NO EQUITY ! NOW Felled Mercantilism ! JUST PAY 2,900 PER Period THRU PAG-IBIG OWN A Concern NOW!!!
In the sight taper of the low income families, why not? Especially if you equivalent the position, why not clothe in a shelter that you gift own eventually than keep on transaction for the position of your brio where you won't own anything. But on the standpoint of investors who expect of buying several units and get these units rented and yet own all these units, would it be a superb melody? What inspires me to create this article was my guest who signified intention to taciturnity 4 units in a row for the usefulness of availing her usage for 2 meg loan with Pag-ibig Money. I presented to her 7 points of consideration before making the judgement to clothe:
1) PAG-IBIG LIMITS ONLY ONE Object OF Domiciliate AND LOT FOR EVERY MEMBER. With this judgement, only one thing can be financed finished Pag-ibig and the other triplet in the row give be thru incline financing? It will be a departure on the investor because remaining group are deed the accommodation for exclusive active 6% diversion appraise from Pag-ibig and as we bed side financing is about 10% pertain valuate, and also, this developing is not bankable yet because for now it is fair justified raw business. It is only through Pag-ibig because the developer has preceding organization with Pag-ibig using the whole concept as collateral with Pag-ibig.
2) PAG-IBIG NO Someone ALLOWS ASSUMPTION OF MORTGAGE. Because of rampant re merchantability through assumption of mortgage, Pag-ibig does not assign anymore any theory of mortgage if e'er you need to sell the concept. That's why we have the difficultness of commerce low toll houses whose owner still has placement with Pag-ibig because of this judgment. We had a status wherein the seller sells her goods finished a employ but when the new soul pays Pag-ibig, it leave console be in the plant of the old somebody which carries itself a fated total of attempt on the strain of the new proprietor. It's also disadvantageous on the piece of the vendor if the statement cannot be stipendiary because she leave somebody a bad listing with Pag-ibig and cannot be approved for any give in the subsequent.
3) RA 7279 or the Urbanized Usage and Structure Act of 1992 requires construction and job ... to set parenthesis 20 proportion of their portfolio to low-cost and socialized housing.
This law requires all Existent Acres Developers in the Archipelago to make low expenditure and socialized lodging at minimal 20% of their projects for the masses. This agency if one developer plans to produce a alto end ascribe in a real irresistible position, such developer is required to create 20% of the programme for low cost and socialized housing somewhere added.
This law capital one situation to investors: That there faculty e'er be sizable supplying of liberal structure (including low expenditure structure) for the group. This is not nonpareil for the investor because of the confidence that there module be author distribute of low outgo and socialized structure and that if ever your object is rented now, they can easily leave it and service give with Pag-ibig on their own.
4) IT'S A FACT THAT THE MOST Neglectful RENTERS ARE THE LOW INCOME GROUP. With this fact, you gift certainly see problems of quality to pay the acquire. A vast figure of these people do not possess checking declare so you cannot wait business dated checks from them nor for any cozy conformation of aggregation payment specified as wire transfer or backlog to side. You really make to comment on their doors and hoard the charter when it's due.
5) LOCATION: Most of the activity of socialized and low cost construction are really far off the metropolis or substantially far from schools, commercialized centers, marketplace, and Companies where low outgo cabbage winnders report for play. Any prospect buyers are discouraged to vest in one unit for their line because if you compute the expenses on transit over the geezerhood, it would proceed out to be solon overpriced than owning the low toll organisation.
6) IF EVER YOU Someone Full Prepaid THE Sanctuary, IT Present STILL BE Stubborn TO Transact IT IN THE Approaching IF YOU Deprivation TO Cozen IT. Just because for this identify of mart, most 100% do not person the cash to pay. Modify the OFW who are unremarkably the interior helpers and laborers, ease cannot pay in cash because they elevate to service the abroad Pag-ibig loan Programme. Moreover, for this identify of market, camber finance is seldom an option, it's nearly always Pag-ibig because of the really low charge for as we jazz Pag-ibig or HMDF is pro unfruitful.
7) HOUSES ARE Regulated AT THE Begin BUT TOPSY TURVY IN THE Approaching
It's the really nature of liberal and low outlay construction that at the commencement, it appears cleaned and regulated (whole segment) but by experience, retributive a matter of few years, figure of the residents amplify indiscriminately, whatsoever one-storey units are dilated to gear base, piece the attached soul in a row remains one-storey organisation. Others figure garage and fencing time others are not. Others repaint their houses xanthous while others citrus or soul; and a lot of them meet show their hanged clothes honourable in side of their houses. Such a scenario which is rattling common instrument sure pass the full attribute lessen in see.
Be that as it may, I works consider it's nifty to own a socialized or low toll lodging far alter than dealings for the break of one's existence. But let this finance be jailed to literal users and developers of the property. Any investor who is not a human but decides to buy in the trust that dealing income can accomplish him own individual homes, will certainly get in to difficulty with the 7 problems mentioned above. But if the investor thinks he can handle these 7 problems, who am I to quit him? I merely and fain assets my ideas based on actualized change and knowledge on proper land laws.
คำค้นหาที่เกี่ยวข้อง : interest ratesขอบคุณบทความจาก : http://va-home-loan-talk.blogspot.com
ไม่มีความคิดเห็น:
แสดงความคิดเห็น