Wendel Peligro - SKL Realty

07/08/2024

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!”
- John Jacob Astor, real estate and business mogul.

02/08/2024

It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.

--Anthony Trollope, novelist

02/08/2024

"To be successful in real estate, you must always and consistently put your clients’ best interests first. When you do, your personal needs will be realized beyond your greatest expectations.”

- Anthony Hitt, real estate professional.

01/08/2024

“Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values, and the least risk.”
- Armstrong Williams, entrepreneur

01/08/2024

“In the real estate business, you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.”
- Johnny Isakson, U.S. senator

31/07/2024

What we call real estate – the solid ground to build a house on – is the broad foundation on which nearly all the guilt of this world rests.
– Nathaniel Hawthorne

31/07/2024

Time is more valuable than money. You can get more money, but you cannot get more time.
– Jim Rohn

30/07/2024

Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.
– Armstrong Williams

30/07/2024

6 Essential Steps Before Buying Land
Step 1: Obtain a Copy of the Title
Get a copy of the land title from the seller or agent and verify its authenticity at the Register of Deeds. Ensure it matches the records and is free of encumbrances.

Step 2: Conduct a Relocation Survey
Hire a Geodetic Engineer to survey the land boundaries, confirming no encroachments from neighboring properties.

Step 3: Execute a Deed of Sale
If the title is clear, both parties should sign and notarize a Deed of Sale.

Step 4: Pay Documentary Stamps
Pay the required Documentary Stamps within one month of notarization to avoid complications.

Step 5: Pay Capital Gains Tax
The seller must pay the Capital Gains Tax to the Bureau of Internal Revenue (BIR). Obtain a Certificate of Authority to Register from the BIR once all taxes are settled.

Step 6: Transfer Fees and Title Transfer
Present the Certificate of Authority to Register at the Register of Deeds, pay the transfer fees, and follow up until the title transfer is complete.

Following these steps ensures a smooth and legally sound land purchase.

30/07/2024

🏠Home Buying Tips

📌Get Pre-Approved for a Mortgage:
Before you start house hunting, get pre-approved for a mortgage. This will give you a clear understanding of your budget and show sellers that you’re a serious buyer.

📌Define Your Must-Haves:
Create a list of essential features your new home must have and a separate list of nice-to-haves. This will help you stay focused during your search and ensure you find a home that meets your needs.

📌Research Neighborhoods:
Explore different neighborhoods to find the one that best suits your lifestyle. Consider factors like proximity to work, school districts, safety, and local amenities.

📌Attend Open Houses:
Open houses are a great way to get a feel for what’s available in your price range. Take your time to explore different homes and ask questions about the property and the neighborhood.

📌Work with a Real Estate Agent:
A knowledgeable real estate agent can be your greatest ally. They can provide valuable insights, negotiate on your behalf, and guide you through the buying process from start to finish.

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30/07/2024

🏡 Why Invest in Property?

📌Stability & Security: Unlike volatile stocks and fleeting trends, property investment offers stability. Real estate tends to appreciate over time, providing a reliable and steady growth in value.

📌Passive Income: With rental properties, you can earn passive income that supports your lifestyle, covers your expenses, or funds your dreams. It's money working for you, even while you sleep.

📌Tangible Asset: Property is a physical asset you can see, touch, and improve. It's not just numbers on a screen but a real, livable space with limitless potential.

📌Legacy Building: Investing in property allows you to build a legacy. You can pass down wealth to your children and grandchildren, ensuring their financial security and providing them with opportunities to thrive.

📌Control & Flexibility: As a property owner, you have control over your investment. You can choose how to manage, improve, and leverage your property to maximize returns.

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30/07/2024