Testimonials and Recommendations Mark Miranda was great at this job, he was great with people and his sales improved each year. I was on his team for several years, and I am glad to be with this team.(reysinena jan.2007) Mark Miranda and I, have worked together for mutual clients on several occasions, and he is not only was great to work with from my perspective, but he always has impressed our clients with his superior communication, knowledge, skills and excellence as a Real Estate Agent..(oscar alabado March2007) Mark Miranda is a real person - friendly, fun, loving and has bright ideas. He is diligent in pursuing real estate transactions and thorough in his attention to details and follow through. I recommend him without reservation.(Monch PPIC July 2007) Mark Miranda is great to work with. He has innovative and creative ideas and a good handle on the market. He works very hard to make his customers happy and goes that extra mile. Mark has sold many properties for us and will continue to do so in the future. He has my highest recommendation.(mannyflorendo Pres. PPIC Sept.2007) I have been the beneficiary of Mark's knowledge and skill and can speak well to his integrity as a Real Estate Agent. I have been fortunate to have him on my team. (Mannyflorendo 2007) I have had the opportunity to work with Philproperties with a large number of inventories, investors and developers - from building a real estate portfolio of sale, resale properties or finding the right home for my clients. My goal is a long-term relationship with my clients, developers and associate Realtors and I have been blessed with so many clients that I can now call "friends". (markmiranda07) - LOAN APPLICATION SERVICES:
Locally employed Latest Income Tax return (ITR) Certificate of Employment with Compensation OR latest full month pay slip Self-employed: Income Tax Return (ITR) for the last 2 years Financial statements for the last 2 years (Audited and In-house, if applicable) Certificate of Business Registration with DTI or SEC Business Registration & By-Laws, whichever is applicable Top three (3) major suppliers and customers with contact persons and numbers Photocopy of the Statement of bank accounts for the last six (6) months OR photocopy of passbook for the past six (6) months Income: Copy of TCT/CCT and lease contract from rented/leased properties Employed abroad For nurses, contract workers and immigrants: employment contract or Certification of employment & salary (to be authenticated by the Phil. Consulate upon loan approval) Proof of monthly remittances OR pay slips for the past three (3) months Others Valid ID (primary IDs e.g. Driver License, passport, SSS, etc) Appraisal fee Marriage contract ___________________________________
NEWS UPDATE! Housing backlog may soon be over HOUSING and Urban Development Coordinating Council (HUDCC) Chairman Vice President Noli de Castro said the Philippines is looking to complete the housing backlog of close to 3.8 million, as more potential buyers have been flooding the mass housing market. Majority of the people looking for new houses or condos come from the business process outsourcing or call centers, the working class, retirees, and overseas Filipino workers. De Castro said the rejuvenated market in mass housing and condos can be attributed to the offers by the HUDCC and the Home Development Mutual Fund (Pag-IBIG Fund), for lower interests and further adjustments to its end-user financing program. The result of a lower interest and easier access to housing loans also created additional housing loan brackets with corresponding lower interest rates. The rate adjustments are aligned with the redefined housing packages set by the HUDCC. De Castro explained that the new Pag-IBIG housing loan interest rate structure retains the 6 percent rate for loans up to P400, 000, and 7 percent for loans over P400,000 up to P750,000. This means that under the new interest rate, the monthly amortization for a loan amount of P400, 000 will be just P2, 398.20 from the previous P2, 661.21. Interest rates have been slashed from 10.5 percent to only 8.5 percent for loans over P750,000 up to P1 million, and to 9.5 percent for loans over P1 million to P1.25 million. Meanwhile, interest for loans over P1.25 million to P2 million remains at 10.5 percent. He explained that as an example, a loan amount of P1 million under the old rate, which is P9, 147.39, can now be paid with just P7,689.13 under the new rate. Along with the latest rate adjustment, the Pag-IBIG Board also approved the increase in maximum loanable amount to P3 million, at an interest rate of 11.5 percent per annum for loans starting at over P2 million. PhilProperties International Corporation’s (PPIC) Manny Florendo lauded the amendment in the Pag-IBIG housing loan program saying it made housing more affordable to members, especially workers in highly-urbanized areas whose housing needs often range from more than P750,000 up to 1 million. “It actually gave Pag-IBIG members a wider range of choices in buying a house,” he said. “Now, more than ever, is the best time to buy and market real estate in our country—whether for end-use, investment or retirement,” Florendo added. Source:Manila Times |