Moytopia88
11/17/2016 17:56 EST
I recently bought a condo in Manila and my real estate agent told me I will be getting my Deed or Title or whatever they call it in about 4 months at the latest. I finally got it in the mail in my country after 12 months. I forgot all about it until they sent it to me. Is this normal to wait one year? What if I wanted to sell it in 9 months? I'm sure I would have followed up on it after 4 months if I remembered. Im also sure it would'nt be a pleasant experience. They also sent me a statement showing an overage in my favor due to the deposit and the conversion rate at the time. I sent numerous e-mails trying to get my money back but all I get is the run around and passing the buck to another dept. I was looking to buy another condo in the future but after this experience, maybe not.
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standupguy
11/17/2016 21:00 EST
Moytopia88 I buy a house in 2012. They promise the new title for January 2013. We pay for the processing twice a total of $386 Canadian. We find out that the land registrar refuses to process any change of titles in Prudential Village, Toril, Davao City. This applies to the Pinoy's too that buy into our village. The Village President has 2 lawyers working for 6 years on this problem. Our village tax pays for this. Finally Duterte comes in and orders this game to stop. We just paid 9,000 php to have the name of the previous owner removed from the title and my wife's married name put on it. A clean title completely. Very different kind of government here. Now my next problem is that my Permanent Residency was just cancelled since immigration try to force me to buy a retirement visa. Corruption, lies, misdirection all to fleece western pockets. They think all westerners rich. I am not rich. I just squeaking by financially.
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draks
11/18/2016 02:03 EST
Corruption is everywhere, but in this scale,? Hopefully Du30 will make big inroads into the problem. De Lima is just the beginning there is lots more to come yet. Drugs and corruption rule here. Your from UK seernai honestly did you see corruption in a daily basis there? At every level? No way. If you were stopped by the police did they ask for money to let you go? Did the authorities go very slowly until you paid a bribe? If you has something sent from abroad did customs hold it back until you bribe them? It's rife here, you know that surely.
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Snowy29
11/18/2016 02:29 EST
I'm also in the process of purchasing a condo and it's a shocker how useless the sales people are at communication. I visited the site, had a tour around and checked out all the legalities so I wasn't getting bent over. Since I've paid the 20,000php deposit about three months ago and despite a few emails to them I've not been kept up to date on the progress. I was due to pay the full cost this month and have tried to get answers so I can yet still nothing. My partner works in the PNB and she took over the communicating. She's had two phone calls and been ignored ample times. Even when she offered to set up accounts with PNB head office they still never got back. I've come to realise they are great at selling condos but useless at completing the full transaction. It's no surprise that plenty of companies selling condos over there go out of business and leave everyone high and dry.
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seernai
11/18/2016 04:01 EST
I was a victim of people police corruption in 1970. The officer in question has since died , also the British steel plant I worked at for over 22 years was closed because of corruption
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ACEPoolPlayer
11/18/2016 07:37 EST
I agree corruption is everywhere. JPMorgan Chase just agreed to pay 264.4 Million USD in fines for bribing Chinese government officials and their relatives with jobs they didn't qualify for in order to get business access in China. It's everywhere, just at a must higher level. I agree it's a lot more prominent in all walks of life in 3rd world countries including the Philippines. You have to get used to it. Life in the Philippines.
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Moytopia88
11/18/2016 10:30 EST
Seernai-
"Corruption is everywhere"
True, but why is Philippines ranked 95 out of 175 and UK ranked 10 on the corruption scale?
Why is the average IQ in Hong Kong 107 and 86 in Philippines? Crime is everywhere. Poverty is everywhere. Overweight people everywhere, alcoholics everywhere, There are cockaroaches everywhere too, especially in a dirty home.
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trappedinhell
11/18/2016 23:57 EST
Even the lobbying in the US Capitol is a legalized corruption. Even Hillary's campaign fund raising is corruption. Even Saudi Arabia's "donation" to the Clinton Foundation is corruption. All large scale. Jamie Dimon of JPMorgan just got a slap on the wrist for the "London Whale" fiasco, no jail time. (Trump will give Dimon a post as Treasury Secretary). But it's all legalized in the US due to loopholes in the law. All large-scale corruption. Bush, Rumsfeld, Cheney are considered war criminals by some countries and yet the International Criminal Court (ICC) won't do anything about it. Why? Because ICC is run by the West. Same thing w/ that Corruption Ranking, it was conducted by the West. Biased.
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Moytopia88
11/19/2016 01:08 EST
Trappedinhell-
If you're talking about large scale corruption, then nothing beats the world banks. It's the poor that finances the rich and not the other way around. Monetary policies controlled by the elite. Corruption at all levels but this tops it all and touches all.
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Msanti
1/24/2017 05:38 EST
Can we go back to topic about real estate. :)
Where's the best city in the Philippines with a resort-type living?
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trappedinhell
1/24/2017 10:42 EST
Google Anvaya Cove (an Ayala Development) in Morong, Bataan. It's just outside Subic Base. It's a housing development-like resort. Nice beach, pool, golf course, fine dining, clinic, residentials & high rise condos.
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0bieone
1/24/2017 12:04 EST
Sounds like a good investment!! But me personally I live in Davao because we don't get Typhoons...!
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