What is the procedure of buying a property when I don have the time yet to come over to the Philippines ?
You can purchase without necessarily coming over. First, you select from this site the specific property you are interested in. From the subdivision, you can choose the specific location you want to reserve. Upon receipt of your payment “bank to bank”, or through your SPA, the property of your choice will be reserved for you in 30 days. Within this 30 day period, all documents required will have to be submitted and a contract shall be signed. The original shall be sent to you for your original signatures and to be sent back for notarization here. After notarization and after receiving your down payment “bank to bank”, one of the notarized copies shall be sent to you again for your copy. The reservation is always deductible to your down payment. Philippines National Bank (PNB) Account Number: 253699700016Land Bank of the Philippines Account Number: 2791 – 1185 – 76 For your monthly amortizations, there are two possibilities: (1) We may require an issuance of post dated checks for at lea
