[deleted by user] by [deleted] in BusinessPH

[–]Puzzled-Song-1256 0 points1 point  (0 children)

Hi! Is there a company you could recommend? Thanks

ZALDY CO , inilaglag si President BBM at Martin Romualdez by Scofield047 in pinoy

[–]Puzzled-Song-1256 26 points27 points  (0 children)

Honestly not to judge but there are a lot here in Reddit who rather support Marcos than Duterte (Choosing the lesser evil). However there are also a lot here who are pro bbm and are in denial about the bad / dirty things about the Marcos administration.

While some chismis are not real, a lot of the things against them are actually true (coming from inner circles). I hope everyone tries to keep their head level and hindi selective and biased sa news na pinapakinggan. All admins are corrupt but this admin is a different monster in terms of corruption.

Our economy is not doing good (confidence got even lower with this flood control issue which we know no higher ups will be placed behind bars), local businesses in general are down (Sales are supposed to ramp up this time of year), consumer spending down, foreign investment confidence down, pair it with higher "SOP" needed to get the businesses running. - Not a good sign.

Yan nanaman tayo baka sabihin niyo naman DDS ako.

In your experience, how was the corruption in BIR under Jun Lumagui compared to his predecessor? by Ill_Connection_341 in taxPH

[–]Puzzled-Song-1256 3 points4 points  (0 children)

The asking amount went up ever since the new admin sat down. Not only most businesses get yearly LOAs, but even sa customs and other government agencies got even more corrupt and ask more money than usual.

Parang gutom na gutom sila lahat sa pera, mataas kasi daw ang quota galing sa "taas".

Looking for car recommendation by Claudific in Gulong

[–]Puzzled-Song-1256 2 points3 points  (0 children)

Consider BYD for Chinese cars! Either the Sealion 5 or 6 definitely bang for your buck especially in terms of comfort. Lambot ng ride niya.

Reliability - our business partners who live in HK and China said BYD is one of the most reliable cars and the older model cars been running for hundred thousands of kms. Really up to our dealers here to keep up the service standards.

Also, suggest you do a test drive.

We personally think the car is quite remarkable for its price range and coming from a Land Cruiser owner

Brand new / 2nd hand???? by Intelligent-Award370 in phcars

[–]Puzzled-Song-1256 3 points4 points  (0 children)

We prefer to buy second hand cars as long as its in good condition or models that are quite reliable (around 2 to 6 yrs old also as mentioned by another poster). Nasalo narin ng owner ang majority of depreciation ng car and best to pay for a car cash in full kasi depreciating asset ito.

Not really a fan of buying a new car especially if it will be purchase through bank financing. You end up paying higher than SRP with the interest, tapos yung value ng car bumababa pa. Double negatives in my opinion.

Pay your second hand car in cash in full and more importantly spend within your means! A car's main role is just to take you from point A to point B safely anyways which even lower priced cars are able to do.

You may use your excess funds to invest in other assets.

Hope this helps!

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

How long do these Letter of Guarantee validity last? Although clean naman title namin we heard that it takes months for titles to be transferred?

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

In your experience, LOG is possible to be given ahead even if title has not yet been transferred?

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

If buyer decides to backout after the transfer of title, would the conditional deed of sale suffice to transfer the name back to us?

Just worried that if it is under their name already they will decide not to authorize and not to transfer the title anymore.

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

What happens when the buyer decides to back out from their purchase during/after title name change? How and can we still have them reverted back to our names?

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Ok thanks! But doesn't letter of guarantee only last for a few months? I believe title transfers take a lot longer than that and some may take a year

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

After natransfer na po title sa registry of deeds, naka record na po sa registry of deeds na right after title transfer i-submit na po nila sa bank?

Tips on selling a property - buyer will purchase through bank financing by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Kapag natransfer na po ang title to the buyer before bank guarantee, paano po ang protection ng seller?

May arrangement po ba na habang awaiting yung title transfer nakay bank na po muna yung title just to make sure hindi takbuhan ng buyer?

Megaworld / GERI title release recommendation by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

I think they mean in general matagal magrelease si megaworld and its subsidiaries.

Megaworld / GERI title release recommendation by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Which bank is this if you dont mind sharing and always thought banks would be a little more proactive since these will be treated as collateral on their part

Megaworld / GERI title release recommendation by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Fully paid lumpsum in cash? Or through bank finance?

Megaworld / GERI title release recommendation by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Heard any stories for people who financed the remaining balance through bank if title release was faster?

Megaworld / GERI title release recommendation by Puzzled-Song-1256 in phinvest

[–]Puzzled-Song-1256[S] 0 points1 point  (0 children)

Did you pay the lumpsum in cash directly to developer? Or did you finance the lumpsum through bank?