🚨 Our Biggest Mistake Buying Property in the Philippines 🇵🇭 скачать в хорошем качестве

🚨 Our Biggest Mistake Buying Property in the Philippines 🇵🇭

We’re sharing the biggest mistake we made while buying property in the Philippines — and how it almost caused us to lose access to our beautiful view property in Bohol. Here’s what we cover: 🇵🇭 Part 1: The 5 Steps of the Philippine Title Process 1️⃣ Absolute Deed of Sale Once signed and notarized, the 30-day clock begins to submit documents to the BIR and pay taxes. 2️⃣ Submit to BIR & Pay Taxes • Documentary Stamp Tax (DST) – 1.5% • Capital Gains Tax (CGT) – 6% Both are calculated on the higher of the purchase price or BIR zonal value. 3️⃣ CAR Issuance (eCAR) The Certificate Authorizing Registration is the most important document in the process. Without the CAR, the title transfer cannot move forward. 4️⃣ Registry of Deeds (ROD) All documents are submitted, and a new Transfer Certificate of Title (TCT) is issued. 5️⃣ Assessor’s Office Update The new TCT is filed, and the new owner is reflected on the tax declaration. 🏝 Part 2: Our Experience Looking for Property in Bohol We share what we learned: • Making offers • Understanding listing structures • Being cautious with middlemen • Protecting yourself legally • Why due diligence matters ⚠️ Part 3: Why We Almost Lost Access to Our Property - Our Biggest Mistake This is the part you don’t want to miss. We faced unexpected right-of-way access issues that could have jeopardized everything. Stay until the end to hear what happened — and what we learned. ⚖️ This content is for educational purposes only and is not legal advice. Always consult an experienced real estate attorney in the Philippines before making any property decisions. 🧭Table of Contents 00:00 – Introduction 01:15 – PART 1: The Philippine Property Title Process 01:37 – Step 1: Absolute Deed of Sale 02:41 – Step 2: BIR Filing and Taxes Due 04:08 – Step 3: Certificate Authorizing Registration (CAR) 05:14 – Step 4: Registry of Deeds (ROD) 06:02 – Step 5: Accessor's Office 06:22 – PART 2: Buying Property in Bohol 07:18 – Types of Agents 12:09 – Be clear who's paying for what 12:41 – Sample Reservation Letter 17:08 – No Verbal Agreements! 19:00 – Our Recommendation 20:28 – PART 3: Our Biggest Mistake 21:40 – Retain an attorney to handle sale/title 24:14 – Subdivision Plan May Be Required 33:56 – Right of Way Annotation 34:04 – Thanks for Joining! RECOMMENDED ATTORNEY: David S. Maulas Maulas & Vertulfo Law Offices J.S. Torralba St. Tagbilaran City, Bohol 0917-671-0935 atty.davidmaulas@gmail.com RESERVATION LETTER: Click on the link below and then save to your computer before modifying: https://tinyurl.com/phreservationletter ⚖️ This video is for educational purposes only and reflects our personal experiences. It is not legal advice. Every property situation is different, so we strongly encourage you to consult an experienced real estate attorney in the Philippines before making any decisions. 🎵 Music Attribution 🎶 Beach Life – tubebackr Free Download: https://freetouse.com/music/tubebackr License: Creative Commons Attribution (CC BY 3.0) Artist Channel: / @tubebackr