How to Buy a Home in San Jose Del Monte City, Bulacan From an Individual Owner

If you are thinking of buying a home from an individual owner, then be aware of the different tips to follow to properly purchase one. You do not want to be duped of your entire life’s savings just because you were not meticulous in choosing a developer or in completing the documents. Here are important points to note when buying a home, especially in San Jose Del Monte City, Bulacan.

First, you have to ensure the Certificate of Title provided by the individual owner is real. It should be easy to verify if this document is legit or not. You can just secure for yourself the title’s certified true copy from the Register of Deeds. Also, have it photocopied since the original copy will be submitted to the right authorities.

Always ensure that the title is clean. It should have no encumbrances. Examples of what “stains” you have to avoid include bank mortgage or lending company mortgage. To check, see if there are annotations on the title. Any disputes made on the land will usually be annotated on the title. If the title does not have any “stains” due to disputes annotated on it, then it is clean.

The land you are buying should be as described in the title. Again, you can validate this at the Register of Deeds. You have to employ the services of a surveyor too to ensure the actual property matches the technical description in the title.

It is a must to check the real estate taxes. Make sure that the annual real estate taxes are paid and up-to-date in the records. In San Jose Del Monte City, Bulacan, and in any other place in the Philippines, the government imposes that one whole year is paid when the property is being sold. Discuss with the owner regarding who will pay this.

Lastly, ensure that you buy a home only from their true owners. You can start by check that the ID provided by the seller is really the same name printed in the original title. Inquire with the local authority figures too to check whether or not the said seller is really the one who has the right sell the property.