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Tuesday, December 30, 2008

Philippines Housing Loan


price list of building materials in the Philippines


Philippine Financing, Loans, Joint Venture, Development, Investment, Funding
(evaluated on a case-to-case basis)

To build a Philippine house or commercial building

Option 1: expect to pay 30% to 50% of the contract-amount CASH at contract signing.The rest by 'progress billing' which means you pay every month as long as the construction takes.It is wise to buy ALL building materials at the start of construction; not every month little-by-little because prices will not likely go down PLUS you get a nice discount at the hardware store for buying in bulk.

Option 2: (only if you own a titled lot) 'Inhouse Financing'; pay 50% of the contract-amount CASH at contract signing; minimum Php 1M.The rest over a period of maximum 5 years with approx. 1% interest per month.

Option 3: get a loan at any bank to finance the lot and/or construction.


To build apartments, subdivision, condominium or hotel etc.

(only if you own a titled lot) If you have a strong business plan with a strong exit strategy and 10% to 20% liquid funds into the deal U.S.-investors offer development loans (Minimum US$ 2 Million - Maximum US$ 1 Billion) based on the fact that you would sign a Joint Venture & Commercial Land Lease Agreement.


Are you an Investor looking for Philippines Investment Opportunities?

We have created a large data-base of Entrepreneurs with Prime Real estate (in Tagaytay, Angeles Pampanga, Cebu, Las Pinas, Paranaque, Baguio, Cabanatuan, Antipolo, Boracay, Daang Hari, Molino Cavite among others) for sale or Joint Venture; some with complete feasibility- and market study for a resort, hotel, condominium, condotel, subdivision, leisure- and retirement village, industrial estate, hospital, golf course, casino, shopping and convention centers etc. ( Entrepreneurs are welcome to add their project )



To find the best housing loan in the Philippines you have to 'go to the bank'; just compare about 3 providers like:
Bank 1
Bank 2
Bank 3


GENERAL PHILIPPINE BANK REQUIREMENTS TO APPLY FOR A HOUSING LOAN:

IF FROM ABROAD:

1. IDENTIFICATION CARDS W/ PICTURES LAMINATED (AT LEAST 2 I.D.S)
EXAMPLE : PASSPORT, DRIVER'S LICENSE, SSS, ETC.
2. CREDIT REPORT FROM PRIVATE AGENCY REGARDING HISTORY OF CREDIT
3. INCOME TAX W/ STAMP FROM BUREAU OF INTERNAL REVENUE
4. CO-MAKER IF OVER AGE 60 YEARS OLD, OR IF INCOME IS SMALL

IF FROM PHILIPPINES:

1. CERTIFICATE FROM BARANGAY THAT YOU ARE LIVING IN THE AREA
2. TITLE OF THE LOT
3. LOCATION PLAN OF THE LOT, INCLUDING LOT AND BLOCK NUMBER IF IN A SUBDIVISION
4. TAX DECLARATION
5. REALTY TAX PAYMENT RECEIPT
6. MARRIAGE CERTIFICATE
7. COMMUNITY TAX CERTIFICATE (CEDULA) .
8. PASSPORT SIZE PICTURES
9. FORMS TO BE FILLED UP (FROM BANK)
10. PLANS OF HOUSE FOR CONSTRUCTION
11. BILL OF MATERIALS OF HOUSE FOR CONSTRUCTION
12. SPECIFICATIONS OF HOUSE FOR CONSTRUCTION
13. APPROVED BUILDING PERMIT



Payment Possibilities (evaluated on a case-to-case basis):

1) For most houses expect to pay 30% to 50% of the contract-amount at contract signing.
The rest by 'progress billing' which means you pay every month as long as the construction is going on (about 5 months).
It is wise to buy ALL building materials at the start of construction; not every month little-by-little because prices will not likely go down PLUS you get a nice discount at the hardware store for buying in bulk.

2) (only if you have a titled lot) pay 50% of the contract-amount at contract signing.
The rest over a period of maximum 5 years with approx. 1% interest per month.

3) (only if you have a titled lot) if you have a good business-plan to build apartments, subdivision or hotel etc. we provide 100% development loans (up to US$ 1 Billion) and all building materials free of charge based on the fact that you would sign a Joint Venture & Commercial Land Lease Agreement with us.
http://www.sibonga.com/philippines_investment.htm




If you have something interesting to add about Philippine Housing Loans; click here


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Construction trades occupations. Most of the workers in construction are construction trades workers, which include master, journey, and apprentice craft workers, construction managers, and construction laborers. Most construction trades workers are classified as either structural, finishing, or mechanical workers, with some performing activities of more than one type. Structural workers build the main internal and external framework of a structure and can include carpenters; construction equipment operators; brickmasons, blockmasons, and stonemasons; cement masons and concrete finishers; and structural and reinforcing iron and metal workers. Finishing workers perform the tasks that give a structure its final appearance and may include carpenters; drywall installers, ceiling tile installers; plasterers and stucco masons; segmental pavers; terrazzo workers; painters and paperhangers; glaziers; roofers; carpet, floor, and tile installers and finishers; and insulation workers. Mechanical workers install the equipment and material for basic building operations and may include pipelayers, plumbers, pipefitters, and steamfitters; electricians; sheet metal workers; and heating, air-conditioning, and refrigeration mechanics and installers.

Construction trades workers are employed in a large variety of occupations that are involved in all aspects of the construction industry. Boilermakers make, install, and repair boilers, vats, and other large vessels that hold liquids and gases. Brickmasons, blockmasons, and stonemasons build and repair walls, floors, partitions, fireplaces, chimneys, and other structures with brick, pre-cast masonry panels, concrete block, stone and other masonry materials. Carpenters construct, erect, install, or repair structures and fixtures made of wood, such as framing walls and partitions, putting in doors and windows, building stairs, laying hardwood floors, and hanging kitchen cabinets. Carpet, floor, and tile installers and finishers lay floor coverings, apply tile and marble, and sand and finish wood floors in a variety of buildings. Cement masons, concrete finishers, segmental pavers, and terrazzo workers smooth and finish poured concrete surfaces and work with cement to create sidewalks, curbs, roadways, or other surfaces. Construction equipment operators use machinery that moves construction materials, earth, and other heavy materials and applies asphalt and concrete to roads and other structures. Drywall installers, ceiling installers and tapers fasten drywall panels to the inside framework of residential houses and other buildings and prepare these panels for painting by taping and finishing joints and imperfections. Electricians install, connect, test, and maintain building electrical systems, which also can include lighting, climate control, security, and communications. Glaziers are responsible for selecting, cutting, installing, replacing, and removing all types of glass. Insulation workers line and cover structures with insulating materials. Painters and paperhangers stain, varnish, and apply other finishes to buildings and other structures and apply decorative coverings to walls and ceilings. Pipelayers, plumbers, pipefitters, and steamfitters install, maintain, and repair many different types of pipe systems. They may also install heating and cooling equipment and mechanical control systems. Plasterers and stucco masons apply plaster, cement, stucco, and similar materials to interior and exterior walls and ceilings. Roofers repair and install roofs made of tar or asphalt and gravel; rubber or thermoplastic; metal; or shingles made of asphalt, slate, fiberglass, wood, tile, or other material. Sheet metal workers fabricate, assemble, install, and repair products and equipment made out of sheet metal, such as duct systems; roofs; siding; and drainpipes. Structural and reinforcing iron and metal workers place and install iron or steel girders, columns, and other structural members to form completed structures or frameworks of buildings, bridges, and other structures. Lastly, construction laborers perform a wide range of physically demanding tasks at building and highway construction sites, such as tunnel and shaft excavation, hazardous waste removal, environmental remediation, and demolition. Many construction trades workers perform their services with the assistance of helpers. These workers assist trades workers and perform duties requiring less skill.

Mechanical and installation occupations. The construction industry employs a number of other workers apart from the construction trades. Elevator installers and repairers assemble, install, and replace elevators, escalators, moving walkways, and similar equipment in new and old buildings. Heating, air-conditioning, and refrigeration mechanics and installers install systems that control the temperature, humidity, and the total air quality in residential, commercial, industrial, and other buildings. Material moving occupations use machinery to move construction materials, earth, and other heavy materials, and clean vehicles, machinery, and other equipment.

Managerial occupations. First-line supervisors and managers of construction trades and extraction workers oversee trades workers and helpers and ensure that work is done well, safely, and according to code. They plan the job and solve problems as they arise. Those with good organizational skills and exceptional supervisory ability may advance to construction management occupations, including project manager, constructor, field manager, or superintendent. These workers are responsible for getting a project completed on schedule by working with the architect’s plans, making sure materials are delivered on time, assigning work, overseeing craft supervisors, and ensuring that every phase of the project is completed properly and expeditiously. They also resolve problems and see to it that work proceeds without interruptions.

The construction industry employs nearly all of the workers in some construction craft occupations. Other industries, including transportation equipment manufacturing; transportation, communication, and utilities; real estate; wholesale and retail trade; educational services; and State and local government also include large numbers of construction craft occupations (table 3).


Building Type:
--- Select --- Amusement facilities Aquatic facilities Colleges & Universities Commercial facilities Courthouses Detention facilities Extended care facilities Financial buildings Fire stations Health care buildings High-rise buildings Hotels Industrial complexes Libraries Medical office buildings Mixed-use buildings Multi-family housing Municipal buildings Museums Office buildings Other Parking Structures Performing Arts Police stations Post offices Religious buildings Research facilities Restaurants Schools K-12 Senior/Assisted Living Single family housing Stadiums and arenas Storage facilities Transportation facilities Warehouse/Distribution


Does it even matter what field I looking to take the whole situation? If there are plans for a diversion, this is the rule for an area which is larger than just our proposition. In many areas where destination changes, many investment bank in the joint venture investors for Philippines mining investment Philippines developers with positions represented. Why not sell Lot Property directly to a developer? Developers prefer to invest in land which is known to within 3-5 years to develop them. The buyers of Lot and Lot Property Property themselves have a longer investment horizon. The Church said that there is no diversion is expected. Each Municipality has the same interest as you and us, namely, that they acquire land within a foreseeable period diversion could draw. And the most favorable conditions. When asked about the possibilities of a lot of grassland in a colleague was told that this was a nice piece of green, where the town was very happy about that. Meanwhile there are more than 50 homes Philippine investment at that location. In short, a total is not to benefit third parties to inform of planned destination changes, as long as they do not own the rights to this land have committed. Is there an index on which the developments of this land back to read it? Land prices are tracked by region. A distinction is made between grassland and arable land. These values are hardly representative of the Property selected by Lot grounds. That comes from the fact that guide investment Philippine property Lot Property not assess the grounds on agricultural qualities. There is no national index with value that is specific to our locations. The expected return Lot Property, however, build on the basis of irrefutable arguments and apparent successes. Philippines investment opportunitiesinvest in the Philippines investment Philippines investment in the Philippines investment opportunities in Philippines list investment banks in Philippines investment banks in Philippines bureau of investment,Philippines best ideas for investing in the Philippines wise investment in Philippines investing in the PhilippinesAnd what if the land value will fall? Property plot sees no reason for a fall. In the period 2000-2005, there was little economic growth and that also had its impact on the prices of land. The prices of the lots have been selected by us even in that period and after 9 / 11 or retain their value increased. While some so-called 'safe shares' have good return company investment Philippine. Again, the 2 factors that determine the price of each property, its supply and demand. And these factors in the market currently under unprecedentedly favorable.

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