Category Archives: Finance

What is a Home Inspection?

Any Sally and Sam Homebuyer can look at a home and decide whether it is attractive. They might notice it is freshly painted in pleasing colors, has the requisite number of rooms, a cook’s kitchen and is located in a location with top schools. But what about less obvious parts of the house? It takes […]

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What Is a Final Walk-Through?

The notion of a “final walk-through” seems to confuse both buyers and sellers of homes. Here is an explanation of a walk-through. Walk-Throughs What is a walk-through? What is its purpose? Is it important or just a formality? Can it be used to re-negotiate the terms of the contract at the last minute? Let’s look. […]

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What Is A Down Payment For A House

Listen to advertisements for mortgages and you will hear everything under the sun regarding terms. So, what exactly is a down payment for a house? What Is A Down Payment For A House Considering today’s market prices for homes and how they have drastically risen, mortgages have become a necessity when purchasing a home. With […]

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What is a Condotel?

What is a Condotel? Is it a condominium? Is it a hotel? Well it’s a combination of both. It’s also one of the hottest types of investment properties around the world and now available in Philippines. Pacific Concord Properties Inc’s Lancaster Suites in Metro Manila is a condo Hotel (Condotel) in Shaw Boulevard close to […]

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What Happens To My Mortgage When I Sell My Home

You’ve decided to make the plunge and sell you home. More than a few people have innocently asked me, “What happens to my mortgage when I sell my home?” What Happens to My Mortgage When I sell My Home If you own a home, you undoubtedly are carrying a mortgage on it. A mortgage is […]

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