CONDO BUYING EXPERIENCE: Step-by-Step | REAL ESTATE 101 PHILIPPINES | What you need to know

[@CharmdeLeon]

Shoutout to my agents/brokers for helping me with the research: ✨Carla Camposano- Avida Properties 09774709345 (Globe) 09610957854 (Smart) ✨May Leuterio (Cebu Landmasters: Vis-Min) 09178886298 [e-mail]

[@carlagracecamposano172]

Thank you Ms.Charm! God bless you. 😊

[@pinunotv6002]

@@carlagracecamposano172 meron pang available?

[@thinkfoxy9595]

How do you weed out the scams? Because I know some people will say there selling a property but it’s not even there property to sell.

[@josephgoddy3051]

Whats➪App

[@josephgoddy3051]

+1 (419)

[@NicoleAlbaYT]

If this video was a sandwich, I'd be super busog kasi super siksik with so much valuable info! Loved this video Charm sobrang dami kong natutunan 😲🌟🥪

[@CharmdeLeon]

Thanks, Nic! Excited for you to dabble into real estate narin!

[@olivafortich6430]

I am a subscriber both you charm and Nicole. All your videos are so useful and informative.. Maraming natutunan sa mga videos nyo.

[@briyup2352]

Not easy to learn real estates if you are a beginner.

[@LifewithIvanFrancis]

Hope you'll do a collab in the future...along with Ms. Thea Sy Bautista. ❤️

[@janekristinebautista4606]

Grabe ate charm. Super blessed to have a generous vlogger like you. Super generous sa information. 💕🥰

[@CharmdeLeon]

My pleasure 😊

[@danielnetz7539]

Congratulations, you've successfully talked me out of purchasing a condo in the Philippines!!!

[@ichewwie]

OH YES.. then please make a follow up video on how you manage your rental properties

[@junverloubagahansol9838]

This channel is good for adulting

[@indidesitourer585]

This is the only KZbinr who explains in English properly.

[@johnpaulmaraya6756]

As a real estate student this is helpful for me. im actually making a script for how to buy a condo unit.

[@pheebsdazon3469]

Legally speaking, when you say real property, you mean land and immovables. Personal property refers to cars, luxury bags or items, etc.

[@kevinone5514]

Basically the best definition I got is to imagine your property and you flip it upside down from the ground up and shake it. Anything the falls out that is personal property and if it stays put it is real property.

[@jeninalacson7785]

correct. law on property

[@moderncrusader9904]

I just bought a 300 Square meter lot in the middle of nowhere somewhere in Leyte for 500k pesos i will be turning it into a training area for my growing private security company i think its good investment.

[@maricarcristeltravelslife]

Wow. Where in leyte ?

[@moderncrusader9904]

Maricar Canoneo Dulag to be exact there are no buildings nor police stations nearby only an army detachment there is also history of NPA operation so its not advisable to be a residential area haha thats why im turning it into my private security company training ground thats why its also cheap

[@stephenatherton1623]

I may be cheap because the seller didn’t own it , so you don’t have a title . 😀

[@dwighthoward54321]

Thanks, Charm. Hope you keep on uploading good content. You deserve 1M subs.

[@frederickmestio2394]

I ended up recommending it to someone, because most of the content in the video are soooooo VALUABLE! Thank you Miss Charm 💖

[@CharmdeLeon]

Thanks, Fred! 🤗💕

[@vincentratilla4212]

Very informative! Next video please how to rent or how to rent out condo! :D

[@1775SemperFi]

Yes please!!

[@johnmitchjayno3937]

Hi charm! You mentioned you have real estate with your friends. Can you make details on yhat or a video. Hehe. Thanks

[@tralalalal2801]

Nagkanindot lagi imo camera charm!

[@marizmakinano2666]

Hello Charm, this is what I am looking for, thanks a lot. i'm now watching some of your videos to learn more about in finances.

[@LarryfromPH]

The difficult or challenging part of adulting is how to resolve complicated situations. For your case, have you came up with a possible solution in case one of your partners decided to quit the partnership?

[@CharmdeLeon]

We have a corporate exit plan for each partner ☺️

[@notale8044]

Good question.

[@notale8044]

@@CharmdeLeon can you make a vlog about it.

[@danatancioco2329]

@@CharmdeLeon plsss make a video about this 🙏🙏🙏

[@Daniel-hs5eo]

Can't wait for the #RealEstate101

[@janssennavarro3326]

Hoping soon magkaroon din ako ng Own Condo ko, para hindi na ako magtiis sa ingay dito samin, Thank you for posting this Miss Charm

[@bryllejustinreforma9878]

Bat san kba nakatira ano work mo??

[@ticosalazar5545]

Hi Charm! Can you do a video on how to understand sample computations when buying a property? 😅 terms are kinda confusinggggg for a first timer with no background haha

[@rinainlondon8]

Wow ur channel is growing so fast

[@yuricanale3807]

Sobrang salamat sa pag gawa ng videos! 🙏

[@franchetteguerra344]

Finally 💓 ✨been waiting for this vid since the time you only have 40k subs pa lang huhu TYSM godbless miss charm 🙏 will not skips ads 😁

[@CharmdeLeon]

🤗💕

[@Maharut44]

Planning to buy condo around manila ❤ thanks sa info ℹ️🙏

[@krv6692]

Condo pasalo means the previous owner should not take profit from the property because they are trying to get out of the liabilities. If mag tatake sila ng profit, hindi na sila nagpapasalo nun, nag nenegosyo na sila.

[@jonathansoriano8]

Duon nalang siguro nag compromise si Charm dahil gustong gusto niya yung property with amenities.

[@DailyGrind.]

They took condo flipping to a new level haha...

[@andromedareyes3255]

Trueee!

[@ariesloraine]

Meaning what Charm did wasnt a smart move after all? I actually thought of the same thing. Pasalo sellers are only after getting their money back not make a business out of it?

[@brokerabigailPH]

That’s flipping Sir, and I think that is ok especially if the total contract price is less than the developer’s price tapos wala ng available units yung project na yun. 😁 Sulit yun if gustong gusto mo yung project location and meron kang lumpsum money for the cash out. Win - win for buyer and seller ☺️

[@iamrubyrose]

This is so informative. Thanks for sharing!! 💕

[@jericrequiso8875]

I love watching all your videos ma'am, I'm your new fun. I'm still in the process pa din of learning sa pag invest sa real estate..

[@Jen-wt5ib]

My 1st condo is a 28.5sqm condo w/o parking. Pero i regretted it, kasi i should have gotten a bigger unit and w/ parking. Price then was only around 2M, parking at 650k. Im only supposed to stay there during weekdays pero I ended up living there narin kasi it is near work. If the location is good (w/ good rent opportunities and resale), and you have extra money, I recommend getting a bigger unit w/ parking. But... Not sure lng now if maganda appreciation ng condo considering their high prices..

[@johnpaulpasco2508]

glad i found your channel. It’s really informative. Thank you so muchhh!!

[@sebastianluca3907]

Love the setup!🤍

[@marvinjosephagor9493]

Very insightful and very helpful! Thank you!

[@GhostedStories]

Awesome picks, Charm!

[@rocreyes]

Hi Charm - thank you for the informative video. Do you have information on condo fees, hidden costs, and long term expenses associated with owning condos in the Philippines?

[@jinliteratus9371]

Thanks Ms Charm! This is very valuable info..

[@Jazzymeme]

Thank you for Sharing it

[@sharigellaine]

Eto yung hinahanap kong topic! I invested in a property in Alviera, Porac, Pampanga just to resell this in the future. I’m still paying the dp and would like to resell it na sana. Not sure if pasalo ba ang term since I’m planning to sell it sa price na mas mataas sa pagkapurchase ko and lower sa current value.. Sana may another video pa for this or if may interested na buyer for Alviera by Ayala land, please let me know 😊

[@CharmdeLeon]

For assume tawag nyan. When you price, consider also the transfer fees that the buyer will be paying and offer a price na win-win kayo. (You get a bit of profit and they get a discount parin from the current market price even with the extra fees)

[@sharigellaine]

@@CharmdeLeon marami po bang buyer na ganito ang option? Nagkaka-anxiety ako na baka hindi ko pala maachieve yung desired goal ko.. I want to invest more pa naman sana sa ganito

[@winnieatshunny]

3.5M for 22sqm in fairview.... Biggest lesson here is to not buy preselling. Buy RFO from secondary market and if you're going the pasalo route, make sure the seller loses money. You have the cash, you can negotiate.

[@pkkim9384]

Hi thanks for the very informative video !!

[@gelazsebastian]

This is really helpful

[@CharmdeLeon]

🤗🤗🤗

[@PJ-lw3zf]

Hi! I hope you would a townhouse version in provinces, specifically in Pampanga. 😊

[@sams.4423]

Awesome content! Thanks!

[@OwnPropertyPH]

I was wondering why my comment didn’t get a response. My comment disappeared pala 🥺 Now, I can’t remember what I exactly wrote 😅 Anyway, a tip to those buying a condo for primary residence, if you’re buying a condo project that will have more than one tower, it’s better to buy the second tower since the real estate developer usually fixes the issues the first tower may have plus the features are improved. For those buying for real estate investment, if you have the cash, you really earn by buying from distressed sellers 😊

[@CharmdeLeon]

Oh no! I wonder why that keeps happening on my channel. People’s comments disappear 👻 Thanks for the tip as always, Me-An!

[@ramajuss8226]

Hello po! May I ask what “distressed sellers” mean? 😊

[@iHateCactuars]

Distressed sellers, meaning rush selling dahil wala na pambayad sa monthly mortgage nila or anything in particular. I think the best example is someone na kumuha ng 5 year mortgage tapos by year 3 wala na makukunan ng pambayad so they sell low and rush price.

[@siftdeguzman8730]

Thanks for sharing this vids

[@ChonaBorja]

Hi Charm! What do you think of Kai Gardens by DMCI? Do you do condo reviews?

[@kimberlycaimbre8054]

Thank you for this!

[@adrianjacobpontillas8120]

Hi maam. Im a property consultant as of now maam we are offering a pre selling condominium. Would you like to checkout? Please do email me maam [e-mail]

[@DigenZ243]

Hi! I have a question. Where do you find these for assume properties? Thank you!

[@guzescalona3343]

pls do a buy vs rent a condo😁 thanks

[@CharmdeLeon]

I already did! Here: kzbin.info/www/bejne/fJirk2yce6ySsM0

[@GhostedStories]

Hello Charm!

[@b_is_alive]

around 18 minutes, yung sa spot dun sa alabang, very close to San Beda, hmmm

[@meloimagpantay9588]

Do you have any book recommendation about real estate investing?

[@iam.michaelsiervo]

I stumbled on you videos. Great job. I’m a Canadian and have been thinking about buying condos or commercial properties in the Philippines. Any advice on foreign investors? I’m planning on getting my dual citizenship. Looking forward to connecting. Keep up the great work

[@DiamondRank1]

Hi I believe that foreigners are not allowed to own a real property in the Philippines 🥰

[@thamiecore3606]

@@DiamondRank1 He can :)

[@islandarkicrypto]

​@@DiamondRank1lots of foreigners owns A LOT of LAND, PROPERTY in siargao and other small islands. 😢

[@JericaEuropeo]

Would you like a condo in Metro Manila? Im an inhouse agent of Cityland Development I can help you. :)

[@darylmargaja2212]

Hi new subscriber here. Do you still recommend buying a 6yr old condo from the first owner? we are planning to stay there for 5 years and eventually rent it out. hope to hear some tips. More power!

[@happya2408]

mataas ang interest sa home loans sa philippines compared kunwari sa UK so hindi sia tlaga mababa. kapag kinompute mo kung 10 years around half or more than half nung TCP ang babayaran mo.

[@CharmdeLeon]

That’s true if you compare it to the US also but i think it’s partly because our high interest savings accts also go as high as 2-4% as compared to the US/UK’s...1%? 6-8% home loan here 2-4% mortgage loans in the US/UK

[@sf-cu1ul]

Not connected but, thoughts on earn to play games? E.g. axie infinity, my defi pet, etc.

[@moderncrusader9904]

You talking about being a gamer? I mean yes gaming can also be a good source of income pero it takes time and money before maka kuha kana ng certain amount of crowd i do suggest finding a job first on your first few years habang konti palang viewers mo and then if self sustainable na yung gaming mo pwede kana full time gamer hahaha

[@sf-cu1ul]

​@@moderncrusader9904 nope! just curious for another perspecive since a lot of people are loaning/maxing ut their savings/etc to be able to "invest" more than 70k into the game. The hype is kinda scary 😅

[@jaogiltendezjimera3704]

Hi Charm! What’s the basis of the profit amount /top-up amount of the seller? Was it purely based on the current market value (vs. the value ~2years ago) only? Or are there other drivers factored in? Is it only called a “pasalo/assume” if the seller pays/paid directly thru the developer and wanted it to sell BEFORE turnover? Or can we also consider it a pasalo/assume if the seller has been paying thru bank even AFTER turnover? If not, do we have a proper terminology on the latter? Thanks! 😊

[@CharmdeLeon]

Pasalo applies to both before and after turnover, there will be more paperwork if it’s after because you’ll have to deal with the bank as well. The basis was just really an agreement between us and the previous seller, you can definitely stand your ground and not pay extra and wait for them to give in but they’ll most probably find another buyer who would pay the extra amount.

[@AZURE_ONE]

Ill be sharing with you*

[@xflamm5053]

waiting for the real estate content

[@FrancoGomez-cj2xc]

Hi, I would like to know your thoughts about DMCI condos, are they good for flipping?

[@tectnique]

Hi Charm, may I know if pasalo properties still under a downpayment scheme will be subjected to Capital Gains Tax? I'm planning to take over my friend's condo and he will not receive any profit from it. Thank you

[@CharmdeLeon]

Not yet since you’re technically not selling it yet.

[@jonathansoriano8]

No CGT Monique as it is only a transfer and unit is still with developer under down-payment period, Withholding Tax may apply esp if contracted already (with CTS), check with developer requirements.

[@wixpalmares9283]

Great content! Question po, may amilyar ba ang condo annually?

[@CharmdeLeon]

Yes! We still have to pay RPT. Either yung property manager mag babayad and lalabas sa billing nyo. Or kayo mag babayad

[@wixpalmares9283]

@@CharmdeLeon Thanks. Just subscribed😁

[@DawnJ86]

Greetings Charm, I`m wondering, how much monthly rent a landlord can expect, out of those tiny 22 sqm condos ? Would it be a fair assumption to think those properties mostly aiming towards AIRBNB /STR`s rather then long-term ?

[@CharmdeLeon]

At this market, a studio can net around 12-18k monthly depending on the area (mostly long term), for short term, you can maybe do 15-25k monthly but not too many people are renting short term and a lot of condos are not allowing this for now.

[@DawnJ86]

@@CharmdeLeon Thanks ... what would you say the demographic ? students ? foreigners ?

[@valeriejaneortega9277]

have you tried po on buying a property outside your city na? can you share your experience on it as well. pretty please 😊

[@zeska6147]

Hi! Just wondering if you know anything about reso unit? Like the Ice Tower SMDC. Maybe you have any insight. Thanks!

[@angelid.8723]

Hi Charm, can you provide a comparison vid on bank financing vs pagibig? Thank you 🙏🏻😊

[@mavylerman1179]

surely pagibig takes longer to process and much higher interest rate in comparison to banks

[@aizzacruz5697]

Hi Charm! New subscriber here!

[@lucyboi3968]

Hi, I'd like to ask how bank financing works? From my understanding, it's like loaning from the bank. When will it start? After the 10% 60mos or you can simultaneously start paying for it?

[@CharmdeLeon]

During the turn over of unit. After downpayment, So it depends on your developer if after 10% or 20% (which can be spread across months)

[@sobangcha3042]

Hello what mic are u using po and are u using phantom power or xlr with it❔😅

[@CharmdeLeon]

USB C to USB C! Audio Techinica ATR2100x (It has XLR option, too)

[@jackthereal21]

hello can i ask something? what if i bought it in cash, fully paid. what are the requirements needed?

[@caloymazing2124]

Do you do seminars or talks?

[@CharmdeLeon]

Webinars sometimes but about personal finance ☺️

[@caloymazing2124]

@@CharmdeLeon do you have a link? I would like to attend one or two haha

[@AceKing7287]

Good stuff Charm! If a condo is given to me with equity already paid and need ko nlng ibank finance the remaining balance. Do I still need to pay redocummentation fee kahit hindi nman ako buyer?

[@CharmdeLeon]

Yes ☺️

[@hempcollectah420]

Hello, Can I ask if its possible na dayain yung SPA for buying a condo. So i’m living here in the US and I reserved a condo unit sa pinas. They want me to send the SPA form though PH embassy sa Bew York. My plan is to let my cousin print the spa foem in the PH and notarized by an atty there and sign my signature in thr spa form and give it to the office. Bu the way, I don’t have a TIN # in the PH. What is tour thoughts on this?

[@elangnevilos]

Is there a reliable website for pasalo properties?

[@seandaelbautista185]

What is Bank financing?

[@CharmdeLeon]

Taking out a loan from the bank

[@thebohosuite]

im paying 5 condos rn, non of these are still yeilding. 1 turned over, 4 are still pre sellinh. i think i made a bad decision.

[@gunnerplay7462]

If you want a true investment buy a 120 sqm lot divide it into to 4studio type then parentahan mo. Ganun ginawa namen ng utol ko sa 300sqm lot na binili namen tas yung 180 sqm lot nanatitira tinayuan namen ng bakery and water station. 2,000/ per sqm lang ang nabili namen na lote

[@moderncrusader9904]

Just keep on advertising it customers will just come

[@gelogan6498]

So ibig sabihin yung 3.2 m na presyo hindi pala talaga yun ang presyo kasi mas malaki pa yung naging total.

[@carloinweb3985]

Hi, I'm a Freelancer and i want to learn to invest

[@mdb392]

♥️♥️♥️♥️♥️

[@RL86]

Is this the Astra condo?

[@vinrubin6555]

Maybe you can help me to sell my condo, 2 units ,17months paid. 5min walk away from Univesity Of Perpetual Help and Pavilion Mall. Expected value when turned over to atleast 4.5M. Current rate of rent is 7-8k per person (up to 10k), each unit can house 4 person with 2 double decks.

[@siennasy4178]

Hi can i loan to SSS to buy a condo hope you can answer

[@markeuringer8106]

How about megaworld?

[@charlesolivergascon4885]

Mataas pa po ba ang percentage of finding a tenant in real estate, knowing that there is still a pandemic happening and most of the works nowadays are can be done from home? Thank you.

[@alegrebanay7835]

Hello! I'm a marketing associate from SMDC ✨ What's good about having a condo unit from us is that, we have our own leasing department that will help you look for your tenants. Sila na po ang bahala don and you don't need to worry about anything 🤗 We have lots of properties to choose from. Even though you're not sure about availing a condo yet, can I invite you in a private Zoom meeting? 😉 In case you have personal questions, concerns or want a detailed explanation about the computations, maiinform na po kayo if you plan to have real estate properties like this. Let me know what you think po 🙏🏻 Thanks!

[@thrivewithgj]

Is there any tax to be paid by the lessor if nagpapa rent ng condo unit? Thanks

[@dareelevi9945]

Hello po! Naka gawa po ba kayo ng video kng anong mangyayari kng hindi ma approve loan sa bank? Hinahanap ko po hindi ko makita

[@philipprubia609]

Mivela ba to Charm or Mivesa?

[@CharmdeLeon]

Mivela (Apas) would be cheaper pa. Mivesa (Lahug) is all done na kasi.

[@philipprubia609]

@@CharmdeLeon do you think ok to for rental out?

[@CharmdeLeon]

@@philipprubia609 could be, yes! BRT is planning to pass there also, I heard!

[@slaystacy3463]

6:55 anong condo po ito??

[@user-gx3bl5ij3z]

what apr is bank to bank po

[@netsektor]

So you and your boyfriend shared in the purchase of the property? If so, you took 2 risk, 1 buying a pasalo and 2 buying it with a boyfriend only. :D.

[@CharmdeLeon]

Call me a risk taker 😅😉

[@jonathansoriano8]

And when they decide to quit before the home financing period, they will just do a Deed of Transfer as long as within the DP period. The other party will buy out and do another pasalo of the other para single name owner at sa kanya nalang ang property bago maipasok sa home loan.

[@klengguanzon4223]

Maam ano pong set up nyu if marami kayo sa isang property??

[@CharmdeLeon]

Corporation Yung amin

[@raidernation934]

Red Flag! Never buy an investment with a boyfriend or girlfriend. If you guys breakup, how will that go about?

[@CharmdeLeon]

@@raidernation934 we’ve been married for 2 years. To each their own but you can always have contracts in place if you want another layer of protection.

[@florencemariesalmasan7028]

Is Smdc real estate investment good?

[@mavylerman1179]

No, actually kung para ito sa rentals sa sobrang dami mong competitor sa isang building kasi high density (madaming units per floor) palagi everytime na gagawa sila ng bagong tower or condo building. Besides, mahal na rin sila and maliliit ang cuts ng units, at bawal ang pets. Madalas maissue na may gumuguhong tower, pero kung looking ka sa medyo cheaper price ok na rin ang smdc.

[@alegrebanay7835]

Hello! I'm a marketing associate from SMDC ✨ What's good about having a condo unit from us is that, we have our own leasing department that will help you look for your tenants. Sila na po ang bahala don and you don't need to worry about anything 🤗 Our units are near malls, access roads and universities to exemplify high-class lifestyle. We have lots of units to choose from. Even though you're not sure about availing a condo yet, can I invite you in a private Zoom meeting? 😉 In case you have personal questions, concerns or want a detailed explanation about the computations, maiinform na po kayo if you plan to have real estate properties like this. Let me know what you think po 🙏🏻 Thanks!

[@mel-pi1yr]

@@mavylerman1179 is it true may gumuguhong bldg si Smdc? Kakatakot nmn un.. not safe lalo n if higher floor

[@austinegonzales3986]

This wowan I's genius

[@msmarjofficial]

Beware of those na nagoooffer ng mababang dp mahihirapan pala kau sa bank loan after kasi anlaki pa ng maiwan

[@janssennavarro3326]

Para sakin gusto ko magkaroon ng sarling condo unit para maka alis sa community namin na mga time na maingay ang hirap makatulog ng maayos

[@bryllejustinreforma9878]

Mas masahol pajan mararanasan mo sa condo. Im telling you

[@cyrusboknoytv8897]

What was the name of the project?

[@fmar_0220]

👍

[@msmarjofficial]

If ur just bf and gf pre nup is very impt

[@joycemonicacruz882]

Hello po, i am an average income earner po. just want to ask if it this is a right time to invest in condo specially if I plan it to make a rental business?

[@clarabella452]

Sure

[@clarabella452]

Nice video! I was able to build a big income stream during the covid 19 pandemic investing with a professional broker, mrs Tessy

[@adrianjacobpontillas8120]

Hi maam joyce. I'm a property consultant po would you like to check out our pre selling condo here in Cainta?

[@mel-pi1yr]

Hi Charm, just want to ask for advise on buying a condo from developer, they mentioned they will Notarized the CTs with the developer's signature once i made a full payment since condo is for Cash payment. As of now Notarized ang CTS but only with buyers signature walang Developer sign. Just checking if this is how Notarized CTS worked? Thanks so much hoping for ur reply..

[@mppulgao1795]

Hello mam wala ba sa quezon city

[@CharmdeLeon]

22:55 is in QC ☺️