Buying Process
Broker will conduct a consultation with the Buyer to assess the specifics & requirements of the property they're looking for.
Broker will proceed to personally visit, view and screen through multiple potential properties to find a handful that are fitting to the Buyer's requirements.
Broker will bring the Buyer to view the screened properties. If favorable, the Buyer will select a property.
Broker prepares and submits an Offer to Purchase or Letter of Intent on behalf of the Buyer to the Seller.
If favorable, the Seller will accept the Buyer's Offer to Purchase.
Buyer hands over the earnest money and Seller gives a copy of the property's documents.
Broker will begin the due diligence process on behalf of the Buyer:
(1) Verify authenticity of the Transfer Certificate of Title with the Registry of Deeds.
(2) Verify authenticity of the Tax Declaration with the Assessor's Office.
(3) Secure a Tax Clearance from the Treasurer's Office.
(4) Check with the condo/subdivision/barangay if the property has any pending liabilities/problems.
(5) Other due diligence processes that the Broker may see as necessary on a case-to-case basis.
Broker will provide advice to the Buyer based on all the findings found during the due diligence process.
If the Buyer will proceed with the transaction & a downpayment is required, Broker will prepare a Contract to Sell to be signed by both the Buyer & the Seller.
Upon full payment of the Buyer to the seller, Broker will prepare a Deed of Absolute Sale to be signed by both the Buyer & the Seller.
Seller hands over all original property documents over to the Buyer and the Buyer will proceed to transfer the land registration over to Buyer's name. (title transfer is a separate service to be offered by the Broker)