Monthly Archives: May 2014

And just like that, we’re moving again

May 23, 2014 |

Have you ever woken up on a Friday morning with no intention of moving and by 5PM that day have submitted an offer on a home? That’s what Sylvia and I recently did, and it’s not the first time. We really thought our current place in Westlake would be our “forever” retirement home. We’ve slowly […more]

Distinguish “Foreclosed Property” from “Acquired Asset”

May 21, 2014 |

When a property owner fails to pay his MORTGAGED PROPERTY, the property will be foreclosed by the bank and that property becomes FORECLOSED PROPERTY. A foreclosed property becomes an ACQUIRED ASSET of the bank after the release of the Court’s decision to convey the ownership of the property in favor of the bank. The Court […more]

Factors In Determining Brokers Service Fees – BIR RR 4-2014

May 20, 2014 |

MY RESPONSE TO BIR Required Affidavit of Real Estate Broker – Factors In Determining Their Service Fees RR 4-2014 Competition in real estate services is fierce. We have to compete not only with licensed ones, but also with the unlicensed ones who are being tolerated by government despite the passage of the RA 9646. We […more]

Migration from licensed to unlicensed

May 19, 2014 |

MIGRATION FROM LICENSED TO UNLICENSED For the best interest of survival, let’s focus on migrating everyone from licensed status to unlicensed kasi mas mag survive tayo pag unlicensed tayo kesa sa licensed, kasi hindi naman protected ng GPH ang proprietary rights natin sa profession eh. GPH is still protecting the colorum (in fact protected by […more]

April 2014 Tucson Real Estate Market Update

May 8, 2014 |

April 2014 Tucson Real Estate Market Update The Tucson real estate market has recovered from the great recession after math spanning from 2007 to 2013. This period known as the “Great Moderation” has come to an end. The Tucson Association of Realtors just release the April 2014 monthly real estate statistics. We have moved from a […more]

Affidavit of Real Estate Broker – Factors In Determining Their Service Fees RR 4-2014

May 4, 2014 |

Real Estate  Broker  covered by this regulations RR 4-2014 are advised to submit to the BIR an affidavit indicating the rates, manner of billings and the factors considered in determining the service fees. They are also advised to register an official appointment book with headings indicating the names of the client and the date/time of the […more]