In any home a property owner decides to sell, a house and lot, a condo unit or an apartment, a beach house, or a home vacation villa, an estate agent is guided by a checklist to make every transaction safe, fast, and stress-free.
Need help with what to do with your home for sale in Cebu, Philippines? Hire me, a Cebu-based real estate agent who can help you sell your home.
What does an Estate Agent Do?
Estate agents are one who will help the property owners to market their property and guide them on the documents that will be needed in the selling process. But before that, they check first the status of the property before offering it for a smooth and hassle-free transaction for both parties (seller and buyer).
My name is Micah Zuño, a PRC Accredited Real Estate Agent under the supervision of Real Estate Broker Ma. Corazon de la Fuente of MC dela Fuente Realty in Cebu City. I have prepared a home selling checklist of the requirements every time a property owner calls us to sell their property. And if they have lacking requirements, we usually assist them in securing the document as part of my service and conduct of due diligence.
Here's my Home Selling Checklist:
- CHECK from the owner. Is the property titled? A follow-up question: Is the original copy of the Owner’s Duplicate of the land title in their possession? If YES, very good; if not, because it’s lost or damaged, a petition is filed in court to re-issue the new owner’s duplicate of the land title. This is a long and tedious process and a bit costly.
- SECURE the Latest Certified true copy of the title to check for any annotations of unpaid debt or pending court litigation for any claimant.
- ASK the owner if they have paid the Real Property Tax for the building and land until the present year. If YES, I will proceed to secure a tax clearance.
- PROCESS the Tax Clearance for building and land.
- PREPARE a vicinity map or a lot plan. If the seller doesn’t have one, the Estate Agent will assist.
- VERIFY with the property owner whether the property was mortgaged and if it was redeemed. If YES, provide a copy of the full-payment receipt of the mortgage to be entered into the Registry of Deeds (RD) for annotation of the release mortgage.
- CONFIRM that the Property Owners are available to sign the deed of sale during the final transaction.
- a. If not because they reside in a foreign country, secure a Special Power of Attorney (SPA) notarized and authenticated by your state’s embassy in your residence;
- b. Death, prepare and process an extrajudicial settlement of estate among heirs.
Benefits of Having All the Requirements
Through this checklist, owners can assess their property documents. Plus, this can give you a good image from the point of view of the buyer that you are serious of selling and the property is ready for a new owner.
Do you find this home-selling checklist a big help in deciding to sell any of your homes through an estate agent in Cebu? If you find the requirement overwhelming on your part, don’t worry; we can do it for you. As your Estate Agent/Realtor/Broker, having all the requirements will help us expedite the selling of your home.
MC dela Fuente Realty, a Real Estate Firm in Cebu since 1997. We are solely committed to providing nothing but “excellent experience” to you (buyers and sellers) of Residential, Commercial, Agricultural, and Industrial properties in Cebu City and Central Visayas, Philippines. All properties offered on our website www.cebubai.com are well-selected among the many others being sold in order to protect the value of our clients’ money.
Other Real Estate Services we offer in Cebu
- Land Title Transfer
- Estate Tax: Extrajudicial Settlement among Heirs
- Real Estate Property Appraisal
- Yearly Real Property Tax Payment
- Reissuance of Lost Owner’s Duplicate Copy of the Title
- Registration and Cancellation of Mortgage Annotation
- Land Title Due Diligence (Verification of Title, Tracing back of Ownership; Technical Description of the Title)
- Property Land Survey
- Project Selling (House & Lot, Vacant Land, Condominiums, Townhouses, and Memorial Lots)
Micah Mariel Zuño
PRC Accredited Salesperson
Accreditation No. 20250
DHSUD No. R7-03124-7838
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