There are times when you think that you are disabling what is not your field or expertise. This venture will prove something to yourself. Selling real estate is important, but with appropriate documentation, legality, sincerity, agreement of both parties seller and seller, the transaction will be completed at the appropriate time.
In my own venture it took me about 10 months to sell my house. And much of the transfer of property from parents has extended to the heirs of pretty titles. You can ask for help from brokers, lawyers, or real estate companies to help with the processing of papers. If each office takes 2, 3, or 1 month, approval or approval will be canceled.
In the process of documentation, a copy of the application form, receipt, affidavit, bill stub, and other certificates is required. If you put a label in a safe folder and put it in a bag, you can use it whenever you need a copy at the office. If the file is lost, you can obtain an authentic copy from the official official authority.
Here are three steps of lawyer Gregorio Arakan Jr. (San Beda College of Law) who helped with my paper.
"1 If the property of the dependent is in the Internal Revenue Department, settle the real estate tax.
2 Secure a new title under the obligation or the heir of the registration agency's register.
Before securing a new title under the heir of the certificate's register you must pay the transfer tax at the city office.
3 After all these steps, the property is ready for sale right now! "
After the lawyer advises, you can see how the article sold the property here. In order to save the broker's fee, I sold a lot at home.
Initially, you need to pay real estate tax every year before step 1, but if taxes occur and interest is troublesome, the owner can charge a tax pardon and pay in installments. Please keep the property tax receipt.
In Step 1, when the real estate tax is paid, the Internal Revenue Service will issue a certificate that allows registration. From here, you can proceed to Step 2.
Other documents you may need are the affidavit of the Consulate General of the country where the other heirs live, the super statutory settlement of property, the tax account number, the government Identification card, valid identification, overseas. For example, the Consulate-General of the Philippines in San Francisco, California, USA, is in compliance with extra-legal regulations. We also have to prepare parental death certificates, sometimes even the birth certificate of the heirs of the National Bureau of Statistics. Let's save the notary's fee and transportation expenses.
The last step is a proof of sale. The seller should now pay a capital gains tax. Payment of real estate can be done by cash or check. However, if payment is confirmed, confirmation from the bank is necessary. A lawyer is needed during this transaction. Also, bank assistance is required for safety. If money has to be material price, seek policeman's help. Really, good worker's help!
Do not forget that good sales happen with honest trading! My mission has been completed! Thank God!
EmoticonEmoticon