Realty By JM

Salt and Light of Philippine Realty

Jesus Fulfills the Law

Matthew 5:17-20; Romans 8:1-4

The law of Moses was unable to save us because of the weakness of our sinful nature. So God did what the law could not do. He sent his own Son in a body like the bodies we sinners have. And in that body God declared an end to sin’s control over us by giving his Son as a sacrifice for our sins. – Romans 8:3

Jesus did fulfill the purpose of the Moses’ laws and did not abolish it like what the Pharisees are accusing Him of. I believe the purpose of the said law is to help us to be righteous for our Father. However, because of our weaknesses (sinful nature), the law alone cannot help us. And because our Father love us so much, He decided to help us further. He sent His son as a sacrifice for our sins.

What an awesome Father He is, don’t you think? But, have you accepted our Father’s sacrifice as your way to salvation? Are you a believer?

When I was younger I believe the world’s view mostly. I believe that I can save myself through good works. Much like what the monks do. For a time I became a monk. Believing that my good works or zen state will lead me to a happier life. I always believed: “the person who sinned should be the one to pay for it… and no can pay for your own sins…”

To cut the long story short, it didn’t work. Though the monks taught me to meditate, focus, let go (be unattached to this world) and be mindful, I really needed a Savior. This is the only way I can truly let go. I need to trust our Father that He has the best of intentions for me.

Ok this post has become way too long already. I think you get my point already. May I suggest you surrender to our Father now?

Glory to God.

Filed under: 30 Day Walk with Christ, Christianity, Reflections, Spirituality, , , , , , , , , , , , , ,

Should Real Estate Brokers start charging consultation fees?

According to the RESA LAW, Real Estate Brokers are professionals. But, are we treated as professionals?

Our Pediatrician gets 500 – 600 pesos every time we visit for check up. Lawyers in notary public offices get 200 pesos for their signature. These are the only professionals I can think of at the moment. But I’m sure most, if not all other, professionals get some kind of consultation fee every time they meet with a client.

Don’t you think it’s time for us to charge something every time we present a property? Or, each moment our time is asked? Wouldn’t charging consultation fees help us identify clients who’s serious or not? If we should charge consultation fees, how much do you think is reasonable?

Please share your thoughts below.

Filed under: Real Estate Broker, , , , , , , , , , ,

Does Your TCT or CCT Have This Lien?

Recently, I’ve been encountering Transfer Certificate Titles (TCT) and Condominium Certificate Titles (CCT) with this Lien: Section 4 of Rule 74 of the Rules of Court.  Do you want to learn more about this law?  (Click Here) In a nutshell, I believe it says that you can’t transfer your title to anyone unless the deceased is dead for two years.

I’m beginning to realize that this is a very common encumbrance.  People who inherited property do not mind, or is not aware of, this encumbrance until they sell their property.  It takes at least 2 weeks for this lien to be processed and canceled by the Registry of Deeds.  In addition to those weeks you spend waiting, are the hours you spend traveling and waiting in line for your number to be called.  So, kindly check your Titles.   If you read Sec.4 Rule 74 on it, prepare for it and have it canceled.

You need these:

  1. Owner’s Original copy of TCT or CCT.
  2. Verified Petition to cancel lien.  (Request this from your lawyer who will charge you a professional fee of 3K max.)
  3. A Photocopy of Presenter’s two valid I.D.s  (If you are hiring a real Estate Broker for this, a professional fee of 5K is fair.
  4. Registry of Deeds Application Form
  5. Patience

I have and know people who can work on this.  If your property is located in Metro Manila, Quezon City, we can assist you.  Or, if you have other concerns regarding your title, estate taxes, or transfer taxes, let’s talk.

Filed under: LAW, Sec.4 Rule 74, , , , , , , , , , , , , ,

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