Reasons You Should Fall In Love With Somerset Alabang Manila.

My first visit to the Somerset Hotel was during the time that I needed a venue for one of my marketing activities. I remember when I entered the lobby area, the staff were very courteous and polite. That was the time that I said to myself that I would go back there.

Gotcha! I needed to book a staycation, and I immediately prioritized Somerset. I booked at www.booking.com. We took advantage of their hotel promo with a free buffet breakfast. We stayed there from June 24 until June 25.

At the Lobby Area

We had a great night at Somerset. Their rooms are very clean and feature contemporary interiors with modern amenities. You will find a laundry basket, a laundry bag, a bathrobe, a flat iron, and an ironing board. Their CR has their own bathtub and shower.

Deluxe Room

Toilet and Bath Accessories

Bathtub

By the way, Somerset was located in the vibrant Filinvest City in Alabang. It is very accessible from the airport. Makati is 16 kilometers from Manila, which is 21 kilometers away.

Somerset features an outdoor swimming pool.

Pool Area at Night

Before Dinner

Enjoying their Pool at 6:00 am

The tempting choices of food in the buffet breakfast were so enticing that I was unable to taste all of them, but of course I wasn't able to take pictures because I was so hungry after my 30 minutes of swimming and playing at the pool.

Buffet Area for Dessert

Breads

Other amenities are the following: a fitness center, a residents' lounge, and a cubby playroom for kids. They also offer a host of business support facilities such as function rooms, a boardroom, and serviced offices that are ideal for business travelers.

At the Lobby Area

Overall, we had a very enjoyable and relaxing weekend at Somerset Alabang Manila. Thank you, HB, for making our stay possible. It was a very memorable day for me. ☺☺☺ xoxo

For more details about Somerset, please visit their website at http://www.somerset.com/en/philippines/manila/somerset-alabang-manila or their Facebook account at www.facebook.com/SomersetAlabangManila/.

For more hotel reviews and travel experiences, follow us at http://aemiliamundi.blogspot.com/ or like our Facebook page at https://www.facebook.com/AemiliaMundi.

Share your thoughts and comments below.

DOCUMENTS REQUIRED FOR OFW HOUSING LOAN THROUGH BANK FINANCING

Image credit to Community watch PH (www.kwentongofw.com)

In my more than 10 years in the real estate industry, I have always encountered questions about what requirements they're going to submit, especially those buyers who are working abroad. That's why I listed below all the documents that are needed to comply with the housing loan.

1. STANDARD DOCUMENTS

a. 2x2 Pictures of Principal Buyer/s (PB), Spouse, Attorney In- Fact (AIF) (a person authorized by the principal buyer to transact on his/her behalf).

b. 2- Government Issued Valid IDs of Principal Buyer/s, Spouse, and Attorney In- Fact with 3 specimen signatures

c. Proof of Billing (last 3 months)

d. Birth Certificate and Certificate of No Marriage Record (CENOMAR) or Marriage Certificate 

g. Signed Bank Forms (will be provided by the Developer's Office or from the Bank where you will file the housing loan)

h. Copy of Passport with Entries

i. Seaman's Book (if Seaman)

j. BIR 1904 Form (You may download the form at https://www.bir.gov.ph)

2. MAJOR DOCUMENTS

a. Certificate of Employment with Compensation (COEC)

It must be original and consularized at the Philippine Embassy of the country where the Principal Buyer (PB) is working.

b. Latest Payslips (last 3 months)

c. Contract of Employment

d. Proof of Remittances (last 6 months)

e. Latest Bank Statement or Photocopy of Bank Book (last 6 months)

f. Special Power of Attorney (SPA Form) 

The SPA form will be provided by the Developer's Office. It must be signed by the PB, spouse, and their assigned AIF. The SPA form must be original and have it consularized/notarized.

What is a Consularized Special Power of Attorney in the Philippines?

A Consularized Special Power of Attorney is a document that gives authority to the tasked person to carry out the signing of documents (e.g., loans and contracts), receiving of bank loan proceeds, as well as the execution or the signing of the contract of sale and deed of absolute sale on behalf of the client, in this case, the OFW. Source: https://ofwmoney.org/consularized-spa/

Or have it notarized upon submission if the buyer is still here in the Philippines.

What makes a Consularized Special Power of Attorney different from a Notarized Power of Attorney?

A Notarized Special Power of Attorney is a SPA that is signed in the Philippines. It is typically signed by the OFW during his/her stay in the Philippines, but then the OFW won’t be able to carry out a transaction, such as the obtainment of a bank document, as he is due to go back abroad at an earlier date. Source: https://ofwmoney.org/consularized-spa/

For a housing loan, the income of the buyer must be sufficient for the amount of house they're purchasing. 

For more questions, clarifications, or suggestions, feel free to send through the comment section below.

For more real estate advice, please send a message to my personal FB account, EMILY NUGUID or send an e-mail to eonuguidrealty@gmail.com.

Thank you, and God bless you all!

DOCUMENTS REQUIRED FOR A LOCALLY EMPLOYED HOUSING LOAN THROUGH BANK FINANCING

Image credit to www.edukasyon.ph

Many locally employed Filipinos wanted to avail houses and lots through bank financing. What are the documents they need to submit? I made a list for them to know. I categorized it into two types:

1. Standard Documents

a. 2x2 Pictures

b. 2- Government Issued Valid IDs with 3- specimen signatures

c. Proof of Billing (last 3 months)

d. Birth Certificate and Certificate of No Marriage Record (CENOMAR) for Single or Marriage Certificate for Married

e. BIR 1904 Form (You may download the form at www.bir.gov.ph)

2. Major Documents

a. Certificate of Employment with Compensation (COEC)

b. Payslips (last 3 months)

c. Latest Income Tax Return (ITR) (last 2 years)

d. Bank Statement or Photocopy of Bank Book (last 6 months)

For a housing loan, the income of the buyer must be sufficient for the amount of house they're purchasing. 

For more questions, clarifications, or suggestions, feel free to send them through the comment section below.

For more real estate advice, please send a message to my FB account, EMILY NUGUID or send an e-mail to eonuguidrealty@gmail.com

Thank you, and God bless you all!

17 PHILIPPINE SCHOOL OFFERING THE REAL STATE MANAGEMENT DEGREE (BS REM)

If you're aiming to be a professional Real Estate Broker you need to get a Bachelor of Science in Real Estate Management, or BS REM. It is a 4- year course with the PRC Board Examination.

Image: www.formstack.com

Here are the list of schools that offers BS REM.

A. LUZON
1. Philippine Christian University (Manila)
Website: pcu.edu.ph
Address: 1648 Taft Pedro Gil, Manila

2. Trinity University of Asia (Quezon City)
Website: www.tua.edu.ph/
Address: Cathedral Heights, 275 E. Rodriguez Sr. Avenue, New Manila, Quezon City, Metro Manila

3. Manila Business College (Manila)
Website: www.mbc.edu.ph
Address: 1671 MBC Bldg., Sta. Cruz Alvarez St, Santa Cruz, Manila

4. New Era University (Quezon City)
Website: www.neu.edu.ph
Address: 9 Central Ave, New Era, Quezon City

5. St. Dominic College of Asia (Bacoor City)
Website: www.stdominiccollege.edu.ph
Address: Emilio Aguinaldo Hwy, Bacoor City, Cavite

6. Batangas Eastern Colleges (San Juan, Batangas)
Website: None
Address: 1 Javier St, San Juan, Batangas

7. Lyceum of Alabang (Muntinlupa City)
Website: www.lyceumalabang.edu.ph
Address: National Road, Tunasan, Muntinlupa City

8. National College of Science and Technology (Dasmariñas, Cavite)
Website: ncst.edu.ph
Address: Congressional Road, Dasmariñas City

9. Emilio Aguinaldo College (Dasmariñas, Cavite)
Website: www.eac.edu.ph
Address: Congressional East Avenue, Burol Main, City of Dasmariñas

10. Angeles University Foundation (Angeles City)
Website: www.auf.edu.ph
Address: Manuel Roxas St, Angeles City, Pampanga

B. VISAYAS
11. University of Cebu (Cebu City)
Website: uc.edu.ph
Address: 155A Sanciangko St, Cebu City

12. South Western University (Cebu City)
Website: www.swu.edu.ph
Address: Urgello Street, Cebu City

13. Central Philippine University (Iloilo City)
Website: www.cpu.edu.ph
Address: Half Moon Dr, Lopez, Iloilo City

14. College of St. John (Roxas City)
Website: www.collegeofstjohnroxas.com
Address: Roxas City-Panay Road, Roxas City, Capiz

C. MINDANAO
15. Saint Joseph Institute of Technology (Butuan City)
Website: www.sjit.edu.ph
Address: Butuan City Colleges, Montilla Blvd., Butuan City, Agusan Del Norte

16. Misamis University (Ozamiz City)
Website: www.mu.edu.ph
Address: H.T. Feliciano St, Ozamiz City, Misamis Occidental

17. University of Mindanao (Davao City)
Website: umindanao.edu.ph
Address: Bolton St, Talomo, Davao City, Davao del Sur

OTHER SCHOOLS:
Subject for Validation
Source: Check Reynaldo (https://www.facebook.com/chek.reynaldo), Jay Oliver Tuazon (www.facebook.com/Datalink26), Renan Casia Matthew Marte Patricio Gulle (www.facebook.com/dmcionlinehomes) and Nanz Creo Casia (https://www.facebook.com/renan.casia)

1. Adamson University
2. De La Salle- College of Saint Benilde
3. University of Mindanao, Davao City
4. Xavier University- Ateneo de Cagayan
5. Holy Cross of Davao College

6. STI College

7. Gardner College Diliman, Inc. (Formerly: Informatics College Quezon)

I heard some feedback from some brokers and sellers that most of the schools have fewer enrollees. Maybe it's just because only a few parents and students knew about the benefits of this course. It's about time that we, from the real estate industry, work together to disseminate information about this course.

Source: http://www.lamudi.com.ph/journal/17-philippine-schools-offering-real-estate-management-degree/

For more real estate updates, subscribe now or please follow or send me a message on my Facebook account, EMILY NUGUID. Thank you, and God bless you all!

Market Basket, Modern Dampa: Alabang's Best Event Venue for Birthdays, Gatherings, and Company Activities.

Being the person in-charge of organizing marketing events for sellers and brokers of my company is very challenging. I need to look for the best and proper venue with a reasonable price but with the best quality of food and services. I ended up in Market Basket, Modern Dampa at the River Park, Festival Supermall, Alabang, Muntinlupa City. Upon my ocular visit, their staff were very accommodating and courteous. They gave me their list of menus and showed me the place for my activity. By the way, I'm organizing the 1st Quarterly Awards for Sellers and Brokers. During our activity, the staff were very helpful, especially their manager, Mr. Rod. The venue was so perfect for dining.

2nd Floor

  

We booked for 47 people, and it's a buffet style meal.
We've chosen the following menu:

Appetizer: Chicken Liver Plate on Melba Toast Greens
Assorted Vegetables Salad in Balsamic Vinaigrette
Soup-Cream of Pumpkin Rice-Steamed

Main Course-Beef Salpicao and Lechon Macau
Dessert-Assorted Fresh Fruits and Mini-Chocolate Campfire Cake
Drinks-One Round Lemonade

Drinks- One Round Lemonade

Assorted Fresh Fruits and Mini- Chocolate Campfire Cake

Chicken Liver Plate on Melba Toast

Assorted Vegetables Salad in Balsamic Vinaigrette

Agents and Brokers while enjoying their food.

1st Quarter (TOP 3- AGENTS)

1st Quarter (TOP 3- BROKERS)

Congratulations to all the top producers for the 1st quarter! More sales are on the way, and we appreciate all of your efforts in selling our BHLHI and RDC homes. thanks to Bay Horizons Land and Homes Inc. for making this event possible. You may visit their official website at http://bayhorizons.com/ or their Facebook page at www.facebook.com/bayhorizonsofficial.

Overall, our activity was successful, and one of the main reasons is that Market Basket and Modern Dampa provided us with great food and services that we expected. You can visit them on their Facebook page at www.facebook.com/marketbasketalabang or contact Mr. Rod at (0917) 7125787.

For more venue and food reviews, follow us on Facebook at www.facebook.com/AemiliaMundi.
Do you have any experience dining at Market Basket, Modern Dampa? Share with us by leaving your stories below. ☺☺☺ xoxo