Hi everyone, after working in the Philippines for more than 2 years, now I am planning to get a condo unit here. I have found a perfect location for me in Mandaluyong and it's a resale unit, meaning it's from the owner not the real estate developer.
As a first-time condo purchaser in the Philippines, I have a few questions in mind.
I usually see brokers/owner advertise on their ads that their condo unit is 'clean' and the owner title could be transferred. So how would I really know if the condo title is 'clean' and not currently on mortgage at some local banks here?
If ever there's an indication on the certificate of title, how can I check it?
I would really appreciate any advise you guys can give and hopefully this would help those who's planning to get a condo unit here too.
Cheers