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In 2017, DMCI Homes became the Philippines' first real-estate firm to be recognized as a quadruple A contractor. The notice on DMCI Homes’ upgraded category was released last January 18 by Philippine Contractors Accreditation Board (PCAB), the implementing arm of the Construction Industry Authority of the Philippines (CIAP) under Department ...
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The foreclosure process begins when a financially distressed homeowner fails to make a loan payment and is served with a summons from his or her creditors. After service, papers will be filed with the county clerk's office and be made a matter of public record (in some areas the place where deeds and mortgages are registered may go by a different name, such as the office of the land registrar).
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Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
The Land Registration Authority (LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform-beneficiaries and the registering public in general ...
DoubleDragon Corporation, formerly Injap Land Corporation and DoubleDragon Properties Corporation, is a Philippine real estate development company based in Pasay City, Metro Manila, Philippines. It was founded in 2009 as a subsidiary of Injap Investments, Inc in Iloilo City . [ 1 ]
Megaworld Properties & Holdings Inc. was founded by Andrew Tan and incorporated under Philippine law on August 24, 1989, primarily aimed at engaging in real estate development, leasing, and marketing. In 1994, it spun off Empire East Land Holdings Inc., which focused on the middle income market. It was converted to a public company on July 15 ...
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