Real Estate A piece of land, including the air above it and the ground below it, and any

buildings or structures on it. Real estate can include business and/or residential properties, and are generally sold either by a realtor or directly by the individual who owns the property (for sale by owner). Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing. piece of land and all physical property related to it, including houses, fences, landscaping, and all rights to the air above and earth below the property. Real Estate marketing Managing the sales side of the property business Real Estate Broker A person licensed to arrange the buying and selling of real estate for a fee. A real estate broker acts as an intermediary between the parties selling and buying the real estate. Real estate brokers can also be called real estate salespersons, and the people who assist them (who are generally not required to be licensed) are generally called real estate agents. Real Estate Agent A licensed salesperson working for a real estate broker. If the agent sells a house successfully, then he/she receives a portion of the sale price as a commission. Real estate owned or REO is a class of property owned by a lendertypically a bank, government agency, or government loan insurerafter an unsuccessful sale at a foreclosure auction. Property which is in the possession of a lender as a result of foreclosure or forfeiture. Whats in the Real Estate Philippines June 22, 2012 - Philippine Peso Declines as Moody's Downgrades Worsen Outlook - Review the Complete Article Below Good Philippine Real Estate Tax News BIR: Increased Threshold for VAT Exemption The BIR has released Revenue Regulations (RR) No. 16-2011 dated October 27, 2011 which increased the threshold amounts for VAT on the sale of residential lots and house and lots, the lease of residential units, and the threshold amount for the sale of goods and services subject to VAT. Effective January 1, 2012, the sale of a residential lot which is PHP1,919,500.00 and below (Current - PHP1,500,000 and below), and the sale of a residential house and lot which is PHP3,199,200.00 and below (Current - PHP2,500,000) are exempt from VAT. The lease of a residential units which is PHP12,800 and below (Current PHP10,000) shall also be

exempt from VAT effective January 1, 2012. If a person's gross annual receipts/sales on the sale or lease of goods or properties or performance of services other than those mentioned in Sec. 109 of the Tax Code does not exceed PHP1,919,500.00, (Current - PHP1,500,000) he shall be subject to 3% percentage tax instead of the 12% VAT. Philippine Central Bank Key Interest Rate at 4.0% April 12, 2012 - The Philippine Central Bank left its Key Interest Rate at 4%. For loans under the Peso Rediscount Facility, the BSP Peso Rediscount Rate is set at 4.0 percent p.a. for all maturities effective 5 March 2012, in line with the Monetary Board policy decision to reduce policy rates during its 1 March 2012 meeting. The Peso Rediscount Rate is based on the applicable BSP overnight reverse repurchase rate per Circular No. 679 dated 01 February 2010. June 22, 2012 - Philippine Peso Declines as Moody's Downgrades Worsen Outlook by Bloomberg The Philippine peso fell for a second day after Moody's Investors Service downgraded the credit ratings of 15 global banks, adding to concerns about a global economic slowdown. The currency declined this week for the first time in a month as the central bank reported the balance of payments surplus dropped 73 percent in the first five months of the year to $1.3 billion. Governor Amando Tetangco predicted it will end 2012 at $2.6 billion, compared with an earlier estimate of $2.8 billion. "The downgrade of the banks generally weakened investor sentiment," said Raul Tan, head of the balance-sheet segment of Rizal Commercial Banking Corp. (RCB)'s Treasury Group in Manila. The peso fell 0.1 percent to close at 42.45 per dollar in Manila, according to prices from Tullett Prebon Plc. It declined 0.5 percent this week. One-month implied volatility, which measures exchange-rate swings used to price options, was unchanged at 5.95 percent. The central bank will "respond, as appropriate, to ensure there is no excessive volatility in domestic markets" caused by developments in Europe and the U.S., Tetangco wrote in an e-mail yesterday. Authorities will ensure growth is sustained while inflation targets are met, he added. The Federal Reserve this week cut its 2012 expansion estimate to a range of 1.9 percent to 2.4 percent, compared with an April prediction of 2.4 percent to 2.9 percent. The U.S. is the Philippines' biggest source of repatriated funds and its second-largest export market. Net foreign direct investments to the Philippines this year will likely be $1.2 billion from a previous estimate of $2 billion, Deputy Governor Diwa Guinigundo said today in Manila. Net overseas investment in stocks and bonds may reach $4.5 billion instead of a prior prediction of $5.7 billion, Guinigundo said. Remittances Support Cash sent home by Filipinos living overseas increased 5.3 percent in April from a year earlier, compared with a 5 percent gain in March, the central bank reported on June 15. Exports rose 7.6 in April following a 1.2 percent drop the previous month, official data show. Overseas sales and remittances account for more than 30 percent of the $200 billion economy.

"We're still seeing steady flows in remittances as well as revenue from the outsourcing sector," Rizal Commercial Bank's Tan said. "Philippine assets are supported by strong growth and stable inflation." The yield on 5.75 percent government bonds due November 2021 rose 10 basis points today, or 0.10 percentage point, to 5.5 percent, according to Tradition Financial Services. The rate was unchanged for the week. Philippine 2012 Forecasted Economic Growth 4.7% The IMF or International Monetary Fund and ADB or Asian Developement Bank now expects the Philippine economy to grow by 4.9 percent 2012. According to the latest government report, the Philippine economy grew by 3.4 percent in the second quarter 2011. The report also said that the country's growth in the first quarter 2011 was 4.6 percent. Classification of Real Estate Properties 1. Residential Rroperty -It includes property that serves as housing or a dwelling, such as single-family homes, duplexes and other multi-family homes. These properties might be located in urban, rural or suburban areas. It is important to remember that while some real estate laws and practices might classify a property in a particular category, the same may not be true for the lender. Multi-family properties of 5 or more units are often considered commercial property in the eyes of the lender, making them ineligible for residential loans. -Property which is zoned for single-family homes, multi-family apartments, townhouses, condominiums, and/or co-ops. 2. Commercial Property - Many of us think of commercial property as a site where business or commerce takes place, such as shopping centers and malls, office buildings, parking facilities, hotels, motels or theaters. A buyer seeking commercial property has a different set of questions than the residential buyer. There will be concerns on zoning, parking and cap rates. It is in the best interest of a buyer to seek a real estate professional who specializes in this field, as opposed to a residential specialist. -Real estate zoned for business or industrial use. 3. Industrial Property -is sometimes confused with commercial property, after all, it has a commercial use. Yet, agriculture and special-use properties also have commercial uses, and they too are distinct categories. Industrial property would include factory and warehouses, power plants or land located in industrial districts. It is not uncommon for industrial property to be used in a manner we might classify as commercial. For example, a retail store might set up shop in a property that is considered industrial, providing local codes allow the use. 4. Agriculture Property -includes farms, ranches, orchards and timberlands. 5. Special-purpose. - Churches, cemeteries, schools and government held land are considered

Robinsons Land Corporation Robinsons Land Corporation (RLC), one of the Philippines' leading real estate companies, is involved in the development and operation of shopping malls and hotels, and is also one of the country's most reputable developers of mixed-use properties,office buildings, residential condominiums, as well as land and residential housing developments, including socialized housing projects located in key cities and other urban areas nationwide. RLC was incorporated on June 4, 1980 to serve as the real estate arm of JG Summit Holdings, Inc., one of the country's largest conglomerates with diverse interests in branded consumer foods, agro-industrial and commodity food products, textile, telecommunications, petrochemicals, air transportation and financial services. The Residential Buildings Division is the company's business unit that is responsible for residential, leisure and retirement projects which cater to the middle and upscale segment of the market. Working in synergy with other units of Robinsons Land Corporation, the division has created a number of successful mixed-use properties in key metro-locations. Robinsons Land Corporation owns and operates one of the largest and most successful chain of malls in the country. Each commercial center in the chain is created from a vision, developed into a concept, designed by expert architects and engineers, constructed by dependable firms, leased by a dynamic marketing team, and operated by service-oriented and customer-focused personnel. VISION: We will be a driving force, an industry, with each of our developments, successful and a preferred destination. We will grow, to be in everyone, where we can create value for our shareholders and make a positive difference to our customers, employees and business partners. MISSION: We are committed to develop vibrant, delightful, and lasting commercial spaces, that serves as a catalyst and landscape for new opportunities and a better life. We are a run by motivated, innovative and entrepreneurial spirited individuals. Dedicated to server the ever changing needs and aspirations of our market. Robinsons believes, that with every Filipino, lies a spark of brilliance, just waiting to illuminate the world. Immeasurable in potentials, we have the capacity to create ideas that are bigger than we are. We have the ability to weave and share dreams that give birth to new ones. At Robinsons, we achieve greatness by building good things together.

Garces Real Estate Vision : "To be the top real estate marketing company in the Philippines in the field of project selling and brokerage adapting technology on IT superhighway. The first in the country to use E-Commerce as a tool to offer the best services for Home Buyers and Property Investors using the principle of E-Business through a program called "Findind a House with a Mouse, Investment through Proper Actual Data Assessment". Thereby revolutionizing the real estate industry to be one of the formidable pioneers in this field". Mission : "To attain the highest standard in property selling through highest ethical and moral standard guided by the code of ethics in real estate professionalism. Assist buyers and property investors in their pursuit of a decent home and worthwhile property investment while ensuring good business relationship to them to realized envisioned endeavors. Maintaining a strong and solid business linkages to property sellers and property developers and further adapt quick changes to market needs while ensuring virtuous working environment for sales and administrative staff". Garces Realty is a company committed to excellence. Sales staff no less than the Realtor itself is a well-trained professional in his field during his stint as a real estate agent before he became a Realtor. The enhancement training continue as everybody in the group believes that education and learning will never stops. The team comprised the newest bread of entrepreneurs who are sharing the same values : High moral Principle and Work Ethics. We value clients satisfaction above all because we are guided by the code of ethics in real estate professionalism. Because......Real estate is a triggering factor of economic stability. It has considerable resale value. Real estate can often bring a higher return than many other forms of investments. It is considered a especially good investment during a period of inflation, when the value of property tends to rise specially residential properties. For that reason, we are here to help home buyers and investors, specially the first timers attain the most of their investments. We help eradicate the idea that was once struct in the the mind of every investors and home buyers. So the phrase that goes : When a person get sick, he may go to the doctor. When he has legal problems, call a lawyer. When looking for a property, he must call a real estate professional or a Realtor. Its amazing to know how people resort to call an Engineer, a relative or even a doctor to look for him a property. Our dear prospective buyers and prospective clients, we urge you to call on us.

Garces Realty is a free-lance real estate marketing company, accredited to sell almost all house & lot subdivision, lot only, condominiums, beach lots, beach share, sports club share, golf share, memorial parks, commercial and industrial developments all over metro Cebu and Cebu City area. We are a company based mainly here in beautiful island called Cebu - Philippines. Because of the current demands on real estate, inside our 7,100 islands Philippine archipelago and the international scene on real estate, Garces Realty expands locally, nationally and internationally. It maintains local partners in the country specifically in each of the key cities of the Philippines so that every client will be guided accordingly. Home buyers and property investors need not worry if they want to search home and property investments in a specific location anywhere in the country because Garces Realty has a tie-up with a credible Realtor or a Real Estate Marketing Company in that specific area. In the event there are 'none' in the area, we are putting a business affiliation direct to the home and property sellers. So investors and home buyers can talk directly to the sellers. We also maintain our foreign counterpart in the countries such as Singapore, Japan, Germany, UK, USA, Latin America, North America and Australia. We do not do 'over pricing' and 'price-jock' up or encourage one to do it. That will mean dishonesty and does not deserve a single trust from you our dear clients. The price qouted is guaranteed direct from the sellers and or from the developers. We get professional fee by searching the property you want for a fee and after the consummation of the sale, we get our professional fee. However, for paid advertising located in Property Section of Key Cities and Municipalities in the Philippines and or which property is located outside Cebu, Garces Realty will claim to have no legal responsibity or obligation or whatsoever posted therein. The advertisers, who can either be a real estate agents, brokers, realtors and or owners has the sole responsibility of the informations and details posted. Our activities are mainly focused on selling subdivision developments (house & Lot Package and Lot Only Package) condominium projects, beach lot and beach shares, proprietary shares, townhouses, sports club shares, memorial parks, commercial and industrial parks. We also maintain our Rental and Lease Department to maintain and serve rental and lease requirements from clients. However, for those who want to search home properties not under a specific subdivision developments which mostly we call brokerage, one can search all those properties in the featured property section. These properties are specifically located in Cebu. You can also do a search of property for sale in other specific cities and municipalities anywhere in the Philippines!! Yes from Apari to Jolo. The organizational structures of the company is consist of 1 International Property Consultant, 15 Property Investment Director, each director has 10 Regional Property Managers and at least 10 Sales Executive each for every region. One Brokerage Division and a Rental and Lease Department.