FRONT
Front porch light/outdoor post light - Your front porch and outdoor post lights are often your most used lights, so they provide the perfect opportunity to be energy efficient. Consider putting compact fluorescent light bulbs (CFLs) in your existing light fixtures. Installing new energy star qualified outdoor fixtures with advanced CFL technology like motion sensors and photocells can also save energy.
Energy efficient windows - Air leaks and radiant heat transfer through and around your windows can cause drafts, heat loss or gain, and higher energy bills. Thermal or double-pane windows help keep your energy bills low during weather’s extremes by providing more insulation between harsh outside weather elements and your comfortable indoor environment.
Door/window weather stripping - Air leaks through and around your home’s doors and windows can cause you discomfort and result in high energy bills. Proper weather stripping around windows and outside doors will protect your home’s thermal boundary, also called its “envelope” or “shell,” keeping you more comfortable and helping save energy year-round.
Thermal boundary - Your home's thermal boundary, also called its 'envelope' or 'shell', consists of its outer walls, ceiling, windows, doors and floors. Sealing your home's envelope reduces drafts and helps prevent moisture problems. It can save you up to 10% on your energy bill and keep you more comfortable during the hottest and coldest months of the year.
Heat pump - Heating and cooling costs make up more than 50% of your home’s total energy bill. A dependable, low maintenance heat pump is the most efficient way to keep your home comfortable year-round, and it can help you save hundreds of dollars on your yearly power bill.
LIVING ROOM
Heating and air conditioning system - More than 50% of your home’s total energy usage goes to heating and cooling. If your furnace is more than 15 years old, or your air conditioning unit is more than 12 years old, consider replacing it with a more energy efficient and properly-sized system.
Table lamp - Save energy and money by changing a standard light bulb in your home to an energy star qualified compact fluorescent bulb. Replacing a 100-watt incandescent bulb with a 32-watt CFL can save you up to $30 in energy costs over the life of the bulb.
Power strip - Even when turned off, most electronic and computer equipment use a small amount of electricity. Using a power strip as a central “turning off” point for electronics, video games and computers allows you to completely disconnect the power supply from the power source. This can save you energy and extend the life of your equipment.
Dimmer switch - Certain energy star qualified CFLs are made to work with dimmer switches. Your local hardware store may not stock a wide variety of dimmable CFLs, so if you are looking for a specific wattage or bulb type, you may want to try to purchase it online.
Programmable thermostat - Install a programmable thermostat to automatically adjust your home’s temperature settings when you’re away or sleeping, and save up to $150 a year. To save energy with a manual thermostat, set it at 78°F in the summer and 68°F in the winter, then leave it alone. Constantly adjusting the temperature causes your system to work harder.
Fireplace damper - By design, a chimney removes unwanted by-products from a fire by creating a draft. But this draft can also pull heated or air-conditioned air from your home. Always close the flue damper tightly when the fireplace is not in use to keep conditioned air in your living space where it belongs.
Home theatre system - Home electronics play an increasingly larger role in your home's energy usage and can account for up to 15% of your total electricity use. Electronic equipment that has earned the energy star can help save energy even when turned off, while maintaining features like clock displays, channel settings, and remote-control functions.
KITCHEN
Microwave oven - You can reduce cooking energy by as much as 80% when using your microwave wisely. Using your microwave or toaster oven to reheat or cook small portions can help you save on summer air conditioning costs, since less heat is generated compared to your stove or oven.
Kitchen sink - Hot water leaking from a faucet at the rate of one drip per second can waste up to 1,661 gallons of water over the course of a year. This can cost you up to $35 on your power bill. Fixing kitchen faucet drips is a cost-effective and easy way to save energy and money.
Dishwasher - If you replace your dishwasher, choose an energy star qualified model and you will save over $25 a year in energy costs. Most dishwashers today can thoroughly clean dishes that have had food scraped, rather than rinsed off, so you can save water by scraping dishes instead of rinsing them before loading the dishwasher.
Stove top range - Using the correct-sized pot on electric range stove burners can save about $36 annually. A 6-inch pot on an 8-inch burner wastes more than 40% of the burner's heat. Covering your pots and pans can also help you cook more efficiently. Your kitchen will stay cooler and more heat will stay in the pots.
Refrigerator - Replacing your older refrigerator with an energy star qualified model can save you $45 to $65 per year. If your current refrigerator was made before 1993, it uses twice as much energy as today's energy star qualified models. Using your old refrigerator for overflow storage can cost $90 or more per year to operate.
Recessed can light cfl’s - Replace all your home's recessed can lights with ENERGY STAR qualified lighting products to save energy and money. Certain energy star qualified CFLs are made to work with dimmer switches, but be sure to check the packaging for proper applications and to see if there are any restrictions on the CFL's use.
Light fixtures - Installing energy star qualified light fixtures in your kitchen or replacing standard light bulbs with compact fluorescent light bulbs (CFLs) can save you energy and money. Energy star qualified lighting fixtures are available in popular styles that may be just right for your kitchen, such as cabinet-mounted, ceiling-mounted, and recessed can models.
Range hood - energy star qualified range hoods (lighting models) use 65% less energy on average than standard range hoods. This can save you $120 in electricity costs over the life of the fan. Installing an energy star qualified kitchen range hood also helps you control moisture and remove cooking odors, and they are much quieter than standard models.
BEDROOM
Windows - Caulk and weather strip around window frames, and remember to switch screens for storm windows during the winter. If you are replacing windows, energy star qualified models designed for your area can save you $20–$95 each year in energy costs. They can also help improve your comfort, cut drafts, and reduce fading of interior furnishings.
Drapes/shades - Window shades help keep your home cool in summer and warm in winter, which helps you save energy. Close all window shades and drapes in warm weather to keep out the heat, and keep drapes open during daylight hours in the winter to take advantage of the sun's warmth.
Bedside lamp - Replacing your five most frequently used light fixtures, or the bulbs in them, with energy star qualified lights can save you more than $35 a year in energy costs. Compact fluorescent light bulbs (CFLs) provide high-quality light output, and they use 75% less energy and last up to 10 times longer than standard incandescent light bulbs.
Light switch - Turning off just one 60-watt incandescent bulb before you leave the house for the day can save about $15 per year in energy costs. Always turn off the lights when leaving a room. It's the easiest way to save energy and money.
Air vents - To maintain even temperatures throughout your home, keep air vents and registers clear of obstructions and do not close supply registers in unused areas of the home. This will allow air to flow freely throughout the room and house.
Ceiling fan with lighting - Ceiling fans provide comfort and help save money on your energy bill. Increase your thermostat's setting by two degrees and use your ceiling fan to lower energy costs by up to 14% over the course of the air conditioning season. Also, use low wattage CFLs in the ceiling fan light fixture for cooler light bulbs and more energy savings.
BACK OF THE HOUSE
Sliding door - Sliding doors are an easy place to save energy and money. Apply caulking around door frames and weather stripping around doors that do not close tightly. This can save on energy costs while improving your comfort and cutting drafts. If you replace your sliding doors, select energy star qualified doors instead of regular clear-glass double-paned doors.
Room air conditioner - Any room can be comfortable and energy efficient with an energy star qualified room air conditioner. They use at least 10% less energy than standard models. The unit should fit tightly in the window, keeping cooler air inside and hotter air outdoors. Larger window units should have a separate electrical circuit so the electric system isn’t overloaded.
Sealing plumbing - Your attic's plumbing stacks, vents and ductwork, and electrical wires often have gaps around them, allowing the conditioned air in your home to escape into the attic. This can cause air drafts and increase your energy bill. Use caulk and spray foam sealant to cover gaps, cracks and holes.
From : Mother Nature Network
My Other Files
3.10.10
28 Ways To Save On Food
There are lots of ways to save on food. Some will be appetizing to you, some won’t. But there are few things in life tastier than paying off debt and achieving your monetary objectives. Stacy Johnson from MoneyTalksNews.com shares his tips for saving dough at the supermarket.
1. Cook from scratch: Making meals from scratch is probably the single best way to save on food. Because the more prepared the food, the more it costs. Ironically, less expensive home-made is also normally better for you as well.
2. Generics: Sometimes generics aren’t as good as name brands. In those situations one might choose name brands. But for things like flour, sugar, salt, bleach or virtually dozens of other items you find in the grocery store, the only discernible difference is price. Paying more for an identical product is more than extravagant; it’s stupid.
Plus: 15 Foods You Should Never Buy Again
3. Lists: Writing down what you came for and ignore everything that's not on your list. This will save you money. It will also save time and fuel expense by preventing repeat trips to the store for things you forgot.
4. Stoop and bend: Smart merchants place the most profitable items at eye level and on end-caps. Stoop, bend and look around for the best values.
5. Coupons: For decades, coupons have been a shoppers best friend. These days online coupons have made them easier to find and use. If you haven’t used a coupon search engine yet, do so. It’s a new routine. Internet first, then store.
6. Warehouse stores: The savings you can find at warehouse stores are well-documented. Here’s a story we did on the five best deals.
7. Salvage grocery stores: these are harder to find, but if you happen to live near one, the savings are huge: up to 50%. Here’s a story we did on salvage stores and here’s a list of them by state.
8. Don’t shop hungry: It makes you buy more.
Plus: 13 Things Your Grocer Won't Tell You
9. Shop alone: Kids, and spouses who act like kids, will often whine, cajole, or otherwise try to influence you into impulse buys. Leave ‘em at home.
10. Always overcook: then freeze. That saves the time you need to be able to cook from scratch.
11. Substitute cheaper ingredients: for more expensive ones.
12. Weigh pre-weighed produce: Use the handy scales in the produce department to weigh pre-weighed bags. For example, if you’re buying a 10-pound bag of potatoes, weigh them. Some will be 9 and a half pounds, but some might be 10 and a half for the same price.
13. Repackage: Put small quantities of leftover sour cream or other perishables in smaller containers; they’ll last longer. Cookies, crackers, and the like will also last longer if stored in glass jars.
Plus: The Beginner's Guide to Being Cheap
14. Grate savings: You pay more to have someone else grate your cheese for you. You’ll also save by cutting up whole chickens, slicing your own pickles, slicing meat for cold cuts, and using a blender or rolling pin to make your own bread crumbs.
15. Save on starch: Fancy boil-in-bag or flavored rices routinely cost 10 times the amount of the old-fashioned kind. All it takes to make rice is the ability to boil water! Bags of smaller potatoes are often half the cost per pound of big baking potatoes. Bake two little ones instead of one big one. Your stomach won’t notice.
16. Save on protein: The simple proteins found in beans are better for you and obviously much cheaper than the complex ones in meat, fish and poultry. In other words, eat less meat!
17. Milk your budget: Milk about to expire? Freeze it. You can thaw it out and use it later. Same with things that might be rotting in your vegetable drawer: onions, parsley, tomatoes, garlic. Not only will freezing keep it from rotting, it will keep it from stinking.
Plus: 13 Ways to Get a Healthy Dinner on the Table Quickly
18. Butter up the cheese: Lightly buttering the edge of semi-hard cheese makes it less likely to form mold or dry out.
19. Extend yourself: Adding cottage cheese to hamburger will enhance the flavor, add protein, and allow you to increase servings from four to six per pound.
20. New life for old bread: Leftover bread and rolls can be toasted in a toaster oven and chopped up into croutons.
21. Alter your recipes: Nobody will sue you if you alter your recipes a little. You can substitute cheaper veggies (sliced carrots) for more expensive ones (zucchini). You can also probably reduce the cheese or sugar in your baking slightly, without noticeably altering the taste. Keep in mind that recipes will often “round up” ingredients to make them easier to measure. When you read a recipe, look for ingredients that might just be included to enhance the color instead of taste, and try eliminating them. There are ways of stretching just about everything. Make your cookies and muffins a bit smaller and make more of them. Add a little more water to your concentrated juice. Add extra potatoes, beans, etc. to stretch casseroles and soups.
Plus: How To Read a Food Label
22. Make your own salad dressing: Mix 1/2 cup of vinegar, 1 1/2 teaspoons of salt, 1/4 teaspoon of pepper, 1/2 teaspoon of dry mustard, 1 minced garlic clove and 1 cup of salad oil. Voila! Delicious salad dressing at a fraction of the cost.
23. Grow your own! Next time you buy fresh garlic, save the four inner cloves. Plant them about 1/2 inch deep. In less than six months, you’ll be in garlic city! There are many other herbs and vegetables that you can grow yourself, so check ‘em out.
24. Don’t buy water. Ever. The fact that people pay for water is further proof that enough advertising can make people do just about anything. If you really have concerns about water quality, buy a cheap water filter and fill your own bottles.
25. Be a migrant worker: If you live near an area that grows fruit, vegetables or produce, go to a pick-it-yourself farm for bargain prices, fresh air, and a reminder of why you work in town.
Plus: 13 Ways to Get a Healthy Dinner on the Table Quickly
26. Creative leftovers: Nearly every meal ends up with a few odds and ends that aren’t eaten. Keep two lidded plastic containers in your freezer. After every meal, put veggie bits in one and meat bits in another. You can then periodically sprinkle the bits of meat on your pizzas, or combine the two and make a great soup!
27. Keep lettuce longer: Wash your lettuce thoroughly, then go outside and swing it around in a pillowcase to get rid of the excess water (and to amuse your neighbors). When you’re done, put it in an airtight container and it will last at least two weeks in your refrigerator. Someone suggested this = You can wash the lettuce leaves, lay them on a clean white muslin towel or pillow case, then roll the whole thing up like a jelly roll. The material will be wet but the lettuce will keep up to 2 weeks. Truly--I tried it. I keep a large container in the freezer and when I have left over cooked veggies I throw them in the container on top of whatever other veggies have come before. When the container is full--I make soup!
28. Remember, you are what you eat. Which would you rather be: an apple or a candy bar? One of the best things about saving on food is that what’s cheaper is often the same as what’s better for you. Apples cost less than candy, are more filling, and are much better for you. Water is not only healthier than soda, it’s nearly free (from the tap). Legumes are a cheaper source of protein than meat, and better for you as well.
You can save money by drinking water. Avoid soda and juice. They are both loaded with sugar. It's OK to buy flavored water mix such as Crystal Light - cheaper and almost no calories and no sugar.
1. Cook from scratch: Making meals from scratch is probably the single best way to save on food. Because the more prepared the food, the more it costs. Ironically, less expensive home-made is also normally better for you as well.
2. Generics: Sometimes generics aren’t as good as name brands. In those situations one might choose name brands. But for things like flour, sugar, salt, bleach or virtually dozens of other items you find in the grocery store, the only discernible difference is price. Paying more for an identical product is more than extravagant; it’s stupid.
Plus: 15 Foods You Should Never Buy Again
3. Lists: Writing down what you came for and ignore everything that's not on your list. This will save you money. It will also save time and fuel expense by preventing repeat trips to the store for things you forgot.
4. Stoop and bend: Smart merchants place the most profitable items at eye level and on end-caps. Stoop, bend and look around for the best values.
5. Coupons: For decades, coupons have been a shoppers best friend. These days online coupons have made them easier to find and use. If you haven’t used a coupon search engine yet, do so. It’s a new routine. Internet first, then store.
6. Warehouse stores: The savings you can find at warehouse stores are well-documented. Here’s a story we did on the five best deals.
7. Salvage grocery stores: these are harder to find, but if you happen to live near one, the savings are huge: up to 50%. Here’s a story we did on salvage stores and here’s a list of them by state.
8. Don’t shop hungry: It makes you buy more.
Plus: 13 Things Your Grocer Won't Tell You
9. Shop alone: Kids, and spouses who act like kids, will often whine, cajole, or otherwise try to influence you into impulse buys. Leave ‘em at home.
10. Always overcook: then freeze. That saves the time you need to be able to cook from scratch.
11. Substitute cheaper ingredients: for more expensive ones.
12. Weigh pre-weighed produce: Use the handy scales in the produce department to weigh pre-weighed bags. For example, if you’re buying a 10-pound bag of potatoes, weigh them. Some will be 9 and a half pounds, but some might be 10 and a half for the same price.
13. Repackage: Put small quantities of leftover sour cream or other perishables in smaller containers; they’ll last longer. Cookies, crackers, and the like will also last longer if stored in glass jars.
Plus: The Beginner's Guide to Being Cheap
14. Grate savings: You pay more to have someone else grate your cheese for you. You’ll also save by cutting up whole chickens, slicing your own pickles, slicing meat for cold cuts, and using a blender or rolling pin to make your own bread crumbs.
15. Save on starch: Fancy boil-in-bag or flavored rices routinely cost 10 times the amount of the old-fashioned kind. All it takes to make rice is the ability to boil water! Bags of smaller potatoes are often half the cost per pound of big baking potatoes. Bake two little ones instead of one big one. Your stomach won’t notice.
16. Save on protein: The simple proteins found in beans are better for you and obviously much cheaper than the complex ones in meat, fish and poultry. In other words, eat less meat!
17. Milk your budget: Milk about to expire? Freeze it. You can thaw it out and use it later. Same with things that might be rotting in your vegetable drawer: onions, parsley, tomatoes, garlic. Not only will freezing keep it from rotting, it will keep it from stinking.
Plus: 13 Ways to Get a Healthy Dinner on the Table Quickly
18. Butter up the cheese: Lightly buttering the edge of semi-hard cheese makes it less likely to form mold or dry out.
19. Extend yourself: Adding cottage cheese to hamburger will enhance the flavor, add protein, and allow you to increase servings from four to six per pound.
20. New life for old bread: Leftover bread and rolls can be toasted in a toaster oven and chopped up into croutons.
21. Alter your recipes: Nobody will sue you if you alter your recipes a little. You can substitute cheaper veggies (sliced carrots) for more expensive ones (zucchini). You can also probably reduce the cheese or sugar in your baking slightly, without noticeably altering the taste. Keep in mind that recipes will often “round up” ingredients to make them easier to measure. When you read a recipe, look for ingredients that might just be included to enhance the color instead of taste, and try eliminating them. There are ways of stretching just about everything. Make your cookies and muffins a bit smaller and make more of them. Add a little more water to your concentrated juice. Add extra potatoes, beans, etc. to stretch casseroles and soups.
Plus: How To Read a Food Label
22. Make your own salad dressing: Mix 1/2 cup of vinegar, 1 1/2 teaspoons of salt, 1/4 teaspoon of pepper, 1/2 teaspoon of dry mustard, 1 minced garlic clove and 1 cup of salad oil. Voila! Delicious salad dressing at a fraction of the cost.
23. Grow your own! Next time you buy fresh garlic, save the four inner cloves. Plant them about 1/2 inch deep. In less than six months, you’ll be in garlic city! There are many other herbs and vegetables that you can grow yourself, so check ‘em out.
24. Don’t buy water. Ever. The fact that people pay for water is further proof that enough advertising can make people do just about anything. If you really have concerns about water quality, buy a cheap water filter and fill your own bottles.
25. Be a migrant worker: If you live near an area that grows fruit, vegetables or produce, go to a pick-it-yourself farm for bargain prices, fresh air, and a reminder of why you work in town.
Plus: 13 Ways to Get a Healthy Dinner on the Table Quickly
26. Creative leftovers: Nearly every meal ends up with a few odds and ends that aren’t eaten. Keep two lidded plastic containers in your freezer. After every meal, put veggie bits in one and meat bits in another. You can then periodically sprinkle the bits of meat on your pizzas, or combine the two and make a great soup!
27. Keep lettuce longer: Wash your lettuce thoroughly, then go outside and swing it around in a pillowcase to get rid of the excess water (and to amuse your neighbors). When you’re done, put it in an airtight container and it will last at least two weeks in your refrigerator. Someone suggested this = You can wash the lettuce leaves, lay them on a clean white muslin towel or pillow case, then roll the whole thing up like a jelly roll. The material will be wet but the lettuce will keep up to 2 weeks. Truly--I tried it. I keep a large container in the freezer and when I have left over cooked veggies I throw them in the container on top of whatever other veggies have come before. When the container is full--I make soup!
28. Remember, you are what you eat. Which would you rather be: an apple or a candy bar? One of the best things about saving on food is that what’s cheaper is often the same as what’s better for you. Apples cost less than candy, are more filling, and are much better for you. Water is not only healthier than soda, it’s nearly free (from the tap). Legumes are a cheaper source of protein than meat, and better for you as well.
You can save money by drinking water. Avoid soda and juice. They are both loaded with sugar. It's OK to buy flavored water mix such as Crystal Light - cheaper and almost no calories and no sugar.
30.8.10
One Case Scenario between Realty Tax (Amilyar) and Cert of Registration
Here is a newbie, named Lisa, who has her story to tell. She bought a property, house and lot (second owner) directly from the seller (the previous owner of said property) and she hired a broker to do the whole process of registration and transfer of title. And the final output/deliverables of the broker is she was given the original copy of owner's duplicate copy of title (which is under her name now) and the original copy of tax declaration. Are these all the documents needed from the broker?
Pag nagbayad na ako ng amilyar next tax season, anong mga documents ang kailangan kong i-present para magbayad ng real estate tax dun sa na-acquire kong house & lot na for the first time under na sa pangalan ko? Kailangan ko pa bang i-present yung mga documents na na-produce ng broker ko (original copy of owner's duplicate copy of title at original copy of tax declaration) at yung mga previous tax receipts ng dating may ari?
Shela: you only need to present a photocopy of the official receipt of the realty tax paid from the previous year. You can also bring a photocopy of your tax declaration. Sometimes just the tax declaration number will do.
Sally interfered: How about BIR clearance? Normally, there is a capital gains tax (to be paid by seller) para ma transfer sa name ng buyer ang titulo. Mas maganda may copy ka nito kasi baka magkaproblema ka later on sa BIR.
Lisa: Salamat din Sally sa response. Pero di ba, the fact na may title na ang buyer sa pangalan nya at may bagong tax declaration, wala nang issue ang tax clearance? Di ba yung BIR/tax clearance naman ang isa sa mga dokumento na kailangan para ma-continue ang registration process at transfer ng title sa pangalan ng buyer? The fact na tapos na yung buong proseso, kakailanganin pa ba yun?
Sally replied: May kaibigan kasi ako ganyan naging problema kasi the transaction was done this way - sa RD (Register of Deeds) bago ilipat ang title, required ang BIR clearance. Meron naman kaso fake pala. That time di alam na fake kaya nalipat ang title sa new buyer.
Suddenly the new buyer decided to sell again the property. This time, nang kukuha siya ng BIR clearance, hinabol siya ng BIR sa unang transaction (kasi nga fake yung una kaya walang record sa BIR ng payment). So, ngayon malaking problema na kasi hindi niya mabenta nang maayos ang property sa bagong buyer hanggat hindi naayos ang taxes. maraming milagro dito sa atin. Ang kawawa lagi yung owner (old or new).
Lisa: Ibig sabihin, kahit nagbabayad na ng amilyar ang new owner ng isang property, hindi pa rin natre-trace ng BIR o ng assesor sa munisipyo na fake o may problema ang tax clearance nung i-transfer ang title sa new owner para naman pwede nilang masingil agad at nang hindi na umabot pa kung kailan ibebenta ulit ng new owner ang property? Wala bang nangyayaring checking ng tax records taun-taon? Paano kung hindi naman ibenta yung property. Ibig sabihin, pwede makalusot ang fake tax clearance lalo pa't yung title ay nasa pangalan na ng bagong owner?
Shela: This two women misunderstood each other.
While Lisa was referring to the real property tax certification sometime refers to tax payment clearance certificate. This is the certification you get from the municipal or city treasurer’s office to serve as a proof for tax payment up to the date of which it was issued. You only need this when buying or selling a property & it's not a prerequisite when paying for the real property tax (amilyar)
On the other hand, Sally was referring to the CAR, Certification Authorizing Registration or BIR form 1952 if I am not mistaken. This Certificate will be issued by the BIR when payment for the capital gains tax and document stamp are paid. This is done when a sale has been completed. It's a requirement when transferring TCT of a property.
He is right however that a CAR issued by BIR can be a fake especially those processed by fixers. To prevent future headaches & unnecessary expenses you can have your CAR verified from the issuing BIR office.
A fake or undervalued CAR can incur charges and penalties which will be compounded monthly from the date for which it was suppose to be paid.
My best advice is ensure that every document you received be verified/authenticated by the issuing office/agency.
Pag nagbayad na ako ng amilyar next tax season, anong mga documents ang kailangan kong i-present para magbayad ng real estate tax dun sa na-acquire kong house & lot na for the first time under na sa pangalan ko? Kailangan ko pa bang i-present yung mga documents na na-produce ng broker ko (original copy of owner's duplicate copy of title at original copy of tax declaration) at yung mga previous tax receipts ng dating may ari?
Shela: you only need to present a photocopy of the official receipt of the realty tax paid from the previous year. You can also bring a photocopy of your tax declaration. Sometimes just the tax declaration number will do.
Sally interfered: How about BIR clearance? Normally, there is a capital gains tax (to be paid by seller) para ma transfer sa name ng buyer ang titulo. Mas maganda may copy ka nito kasi baka magkaproblema ka later on sa BIR.
Lisa: Salamat din Sally sa response. Pero di ba, the fact na may title na ang buyer sa pangalan nya at may bagong tax declaration, wala nang issue ang tax clearance? Di ba yung BIR/tax clearance naman ang isa sa mga dokumento na kailangan para ma-continue ang registration process at transfer ng title sa pangalan ng buyer? The fact na tapos na yung buong proseso, kakailanganin pa ba yun?
Sally replied: May kaibigan kasi ako ganyan naging problema kasi the transaction was done this way - sa RD (Register of Deeds) bago ilipat ang title, required ang BIR clearance. Meron naman kaso fake pala. That time di alam na fake kaya nalipat ang title sa new buyer.
Suddenly the new buyer decided to sell again the property. This time, nang kukuha siya ng BIR clearance, hinabol siya ng BIR sa unang transaction (kasi nga fake yung una kaya walang record sa BIR ng payment). So, ngayon malaking problema na kasi hindi niya mabenta nang maayos ang property sa bagong buyer hanggat hindi naayos ang taxes. maraming milagro dito sa atin. Ang kawawa lagi yung owner (old or new).
Lisa: Ibig sabihin, kahit nagbabayad na ng amilyar ang new owner ng isang property, hindi pa rin natre-trace ng BIR o ng assesor sa munisipyo na fake o may problema ang tax clearance nung i-transfer ang title sa new owner para naman pwede nilang masingil agad at nang hindi na umabot pa kung kailan ibebenta ulit ng new owner ang property? Wala bang nangyayaring checking ng tax records taun-taon? Paano kung hindi naman ibenta yung property. Ibig sabihin, pwede makalusot ang fake tax clearance lalo pa't yung title ay nasa pangalan na ng bagong owner?
Shela: This two women misunderstood each other.
While Lisa was referring to the real property tax certification sometime refers to tax payment clearance certificate. This is the certification you get from the municipal or city treasurer’s office to serve as a proof for tax payment up to the date of which it was issued. You only need this when buying or selling a property & it's not a prerequisite when paying for the real property tax (amilyar)
On the other hand, Sally was referring to the CAR, Certification Authorizing Registration or BIR form 1952 if I am not mistaken. This Certificate will be issued by the BIR when payment for the capital gains tax and document stamp are paid. This is done when a sale has been completed. It's a requirement when transferring TCT of a property.
He is right however that a CAR issued by BIR can be a fake especially those processed by fixers. To prevent future headaches & unnecessary expenses you can have your CAR verified from the issuing BIR office.
A fake or undervalued CAR can incur charges and penalties which will be compounded monthly from the date for which it was suppose to be paid.
My best advice is ensure that every document you received be verified/authenticated by the issuing office/agency.
25.8.10
Healthy Habits to Live 100
I am reposting this article from a magazine I came across recently to constantly remind my husband that aging is not determine mostly by our genes. Well my dear, let me say to you again - the biggest factor that determines how well you age is not your genes but how well you live. Not convinced? A new study published in the British Medical Journal of 20,000 British folks shows that you can cut your risk of having a stroke in half by doing the following four things: being active for 30 minutes a day, eating five daily servings of fruit and vegetables, and avoiding cigarettes and excess alcohol.
While those are some of the obvious steps you can take to age well, researchers have discovered that centenarians tend to share certain traits in how they eat, move about, and deal with stress—the sorts of things we can emulate to improve our own aging process. Of course, getting to age 100 is enormously more likely if your parents did. Still, Thomas Perls, who studies the century-plus set at Boston University School of Medicine, believes that assuming you've sidestepped genes for truly fatal diseases like Huntington's, "there's nothing stopping you from living independently well into your 90s." Heck, if your parents and grandparents were heavy smokers, they might have died prematurely without ever reaching their true potential lifespan, so go ahead and shoot for those triple digits. Follow these 10 habits, and check out Perls' lifetime risk calculator to see how long you can expect to live.
1. Don't retire. "Evidence shows that in societies where people stop working abruptly, the incidence of obesity and chronic disease skyrockets after retirement," says Luigi Ferrucci, director of the Baltimore Longitudinal Study of Aging. The Chianti region of Italy, which has a high percentage of centenarians, has a different take on leisure time. "After people retire from their jobs, they spend most of the day working on their little farm, cultivating grapes or vegetables," he says. "They're never really inactive." Farming isn't for you? Volunteer as a docent at your local art museum or join the Experience Corps, a program offered in 19 cities that places senior volunteers in urban public elementary schools for about 15 hours a week. One thing I observed from husband since he retired from the military, his posture had dramatically change, had soft body with a big belly.
2. Floss every day. That may help keep your arteries healthy. A 2008 New York University study showed that daily flossing reduced the amount of gum-disease-causing bacteria in the mouth. This bacteria is thought to enter the bloodstream and trigger inflammation in the arteries, a major risk factor for heart disease. Other research has shown that those who have high amounts of bacteria in their mouth are more likely to have thickening in their arteries, another sign of heart disease. "I really do think people should floss twice a day to get the biggest life expectancy benefits," stresses Perls.
3. Move around. "Exercise is the only real fountain of youth that exists," says Jay Olshansky, a professor of medicine and aging researcher at the University of Illinois at Chicago. "It's like the oil and lube job for your car. You don't have to do it, but your car will definitely run better." Study after study has documented the benefits of exercise to improve your mood, mental acuity, balance, muscle mass, and bones. "And the benefits kick in immediately after your first workout," Olshansky adds. Don't worry if you're not a gym rat. Those who see the biggest payoffs are the ones who go from doing nothing to simply walking around the neighborhood or local mall for about 30 minutes a day. Building muscle with resistance training is also ideal, but yoga classes can give you similar strength-training effects if you're not into weight lifting.
4. Eat a fiber-rich cereal for breakfast. Getting a serving of whole-grains, especially in the morning, appears to help older folks maintain stable blood sugar levels throughout the day, according to a recent study conducted by Ferrucci and his colleagues. "Those who do this have a lower incidence of diabetes, a known accelerator of aging," he says
5. Get at least six hours of shut-eye. Instead of skimping on sleep to add more hours to your day, get more to add years to your life. "Sleep is one of the most important functions that our body uses to regulate and heal cells," says Ferrucci. "We've calculated that the minimum amount of sleep that older people need to get those healing REM phases is about six hours." Those who reach the century mark make sleep a top priority.
6. Consume whole foods, not supplements. Strong evidence suggests that people who have high blood levels of certain nutrients—selenium, beta-carotene, vitamins C and E—age much better and have a slower rate of cognitive decline. Unfortunately, there's no evidence that taking pills with these nutrients provides those antiaging benefits. "There are more than 200 different carotenoids and 200 different flavonoids in a single tomato," points out Ferrucci, "and these chemicals can all have complex interactions that foster health beyond the single nutrients we know about like lycopene or vitamin C." Avoid nutrient-lacking white foods (breads, flour, sugar) and go for all those colorful fruits and vegetables and dark whole-grain breads and cereals with their host of hidden nutrients.
7. Be less neurotic. It may work for Woody Allen, who infuses his worries with a healthy dose of humor, but the rest of us neurotics may want to find a new way to deal with stress. "We have a new study coming out that shows that centenarians tend not to internalize things or dwell on their troubles," says Perls. "They are great at rolling with the punches." If this inborn trait is hard to overcome, find better ways to manage when you're stressed: Yoga, exercise, meditation, tai chi, or just deep breathing for a few moments are all good. Ruminating, eating chips in front of the TV, binge drinking? Bad, very bad.
8. Live like a Seventh Day Adventist . Americans who define themselves as Seventh Day Adventists have an average life expectancy of 89, about a decade longer than the average American. One of the basic tenets of the religion is that it's important to cherish the body that's on loan from God, which means no smoking, alcohol abuse, or overindulging in sweets. Followers typically stick to a vegetarian diet based on fruits, vegetables, beans, and nuts, and get plenty of exercise. They're also very focused on family and community.
9. Be a creature of habit. Centenarians tend to live by strict routines, says Olshansky, eating the same kind of diet and doing the same kinds of activities their whole lives. Going to bed and waking up at the same time each day is another good habit to keep your body in the steady equilibrium that can be easily disrupted as you get on in years. "Your physiology becomes frailer when you get older," explains Ferrucci, "and it's harder for your body to bounce back if you, say, miss a few hours of sleep one night or drink too much alcohol." This can weaken immune defenses, leaving you more susceptible to circulating flu viruses or bacterial infections.
10. Stay connected. Having regular social contacts with friends and loved ones is key to avoiding depression, which can lead to premature death, something that's particularly prevalent in elderly widows and widowers. Some psychologists even think that one of the biggest benefits elderly folks get from exercise the strong social interactions that come from walking with a buddy or taking a group exercise class. Having a daily connection with a close friend or family member gives older folks the added benefit of having someone watch their back. "They'll tell you if they think your memory is going or if you seem more withdrawn," says Perls, "and they might push you to see a doctor before you recognize that you need to see one yourself."
excerpt from: usnews.com
30.7.10
Successful Yard Sale Haunting
Before you go
Make a list of what you’re looking for and any important measurements such as exactly how much space you have for a framed mirror over your mantel, bring along a tape measure if you can. If you’re trying to match colors or styles, bring photos.
Stock your car with rope, twine or bungee cords to tie down items or secure parts.
Used bed sheets or blankets to protect your buys from getting banged around. Old rags to clean up stained wares before loading them
Keep basic tools or a Leatherman in compartment, in case fitting a piece into the car requires some disassembly.
Dress simply
Leave the flashy jewelry, watch and designer labels at home. Sellers often assess shoppers by their attire, and charge accordingly. Also , browsing goes more easily when you’re unencumbered, so tuck your wallet, your keys, a bottle of water into an otherwise empty sturdy shoulder bag in which you can stash smaller purchases-no juggling them and your handbag.
Timing it right
Early birds get the best selection, while latecomers get the best deals. Most sellers don’t want to drag their stuff back home. If you spot something in the morning that’s out of your price range, offer to leave your cell number in case the vendor still has the item at closing time and want to lower the price.
Don’t show any cash
Haggling works better when you can say, “ Sorry I only have a $10 bill,” and the seller doesn’t see a $20 bill behind it . Keep small bills tucked in pockets, separate from your wallet. Also, make you’re best offer while praising, not dishing, the item in question. If the sellers still won’t agree on the price, ask her to throw in another item; she may agree to a better deal if you take more stuff of her hands.
More items means more discounts. Instead of buying fifty cents a piece of shirt, why not bundle those items and haggle for one price.
8.7.10
Prepare Meals at Home
Also, instead of drinking soda, drink water instead -- it will also help you watch your weight. Snacks are something you can bring from home as well. Choose healthy snacks, such as fruit.
22.5.10
Tax Declaration Sample Copy
I am adding more documents to this blog. Here is a printable copy of tax declaration issued in April 2009.
Front
Back
12.5.10
Real Property Tax receipt
Congratulations to our new Presient, Nonoy Aquino III. In just a matter of hours of what we are waiting for from the Comelec. This is the most memorable election I encountered were it was very peaceful, quiet, and imagined... walang dayaan. How could it be, we're using the so called hitech pcos machine!
I should be able to continue with my business atbpang racket with no doubt, looking forward for a new Pinas kong mahal.Below is a sample of the official real property tax receipt issued in November, 2008.
1.5.10
A Quick Info on Gout
I recalled before he felt the pain between the joint on his right big toe, we attended Uncle Tom’s birthday. The food was great with different types of dishes, from bangus marinated in vinegar and garlic, to letchong paksiw, apritada, dinuguan, arozcaldo chicken adobo, etc. My husband doesn’t drink alcohol or smoke. Yet I recalled that time he drunk a couple of beer which he couldn’t resist from his dear cousins.
What is gout anyway, how do we acquire it? Following is a brief information handed out by our doctor:Gout is a kind of arthritis caused by too much uric acid in the joints. The acid causes joint pain.
You may get gout if you’re overweight, drink alcohol or have high cholesterol. Men have gout more often than women.
Some medicines may cause gout such as certain diuretics (water pills), niacin (a B-complex vitamin), aspirin (taken in low doses), cyclosporine and some drugs used to treat cancer.
What is a gout attack like? It may be sudden. It usually starts at night, often in the big toe. The joint becomes red, feels hot and hurts. The joint hurts more when you touch it. Other joints may also be affected.
What should I do if I have a gout attack? The sooner you get treatment, the sooner the pain will go away. Your doctor can prescribe medicine to stop the joint swelling and pain.
You should rest in bed. Putting a hot pad or an ice pack on the joint may ease the pain. Keeping the weight of clothes or bed covers off the joint can also help.
With the treatment, your gout attack should go away in a few days. You may never have another.
What if I don’t get treatment? If you don’t get treatment, a gout attack can last for days or even weeks. If you keep having more attacks, more joints will be affected, and the attacks will last longer.
If you have gout attacks for many years, you may develop tophi. These are soft tissue swellings caused by uric acid crystals. Tophi usually form on the toes, fingers, hands and elbows. You may also get kidney disease or kidney stones. Over time, the bone around a joint may be destroyed.
To avoid gout attacks, the doctor can prescribe medicines to prevent future gout attacks. These medicines wash the uric acid from your joints, reduce the swelling or keep uric acid from forming.
You should lose weight if you need to. If you have high blood pressure or high cholesterol, get treatment and follow a low salt, low fat diet.
Stay away from alcohol and foods that are high in purines.
Drinking lots of water can help flush uric acid from the body.
Purine contents of Foods and Beverages:
High
Best to avoid:
Liver, kidney, anchovies, sardines, herring, mussels, bacon, codfish, scallops, trout, haddock, veal, venison, turkey, alcohol beverages
Moderate
May eat occasionally:
Asparagus, beef, bouillon, chicken, crab, duck, ham, kidney beans, lentils, lima beans, mushrooms, lobster, pork, shrimp, spinach
Low
No limitation:
Carbonated beverages, coffee, fruits, breads, grains, macaroni, cheese, eggs, milk products, sugar, tomatoes and green veggies including lettuce and excluding vegetables above
7.4.10
Save Ink The Way We Print
More info could be find at GMA News
4.4.10
My Real Estate Buying Checklist
STEP 1: CITY/MUNICIPAL ASSESSOR’S OFFICE
SECURE THE FOLLOWING:
1. Certified True Copy of Tax Declaration if house and lot
2. Certificate of No Improvement for a vacant lot
3. Original Copies of the above – 1 for BIR and 1 for Register of Deeds
STEP 2 : CITY/MUNICIPAL TREASURER’S OFFICE
Obtain a TAX CLEARANCE from the City/municipal Treasurer’s Office. In order to secure a Tax Clearance, Real Property Tax payment must be current as of date of document of sale.
STEP 3: BUREAU OF INTERNAL REVENUE
Must pay the following in BIR:
1. Capital Gains Tax (6%)
Capital Gains Tax and Documentary Stamps Tax shall be based on Selling Price as written on Deed of Sale
2. Documentary Stamps Tax (1.5%)
Market Value of Tax Declaration, or BIR Zonal Value, whichever is higher.
Requirements:
1. Photocopy of Certified True Copy of Transfer Certificate of Title
2. Certified True Copy of Latest Tax Declaration
3. Real Estate Tax Clearance
4. Original and two (2) Photocopies of Deed of Absolute Sale
5. Certificate of No Improvement from the Assessor's Office if vacant lot.
Additional Note:
a. Payment for Capital Gains Tax and Documentary Stamps Tax shall be in cash or in managers check, to be paid to the BIR Regional office or BIR-authorized banks where property is located.
b. Capital Gains Tax shall be filed and paid to the BIR within thirty days from date of sale.
c. Documentary Stamps Tax shall be paid on or before the 5th day of succeeding month from the date of sale.
STEP 4: CITY/MUNICIPAL TREASURER’S OFFICE
Pay the Transfer Tax at the Treasurer's Office.
Requirements:
1. Photocopy of Deed of Absolute Sale
2. Photocopy Transfer Certificate of Title
3. Photocopy of Tax Declaration
4. Photocopy of Real Estate Tax Clearance
Transfer Fee is 1/2 of 1% of Selling Price or Market Value of Tax Declaration, whichever is higher
STEP 5: REGISTER OF DEEDS
Submit to the Register of Deeds where property is located the following documents:
1. Owner's Duplicate Copy of Transfer Certificate of Title
2. Deed of Absolute Sale (3 copies)
3. Certificate Authorizing Registration from the BIR
4. Transfer Fee Receipt
5. Photocopy of Real Estate Tax Clearance
6. Photocopy of Tax Declaration or if vacant lot, Certificate of No Improvement
A NEW TITLE UNDER THE NEW OWNER’S NAME WILL BE RELEASED BY THE Register of Deeds
REMINDER: The owner or the broker as authorized by the owner should be the one to present the above documents to the Register of Deeds because the new TCT shall be released only to the presenter of the above documents
STEP 6: CITY/MUNICIPAL ASSESSOR’S OFFICE
Secure from the Assessor's Office a new Tax Declaration.
Requirements:
a. Photocopy of Transfer Certificate of Title under the new owner’s name, duly authenticated at the Assessor's Office
b. Photocopy of Deed of Absolute Sale
c. Real Estate Tax Clearance
IMPORTANT:
Always bring Certified True Copies of the documents as well as necessary receipts to avoid inconvenience in case you will be required to present them.
25.3.10
13 Tips For A Fuel Efficient Driving
Gas price is on its highest again since 2008 and no one could guess when this situation ends. Somebody out there is controlling the price of this very useful commodity. If someone could only get our acts together and put an end to this. I am a woman, who happens to work in the medical field, just trying to live simple enough to save for my family, and I don’t really much have the techno and the mechanism of an automobile. Oh yes, good enough for my family to understand the expense of driving a car. To drive you need to buy a car, and that is one big expense. To go from point A to B you need to put a gas on it, and the list goes on. All I know is whenever I have the urge to go somewhere, I click the remote, sit in the car, turn on the engine, shift the gear and drive. I didn’t even know how to fill up the gas tank until recently my husband taught me.
Let me summarized one more time, to have the luxury going anywhere you need the ff:
1) Drivers license - cost P2000/3yrs
2) Buy a car – decent price of P300,00
3) Car registration/ insurance – P4000/yr
4) Gas – with my average daily needs P100/month
5) Maintenance – P300 per month including car wash, oil and filter change,
I have tried to gather all the information (not only from my own experience) from friends and from you the internet users and here’s what I got. I hope it helps you in some other ways saving those hard earned money and most of all, less polluting on the environment.
1. Drive less, take public transportation. Exercise if you can by walking or riding a bike, it’s also good for the environment
2. Drive during less busy times if possible ( a vehicle in motion burns less fuel compared to one sitting in traffic)
3. Don't spend more than 45 seconds warming up your car. Or you can slow start moving the car while warming up
4. Do not use air conditioning unless it is needed. Use of AC can lower your fuel economy by 10 percent
5. Fill up tank slowly - you get less air and more gas
6. Fill up in the morning or evening and not during the daytime. Gas is usually more dense when it's cold. . .and therefore you get more bang for your money
7. Only half fill your tank to save weight, less weight will be less harder for the engine
8. Keep your tires properly inflated. They said inflating your tires a little over is good, less friction between the tire and the road but it sacrifices your safety
9. Remove all excess items from your car or trunk area. The extra weight will cause you to get worse gas mileage
10. Do not make sudden stops or start your engine quickly. Gradual acceleration and deceleration makes your engine run better and consume less fuel and save money. Keep a distance and maintain a certain speed without braking too much.
11. Watch your speed. Driving at 120 kph on expressway rather than 90 kph will save you money by improving your fuel economy
12. Know your area well, find good gas prices where you can get the best return for your money
13. Apply for a credit card which offers gas savings when you use the card for purchases
Let me summarized one more time, to have the luxury going anywhere you need the ff:
1) Drivers license - cost P2000/3yrs
2) Buy a car – decent price of P300,00
3) Car registration/ insurance – P4000/yr
4) Gas – with my average daily needs P100/month
5) Maintenance – P300 per month including car wash, oil and filter change,
I have tried to gather all the information (not only from my own experience) from friends and from you the internet users and here’s what I got. I hope it helps you in some other ways saving those hard earned money and most of all, less polluting on the environment.
1. Drive less, take public transportation. Exercise if you can by walking or riding a bike, it’s also good for the environment
2. Drive during less busy times if possible ( a vehicle in motion burns less fuel compared to one sitting in traffic)
3. Don't spend more than 45 seconds warming up your car. Or you can slow start moving the car while warming up
4. Do not use air conditioning unless it is needed. Use of AC can lower your fuel economy by 10 percent
5. Fill up tank slowly - you get less air and more gas
6. Fill up in the morning or evening and not during the daytime. Gas is usually more dense when it's cold. . .and therefore you get more bang for your money
7. Only half fill your tank to save weight, less weight will be less harder for the engine
8. Keep your tires properly inflated. They said inflating your tires a little over is good, less friction between the tire and the road but it sacrifices your safety
9. Remove all excess items from your car or trunk area. The extra weight will cause you to get worse gas mileage
10. Do not make sudden stops or start your engine quickly. Gradual acceleration and deceleration makes your engine run better and consume less fuel and save money. Keep a distance and maintain a certain speed without braking too much.
11. Watch your speed. Driving at 120 kph on expressway rather than 90 kph will save you money by improving your fuel economy
12. Know your area well, find good gas prices where you can get the best return for your money
13. Apply for a credit card which offers gas savings when you use the card for purchases
19.3.10
Absolute Deed of Sale - Individual
Absolute Deed of Sale prepared by the owner when we purchased their property. This is a good reference for those who are preparing for one. To copy, right click to save it as a picture, print it in a legal 8 x 14 paper. Pertinent informations has been changed to protect their privacy.
Absolute Deed of Sale - bank issued
Absolute Deed of Sale issued by the Bank when we purchased the property. Pertinent informations has been changed to protect their privacy.
18.3.10
Buying rental property, is it a good buy?
Economic values
- affordability, first thing first, will I be able to afford it, downpayment, monthly mortgage, to be safe, allow an emergency fund of 3 months vacancy, meaning not being rented for the months
- market value, do search for comparable properties for sale or recently sold in the area, search from local newspapers, internet, the real estate agent
- appraised value? (get appraisal report from bank or appraiser, this cost around P3k)
- zonal value as dictated by BIR Zonal Values
- comparable rentals in the targeted area? (to get a ballpark figure how much you'll charge for the rent
- how much is my target profit? determine if the property is worth investing on
- age of the building, how structurally sound it is, will this last for another ?? years enough to recoup my lost
- curb appeal, as what most realtors say, location, location, location
- exterior, paint, more often than not, you'll have to repaint, consider how tough if it has the second floor, third, etc
- cracked walls, you may want to get a second opinion from carpenters, builders
- watermarks, leaking roof
- termites, especially for a structure made of wood
- accessibility, most tenants wants closer to public transportation, convenient stores, markets, mall
- security, you may want to do an unscheduled visit especially at night to look for any illegal activities, crimes about to happen
- water, there are areas now where water supply may it be from water company or natural ground supply
- rentability, comparable rental charges within the vicinity
- squatters, for sure this will affect the property value, rental charges, prospective tenants will get this first impression
16.3.10
Buying Our First Property
Buying property is stressful and takes a lot of time and research. With the hard earned money that we’ve been saving through our entire life, who would want to take that risk and have it land in the hands of the manloloko?
To ensure that the Transfer Certificate of Title is authentic I asked the seller for a photocopy. I went to Register of Deeds to search and requested a stamped Certified True Copy of the Title. In my case, this was in Trece Martirez City, the capital of Cavite.
The "Deed of Sale" or "Deed of Absolute Sale" is the document showing legal transfer of real estate property ownership. The deed of sale is then taken to the Registry of Deeds to be officially recorded after paying the documentary stamp, transfer tax and registration fees. Always verify from the Registry of Deeds the authenticity of a Transfer Certificate of Title before buying a property. If the seller only has a tax declaration, be extra cautious and check with neighbors, the Barangay captain or anyone in the know in the community to verify the seller/owner's true identity and the property's history. When in doubt and be safe, hold on to this transaction until documents are cleared.
Since this is our first investment property, our goals in acquiring passive income, me and my husband took awhile to decide if we should go through this type of real estate investment. Part of this learning process is taking advice from our friends and relatives, surfing the internet, attending meetings with real estate gurus. Once we established our ideal location (yes location) and found our deal, we did our homework.
We checked the physical location of the property, ensuring that no one is squatting in the area, and no other structures. We made sure that the sellers are the real owners. If you are buying from an individual property owner, ask for identification papers like passport or driver's license. It is also a good idea to talk to the neighbors or the Barangay Captain to confirm the identity of the sellers. You might as well ask some history, the reasons why such property is up for sale. There was a time when we had to drove by at night just to get acquainted with the location and observed for illegal activities around.
To confirm that Title is very clean, that the property is not mortgaged, no liens and encumbrances on the property, see the back of the Title with the heading "Encumbrances". This page must be empty if you are told that the title is "clean". But sometimes the space for the technical description of the property on the front page of the title is not enough and the description of the property is continued on the "Encumbrances" page, this should be fine.
Make sure that the land described on the Title is really the land that you are buying. Have it validated at the Register of Deeds or by hiring a private land surveyor or a geodetic engineer. Land titles don't have any street name and number to pin point a property. It is a must to confirm that the actual property you are buying matches the technical description on the Transfer Certificate of Title.
The yearly real estate taxes are paid. Ask for certified true copies of the Tax Declaration and original Tax Receipts to confirm that real estate tax payments are up to date.
Once we agreed on the payment of the property, the payment for the capital gains tax (usually the seller shoulder this), and the agent’s commission (if there is one involved), the owner then prepares the Deed of Sale. Our residence tax certificate or cedula or driver’s license, and tax id number are needed to prepare this document.
15.3.10
7 Simple Steps To Get Out Of Debt
As part of rehabilitating myself and looking forward to live frugally and become self reliance, I intend to get rid of my debt. Debts I accumulated during my college days up to these current timet. I was reading a famous financial magazine when I stumbled on this subject matter. As I read through it, and hmmm, why not try it and see. So I am adding this to my blog as my daily go by hoping to somehow change my habit with this 7 simple steps to dropping off my debts.
Live below your means. You cannot become debt-free if you spend more than you earn. It’s that simple! Financial stress relief is called money in the bank or positive cash flow.
Decide where you want to spend your money. Don’t let others decide for you. Know how much money you are bringing in, how much goes out and to where it goes. If you are not satisfied with the answers you get from this exercise, now is the time change your spending habits. You (and your significant other) are ultimately responsible for how your money is spent.
Pay your bills on time, every time. Managing monthly bills is an essential part of saying debt free and maintaining a good credit rating. If you find this difficult, come up with a system to ensure that bills are not paid late.
Set financial goals, both short and long term. Having goals in place makes it easier to make the necessary spending cuts to get what you really want. Without reasons to cut spending and save, you will constantly be under pressure to spend money you don’t have for things you don’t need.
Use credit only as a tool and with a plan. Figure out how and when you will pay the balance. Imagine building a house without a plan or blueprints. That’s why your financial house will look like, too, without a plan. Your goal should be to pay for credit card purchases within three months. Remember, unlike wine, cheese or my wife, debts do not improve with age.
Have an adequate emergency savings fund. Life will throw curveballs at you, ranging from the need to replace a worn out washing machine to a temporary job loss. Three to six months worth of bare-bones living expenses should shield you from most of these problems. Can’t do three months worth? Start with three days worth and watch it grow as saving becomes a habit.
Learn how to invest your savings. Your money has to earn more money to keep you out of debt, especially in your later years. Take a class, find a referral to a great adviser or just start reading.
Live below your means. You cannot become debt-free if you spend more than you earn. It’s that simple! Financial stress relief is called money in the bank or positive cash flow.
Decide where you want to spend your money. Don’t let others decide for you. Know how much money you are bringing in, how much goes out and to where it goes. If you are not satisfied with the answers you get from this exercise, now is the time change your spending habits. You (and your significant other) are ultimately responsible for how your money is spent.
Pay your bills on time, every time. Managing monthly bills is an essential part of saying debt free and maintaining a good credit rating. If you find this difficult, come up with a system to ensure that bills are not paid late.
Set financial goals, both short and long term. Having goals in place makes it easier to make the necessary spending cuts to get what you really want. Without reasons to cut spending and save, you will constantly be under pressure to spend money you don’t have for things you don’t need.
Use credit only as a tool and with a plan. Figure out how and when you will pay the balance. Imagine building a house without a plan or blueprints. That’s why your financial house will look like, too, without a plan. Your goal should be to pay for credit card purchases within three months. Remember, unlike wine, cheese or my wife, debts do not improve with age.
Have an adequate emergency savings fund. Life will throw curveballs at you, ranging from the need to replace a worn out washing machine to a temporary job loss. Three to six months worth of bare-bones living expenses should shield you from most of these problems. Can’t do three months worth? Start with three days worth and watch it grow as saving becomes a habit.
Learn how to invest your savings. Your money has to earn more money to keep you out of debt, especially in your later years. Take a class, find a referral to a great adviser or just start reading.
12.3.10
Welcome
Welcome to my blog. The other half of my storage. May it be storage of my files, memory, my goals, my wants, or what I do. I welcome everyone and happy to share it with you.
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