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Four Tips to Help You When Purchasing Property in Cagayan de Oro
Check the authenticity of the Transfer Certificate of Title.
The easiest way to do this is to visit the local Register of Deeds, which is often located in the City Hall.
Talk to reputable real estate developers.
The basic “criteria” for reputable real estate developers are ones who have a track record of completed developments.
Try to go for mainstream architectural styles.
This means that you have to look for properties or houses that more or less look modern and similar to other houses in the area.
Verify how “clean” the title is.
When buying property it is of utmost importance to find one with a “clean” title, meaning one without any mortgages, liens or encumbrances.
Remember these tips and do not hesitate to look for more when buying a property in Cagayan de Oro. There is always a good one out there just waiting for you, just do not get carried away with the property investing hype!
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