Motif Investing Ideas
Now, Easily Invest in A World Of Big Ideas
A motif is a portfolio of up to 30 stocks reflecting an investing idea. Pick an actionable idea from trends and events in our catalog. Customize a motif to your needs – add/delete stocks or change weightings. Enjoy amazing value – just one low commission and no management fees.
Philippines Real Estate Mortgage Loans
Typical Philippine real estate mortgage loan annual interest rates are anywhere from 7% to 10% with the Philippine banks currently, and 10% to 15% plus with the Philippine real estate developers and their projects. Check with the Philippine Central Bank for more indications of lowering or raising of Philippine interest rates on how they affect the Philippine bank loan rates.
Philippines Mortgage Loan Terms
Typical financing term period on mortgage loans is 1 to 10 years. When applying for a loan from a Philippine lender, provide copies of your asset, debt, income statements and two years tax returns.
Philippines Escrow Services
Philippine banks are the common entities to setup an escrow for transacting Philippine real estate transactions. Contact the Philippine banks listed below and compare their costs.
Philippine Real Estate Sales Transaction & Closing Costs
Buyers transaction or closing costs include the following. Documentary Tax – P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Transfer Tax – P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Registration Fee – P1.50 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. The seller is responsible for transaction closing cost of capital gains tax.