Yes. Property owners are responsible for annual real property tax and, for condominiums, monthly association dues.

Pre-selling properties can be safe when purchased from reputable developers and often offer lower prices, but buyers should review contracts carefully.

Payment options may include spot cash, installment plans, and bank financing, depending on the developer or seller.

Whether or not you should buy a new home before selling your existing home is a personal and financial choice. Having a new home lined up gives you peace of mind when selling, and you can move out on your own time.

Risks include misinformation, illegal transactions, lost payments, and lack of legal recourse.

While not mandatory, working with a licensed real estate broker is recommended for legal protection and smoother transactions.

You can verify licenses through the Professional Regulation Commission (PRC).

Lack of license, pressure tactics, vague documentation, and requests for direct payments.

Buyers should check the developer’s registration, licenses, and project permits with the appropriate government agencies.

Buyers should consider location, budget, payment terms, developer reputation, and long-term usage or investment goals.

Yes. Property owners may sell or lease their property, subject to contractual obligations and condominium rules.

Buyers typically pay documentary stamp tax, transfer tax, registration fees, and notarial fees, unless otherwise stated in the agreement.