Well it was not an issue if you have Filipina wife or Filipino Trustee. But the issue will set in if you are a citizen of another state or nation who need to buy houses in Philippines, Cebu especially. We have legal process for you to own house here first procedure is the Lease to Purchase of course it will be in your name which be valid for 25 years and renewable for another 25 years. In this process you know that the house you bought was in your name and all legal process such as you want to sell it, mortgage it or collateral use will be at your benefit. And the next process you will know it by my next post..
Your Friend Real Estate Assistance will be at your service:
Rio Bernardino
JDLeong Realty Brokerage
FB: Rio Tuyor Bernardino
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