Welcome, Guest
Username: Password: Remember me

TOPIC: nabili na property ay naka mortgage sa bangko.

nabili na property ay naka mortgage sa bangko. 7 years 3 weeks ago #8

itong property ay nabili po namin by 3years installment.ang huling bayad ay noong July 2009. ngunit hanggang ngayon ay hindi pa ma-i transfer ang property, dahil, hindi pa nakapagbayad ang nabilhan namin sa bangko.
lumipas ang sunod-sunod na promise na mabayaran na niya sa bangko,pero, palaging may mga dahilan na sinasabi... kaya umabot sa ngayon.
-kung maforeclosed po ba ang property ng bangko ay may habol at paraan po ba kami.
-may time limit po ba ang mortgage, bago magdecide ang bangko for foreclosure.

dahil sa friend sila ng bangko, hanggang ngayon ay hindi ito na foreclosed. ito ang pinagmalaki niya. at sabi niya gusto niyang matapos din ito sa madali, dahil nagbabayad siya ng interest sa bangko buwan-buwan.

kaya sa tagal na panahon ay nagsuspect kami na may special term dito. na baka mabulaga na lang kami na walang kalabanlaban.
The administrator has disabled public write access.

The Property Bought is Mortgage to a Bank 7 years 3 weeks ago #12

  • Atty. Libayan
  • Atty. Libayan's Avatar
  • OFFLINE
  • Administrator
  • Please contact us for all your legal needs.
  • Posts: 3361
  • Thank you received: 354
  • Karma: 49
Good day Isaias,

First things first, you have to look into the title of the property so you will know who owns it and what is its liens and encumbrances. I have clients who were fooled into thinking that the property is still clean or is still the debtors property but upon inspection of the title, it is no longer the debtors property or worse, it was never the debtor's. A mortgaged property can still be subject of a sale; HINDI PO DAHILAN ANG HINDI PAGBAYAD NG MAY-ARI SA PINAG-SANGLAAN NG LUPA PARA HINDI MAI-TRANSFER ANG TITULO SA PANGALAN NG BUMILI. Kahit nakasanla and lupa at hindi ito nabayaran, pwede pa rin i transfer and pangalan sa bagong may ari. Ang bagong may ari ngayon ang pwedeng habulin ng Banko kung sakali.

If ever the property will be foreclosed by the Bank, and only if the Title has been transferred to your name, then you will be privy to the mortgage.

However, if the property is not transferred to your name, all you have is a civil case against the seller. Or, if you really are interested in the property, you can join the foreclosure sale and you can buy the property from there. Yung lupa na po ay mapupunta sa buyer in a public auction.

Every mortgage has a maturity period, depending on the parties. So, if that period arrives, the mortgagee can foreclose the property after that stipulated period.

I suspect foul play here so I suggest you investigate immediately bago pa mawala lahat sa inyo.
"Excellence is our Standard..."
Please note that answering your queries in the free legal advice forum does not create an Attorney-Client relationship.
Seek services of an independent counsel when dealing with legal issues. Legal issues need scrutiny and attention.
The administrator has disabled public write access.
Time to create page: 0.049 seconds
Powered by Kunena Forum ::

CONTACT US NOW!

Philippine Lawyers

We go live to answer all your questions

Free Legal Advice Every Wednesdays and Fridays
at 6:00 pm

Facebook Event | YouTube Channel

Season One

Episode 1:  August 31, 2018

Facebook Video | YouTube Video

Episode 2:  September 7, 2018

Facebook Video | YouTube Video

Episode 3:  September 13, 2018

Facebook Video | YouTube Video

Episode 4:  September 21, 2018

Facebook Video | YouTube Live

Episode 5:  September 28, 2018

Facebook Video | YouTube Video

Episode 6:  October 5, 2018

Facebook Video | YouTube Video

Free Legal Advice

IMPORTANT NOTICE

If your predicament is urgent; or, when your case is already pending in court; please do not opt for the free legal advice. It is best to get in touch with a lawyer the soonest possible time. I answer all queries here personally but sometimes it may take time because of my busy schedule. Rest assured all will be answered but the time is indefinite. Thank you for understanding.

Ranny Randolf B. Libayan

OFFICE HOURS

9:00 AM TO 5:00 PM Monday to Friday

We are also open for appointments on weekends

It is best to contact us for an appointment if you decide to visit us so you will be given priority

SERVICES WE OFFER:

Philippine Law Firm

Representation

We will represent you in court, administrative, and other tribunal hearings.

Law Firm in Taguig

Notarization

We provide notarization and drafting of all kinds of legal documents.

Notary Public

Legal Consultation/ Retainer

We provide the best legal advice about anything legal whether it be via retainer or just one time.

Philippines Free Legal Advice

Free Legal Advice Online

We provide free online legal advice just proceed to the forums.