MAGAWIN Realty

🏡”Pasalo” or “assume balance” deals are common in real estate in the Philippines, but they are often not recommended - especially for buyers - due to several risks and complications. Here’s a clear breakdown:

❌ 𝗪𝗵𝘆 𝗣𝗮𝘀𝗮𝗹𝗼 𝗼𝗿 𝗔𝘀𝘀𝘂𝗺𝗲 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗶𝘀 𝗡𝗼𝘁 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗲𝗱:

1. No Legal Transfer of Ownership
• In most cases, the title and official ownership remain under the original buyer’s name (the one who took out the loan).
• You’re paying for a property that isn’t legally yours unless the original buyer officially transfers it - which may not happen, or may take years.

2. Bank May Not Recognize You
• Unless the bank agrees to a loan assumption (which is rare), the bank holds the original borrower accountable, not you.
• If the borrower defaults, you suffer.

3. Risk of Scams
• Some people do pasalo even if they’re not the real owner or are hiding existing legal problems (e.g., mortgage arrears, foreclosure threats).
• There’s no legal protection if they suddenly disappear or stop cooperating.

4. Difficult to Resell or Use as Collateral
• You cannot easily sell or mortgage the property since it’s not officially in your name.
• This limits your future options and reduces the investment value.

5. Possible Legal Problems
• Disputes can arise over payments, taxes, or possession.
• You may have trouble proving your right to live in or claim the property.

6. Not Recognized in Court (Unless Documented Properly)
• Most pasalo agreements are informal and may not hold up in court.
• Even notarized contracts are weak if the title and loan are not transferred properly.

✅ 𝗪𝗵𝗲𝗻 𝗜𝘁 𝗠𝗶𝗴𝗵𝘁 𝗕𝗲 𝗔𝗰𝗰𝗲𝗽𝘁𝗮𝗯𝗹𝗲: (𝗕𝘂𝘁 𝗦𝘁𝗶𝗹𝗹 𝗥𝗶𝘀𝗸𝘆)
▪️If it’s done through proper” bank-approved loan assumption (with credit checking and full documentation).
▪️If you hire a real estate lawyer to ensure all paperwork is legal and protects you.

✅ 𝗪𝗵𝗲𝗻 𝗜𝘀 𝗜𝘁 𝗔𝗰𝗰𝗲𝗽𝘁𝗮𝗯𝗹𝗲:
▪️If the property is not yet financed (still under the developer and not yet mortgaged to a bank), and the developer allows transfer of rights.

💡 Real Talk for Buyers and Sellers:
Pasalo may look cheap and convenient, but if it’s not done right—it can cost you peace of mind, your money, or even your dream home.

Palm Beach Villas, Boracay Tower, Macapagal Avenue Roxas Blvd, Pasay City

Unit Number: 𝟔𝐋

• 2 Bedrooms with Balcony
• Fully Furnished
• With Own Parking Lot @𝟐𝐧𝐝 𝐅𝐥𝐨𝐨𝐫
• Infront of 𝐌𝐚𝐥𝐥 𝐎𝐟 𝐀𝐬𝐢𝐚
• Beside of 𝐓𝐨𝐲𝐨𝐭𝐚 𝐌𝐚𝐧𝐢𝐥𝐚 𝐁𝐚𝐲

- 8M Unit
-1M Parking
———
9M negotiable

Preselling Duplex - 2025 Turnover
Unit available: 6-B (Right Side)

🏡House Details:
3 Bedrooms
2 Toilet and Bath
1 Powder Room
1 Car Garage

LA: 70 sqm
FA: 140 sqm

✅TCP: 6,000,000.00
10% DP: 600,000.00
DP TERMS PAYABLE IN 6 MONTHS: 100,000.00
1ST MONTH represented as RESERVATION FEE
2ND to 6th MONTHS - PDC

BALANCE: 5,400,000.00
20 YRS: 45,167.76
15 YRS: 51,605.21
10 YRS: 65,516.90

‼️NO BAHA, MATAAS ANG SUBDIVISION‼️

❗️HURRY LAST UNIT AVAILABLE❗

➡️ TESTED BY UNDOY, ULYSSES & CARINA, 💯 FLOOD FREE AREA

✨ BRAND NEW TRIPLEX UNITS TWO STOREY WITH ROOFDECK WITH OVERLOOKING VIEW FOR SALE

✨ Ready for Occupancy...

🔍 Location: Panorama Hills Subdivision Cupang Antipolo City
▪️Accessible to all Major Establishment and Public Transpo.
▪️💯 Flood Free Area
▪️ Inside Gated Guard Subdivision
▪️Boundary of Cupang Antipolo City and Marikina City
▪️Minutes to drive going to Lilac Street Marikina
▪️Near in Panorama Terminal
▪️Minutes going to SM Cherry, SM Masinag & LRT Masinag Station

🏠 House Features:
▪️3-4 Bedrooms with Built In Cabinet
▪️3 Toilet and Bath
▪️1 Powder Room
▪️Service Area / Laundry Area
▪️1-2 Car Garage Gated
▪️Living, Dining Area
▪️Kitchen Area with Cabinet
▪️With Roof Deck / Balcony

✅ ALL-IN TO YOUR CONTRACT PRICE
✅ NO MOVE IN FEE
✅ NO MISC. FEE
✅ NO HIDDEN CHARGES
✅FREE INCLUSIVE TO YOUR CONTRACT PRICE (CGT, TRANSFER OF TITLE AND WATER & MERALCO) - SHOULDER TO THE SELLER
✅ ONLY BANK CHARGES ARE SHOULDER TO THE BUYER
✅ HASSLE FREE TRANSACTION
✅ FREE BANK HOMELOAN ASSISTANCE
✅ FAST TRANSACTION

🏡 UNIT 1: AVAILABLE - SOLD
🔑 Lot Area: 67 sqm.
🔑 Floor Area: 115sqm.

🏡 UNIT 2: AVAILABLE - MIDDLE✅️✅️✅️
🔑 Lot Area: 65sqm.
🔑 Floor Area: 110sqm.

🏡 UNIT 3: ( With Lanai ) - SOLD
🔑 Lot Area: 77sqm.
🔑 Floor Area: 120sqm.

💰 ASKING PRICE: ₱6.5M ONLY
💰 RESERVATION: ₱50K
➡️ NO DOWN PAYMENT
➡️ 90% APPROVAL ON OUR ACCREDITED BANK POSSIBLE NO DOWN PAYMENT

90% BANK FINANCING / ESTIMATED COMPUTATION (₱5,850,000)
▪️20 Years - ₱48,931.74
▪️15 Years - ₱55,905.65
▪️10 Years - ₱70,976.64

PM ME OR CALL/VIBER 09209282727