Showing posts with label Filinvest. Show all posts
Showing posts with label Filinvest. Show all posts

Saturday, July 29, 2023

Condo Title

     When I was working in Singapore, a sales agent, a friend,  was able to convince me to buy a Filinvest condo unit, a studio, at that time, I thought of it as just another minor investment in a prime location in Quezon City since I had spare money. I didn't know then that such an investment would be a reliable money-making unit for me in case like today when I am not working anymore.My condo after it was renovated around 2017

     To avoid the monthly headache of amortization, I paid in full last January 2020 so I could obtain the title. I managed to get the title few days ago finally after much follow-up since early 2020 battling the bureaucracy in the country, even in private companies. You can just imagine how bad it is in the government.
I got the title few days ago 

     I am very glad I invested in this unit many years ago as it comes handy as a source of income after my stroke which rendered me unable to work. Braving the bureaucracy of Filinvest, pestering them with my regular emails after I have fully paid, now it's settled. When they sent me the email last month that my title is ready for collection, it was a sigh of relief. My persistence in nagging them, knocking at their doors every now and then for two years has finally come to fruition.Sigh of relief when I got this

    Truly it's an investment that didn't go to waste. It comes beneficial to me when I am no longer employed. Had I have no such unit, I will be without income. Glad I have this condo unit is an understatement. I have a house rented out in Montalban, Rizal. Both are supporting me financially now as I am trying to recuperate from my stroke, albeit slow walk and movements. It's not much but enough to cover my basic needs and my medication.My condo unit at Vinia Residences

     I have another house in Montalban(now Rodriguez), Rizal, just 20-30 minutes away, without traffic, northeast of Metro Manila which I now rent out to the family of a friend. I acquired this property in 2004, much earlier than my condo and when I finished amortizing, I had extra money to invest in the condo.My house in Montalban 

Saturday, January 21, 2023

Filinvest

     I acquired my condominium in Manila through Filinvest while working in Singapore. There was a time I did AirBNB but I have stopped after my stroke. I prefer long-term rental to minimize the hassle for me.

     I religiously paid it through Filinvest and I paid it fully in 2020 to reduce my worries since I am no longer working. I am chasing Filinvest for the title of my unit. This week it created a website for clients like us to access them and communicate with them as well as get updates, a laudable move in this era. I was asked to register but I couldn't, only later to find out that the telephone number registered with them is still my Singapore number. I told them to update accordingly. It is with this communication with them suddenly they informed me my email is also not the one in their system.
 
     How on earth my email cannot be registered with them when it is the one they use to communicate with me? I still have no logical explanation as to how they can come up with this. Either they are plain stupid or lazy to check on the details. I have no patience with people who never use their brain for such simple matters, pure common sense.