I personally believe that allegations of understatement or overstatement of real estate values in SALN declaration of public officials must be proven with proper certification by a professional real estate appraiser. The problem is, what if the public official will not give consent to a third party appraising service that will be engaged by the allegator? To implement this, there must be a legislation that will require public officials to sign a waiver in their SALN that automatically allows third parties to perform real estate appraising on their property at question, which should also include due-diligence investigation on alleged undeclared assets. If there is anything else important that I forgot to include in this article, or if you experienced a real estate transaction that is anomalous, scam, fraudulent scheme that you want me to document and expose for others to be warned, or if you want to donate to the war chest of real estate consumer rights advocacy, please feel free to email me at JohnPetalcorin@Gmail.Com. If you want to comment about this article, there is a provision for this purpose that you can find below.
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1 comment:
Philippines is truly a good place to put investment especially with real estate property. For there are lot of foreigners who decided to live and put business here. Aside from manila there are also lots of places in the Philippines which is starting to build their real estate businesses.
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