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cancel mortgage

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1 cancel mortgage on Thu Jun 13, 2013 9:31 am

goligoli


Arresto Mayor
ano po ang ibig sabihin kpag sinabing i pa cancel ang  mortgage sa RD?

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2 Re: cancel mortgage on Thu Jun 13, 2013 9:35 am

Patok


Reclusion Perpetua
ibig sabihin tapos mo na bayaran yung loan.. kung sa lupa yan.. pupunta ka sa registry of deeds kung san naka register tapos papa cancel mo yung mortgage sa kanila.. tatanggalin nila yung word na "encumbered" sa titulo.. kung sa sasakyan naman yan.. bibigyan ka nila nang letter tapos dadalhin mo yun sa LTO para ma issue-han nang bagong certificate of registration na wala na yung word na "encumbered"

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3 Re: cancel mortgage on Thu Jun 13, 2013 11:24 pm

goligoli


Arresto Mayor
ty

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4 Re: cancel mortgage on Thu Jun 13, 2013 11:55 pm

goligoli


Arresto Mayor
may bayad po ba ung pa cancel ng mortgage sa rd?

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5 Re: cancel mortgage on Fri Jun 14, 2013 9:17 am

Patok


Reclusion Perpetua
yes may bayad.. depende sa amount nang loan yata yan.

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6 Re: cancel mortgage on Fri Jun 14, 2013 10:51 am

goligoli


Arresto Mayor
dun po sa titulong hawak ko may nakasulat na "encumbered...." sa likod. ibig pong sabihin nun ay kelangan kong ipa cancel pa muna ung mortgage sa RD bago ko lakarin ung pagpapatransfer ng titulo sa pangalan namin?
nabili po ung lupa sa isang housing mortgage.

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7 Re: cancel mortgage on Fri Jun 14, 2013 10:53 am

goligoli


Arresto Mayor
kung halimbawa pong ibebenta ko ang lupa, kelangan po bang ipa cancel ko muna ung mortgage sa RD bago ko ibenta?

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8 Re: cancel mortgage on Fri Jun 14, 2013 1:10 pm

Patok


Reclusion Perpetua
kailangan humingi ka muna nang certificate sa banko na fully paid na yan.. bago mo pa pwede patanggal yung "encumbered" sa titulo..

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9 Re: cancel mortgage on Fri Jun 14, 2013 8:13 pm

goligoli


Arresto Mayor
ok po. meron na po ako nun.

follow up question lng po...
kung halimbawa pong ibebenta ko ang lupa, kelangan po bang ipa cancel ko muna ung mortgage sa RD bago ko ibenta?

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10 Re: cancel mortgage on Fri Jun 14, 2013 8:22 pm

Patok


Reclusion Perpetua
ay dapat kasi hindi bibilhin yan kung may naka annotate pa sa likod.. ibig sabihin may utang pa..at nakasanla pa yung lupa..  kung wala nang utang kailangan may bagong annotation na ni ca cancel na yung mortgage.. at wala nang utang..

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11 Re: cancel mortgage on Sat Jun 15, 2013 12:29 am

udmlaw


Reclusion Temporal
Goligoli - depende kung makumbinsi mo yung bibili na bumili ng lupa na my nakalagay pa sa likdo mna may mortgage kasi isa itong warranty na binibigay mo sa bibili na ikaw ang tangging nagmamay-ari ng lupa at walang problema ang lupa. Sa oras na nagkaroon ng problema, maaari kang habulin ng bumili at  hilingin na ibalik ang binayad sa iyo kasama na rin ang pag bayad ng danyos.

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12 Re: cancel mortgage on Sat Jun 15, 2013 7:20 pm

goligoli


Arresto Mayor
i see. nalilito lang po ako kasi may COS (certificate of sale) po kami at may nakalagay na "encumbered..." sa titulo. yung pong binili naming lupa is sherrif sale.

ang nakalagay po is "memoramdum of encumbrances"

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13 Re: cancel mortgage on Mon Jun 17, 2013 11:48 am

udmlaw


Reclusion Temporal
Gligoli - dahil po bumili kayo ng property na pambayad ng utang at korte ang nagbenta sa pamamagitan ng sheriff, may encumbrance po talaga. Instruction po talga yan ng sheriff sa inyo dahil responsibilidad na ninyo na "linisin" yung titulo po.

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14 Re: cancel mortgage on Mon Jun 17, 2013 11:54 am

Patok


Reclusion Perpetua
kaya nga ni sale yan kasi hindi nabayaran nung may ari.. depende sa usapan nyo... dapat sa sheriff mo itanong kung pano procedure dyan?

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15 Re: cancel mortgage on Mon Jun 17, 2013 8:17 pm

goligoli


Arresto Mayor
ok

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16 Re: cancel mortgage on Mon Jun 17, 2013 11:37 pm

kolokoy7949


Prision Correccional
Good Eve po sa lahat. Sa Titulo po ng Lupa or sa Land Title, may nakalagay po na Memorandum of Encumbrances. Ibig po sabihin,lahat at bawat galaw ng kahit anong transaction na may kinalaman sa nasasabing lupa,ay dapat na itala sa memorandum of encumbrances kahit po ito'y na Mortgaged, Release of Mortgage, Lost Title etc. Before the Registry of Deeds will just Stamped your Land Title to indicate the Released of Mortgaged. Nowadays, the RD or Registry of Deeds is using a new Form, called Philaris Form that bears the Entry of whatever transactions you had. If it is Release of Mortgage or Lost Title etc. Now, kung gusto mo ipatanggal yung mga Encumbrances sa Land Title mo, it will be another procedure.

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17 Re: cancel mortgage on Tue Jun 18, 2013 5:10 pm

goligoli


Arresto Mayor
thank you. punta na po ako sa RD para sa mga procedures.

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18 Re: cancel mortgage Today at 12:38 am

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