Why Property Buyers Must Do Due Diligence Before Buying a Property in the Philippines
Why Property Buyers Must Do Due Diligence Before Buying a Property in the Philippines
By: Realtor Samuel Lao
Buying real estate is one of the biggest financial decisions a person can make—and in the Philippines, it’s also one of the riskiest if you skip the due diligence process.
Too many buyers jump into deals because of attractive prices or smooth-talking sellers, only to discover legal problems, unpaid taxes, or even worse—fake titles and ownership disputes.
Here’s why due diligence isn’t just a step in property buying—it’s your strongest protection.
1. It Confirms Legal Ownership
Many cases have been reported where properties were “sold” by individuals who weren’t the rightful owners. By doing due diligence, you can verify the Transfer Certificate of Title (TCT) with the Registry of Deeds and ensure the name on the title matches the seller.
2. It Exposes Liens, Mortgages, or Disputes
A property might have unpaid loans, mortgages, or pending court cases that you don’t see upfront. Proper checking reveals if the property is truly “clean” or if you’ll inherit legal headaches the moment you buy.
3. It Clarifies Taxes and Fees
Imagine paying millions for a property, only to learn the seller hasn’t paid real property tax for years. Due diligence helps confirm tax clearances and ensures you won’t be blindsided with extra expenses.
4. It Ensures You’re Getting What You Paid For
Sometimes the property size, location, or boundaries don’t match what’s on the title. Through due diligence, you can check the lot plan, subdivision plan, and tax declarations to confirm you’re paying for exactly what’s being sold.
5. It Protects You From Scams
Real estate scams are on the rise—fake titles, “rush sales,” and even double-selling of land. Careful due diligence (and working with a licensed real estate broker) drastically lowers your risk of becoming a victim.
6. It Gives You Peace of Mind
When you’ve done your homework, you can proceed confidently knowing your investment is protected and your ownership will be hassle-free for years to come.
The Bottom Line:
Doing due diligence may take time and effort, but skipping it can cost you your entire investment. Always check titles, verify documents, and work with professionals before signing anything.
For more information, guidance, and trusted assistance in buying and selling properties, contact:
Samuel O. Lao & Associates
+63 917 323 6123 (Mobile | Viber | WhatsApp)
Disclaimer: This blog is for informational purposes only and does not constitute legal advice. Buyers are encouraged to consult with licensed brokers, lawyers, and government offices for verification before making any property transaction.
