OFW buyers

The name on the contract should be the person who will own the property. If a spouse or a parent will sign in the Philippines, they need a special power of attorney that the developer and, later, the Registry of Deeds will accept. A chat message is not that document.

A special power of attorney signed overseas generally has to be notarized and then apostilled, or consularized at a Philippine embassy or consulate, depending on the country you are in. Ask the developer which form they actually use before you take a day off work to queue.

Many OFWs use a Pag-IBIG housing loan for the balance and pay the equity themselves. Membership and contributions have to be in good order. The loan is not approved because a website calculator produced a monthly number. Read the Pag-IBIG guide, then confirm the current matrix with Pag-IBIG.

Pay the developer named in the reservation agreement, into the account printed on their official instruction, and keep the receipt. A broker can explain the schedule. A broker should not ask you to send the reservation to a personal e-wallet.