Ways to prevent your home from getting ‘repossessed’

TESSA Salazar talks to an industry legal expert who shares at least 15 ways to prevent your home from getting repossessed.

Mike Denava, a legal officer of the Housing and Land Use Regulatory Board, noted that about 50 percent of buyers of house and lots and condominium units had admitted they could no longer pay their monthly amortizations or were dissatisfied with particular aspects of the project, and were asking for refunds of their payments.

He added that some of these callers were overseas contract workers who could no longer find jobs abroad.

Denava has enumerated the following 15 reminders to potential property buyers:
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