Migs and Alaine

Chronicles of a Happy Married Life

Tag: Covid19

Real Estate at the height of the Pandemic

2020 hit us really hard. Everyone was caught off guard even the biggest industries that we think are invincible, like Schools, shopping malls, entertainment, and even the food industry took a big hit. Covid 19 changed how people live their lives. The majority of the workforce lost their ability to go to work because public transportation also took a halt.

It took months before we started to learn how to adapt to the new normal. The BPO industry was the first one who recognized that the pandemic is not going away anytime soon, hence their decision to let their employees work from home. The work dynamics suddenly took a 190-degree turn. We suddenly don’t need to be near our workplaces just to perform our duties. This is where the real estate industry boomed here in our country.

People suddenly want to go as far away as possible from the big city. We will trade the bustling metro life for a quiet and peaceful day in a rural province as long as the internet is stable. For my family, we no longer feel the need to stay in a place where the risk of getting the Rona is higher. Since we are in the market looking for our forever home, we decided to look for a place where the grass is literally greener, Traffic is zero to minimal, and where the air will make our lungs happy.

Once we’re done with the list of what we look for in a home, we now start the grueling process of selecting the right one. Back in the day, finding a property is a lengthy and tedious ordeal. You either have to read the Sunday newspaper or go to the place where you think is good to settle and hope there are developments there. But technology made it a lot easier for us to find our forever home. From online listings, Realtors, developer’s website, even a mortgage calculator is now available online.

So, we started our search, looking in the most accessible place for new homes and/or rentals, the Facebook Marketplace. It may sound funny because it’s a social media platform, but it’s pretty handy when you’re trying to look for something. From food to houses, you name it.
If you are in the market for repossessed houses, Foreclosure Philippines is your go-to site. You can also just go straight to the PAG-IBIG website for the list of foreclosed properties. Though we didn’t go this route, I still recommend looking at foreclosed properties. They have the best deals.

The next move is identifying if you have enough money to pay in cash or do you need to finance your dream home. If you decided that you’re going to have to take a loan to afford that house, you’ll find a mortgage calculator very handy. There are a few local resources for that. Local banks have it. I also use an international calculator called MortgageCalculator.uk because it works. You don’t have to wait for the realtor/agent to answer all your questions about payment terms and other stuff. You can check affordability, payment schedules, and other things that you need to know before pulling that trigger.

We will be moving in the next few weeks. Can’t wait to live in a new peaceful place where we can watch our family grow outside the chaotic big city.

What are your plans this 2022? Let us know in the comments.


Project Ugnayan beneficiaries reach over 7.6 million people in Greater Metro Manila poor communities

Project Ugnayan, the fund-raising initiative led by top business groups in cooperation with the Philippine Disaster Resilience Foundation (PDRF), reached over 7.6 million people in the vulnerable communities of Greater Metro Manila. “As we close, we wish to reiterate our wholehearted thanks to all our generous donors for making this project possible. By coming together in a Bayanihan spirit so quickly, we were able to create a program of this scale and importance. This unprecedented assembly of so many of the country’s corporations and business families coming to the assistance of the most vulnerable in our society illustrates and speaks of the heart and generosity of the business community. Our special thanks go to the 10 Bishops of the Dioceses in Metro Manila, Rizal, Bulacan, Cavite, and Laguna, as well as to Caritas Manila under the leadership of Father Anton Pascual, and the network of Parish Priests, Volunteers, and Barangay Captains who distributed the gift certificates door-to-door in the lowest-income communities of Greater Metro Manila.

We appreciate the swiftness and efficiency of their work under very difficult conditions and over very long hours each day,” said Project Ugnayan Lead, Fernando Zobel de Ayala. “We are grateful for this opportunity to be part of this business community effort to help people in a time of crisis. This is a movement we should nurture as we prepare to let people return to work and to re-start our economy in the post-quarantine period.” said PDRF Co-Chairman Jaime Augusto Zobel de Ayala. “The unity in diversity demonstrated by Project Ugnayan reveals the private sector’s serious commitment to help our country recover from the lost economic momentum because of the pandemic. We are proud to be part of this extraordinary collaboration of industries which will prove most valuable in getting the economy back on track,” PDRF Co-Chairman Manuel V. Pangilinan said. According to Father Anton CT Pascual, Executive Director of Caritas Manila, the initiative earned praises from Archdiocese of Manila Apostolic Administrator Bishop Broderick Pabillo, San Pablo Bishop Buenaventura Famadico and other Prelates of the Suffragan Dioceses of Manila. The Prelates thanked the businessmen and private organizations who collectively help to make Project Ugnayan possible.

“The true spirit of Easter is about hope and has special significance in these difficult times. We thank all the generous benefactors of Project Ugnayan for this opportunity to fulfill a great mission of compassion for our vulnerable brothers and sisters. Your gifts have warmed their hearts and uplifted their spirits,” Father Pascual said. Caritas Manila’s Project Damayan, the project’s main distributor of emergency cash through P1,000 supermarket gift certificates has so far reached 1,070,854 families or 5,354,270 people. It is on target to deliver gift certificates to 1,366,495 families or 6,832,475 people by Wednesday, April 15 (the original end-date of the Enhanced Community Quarantine). ABS-CBN’s Pantawid ng Pagibig has reached 238,854 families or 1,194,270 people through food packs delivered through Local Government Units. They will reach a total of 631,921 families or 3,151,605 people by the end of their program. ADB and the Government’s Bayan, Bayanihan has delivered food packages to 13,370 families or 66,850 people through the Philippine Army and DSWD. ADB has provided funding to reach 80,000 families or a total of 400,000 people. Jollibee’s FoodAID program delivers ready-to-cook chicken to low-income families from its commissary through a network composed of Don Bosco, Caritas Manila, and the Samahan ng Nagkakaisang Pamilya ng Pantawid (SNPP). So far, they have delivered to 199,491 families or 977,455 people. They are targeting to reach 500,000 families or 2,500,000 people by end-April. “In sum, Project Ugnayan and its Partners have reached 1,522,569 families or 7,612,845 people in just over three weeks. This number will rise as all deliveries have already been programmed by the partners,” said Fernando Zobel de Ayala. The donors of Project Ugnayan are (in alphabetical order): Aboitiz Group, ABSCBN/First Gen, Alaska Milk Corporation, Alliance Global Group & Megaworld, AY Foundation & RCBC, Ayala Corporation. Bench/Suyen Corp, Bonifacio West Devt Corp. Carmelray Group, Cathay Land, Inc, Cebuana Lhullier, Century Pacific, Coca Cola Philippines, Concepcion Industrial, Consuelo “Chito” Madrigal Foundation, Inc., Daiichi Properties, DMCI Group of Companies, Dowell Container and Packaging Corporation, Far Eastern University, First Life Financial Company, Focus Global, Inc., Global Food Group, Glorious Commercial Exports, Inc., Gokongwei Group of Companies/Robinsons Retail Holdings, ICTSI, JAKA Group 1, Jollibee, J.P. Morgan, Kawit Prime Holdings, Inc., Leonio Group, Mercury Drug Corporation, Metrobank, Mumuso Group, National Grid Corp of the Philippines, New World Hotel, Nutri-Asia, Oishi/Liwayway Marketing Group, One Meralco Foundation, Penshoppe, People R People, PepsiCo/PepsiCo Foundation, Philippine Racing Club, Inc, PLDT/Metro Pacific Investments Corporation, Puregold, Ramon S. Ang & Family, RRK/Lee Jeans, Shang Properties Inc, SM/BDO, Sta. Elena Construction, Sugar Junction Inc., Sunlife of Canada, Super Prime Holdings, Inc, Supreme Steel Pipe Corp, The Alpha Suites Inc., Unilab, and Wilcon Depot.

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