Wednesday, February 19, 2014

Olivia, will you marry me?

Ang misteryo sa'kin dito ay yung bakit apektado ang karamihan ng tao.
May nakapagtanong na sa'kin kung lumalabas ba ako ng bahay at wala akong pakialam and/or alam sa "misteryong" ito.
Na parang napaka-walang kwenta kong tao dahil sa apathy ko sa hinayupak na billboard na to at sa bagong pelikula ni Piolo.
Mga biktima ng media ang mga naging "curious" dito.
At pasensya kung sa mas importanteng bagay ko tinutuon ko ang pansin ko kesa sa billboard na ito.

Olivia billboard mystery solved
MANILA, Philippines -- Mystery solved, and Olivia said yes.
The "Olivia, will you marry me?" billboards are part of a marketing campaign for Pioneer Woodlands condominium in Mandaluyong.
A new billboard appeared on EDSA that says, "Olivia Said Yes! So we bought our first investment together at Pioneer Woodlands Mandaluyong City."
On the week of Valentine's, mysterious pink billboards with the words "Olivia, will you marry me?" popped out accross main thoroughfares in the metro. Also written on the billboards were the numbers "21414," that many assumed to be Valentine's or the proposal date.
It turns out, "21414" refers to the weekly price of a unit in the said condominium. "For as low as P2,141.4/week," said the new billboards that recently popped out.

Sunday, February 16, 2014

Cross that out (Part Trois)

Read the first part so you'll be able to understand the whole process. Part One is here and Part Two is here.

And so, for the final steps

9. Releasing of the cheque. BDO texted us that the cheque is ready for release.

Upon providing the seller with the down payment in item no. 7 (in Part two of this trilogy), we prepared an acknowledgement receipt, two copies, one is seller's copy and another buyer's copy.

This is what the bank required from the seller to provide to claim the cheque. And a valid ID/

10. Bringing home of our car. And so, we went to the seller's house, and gave her two boxes of Tipas Hopia (optional) and finally brought home our car!

Next on our agenda were:

  • Giving the car a name
  • Buying a car cover (since our garage isn't covered)
  • Duplicating the car keys
  • Photocopying the OR, CR, Deed of Sale and payment acknowledgement documents.
  • Smile. We are now car-owners!

Sunday, February 09, 2014

Cross that out (Part Deux)

Read the first part so you'll be able to understand the whole process. Part One is here

6. Providing Bank with necessary documents. Now you need to bring to the bank the documents obtained after the transfer of ownership.They advised us that a car history check will happen, this will take about 3 days and finally advised we pay the down payment to sellers, as they will release the cheque in 3 to 7 working days.

7. Paying down-payment. BDO only allows to pay 70% of the total cost, so the 30% less the earnest money, we provided the seller -- in cash as we don't have a chequing account.

8. Getting a Comprehensive Insurance. After three days, the bank loan officer asked us about insurance. This is where it got a little confusing. The sellers bought TPL insurance in LTO, but what the bank needs is a Comprehensive Insurance with Acts of Nature included. They advised us to get one as the TPL cannot be used at this point.

Being the busy office people that we are, the first thing we did was go to the internet to search for an Insurance. I contacted MAFPRE and followed Standard Insurance's online car insurance auto-calculator for a quotation. Standard Insurance provided lower rates (lower by PhP 5,000), so it was the obvious choice.

For a less than 2-year old car with 3K km on it's mileage, Standard Insurance priced the insurance at Php 11,000. We settled payment online through credit card and the insurance policy was sent through email. They, however, needed to create another version of the policy which has the mortgagee's name (BDO). They asked us for the mortgagee's name and address to include in the insurance policy and asked as well if we want to send the policy to the bank by ourselves or alternately, they can send it. So we let them send it to the bank, one off our plate.

Another 5 working days passed since we sent the bank the Transfer of Ownership documents. Total days, 28 days.

As of 2:33 pm today, this is how far we've gone. I'll post on the final steps again maybe next week. Part 3 is here.