December 12, 2014

Lessor Lessons #3

Leasing a property is really not for the faint of heart. And I think I am becoming a bad person because of my tenants. I have resorted to cajoling, teasing and threatening, in any order.  My tenants are 2 months late again in paying their dues, and I just another go with both of them, the husband and the wife! It is just impossible to reason with them! Their excuses run from being lame to totally being unbelievable.  Its's either they are paying for a motorcycle, they are selling a piece of land in the province, or the boss forgot that his salary was due! And they had the nerve to ignore my calls.  They only paid when I threatened them to look for another place to stay!

Hay, I don't see this relationship going anywhere nice in the future.

October 3, 2014

Can You Ask Rebates for your Skybroad Subscription When There is No Signal?

Can you ask for rebates on your Skybroadband when there is intermittent or no signal? The short and simple answer is yes, based on my experience.  Last month, we had very poor or no signal at all for a whole week.  When I called the service hotline at 381-000, I heard this announcement that there is an ongoing repair or something in our area.  When I talked to the customer service representative, I said I want it put on record that I called because we were having this difficulty, and that I will call again in a week that I would ask for a rebate because of this.  When I called again the following week, I checked if may earlier call was logged, and was advised that it was, and then I asked for a rebate.  I was told that a week would be deducted from my bill.  When I received my bill, I was still billed for the full amount so I called again.  I was advised that based on their record, the full week was deducted from my bill, but was not reflected on the bill because it was printed already when I called. So I will just pay the lesser amount come my due date on the 5th of the month.  

So, the moral of the story is to document your complaints, and be vigilant about your bill.  If I have forgotten about it, or just let it go, then I would have to pay the full amount.

September 22, 2014

Pag-Ibig Calamity Loan for Typhoon Mario

Some of you may be wondering how to avail of the Calamity Loan from Pag-Ibig, especially after Typhoon Mario, so here is how:

Who are eligible?
The calamity loan program is open to any Pag-IBIG member who:
  • Has made at least 24 monthly savings;
  • Is an active member with at least 5 monthly savings for the last 6 months as of month prior to the date of loan application; and
  • Resides in an area which is declared by the Office of the President or the Local Sanggunian concerned as under a state of calamity. If the member has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of date of loan application.
If the member has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of the date of the loan application.
How much can one loan? 
  • An eligible member may borrow up to a maximum of 80% of his Total Accumulated Value (TAV) subject to the terms and conditions of the program.
  • The current interest rate for the Calamity Loan is 5.95% per annum.
What is the payment period? 
  • The Calamity Loan is amortized over a period of 24 months with a grace period of 3 months. Said member shall start paying his loan on the 4th month following the date of his DV/Check date.

Can a member still avail of a Calamity Loan even if he has an outstanding MPL/Calamity Loan? 
  • Yes, said member may still avail of a Calamity Loan subject to certain conditions. In no case, however, will the aggregate short-term loan (MPL and Calamity Loan) exceed 80% of the borrower’s TAV.
  • If, in addition to an outstanding MPL, the member also has an outstanding calamity loan in the amount of P2,000, in the example above, the member is still granted a new calamity loan of P3,000 but will only receive P1,000 because the P2,000 will pay off the existing calamity loan balance. This means that at any given time, a member can have both MPL and calamity loan, but only one calamity loan.
Until when can an eligible member avail of the loan?
  • Eligible borrowers must avail of the Calamity Loan within a period of 90 days from the declaration of a state of calamity.
What are the documentary requirements for the loan application?
  • Completely filled-up Calamity Loan Application Form (download here)
  • Photocopy of at least 2 valid IDs
  • Proof of Income
  • For formally employed members, duly accomplished Declaration of Being Affected by Calamity (download here)
Where can one apply for a loan
  • The borrower may submit his requirements to any Pag-IBIG Office nationwide. For inquiries, Pag-IBIG Fund’s hotline is open 24/7 – (02) 724-4244. E-mails can be sent to



Last September 19 felt almost like Ondoy in 2009, but thankfully, we were spared this time! The flood water also rose, but did not reach inside the house despite the incessant rain. Even our house in Montalban was spared but my tenant had to evacuate just to be sure.  Thank God that everybody was okay.

July 4, 2014

DIY Queen

Gleaming Green Cabinets!
Last Wednesday was Pasig Day and I had a day off from work. Instead of just lie around the house and watch TV like I would very much like to do, I had the sudden itch to paint our kitchen cabinets. So off I went to the hardware store, bought wood paints and a brush and I spent the whole day painting both kitchen cabinets. And the result was beautiful! I just love how it turned out!  I wanted to finish painting the whole kitchen but it was almost 5pm and the kids will be arriving from school.  And Inay and I had to put everything back again and discard a lot of junk! Spring cleaning in the middle of the week!

So how did I do it, I just take out all the stuff in the cabinet, clean it all of dirt with a broom and started painting until I was done! It was so easy I can do it everyday, hahahaha! It's just the putting the stuff back and the cleaning that gets to me. Good thing my Inay was as excited as I was.

It was very tiring indeed, but it was very rewarding! I will buy a lighter shade of green for the kitchen walls that I will paint over the weekend. Yep, I am a office girl by day, and a DIY queen at heart!

June 27, 2014

My First "Tombstone"

Apologies, I can't seem to rotate the image!
This is my first "tombstone" or deal toy for a transaction I helped with at work. A deal toy, or "tombstone" in the finance and investment banking world, is a customized lucite trinket which is intended to mark and commemorate the closing of a business deal, according to Wikipedia.  

It is now much, but I still feel thrilled finally have one of these on my desk.

June 20, 2014

Should I Take Out A Bank Loan to Pre-Pay My Pag-Ibig Loan?

I have a Pag-Ibig housing loan payable for 15 years.  We are now on our 10th year, and I am seriously thinking of taking out a bank loan to pre-pay the balance.  I can get a very good rate for the bank loan since it will be on an affiliate of my employer.  Since the amount being deducted from the principal of the loan is only 1/8 of the monthly amortization, then I think I can save a lot.  The only problem is if I can afford the deduction from my monthly take home pay.  Hmm, I will have to create a spreadsheet with this and I will tell you how much I can save if I do this.  I will update this post soon.

May 22, 2014

Lessor Lessons #2

As mentioned in my earlier post, we are now on our second lessee who I had hoped was better than the previous one. I learned before not be too gullible because we lost some money on our first lessee.  For the next one, I asked for the 2 months deposit, and they requested not to have any more advance payment as they promised to pay right away in a month, and I agreed.  This is where lesson #2 comes in: Do Not Be Too Lenient.  They are now on their 6th month, and all their payments except for one has been delayed. As of this writing, I have only a promise of payment for the month of April this Monday, and for the month of May, on June 1.  I had a heavy texting session with the lessee yesterday and I told them to look for another house if they can't pay on time. I also checked, and their utility bills for April have not been paid.  I will stand to lose more than P5K if they will just up and leave, since I will have to pay those bills but I would rather do it now than later. Anyway, I will wait until Monday (did I say not to be too lenient???) and see how this goes.

This is really not turning out to be as easy as I thought it would be :(

April 8, 2014

What Food to Bring for Summer Outing

Food for Summer Outing!
We love summer outings!I don't know how to swim but you can't keep me off the water especially during summer.  Okay, I hate the crowd but I love my kids more so we have 2-3 outings per summer.  Anyway, as much as I love it, I hate the hassle of preparing food for swimming so we mostly just go for grilled food. The picture above show what we prepared last Saturday for our overnight swimming at 1489 Cableway Resort. Actually, the macaroni and the Bopis were cooked by my brother-in-law. Not in the picture are the barbecue and Tilapia and Bangus for grilling, and the salted egg with tomatoes. I usually prepare easy to cook food and those that will not spoil easily.  

I would suggest the following dishes as we always have them:

  • Hotdog and or Barbecue
  • Tilapia or Bangus or Tuna Bangus
  • Liempo or Pork chop
  • Adobo
  • Sinigang
  • Salted egg and tomatoes
  • Grilled eggplant and tomatoes
  • Bagoong

Anyway, these are just some of easy to prepare dishes for summer outing that will not leave you too tired to enjoy swimming!

January 20, 2014

One Reason to Love the Weekend!

Aside from being away from our office computer and doing stuff for work, one of the reasons why I love weekends is the merienda.  We either cook our own, buy bread from the bakeshop or from our kapitbahay. And for this weekend, we had Mango shake after Church, and Karioka and Camote Fries after lunch.  Yup, no diet on weekends! And it was worth it, hahahah! Yummy!

January 15, 2014

Lessor Lessons # 1

Remember when back in September we had our first lessor in this house? Well, we had our first lesson: Do Not Be Gullible. I had a bad feeling about those tenants when they first moved in because they were in such a hurry.  The guy said that he wants to move right away even if our things were still in the house because he has to go to Davao and he wants to leave his family settled at the house first.  He paid the 2 months deposit and one month advance that we require right away.  Unfortunately, that was the only payment we got from them! He also paid for the balance of the payment for the dining set after deducting the cost to us, but when they left, they took more stuff from us that we left in the house such as the stereo, estante and electric fan. And they left 2 months worth of unpaid utility bills! But whenever I feel bad about what happened, I just think that we are still lucky that the house was still intact (except for 2 broken windows and shower head) because the guy was apparently a con artist! He actually left a host of loans and unfinished paid projects (he was a contractor) and even managed to swindle a construction supply owner some P65K worth of materials.  Yes, I am actually thankful that they are gone!

For our current lessee, I hope that this will not happen again.  They were actually recommended by the neighbor who looks after the house for us so I hope we will not have any problem this time!