Quote Originally Posted by ray_noel View Post
Hi sir, how hassle po ba yung pag process ng release ng encumbrance? I fully paid my ecosport and plan to sell it pero di ko pa na process ang encumbrence.

My friend in casa told me that it would only cost around 2k and i can just offer less 5k for them to process the removal of encumbrance...

Hirap kasi nito, sa cebu ko na acquire ang loan so sa cebu ko din ipaprocess sa registry of deeds and im in bohol... grrr...


Sent from my iPhone XS Max using Tapatalk
Hassle sya in terms of coordinating with different entities like the bank and the Register of Deeds. Pabalik-balik ka pa minsan if hindi maayos yung mga kausap. And like you mentioned, malayo pa yung dadayuhin ng buyer just to get the encumbrance cleared if same area kayo nakatira.

If willing yung buyer to work on it, then it's all good. Personally, I find it too much of a hassle and I would just ask the seller to finish all the paperwork beforehand.

Sent from my SM-G960F using Tapatalk