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  1. Join Date
    Jul 2009
    Posts
    2,618
    #71
    Quote Originally Posted by killerant00 View Post
    Mukang yun na nga lang nakikita naming option.. Sana mahanap pa and sana makipag cooperate.. Hays.. Salamats sir
    medyo ot but just throwing it out there. kun hindi good terms why not use a padrino na ok ang relationship with both parties? it might not be the best option for everyone but might work in your case.

  2. Join Date
    Apr 2014
    Posts
    473
    #72
    Sa mga magaassume ng mortgage, please verify with the bank if they allow assumption of mortgages. One needs to obtain the bank's consent if your are going to sell the vehicle to another person. I recently obtained an auto loan from PS Bank, kasama na Undertaking not to sell the vehicle to another person without its consent.

    A little due diligence will save one a lot of headaches.

  3. Join Date
    Mar 2008
    Posts
    52,517
    #73
    Quote Originally Posted by fireice2 View Post
    Sa mga magaassume ng mortgage, please verify with the bank if they allow assumption of mortgages. One needs to obtain the bank's consent if your are going to sell the vehicle to another person. I recently obtained an auto loan from PS Bank, kasama na Undertaking not to sell the vehicle to another person without its consent.

    A little due diligence will save one a lot of headaches.
    dapat talaga siyasatin!

    and even without that rider clause,
    without the bank's written consent, and you assume mortgate ("pasalo"),
    once the payments are completed,
    the bank may release the mortgate to the original holder and not to you.
    kasi naman, "you are a non-entity to them".
    Last edited by dr. d; February 28th, 2022 at 11:40 AM.

  4. Join Date
    Nov 2010
    Posts
    24,726
    #74
    Quote Originally Posted by fireice2 View Post
    Sa mga magaassume ng mortgage, please verify with the bank if they allow assumption of mortgages. One needs to obtain the bank's consent if your are going to sell the vehicle to another person. I recently obtained an auto loan from PS Bank, kasama na Undertaking not to sell the vehicle to another person without its consent.

    A little due diligence will save one a lot of headaches.
    Ayaw ng banko na basta-basta ipasa kasi yung dahilan kaya naka-loan eh credentials nung original debtor. Siyempre most probably hindi nila kilala mag-aassume kaya need ng consent nila. Baka mas sablay yung papalit at walang collateral or other properties na pwede habulin if ever magkaproblema kasi eh.

  5. Join Date
    Jan 2016
    Posts
    6,614
    #75
    Quote Originally Posted by Ry_Tower View Post
    Ayaw ng banko na basta-basta ipasa kasi yung dahilan kaya naka-loan eh credentials nung original debtor. Siyempre most probably hindi nila kilala mag-aassume kaya need ng consent nila. Baka mas sablay yung papalit at walang collateral or other properties na pwede habulin if ever magkaproblema kasi eh.
    Which means para pumayag ang bank, kailangan mag submit ng financial requirements ang mag-aassume and they will have to spend for the background check, in short mahirap pumayag ang bank unless maganda financial standing ng mag-aassume at willing sya to shoulder related costs.

  6. Join Date
    Oct 2002
    Posts
    40,038
    #76
    Quote Originally Posted by fireice2 View Post
    Sa mga magaassume ng mortgage, please verify with the bank if they allow assumption of mortgages. One needs to obtain the bank's consent if your are going to sell the vehicle to another person. I recently obtained an auto loan from PS Bank, kasama na Undertaking not to sell the vehicle to another person without its consent.

    A little due diligence will save one a lot of headaches.
    Hinde naman talaga pwede. Hinde pa sa kanya kotse.

    Talo yun sasalo dahil nahuhulog siya for brand new para sa second hand na car eh di sarili na lang siya mag loan.

    Kakatakot din sa magpapasalo paano kung hinde bayaran yun monthly eh di sya nasira.


    Sent from my iPhone using Tapatalk

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Fully paid car but bank wouldn't release documents