Results 22,041 to 22,050 of 37464
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Tsikoteer
- Join Date
- Mar 2008
- Posts
- 54,283
September 30th, 2018 10:27 AM #22041
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September 30th, 2018 10:35 AM #22042
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September 30th, 2018 12:30 PM #22044
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September 30th, 2018 01:10 PM #22045
How far is this inflation and overall instability taking us?
Am thinking of settling the 85% remaining balance of my installments on a lot before things get out of hand. Baka baguhin ni developer ang price.
In case of extraordinary inflation or deflation, whether official or unofficial, or devaluation of the Philippine
Currency during the effectivity of this Contract, the value of the Philippin eCurrency at the time of execution of this Contract
shall be the basis of payment in accordance with Articlerz5o of the Civil Code.The term extraordinary inflationshall occur
when the inflation rate reaches the level of fifteen(15%) percent as reflected in the official report of the National Economic
Development Authorityor itsequivalent institution, whiledeflationor devaluation shallmeanthe diminutionto the extentof
twenty-five(25%)percentin the valueof the Philippine Currency asreflectedin the BangkoSentral ng Pilipinas officialor
unofficial report. Insuchevent, SELLERmay,at itssoleoption: (a)Increase ordecrease theConsideration, andadjust theterms
of payment to reflecthe valueof the Philippine Currency at thetimethisContract wa***ecuted; or (b)Refundto BUYER,
withoutinterest, thetotalpaymentsmadethusfar.
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September 30th, 2018 01:32 PM #22046
Kawawa naman boss ko. He had to work non-stop until 4 am Sunday! And then he has to go to the airport in a few hrs for his vacation.
He messaged me at 1:30 am. Buti gising pa ko. Baliktad kasi ako pa mag sign off sa kanya e siya yung AVP lol
I really admire him because in spite of all the stress he never showed bad mood. He is so perfect. Baka kaya he has no hypertension kahit stressed siya.
We're still lucky though, better than being force retired
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September 30th, 2018 03:17 PM #22047
I don't think they can change that once you have signed a CTS / DoS. Can they?
I'd worry about loan rates. My contact inside the bank says cost of funds now is rising (ratio is already negative for some) and can't keep their loan rates as it is.
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September 30th, 2018 04:41 PM #22048
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September 30th, 2018 06:37 PM #22049
Sir fleas, that provision was actually lifted from the CTS I signed. I have all the permits and already posted bond to construct on it, I am now just choosing the right Contractor.
Then a post in FB about this sudden increase in interest rates gave me a jolt. Maybe i am just paranoid, but things look like an unusual event is just waiting around the corner to make inflation shoot up.
I thought, what have I got to lose, if I pay it now, less than 5k in total interest till it falls due July next year? And of course, a reduced budget for construction.
Oh well, first things, first.
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Tsikoteer
- Join Date
- Mar 2008
- Posts
- 54,283
September 30th, 2018 06:39 PM #22050
How about 97 LXi?
Civic horsepower