Cebu BestHomes

Cebuana Pride Kai Montinola turns 18

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1 year ago | [YT] | 7

Cebu BestHomes

Kai Montinola our Cebu pride for Lazada

1 year ago | [YT] | 6

Cebu BestHomes

Kai Montinola
Our Cebu ‘s pride

1 year ago | [YT] | 4

Cebu BestHomes

KAIREN CUTEST PAIR soon Star Music PH
Proud of our Cebuana artist Kaisha Montinola

#KaiRen #PBBGen11

1 year ago | [YT] | 5

Cebu BestHomes

Pls vote our Cebuana Pride RAIN
on Maya App in her journey as PBB Gen 11 Big Winner

#BBSRAIN

1 year ago | [YT] | 2

Cebu BestHomes

Pls vote for our CEBUANA Pride Kai Montinola
in PBB GEN 11 as Big Winner

#BBSKAI

1 year ago (edited) | [YT] | 2

Cebu BestHomes

As A Cebu based Channel
Showing support to our two Fellow Cebuanas as
PBB Gen 11 BIG WINNER

Whoever wins to both of you we are proud of you
to support

#BBSKAI
#BBSRAIN

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1 year ago | [YT] | 2

Cebu BestHomes

IS A HOUSE AN ASSET OR A LIABILITY?

We shall start our discourse by defining what an asset and a liability are using generally accepted accounting principles. An asset is basically something of value that you own and is expected to provide some future economic benefit to you. Assets can be short-term or long-term. Short-term assets or current assets typically last less than a year. They may include things like cash, receivables, and inventory. Long-term assets or noncurrent assets are expected to last more than a year. They include things like property, plant and equipment, investments, etc. Assets can also be classified as intangible, like software and patents, or tangible, like vehicles.

Liabilities can be thought of as the opposite of assets. A liability is something you owe someone else and typically includes loans, mortgages, payables, etc. They may also be short-term or long-term.

So we can see that something we own from which we derive some benefit is an asset. A house that you own and live in and provides a safe space for your family is clearly an asset. Now, you may have a mortgage on the house, which means you have both an asset and a liability at the same time. Now, depending on the transaction terms, you may have a positive or negative equity in the house. For instance, if house prices drop and you still have a huge mortgage, you may end up with negative equity. Also, if interest rates go up and your mortgage payments go up, it may affect your day-to-day cash flows.

We now see why some financial gurus say that a house is a liability. The house you live in does not generate income, but you may be paying a mortgage on it. This makes a residential house a potentially bad investment. However, this does not mean that a house is not an asset.

Remember, investments are assets. You might have a loss-making venture, but nonetheless, it will be considered an asset from an accounting perspective, albeit with an impaired valuation.
The idea is to own a place to live without going broke. A modest house within your means is a wise investment and will pay intangible dividends to your family for decades to come. The decision to own a home should not just be based on economic factors. There are social and cultural reasons to own your own place. A house gives you a sense of accomplishment and belonging, which nothing else can do. Building or buying a house means you are grounded and ready to settle down. It is a significant investment in your community to build. It is a permanent address on this lonely planet. It is a haven of safety, peace, and the last dwelling place when all else fails.

So, true a house may turn out to be a bad investment if you build too big and borrow too much, but a modest house is definitely an asset. The alternative is to continue renting in peace without admonishing homeowners for making a “bad investment decision.”

1 year ago (edited) | [YT] | 2

Cebu BestHomes

4 BEDROOM HOUSE FOR SALE IN PACIFIC GRAND VILLAS 🏡

📍Location: Pacific Grand Villas, Subabasbas, Brgy. Marigondon, Lapu-Lapu City, Cebu

✅Price: 12.8M Net buyer shoulder all taxes and transfer charges
Payment Terms: Cash or Bank Financing

Details:
✅️ Titled property inside a high-end subdivision
✅️ Floor area: 140 sqm
✅️ Lot area: 129 sqm
✅ 4 bedrooms
✅️ 3 bathrooms
✅️ Spacious kitchen with quartz countertop
✅️ High ceiling living room
✅️ Garden landscaping
✅️ Tiled front porch and parking area for 1 car
✅️ Gated
✅️ Modern light fixtures

Conveniently located just minutes away from major business establishments:
👉Mactan Export Processing Zone (MEPZ)
👉Hospitals
👉 CCLEX
👉 Schools
👉 Banks
👉 Mactan-Cebu International Airport
👉 Famous resorts & beaches
👉 5-star hotels (Shangri-La Hotel, Waterfront Hotel, Plantation Bay, etc.)

📣For more inquiries send me message or contact
Arlene Jugalbot
09053080579
YDH Realty Services Inc

#eleganthouseforsale
#houseforsale
#houseforsaleinlapulapucity
#HouseAndLotForSale
#HouseAndLotForSaleInLapulapuCityCebu
#mayorahongchan

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1 year ago | [YT] | 0

Cebu BestHomes

WELCOME TO CEBU CITY Palarong Pambansa 2024 - Cebu City DELEGATES! 🇵🇭🏆🏅🏟️

Cebu City's architectural marvels lights up with the colors of the Philippine Flag in support to all Palarong Pambansa 2024 athletes, coaches and support staff. It aims to inspire a sense of pride and unity among Filipinos. Best of luck to all players and have a great time here in Cebu! 🙌🏻💙❤️

📍SM Seaside City Cebu (Official)
📍Cebu-Cordova Link Expressway
📍NUSTAR Resort

📸: The Island Nomad | Follow for more updates!

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1 year ago | [YT] | 0