Human settlements dept warns of scammers in real estate industry

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The Department of Human Settlements and Urban Development (DHSUD) is calling on all housing stakeholders, particularly local government units (LGUs), to synchronize their efforts in running scammers in the real estate industry.

This, after DHSUD Secretary Eduardo Del Rosario received report that an ongoing massive development project in Baguio City has no permit from the LGU and not registered with DHSUD-Cordillera Administrative Region.

The housing czar immediately ordered an investigation of the project and warned of the issuance of cease and desist order, if necessary, against the developer of the property that was very visible from the Luna Terraces Permaculture Community he inaugurated on Wednesday along with Baguio City Mayor Benjamin Magalong.

“We must report scammers. We must report illegal construction of any housing project and we must report brokers and salespersons without license or permit to be brokers or salespersons,” Del Rosario said.

According to the DHSUD chief, illegal projects pose dangers from the use of substandard materials and fraudulent titles or documents.

The housing czar stressed that DHSUD has an ongoing intensified campaign against real estate scammers or “kolorums” to protect unsuspecting real property buyers from being victimized.

He also the general public to immediately inform the department and the concerned LGU about bogus real estate and housing projects.

 

Del Rosario reiterated that all housing projects under the administration of President Rodrigo Duterte are of good quality.

“Let me assure you that all housing units and projects under the Duterte administration are of good quality yet affordable,” he stressed. CURRENTPH


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