Investing big for the future is more relevant today than ever before. While setting your sights on that brand new car, condo, or built-from-the-ground-up home is well and good, the most practical thing for a lot of people nowadays is looking into the classifieds sections for quality pre-owned stuff.
But the truth of the matter is that there’s always a catch on the consumer’s part when investing on a pre-owned car or property. The most prevalent of which is the ownership history of the unit. This, of course, brings up a number of questions...
Was the vehicle previously used for dubious activities, or does it have a long list of traffic violations (as per the 2019 MMDA No-Contact Apprehension policy wherein driver violations are tagged on the vehicle’s Land Transportation Office records)? Was the house or condo unit acquired legally, or was it a criminal hide-out at some point? Safety, security, and legal matters like these do come to mind.