The Handover: When Do I Actually Get the Keys?

The Most Important Question: “Kailan Ako Pwede Lumipat?” (When can I move in?) In real estate, “buying” and “moving in” are two very different dates. Pre-Selling: You buy now, you get keys in 2028 . Private Sale: You buy now, you get keys when the seller finally kicks out their cousin and clears the title ( 3-6 months ). The Auction Speed Lane Because PropertyAuctions.ph deals primarily with Green Tag (Consolidated & Vacant) assets, the timeline is compressed. The “Key” Timeline: Auction Day: You win the bid. Day 1-15: You submit the full down payment (or cash price) and sign the Contract to Sell (CTS). Day 16-30: The bank processes the clearance. Day 30-45: Possession Turnover. Why It’s Faster The house is already empty. The bank wants it off their books. They aren’t emotionally attached to the house. They have a department whose only KPI is “Turnover Speed.” If you need a house now , not next year, the auction block is your only real option.