Valuation of Real Properties

SEN. Panfilo Lacson is proposing for a uniform valuation of real estate properties in the Philippines.

During a recent consultative hearing on the matter in Cagayan de Oro City, Lacson observed that the Philippines has no uniform valuation of real properties unlike in countries such as the United States.

“If one is in San Diego for example and if you want to buy a piece of land, you can easily determine the value of the property. Here, you have to ask a real estate broker,” he said.

Town and city assessors from all over Mindanao were present in the consultations to discuss and deliberate the matter.

Under his proposal, Lacson suggested to establish and maintain valuation standards to govern the valuation for real property in the country by adopting the market value as the single real property valuation base for their assessment.

Market values will be determined through the enactment of ordinances in the respective localities.

Its implementation in all local government units in the country will then be supervised by a new government agency to be created, the National Valuation Authority which will have regional offices in all 16 regions in the country.

With that, local government units are also required by then to update their real property database.

A uniform real property valuation in the Philippines pushed

Medifast – American alternative to a Mediterranean diet

PEOPLE in the United States are now health-conscious nowadays. With the advent of such movie documentaries as Super Size Me, people in America have now realized that the number of their obese people increase and increase everyday while their counterparts in Europe are getting healthier many thanks to a very efficient Mediterranean diet.

And so, various diets are mushrooming up everywhere in the US. One of these is Medifast. Question is, how do we know which particular diet exactly works? The first clue is to look for the name of the diet. We can deduce in Medifast that it is in itself a Mediterranean-inspired diet. And fasting once in a while can certainly cleanse the body of unwanted toxins. So therefore, Medifast may be the best diet of them all. But don’t just take my word for it. The following is the description of a typical Medifast diet.

A typical four-week Medifast package for men which costs a very affordable $299.50 consists of 49 shakes, 42 bars, 14 oatmeals, seven scrambled eggs, 14 soups, seven chocolate puddings and seven cappuccinos. At first glance alone, one can already conclude that the nutrients and calories in this diet are roughly equivalent to a European Mediterranean diet.