This is the scenario:
You owned a real estate property (land) and you got a loan (borrow money) from a friend or lender. You made your real estate property as the collateral of the loan. In other words, you mortgaged your property.
But this one question always tickles your mind: "Can I get the real estate property back to me as an owner if it has been mortgaged for a long period of time?"

The answer is a big YES. You might feel hopeful. But there are conditions you should take note. You can only get your property back if:
- It's not stated in the mortgage agreement that the property will be foreclosed after a period of time.
- It's not stated in the mortgage agreement that the property ownership will be transferred to the lender (nagpautang ng pera) if loan is not paid after a period of time.
- It's not stated in the mortgage agreement that unpaid dues have incurred interests. This interests if piled up might ballooned into an amount you cannot afford to pay any more.