After asking for a copy of the auction guidelines, I received instead a copy of the CONDITIONS OF SALE for the UCPB auction of foreclosed properties on November 29, 2008. I advice interested bidders to carefully read all the provisions in the CONDITIONS OF SALE which I pasted below prior to the auction date.

It would be better to read this now and raise any questions you may have prior to the auction right? Read on…

Read the rest of this entry

Last week, I felt disappointed because I found out that all of the small condo units (22 sqm) in the upcoming UCPB auction were already sold out, even if the auction was still 3 weeks away. It turns out that Century Properties Management Inc. (CPMI), the one handling the auction for UCPB, had accepted pre-auction offers with 5% markup on the minimum bid price. Read the rest of this entry

Now you have a list of foreclosed properties but then you may be asking yourself, “Why Foreclosed Properties?” I found this very enlightening article about foreclosed real estate. Read on… Read the rest of this entry

I have here a certified list of tax delinquent real properties from the city of San Juan. This list is updated as of September 2008.

If ever they do push through with a public auction, I hope it would be as organized as the recent Marikina Public Auction of Real Properties with Tax Delinquencies . Read the rest of this entry

Pamaskong Handog Auction Sale will be held on December 6, 2008, 9:00am, at the Jade palace, 106 Shaw Blvd., Kapitolyo, Pasig City.

Selected Properties at reduced Prices

Affordable Installment Rates

Downpayment as low as 10% for eligible buyers

Show Money is Php25,000 cash or MC per property

I noticed some properties are from RCBC’s list of acquired assets and they really are at reduced prices!

Download Pamaskong Handog Auction Sale Listing Here!

Happy investing!

What: RCBC Public Auction – Mega Manila & Luzon
When: November 22, 2008, Saturday, 9:30am
Where: Podium 4 Lobby, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, Philippines

As low as 10% Down Payment
Balance payable in 10 years, fixed interest rates(call for details)

Php25,000 Show money per property, Cash or MC

See listing on the left for more details! You can either click the link to zoom in or right-click and save the file on your computer.

Subscribe to my mailing list on the right if you want to be updated through e-mail if I post any new listings.

Happy Investing!

What: CBRE Public Auction of Foreclosed Real Estate
When: December 9, 2008, Tuesday, 2:00pm
Where: Penthouse, B.A. Lepanto Building, 8747, Paseo De Roxas, Makati City, Philippines

Financing available! As low as 10% Down Payment
Properties at very low prices!
Show Money: Cash or Manager’s Checks : Php25,000

See listing on the left for more details! You can either click the link to zoom in or right-click and save the file on your computer. I compressed this as the original was way too big for me to upload. If you want to have a copy of the original which is clearer, just send me an e-mail at ph.investor@gmail.com.

Subscribe to my mailing list on the right if you want to be updated through e-mail if I post any new listings.

Happy Investing!

My wife and I along with fellow real estate investor friends attended a Tax Foreclosure Auction in Marikina City last November 13, 2008. Although I did not win the bidding for any of the Marikina tax delinquent properties that I was interested in, the time was well worth it as I had learned so much from the experience. I would like to share with you what we learned. Read the rest of this entry

UCPB’s most awaited public auction will be held on November 29, 2008 at 11th Floor, UCPB Bldg., 7907 Makati Avenue, Makati City, Philippines.

10% Downpayment

11% Interest

10 Years to pay

Click here to download the UCPB Listing of foreclosed properties for public auction.

Show Money is Php25,000.00 per property

Happy Hunting!