Filed under Acquired assets, Banco De Oro by Jay on March 30, 2009 at 12:15 am
6 comments
I just got hold of Volume 1-2009 of the BDO Asset Magazine which is a semi-annual publication of the BDO Asset Management Group that features BDO bank acquired assets which includes prime real estate assets for sale covering residential, commercial, industrial, and agricultural properties nationwide.
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Filed under Foreclosure Buying by Jay on March 25, 2009 at 11:23 pm
14 comments
Terence Ong of Real Estate Philippines News Blog came out with this great article on How to Choose: PRE-SELLING vs FORECLOSED vs SECONDARY PROPERTIES where he created a chart that shows what one should expect when buying pre-selling , foreclosed, and secondary properties, in terms of quality, availability of use, price per square meter, payment [...]
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Filed under RobinsonsBank by Jay on March 23, 2009 at 9:47 pm
8 comments
RobinsonsBank shall be having a public auction on March 31, 2009, Tuesday, 10:00 A.M., at the 17/F Galleria Corporate Center, Edsa cor Ortigas Avenue, Quezon City, Philippines.
The properties for sale through public auction consists of 1-Storey row houses located at Southsquare Village, General Trias, Cavite.
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Filed under Foreclosure Buying by Jay on March 21, 2009 at 11:00 pm
9 comments
I have started this Frequently Asked Questions or FAQ about foreclosed properties for the benefit of visitors who may be looking for answers to questions that have already been asked in the past. This is a work in progress and I shall regularly update this FAQ with new questions and answers from the comments section [...]
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Filed under Due Diligence, Foreclosure Buying by Jay on March 18, 2009 at 9:44 pm
46 comments
Have you ever tried calling up a bank to inquire about a foreclosed property that interests you and you found yourself forgetting a lot of questions that you were supposed to ask? You then quickly say thanks and just hang up but when you finally compose yourself and remember what you wanted to ask, you [...]
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Filed under RCBC by Jay on March 15, 2009 at 10:15 pm
9 comments
RCBC Savings Bank shall be having a public sealed bidding of properties in the Cavite area on March 25, 2009, Wednesday, 10:00AM, at the 12/F Yuchengco Tower, RCBC Plaza, Ayala Avenue corner Buendia, Avenue, Makati City. Properties are for sale in an “AS IS, WHERE IS” basis.
All bids must be submitted with the following:
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Filed under Real estate investing by Jay on March 15, 2009 at 2:30 am
10 comments
If you are new to real estate investing, you may often encounter acronyms when skimming through classified ads, while discussing with banks/brokers/other seasoned real estate professionals, or even while driving past a house that has a for sale sign.
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Filed under RCBC by Jay on March 12, 2009 at 12:01 pm
4 comments
If you are looking for foreclosed homes for sale, you just might find what you’re looking for in the post-auction foreclosure listing of RCBC Savings Bank. This foreclosure listing includes unsold properties from their recent Dream Buys Auction Sale held last February 28.
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Filed under Acquired assets, Foreclosed properties by Jay on March 9, 2009 at 10:00 pm
2 comments
Unionbank shall be having another special public auction of foreclosed properties on March 28, 2009, Saturday, 9:00am, at the Delas Alas Room, 2nd floor, Philippine Columbian Sports Club, Plaza Dilao, Paco, Manila, Philippines.
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Filed under Real estate investing by Jay on March 6, 2009 at 11:32 pm
14 comments
The book Rich Dad Poor Dad by Robert Kiyosaki was the book that started it all for me, it made me decide to become a real estate investor and it also inspired me to take action and start my journey to financial freedom. If you haven’t read the book yet, I would like to share [...]
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Filed under Creditable Withholding Tax, Real Estate Taxation by Jay on March 4, 2009 at 11:00 pm
35 comments
Creditable withholding tax (CWT) is the tax which is withheld by the buyer/withholding agent from his payment to the seller for the sale of the seller’s ordinary asset/services, and which tax is creditable against the income tax payable of the seller. I know this sounds confusing so let me tell you about the withholding tax [...]
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Filed under Acquired assets, Bank Websites by Jay on March 3, 2009 at 12:13 pm
34 comments
Here’s a listing of all Philippine bank websites that have their listings of foreclosed properties for sale available online. The links on the table below will lead you to the specific page where you can find the listings of bank foreclosed properties for each individual bank.
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