Comments on: City of Tagaytay Issues 1st Notice Of Delinquent Real Property http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html Your trusted resource for foreclosure investing in the Philippines with listings of foreclosed properties, real estate auctions, real estate investing tips, and more! Wed, 08 Feb 2012 16:17:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jake http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1204 jake Wed, 31 Aug 2011 07:23:27 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1204 Hi, i invested in tagaytay forclosed property. I already have the deed of coveyance, deed of sale, paid the cap gains tax but they still wont transfer the title to my name. They only annotated the title. How do i transfer the title to my name? Hi, i invested in tagaytay forclosed property. I already have the deed of coveyance, deed of sale, paid the cap gains tax but they still wont transfer the title to my name. They only annotated the title. How do i transfer the title to my name?

]]> By: marvk http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1203 marvk Sat, 13 Feb 2010 14:37:20 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1203 Hi Jay, My friend secured a loan from a rural bank, when she failed to pay her loan plus all the interests, the rural bank foreclosed a part of her tax declared agri land. is it legal? they petitioned the govt to sell through public auction my friend's property and they bought it as against the loan of my friend including the ballooned interests that they're charging from her. is the rural bank's action legal? Now, my friend could not have her tax declared property titled because the rural bank is claiming and blocking it. Thank you very much Hi Jay,
My friend secured a loan from a rural bank, when she failed to pay her loan plus all the interests, the rural bank foreclosed a part of her tax declared agri land. is it legal? they petitioned the govt to sell through public auction my friend’s property and they bought it as against the loan of my friend including the ballooned interests that they’re charging from her. is the rural bank’s action legal?
Now, my friend could not have her tax declared property titled because the rural bank is claiming and blocking it. Thank you very much

]]> By: catrosinfo http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1202 catrosinfo Fri, 18 Sep 2009 02:59:31 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1202 Thanks for the list. Thanks for the list.

]]> By: hyena22 http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1201 hyena22 Tue, 14 Apr 2009 09:29:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1201 Having a list of properties for sale at hand, how do you set about filtering promising properties therein (what personal criteria do you use) and personally checking them? What are the information you need to be able to visit a property personally? Technical description or could the complete address of a property be available? How do you set about getting these infos? Before the auction date, when do you usually start visiting your list of propitious properties? Have you visited properties that have already been canceled for auction? Is there a way to grab hold of an updated list few days before the auction? Do they update it periodically? Or until the auction date, the most uptodate would be the list first officially published? Having a list of properties for sale at hand, how do you set about filtering promising properties therein (what personal criteria do you use) and personally checking them? What are the information you need to be able to visit a property personally? Technical description or could the complete address of a property be available? How do you set about getting these infos? Before the auction date, when do you usually start visiting your list of propitious properties? Have you visited properties that have already been canceled for auction? Is there a way to grab hold of an updated list few days before the auction? Do they update it periodically? Or until the auction date, the most uptodate would be the list first officially published?

]]> By: Jay Castillo http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1200 Jay Castillo Tue, 14 Apr 2009 06:39:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1200 Yup, sayo na yung property after the redemption period. Usually the buyer will be the one to handle the payment of taxes and transfer of ownership. Yup, sayo na yung property after the redemption period. Usually the buyer will be the one to handle the payment of taxes and transfer of ownership.

]]> By: betty http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1199 betty Mon, 13 Apr 2009 10:31:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1199 hi Jay!<br/><br/>so meaning to say pag walang naghabol after the redemption period eh akin na yun? how about the treansfer of documents? ako na mag aayos nun?<br/><br/>thanks and God bless hi Jay!

so meaning to say pag walang naghabol after the redemption period eh akin na yun? how about the treansfer of documents? ako na mag aayos nun?

thanks and God bless

]]> By: betty http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1198 betty Mon, 13 Apr 2009 10:26:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1198 Sir Jay, <br/><br/>so meaning to say after the redemption period is over and nobody made a claim, its mine na? pano yung transfer ng title and all documents?<br/><br/>thanks Sir Jay,

so meaning to say after the redemption period is over and nobody made a claim, its mine na? pano yung transfer ng title and all documents?

thanks

]]> By: Singapore Jobs http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1197 Singapore Jobs Sat, 11 Apr 2009 03:13:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1197 it is nice that tagatay city government is on the watch with this undisciplined investors it is nice that tagatay city government is on the watch with this undisciplined investors

]]> By: Jay Castillo http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1196 Jay Castillo Fri, 10 Apr 2009 04:36:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1196 Hi Anonymous, yes, the minimum bid amount is equal to the tax delinquent amount. In the Marikina auction, I was only able to see the properties from the outside as most were occupied. The city government will not accompany interested buyers to the properties so it would be up to the buyer. Would you believe I met a lot of investors who bought properties without physically visiting them?! Hard to believe but true, and these were the veteran investors. Hi Anonymous, yes, the minimum bid amount is equal to the tax delinquent amount. In the Marikina auction, I was only able to see the properties from the outside as most were occupied. The city government will not accompany interested buyers to the properties so it would be up to the buyer. Would you believe I met a lot of investors who bought properties without physically visiting them?! Hard to believe but true, and these were the veteran investors.

]]> By: Jay Castillo http://www.foreclosurephilippines.com/2009/04/city-of-tagaytay-issues-1st-notice-of.html#comment-1195 Jay Castillo Fri, 10 Apr 2009 04:27:00 +0000 http://localhost/wordpress/index.php/2009/04/city-of-tagaytay-issues-1st-notice-of-delinquent-real-property.html#comment-1195 Hi Betty, sorry for the late reply, we just got back last night from Ilocos. For the properties that are 20 years in delinquency, the owners can still pay their arrears plus penalties but once the local government forecloses their properties, they only have one year to redeem it. I'm not sure however if they will be allowed to participate in the auction, it depends on the auction rules which they only release once a public auction has been set.<br/><br/>With regards to your second question, I don't see any problem with the children making an appeal as long as they can pay the arrears, even after the auction, as long as it is still within the redemption period. But once the 1 year redemption period lapses, I don't think they can appeal it anymore.<br/><br/>Good thing the migration to http://www.foreclosurephilippines.com went smoothly, although I am still looking for old links I may have missed. Thanks! Hi Betty, sorry for the late reply, we just got back last night from Ilocos. For the properties that are 20 years in delinquency, the owners can still pay their arrears plus penalties but once the local government forecloses their properties, they only have one year to redeem it. I’m not sure however if they will be allowed to participate in the auction, it depends on the auction rules which they only release once a public auction has been set.

With regards to your second question, I don’t see any problem with the children making an appeal as long as they can pay the arrears, even after the auction, as long as it is still within the redemption period. But once the 1 year redemption period lapses, I don’t think they can appeal it anymore.

Good thing the migration to http://www.foreclosurephilippines.com went smoothly, although I am still looking for old links I may have missed. Thanks!

]]>