Unionbank shall be conducting its 138th Special Public Auction of foreclosed properties on June 13, 2009 (Saturday) 9:00 am at Delas Alas Room, 2nd Floor Philippine Columbian Sports Club, Plaza Dilao, Paco, Manila. Just bring PhP 20,000 show money in cash or manager’s check to qualify to bid for each property. The sale is on [...]

There are different DST rates on different types of transactions. In my previous post on How to Easily Compute DST, I was referring to DST on the sale of real property. Please note that there is DST too on loan agreements, lease agreements, and mortgages, and there are also exemptions from DST. For this post, [...]

If you thought the Buena Mano Yellow Tag properties were cheap, wait till you see the foreclosed properties in the Q2-2009 Buena Mano Red Tag Metro Manila Catalogue. Actually, you won’t find any selling price in the catalogue so you will just have to call up their Metro Manila office to get complete information on [...]

The Development Bank Of The Philippines (DBP) has just released an invitation to bid for their foreclosed properties for sale. DBP will receive sealed bids on CASH BASIS and on an AS IS, WHERE IS BASIS on June 10, 2009, 2:00p.m., at the Auditorium (Tanghalang Julian Felipe), Penthouse, DBP Head Office, Sen. Gil Puyat Avenue [...]

When I recently posted the Buena Mano Green Tag Catalogues for Q2-2009, the post received an anonymous comment saying that prices of BPI foreclosed properties are too high even for end buyers. Well, if you are looking for cheaper properties, the following just might be what you are looking for. The Buena Mano Yellow Tag [...]

The Land Bank Of The Philippines published this list of their bank owned properties in the May 3, 2009 issue of the Philippine Daily Inquirer. This listing contains bank owned properties available for negotiated sale as of March 31, 2009. Sorry for the late posting of this listing, I just received a copy of this [...]

Here are the Buena Mano Super Value Green Tag Greater Metro Manila Area (GMMA) and Buena Mano Prime Green Tag GMMA catalogues for Q2-2009. Super Value properties are priced below Php10 Million while Prime Properties are priced Php10 Million and above. These catalogues are published quarterly and available for free at most BPI branches.

Buena Mano Property Sales and Leases shall be having a sealed bidding of bank acquired assets where minimum bid prices are said to be as low as 50% of the properties’ current market values, according to the print ad.
Sealed bidding promises a convenient way to buy real estate at prices you can afford due to [...]

The RCBC Asset Management Group has recently released this Amazing Buys listing of their bank owned properties for sale. The Visayas and Mindanao RCBC Bank properties for sale can be purchased by submitting offers on or before June 1, 2009, Monday, at the 12/F Yuchengco Tower, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, [...]

Interested parties are invited to join the 1 Peso Knockout auction of foreclosed properties to be held on May 23, 2009 at Max’s Restaurant, Jupiter St., Bel-air, Makati, Philippines. This public auction of foreclosed properties is powered by The Property Forum Phils. Auction Proper starts at 9:00am.

In my last post, I mentioned about analyzing foreclosed properties to check if they are worth buying. Before doing a detailed analysis which can be too time consuming and overwhelming to some, one should at least do a quick analysis to shorten the list of prospect properties, especially with so many foreclosed properties available out [...]

RCBC Savings Bank shall be having its latest Dream Buys Auction of foreclosed properties on May 23, 2009 at the Development Academy of the Philippines Building, San Miguel Avenue, Pasig City. Registration promptly starts at 9:00am.