July 2009

We take a break from the usual bank listings of foreclosed properties, public auction schedules, and real estate investing tips with this post as I share my nominees for the Top 10 Emerging Influential Blogs for 2009.

I would like to share with everyone Philippine National Bank’s Asset Gazette For July 2009 which features properties that are for public auction on August 20, 2009. This public auction of acquired assets shall be held at the La Parilla Hotel in Cabanatuan City, Nueva Ecija, Philippines. The Asset Gazette is a monthly publication of [...]

I attended the 3rd Philippine Real Estate Festival last July 24, 2009 and one of the banks that I found as a participant in the event was Chinabank. I was able to get a copy of their “Real Deals” publication which features hundreds of residential, commercial, and industrial properties for sale at below market values [...]

I found this notice of sale for Home Guaranty Corporation (HGC) properties which are being offered for public bidding.  Although a lot of the properties on the list still have illegal occupants, there are a few that are already vacant. Please refer to the remarks column of the ad to get more details.

I believe that all aspiring real estate investors should attend the 3rd Philippine Real Estate Festival (2009) which will be held on July 23-25, 2009 at the World Trade Center, Roxas Blvd. corner Buendia Street, Pasay City, Philippines. I learned a lot each time I attended the Philippine Real Estate Festival during the past two [...]

This morning, I finished inspecting a number of properties and I must say that my real estate broker was very proactive when she brought along our contractor even without me telling her to do so. It saved all three of us the trouble of scheduling another visit to those properties, not to mention the time, [...]

The latest RCBC Savings Bank Dream Buys Auction will be held on July 25, 2009 (Saturday), 9:00 AM, at the Development Academy of Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines. Good news for all investors – RCBC has again reduced by another 5% the minimum bid price (MBP) for foreclosed properties that were [...]

*The full text of The Rent Control Act of 2009 can be found here. Republic Act (RA) No. 9653, also known as the Rent Control Act of 2009, was signed into law by President Gloria Macapagal-Arroyo at the Rizal Ceremonial Hall last Tuesday, July 14, 2009, and exempts rent-to-own agreements from its coverage.

Republic Act (R.A.) No. 9646, or The Real Estate Service Act of the Philippines which is more commonly referred to as the RESA law has been signed into law by president Gloria Macapagal-Arroyo last June 29, 2009. As mentioned in this article, it hopes to professionalize and regulate the practice of real estate in the [...]

I would like to share an updated list of Metrobank Acquired Assets for sale as of May 19, 2009 covering the Metro Manila Area. Actually I received this listing of foreclosed properties from Metrobank’s Acquired Asset Management & Disposition Group (AAMDG), after my wife requested a copy of the listing via e-mail. I received the [...]

The Property Forum Philippines shall be conducting a public auction of foreclosed properties entitled “Subastahan Sa Festival” on July 25, 2009 at the World Trade Center, Roxas Blvd., Pasay City, Philippines. Registration Starts at 10:00AM, auction proper starts at 11:00AM. This auction coincides with the Philippine Real Estate Festival 2009 which explains the auction’s title. [...]

Here is an invitation to bid for acquired assets of Land Bank of the Philippines (LBP) which are for sale on CASH and “AS-IS-WHERE-IS” basis. Sealed bids together with 10% bid bond will be received by the Special Assets Department (SPAD), 30th Floor, LandBank Plaza, Malate, Manila on July 23, 2009, not later than 9:30am.