July 2009

Property Forum Philippines’ Subastahan Sa Festival – July 25, 2009

by Jay Castillo on July 12, 2009 · 15 comments

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. [...]

Land Bank of the Philippines Acquired Assets For Sealed Bidding On July 23, 2009

by Jay Castillo on July 10, 2009 · 3 comments

in Land Bank of the Philippines

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. [...]

Foreclosed Properties At Low Prices – CBRE Public Auction On July 31, 2009

by Jay Castillo on July 8, 2009 · 0 comments

in CBRE

CB Richard Ellis (CBRE) shall be having another public auction of foreclosed properties on July 31, 2009, Friday, 2:00pm, at the 12th floor, Multi-purpose hall, Insular Life Building, Ayala Avenue, Makati City, Philippines. Grab the chance to buy foreclosed properties at very low prices! Incoming search terms: insular foreclosed properties

How I estimate market values of foreclosed properties

by Jay Castillo on July 6, 2009 · 40 comments

in Property Valuation, Real Estate Investing

According to Wikipedia, International Valuation Standards define market value as “the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion.” In other words, a buyer [...]

9 Lessons Learned From The Real Property Tax Foreclosure Auction Sale In Quezon City

by Jay Castillo on July 3, 2009 · 15 comments

in Investing in Tax Delinquent Properties, Lessons learned, Property Tax Sale, Tax Delinquent Properties

I attended the Quezon City real property tax foreclosure auction sale yesterday and although I was only able to make it to the last forty minutes of the auction, I was still able to learn a lot and I would like to share these lessons here. Incoming search terms: real property tax, real property tax [...]

Fiesta Bonanza Part 3 Foreclosed Property Listing From Star Properties Inc.

by Jay Castillo on July 3, 2009 · 12 comments

in Star Properties Inc.

I’m not sure if this is the last part but here’s part 3 of the Fiesta Bonanza Foreclosed Property Listing from Star Properties Inc. Don’t forget that this is not an auction which means all properties listed should be for negotiated sale. As with Part 1 and Part 2, you can still avail of their [...]