Archive for October, 2009

Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad” often said that “Excuses are the words coming from the loser in you.”. I remember hearing this from one of his audio books some time ago but this has been running through my head often because there have been a lot moments lately where I notice I am making excuses when I am unable to do things which I know are essential in order for me to realize my goal of getting out of the rat race and achieve financial freedom. Read the rest of this entry

The Office of the Provincial Treasurer of the Provincial Government of Cavite recently published a Notice of Sale of delinquent real properties and as usual, I am sharing the list here for everyone’s reference. The notice of sale contains a list of tax delinquent real estate which are for sale through public auction on December 8 and 9, 2009 at 10:00 AM.

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Star Properties to hold The Star Auction 2009!

Star Properties, Inc., a member of the Star Group of companies, shall be holding a public auction of bank acquired assets entitled “The Star Auction 2009!” on November 21, 2009. Registration starts at 8:00AM and auction proper begins at 9:00AM. The public auction of Real and Other Properties Owned or Acquired or ROPOA’s will be held at Max’s Jupiter in Makati City, Philippines.  According to the ad, the full list of bank acquired assets will be released on Wednesday,October 21, 2009. You guessed it, I am featuring the complete list which I got on the said date.

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October has been declared as the National Shelter Month under Proclamation No. 662, signed by then President Ramos on September 27, 1995. By virtue of Memorandum Circular No. 160 dated 04 August 2009 issued in support of this Proclamation, the Housing Fair is conducted annually by the Housing and Urban Development Coordinating Council (HUDCC). Read the rest of this entry

All of my mentors are unanimous in saying that in order for someone to become successful in real estate, one must also know how to sell. As part of the 1st Anniversary celebration of Foreclosure Philippines, in cooperation with and through the generosity of John Calub Training Inc., and Laurus Enterprises, the official organizer of Rich Dad Asia Live 2009 Philippines (more details here), we are giving away free entrance to a revolutionary workshop on becoming wealthy through real estate selling to the first 20 readers of Foreclosure Philippines who will register. Please continue reading for more details… Read the rest of this entry

Did your car get flooded at the height of Typhoon Ondoy (International codename: Ketsana) or Typhoon Pepeng (International codename: Parma) and now you’re still waiting for advice when it can be brought in for repair? What if your car was already under repair but it turns out you will have to wait for several months for spare parts like a computer box for example to become available? Maybe it’s simply too expensive to have the flood damage to your car repaired because your car insurance doesn’t cover Acts of God or flood damage?

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My Dad is a broke OFW (An open letter to all OFW’s)

The following is an open letter to all OFW’s by one of my mentors, Trace Trajano, bestselling author of “Think Rich Quick” and a wealth coach to his students around the world, including myself. Just like my article “To all OFW’s: Need To Earn Passive Income And Come Back Home For Good? Try Foreclosed Property Investing!, I hope this inspires you to act and pursue financial freedom and become truly wealthy.

My Dad is a Broke OFW (An open letter to all OFW’s)

Posted by Trace Trajano on October 16, 2009 at 9:14am

Kumusta na kabayan!

First, I would like to thank you for being an OFW. My dad used to be an OFW and I know the many sacrifices you are enduring right now just so that you can provide the best for your family. I admire you, I appreciate you and in my book, you are a true Pinoy hero. Read the rest of this entry

I am pleased to share the  Buena Mano Q3-2009 Green Tag Greater Metro Manila Area (GMMA) catalogues of bank acquired assets for sale. Actually I got a copy of the Green Tag catalogues a few weeks ago but as you already know by now, our house got totally submerged during Typhoon Ondoy’s visit and it ruined just about everything inside it including the Buena Mano Q3-2009 Green Tag listing. I was finally able to get another copy from the BPI branch in the Atrium when I visited Pag-IBIG to avail of the 3 month moratorium on my mortgage payments for my house and also to get a list of requirements to claim insurance.

The Green Tag listing I got already includes both  Super Value and Prime bank acquired assets for sale. These bank acquired assets are classified as Super Value properties if they are priced below Php10M and those priced Php10M and above are classified as Prime properties. Remember, all of these properties are for negotiated sale. Read the rest of this entry

How NOT to invest in foreclosures

One of my mentors, bestselling author Trace Trajano, recently posted a story about Anna, who bought a property in a foreclosure auction in the US. Take note that some of the things in the story might not be applicable here in the Philippines. Nevertheless, there are lessons here that are applicable to real estate investors  no matter where our locations may be. Before that, here’s the story of Anna… Read the rest of this entry