While I have said in the past that it would be great to buy a house and treat it as an investment, I want to take it a step further. What if instead of buying a house outright, one would first buy an income generating asset that would generate positive cashflow and help take care [...]

Post by Cherry Castillo
Oh yes ladies and gentlemen, I am on a roll! Today we have the PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao, updated as of November 18, 2009. I got these listings from PSBank’s website, the link to which I found from the Ultimate List of Bank Websites. Keep [...]

Property Forum Philippines shall be conducting a “Thanksgiving Auction” of foreclosed properties on November 28, 2009 at Max’s Parksquare, Glorietta, Makati City, Philippines. Registration starts at 8:00AM and the auction proper starts at 9:00AM.
Keep in mind that the foreclosed properties can be purchased for as little as 10% downpayment. A pre-auction reservation fee of Php25,000 [...]

A guest post by Samantha from MortgageFit

Taking out the right kind of mortgage can be a harrowing experience unless you know your mortgage requirements well. Many consumers take out mortgages only to repent later as they are unable to negotiate with mortgage lenders on favorable terms. It is best to walk into your lender’s office [...]

My wife Cherry continues from her recent post by sharing an updated listing of foreclosed properties from Metro Manila which she recently got from Philippine National Bank’s Special Assets Management Group.

You may recall that we posted last November 17, 2009, the list of acquired assets of PNB for Metro Manila, which was updated as of [...]

My wife Cherry continues from her recent post by sharing listings of acquired assets which she recently got from the Acquired Assets Division of China Banking Corporation.
In my research to find our new house, I have gone through the Chinabank acquired assets listing in our site. I inquired about a property in the May [...]

My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by [...]

I’m sure a lot of you out there have been patiently waiting for new listings of foreclosed properties and here is a bunch from Philippine National Bank (PNB). My wife got these foreclosed property listings after she requested for them through e-mail.
Don’t forget to use as reference the “title id number” of the property that [...]

I first played Rich Dad’s Cashflow 101 game way back in 2007, after I found Think Rich Pinoy Seminar attendees who organized their own cashflow 101 game sessions. I was hooked ever since. I play cashflow 101 whenever I get a chance to do so as part of “sharpening the saw”. I believe that the [...]

Repossessed cars are again available for sale through the Buena Mano Bidding Bonanza for bank repossessed cars which runs on November 8 to 16, 2009. My wife was the one who was able to get this new list of repossessed cars for sale when she visited the Buena Mano office in Makati recently, thanks hon! [...]

RCBC Savings Bank is having another pre-owned Car Sale through their latest Great Deals on Used Wheels promo. The pre-owned car sale runs from November 9 to 13, 2009. Bank financing is available for the bank repossessed cars and they can be purchased for as little as 20% down payment, and at low interest rates. [...]

Scenario: A foreclosed property looks ugly because it has not been maintained for quite a long time, it obviously needs repairs, it is dirty and stinks, and looks like a house that does not belong to the neighborhood because the surrounding houses look okay, although the house is really not that different from the other [...]