Your online resource for investing in foreclosed properties in the Philippines. Find bank listings of foreclosed properties, public auction schedules, and real estate investing tips.
Subscribe via RSS
Read Eden Alemania’s Story. It’s a short story of what you can expect to feel when you win your FIRST property in an auction. Eden will be present in the Think Rich Pinoy Seminar on Feb. 27, 2010.
Another frequently asked question I often receive is “Can I buy bank foreclosed properties with financing through a Pag-IBIG housing loan?” and the quick answer I give is “It depends…”. Obviously, if you buy a foreclosed property from Pag-IBIG, you can finance it through a Pag-IBIG housing loan.
But how about foreclosed properties from banks, can they be purchased and financed through a Pag-IBIG housing loan? Please continue reading below to find out.
More than a hundred foreclosed properties are set to be sold through public auction in the upcoming Mega Property Auction of RCBC and RCBC Savings Bank. This auction of foreclosed condos, house and lots, townhouses, and other types of real estate will happen on February 27, 2010, Saturday, 9:00AM, at the Podium 4 Lobby, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, Philippines.
Asiatrust recently came out with this listing of foreclosed properties for sale. Only 20% Downpayment is required with the balance payable through financing at fixed interest rates, and up to 10 years to pay. As far as I know, these properties are for negotiated sale.
The foreclosed properties for sale are from the Metro Manila, CALABARZON, Central and Northern Luzon, and Mindanao areas.
Larry Gamboa, bestselling author of the book “Think Rich Pinoy“, is someone who I consider to be a great mentor and inspiration. I remember it was already more than a year after I read the book “Rich Dad Poor Dad” by Robert Kiyosaki when I began to feel that the real estate investing concepts described by Robert Kiyosaki were hard to apply in the Philippine setting.
I realized I was wrong when I stumbled upon the book “Think Rich Pinoy” by chance.
When friends and people I meet learn about what I do and see my passion for real estate investing, I am often asked how I was able to get into it and sustain the passion for it. Just how did I end up having this burning desire to get out of the rat race through real estate investing? Read on to find out.
Are you broke, with no rich friends…
and no banks will lend you money?
You… yes, even you can invest in real estate!
I am very excited to announce that my dear friend and real estate coach, Trace Trajano is coming to Manila and will give the first ever Think Rich Quick Seminar on March 27, 2010. If you have not read his book “Think Rich Quick”, you should. It has changed thousands of people’s lives and it can change yours. Read the rest of this entry
Star Properties Inc. shall be having an auction of foreclosed properties as they hold The Star Auction 2010 on February 27, 2010, 9:00AM, at Max’s Restaurant, Jupiter Street, Makati City, Philippines. Registration of bidders start at 8:00AM. The foreclosed properties for sale in this auction include properties from the Greater Manila Area, Luzon, Visayas, and Mindanao.
Recently, the PRC and DTI issued a joint announcement on the filing of application for registration without examination with the PRC, for those whose licenses issued by the DTI have expired on December 2008 and onwards. This is good news for affected real estate service practitioners that include real estate appraisers, real estate brokers, and consultants. Please see below a copy of the announcement.
My sister to attend the seminar, instead of me?
)
