March 2010

“If only it were this easy in real life!” , a Think Rich Pinoy Seminar attendee exclaimed after buying his fifth property while playing Robert Kiyosaki‘s Cashflow 101 game. I heard him say this as I helped facilitate the Cashflow 101 game at their table during the afternoon session of the Think Rich Pinoy seminar [...]

After months of uncertainty, there is finally hope that the implementing rules and regulations or IRR of the Real Estate Service Act (RESA) will finally be drafted once the charter members of the board and chairman of the Professional Regulatory Board of Real Estate Service or PRBRES are inducted today, March 26, 2010, as reported [...]

There will be another foreclosure auction sale of tax delinquent real properties in Quezon City on April 6, 2010, at 10:00am, at the main entrance of the Tax Payer’s Lounge, Quezon City Hall, Diliman, Quezon City. The sale through public auction is to be done by virtue of the provisions of Section 260 and 263 [...]

Notices for the foreclosure sale of tax delinquent properties in the Philippines always indicate that the sale or auction is being done by virtue of sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991. Rather than include sections 260 and 263 of RA 7160 with every notice of [...]

The “HOT HOT AUCTION” of foreclosed properties shall be happening on March 27, 2010, at the Max’s Restaurant, Jupiter St., Bel Air 1, Makati City, Philippines. registration starts at 8:00am and the auction proper starts at 9:00am. Foreclosed properties can be purchased for as little as 10% Downpayment, for as low as 12% interest p.a. [...]

Republic Act No. 10023, otherwise known as an Act Authorizing the Issuance of Free Patents to Residential Lands or the Free Patent Act was signed into law by President Gloria Macapagal-Arroyo last March 9, 2010. The newly enacted law aims to ease the requirements and procedures in the titling of residential lands. An estimated 39 [...]

The following is the full text of Republic Act No. 10023, otherwise known as an Act Authorizing the Issuance of Free Patents to Residential Lands or The Free Patent Act. Republic Act 10023 was signed into law by President Gloria Macapagal-Arroyo last March 9, 2010. For more information about this newly enacted law and its [...]

This is an updated listing of United Coconut Planters Bank (UCPB) repossessed cars for sale. Do take note that the deadline for submission of bids for these second hand cars is on March 24, 2010 at 4:00pm and opening of sealed bids shall follow at 4:30pm. I highly suggest that interested parties call up UCPB [...]

Unionbank  shall be having their 151st Special Public auction of foreclosed properties / acquired assets on March 20, 2010. I suppose most of you already know this assuming you have been regularly visiting Unionbank’s website which you can find in my Ultimate List of Philippine bank websites. This is just a reminder for those who [...]

The recently concluded fight between our very own Manny Pacquiao and Ghana’s Joshua Clottey was a perfect example of how not to win a fight by focusing too much on trying not to lose. What does this got to do with real estate investing? A lot! Read more below and find out. Before anything else, [...]