Foreclosure auction of tax delinquent real property in Quezon City slated on April 6, 2010

by Jay Castillo on March 25, 2010 · 21 comments

in Property Tax Sale, Tax Delinquent Properties

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 of RA 7160 otherwise known as the Local Government Code of 1991.

The real property included in the auction have been certified to be delinquent in the payment of real property taxes, penalties, and cost due thereon as of the date of the publication. The notice was published last March 15, 2010 in the Philippine Star.

Due to the large number of real property for public auction, I have split the listing into four parts, where each part consists of one full page. You may download each page below.

Quezon City Notice of Sale of Delinquent Real Property

Expect the actual list of properties for sale on the day of the auction to include  fewer properties as owners settle their tax delinquencies as the day of the auction nears.

Prospective bidders are required to post a cash bond of Ten Thousand Pesos (Php 10,000.00) to participate.

Don’t forget to do your due diligence!

Happy hunting!

To our financial freedom!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Follow me in twitter:http://twitter.com/jay_castillo
Become a Fan in Facebook:Foreclosure Philippines fan page
Text by Jay Castillo. Copyright © 2010 All rights reserved.

PS. If you are an OFW who will be here in Manila, Philippines on March 28, 2010, time is running out for you to reserve your seats for the free Secrets of Wealth seminar for OFW’s. RESERVE NOW by calling Joy: +63927-5707599, or Will: +63917-8580064/(632) 9645512. Don’t miss out on your chance to learn the secrets of wealth from Trace Trajano! Click here for more information about the free Secrets of Wealth seminar for OFW’s.

PPS. If you have a friend or loved one who is an OFW or who knows an OFW, do them a favor and invite them to the free Secrets of Wealth seminar for OFW’s by Trace Trajano. The first 5 who refer at least 3 OFW’s that confirm and attend the seminar will get a free 1-hour consultation from me where you can ask me anything about investing in foreclosed properties. Just leave a comment below if you are interested or have any questions. Thanks!

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Tagged as: foreclosure auction, notice of sale, Public Auction, quezon city tax delinquent properties, RA 7160, tax delinquent real properties

  • http://www.melardenio.com/2010/03/facbookfezbukfacebok-and-another.html melardenio

    thanks for the post…
    .-= melardenio´s last blog ..580KPH Top Speed on a Motorcycle =-.

  • http://topsy.com/trackback?url=http://www.foreclosurephilippines.com/2010/03/foreclosure-auction-of-tax-delinquent-real-property-in-quezon-city-slated-on-april-6-2010.html Tweets that mention Foreclosure auction of tax delinquent real property in Quezon City slated on April 6, 2010 | Foreclosure Philippines — Topsy.com

    [...] This post was mentioned on Twitter by Jay Castillo, Rommell Ardenio. Rommell Ardenio said: RT @jay_castillo Foreclosure auction of tax delinquent real property in Quezon City slated on Apri.. http://bit.ly/ccor08 [...]

  • Jun Tagle

    Hi Jay,

    I might join the auction on that day. I will inform you and Bryan after the Holy Week dre. I have not yet check it yet but i will try my luck.

  • Melanie

    Hi Jay!

    My friend and I are interested to attend and place our bid on one of the property listed on this tax delinquent property in QC. But our money is only 50k. We spotted some properties lower than 50k on this list. Do you think our money on hand would be sufficient and would give us a strength to participate on this auction? Or you think we should first save more money before we try such thing as this?

    Thank you and more power to your site! God bless.

  • http://www.foreclosurephilippines.com Jay Castillo

    You’re welcome Rommel!

  • http://www.foreclosurephilippines.com Jay Castillo

    Ok, thanks Jun!

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Melanie, do take note that you will have to add 10K to the minimum bid price, this is their practice in QC. This means your budget would be enough for the properties with a minimum bid price of 40K. This assumes there are no other bidders as the price will definitely go up as bidders would try to outbid each another. The QC tax delinquent auction is often jampacked. Goodluck and don’t forget to do your due diligence!

  • Melanie

    Thank you very much Jay for the reply! You know, I became interested on foreclosure the day I discovered your site.

    God bless!

  • http://www.bank4closed.com cleondann

    Thanks for sharing. Most of properties are selling for nearly 30-50 cents on the dollar which leaves plenty of equity and security in the property regardless of your plans.

  • Glai

    Hi Jay,

    I’m very much interested in joining the auction, but see, I have a very limited budget for that. Would it really be possible to own a property for as low as 50k? had it happened in the past already? Or people like me won’t stand a chance to brokers and land grabbers.. Are auctions already infested with them and people like me won’t stand a chance?

  • jennifer espino

    hi would there be another auction soon? kind regards jen

  • http://yahoo.com jacky

    Hi jay! kailan ba ule ang next auction sale ng delinquent tax sa Quezon city..Thanks and God bless.

  • http://www.foreclosurephilippines.com Jay Castillo
  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Glai, yes it really is possible. You just have to attend the auctions and see for yourself. Do take note that majority of properties eventually get redeemed, but the winning bidder still gets an interest of 2% per month on top of the winning bid, which is not bad.

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Jennifer! Yes there will be another auction on July 8, 2010. Please read about it here: http://www.foreclosurephilippines.com/2010/06/four-tips-for-investors-who-plan-to-invest-in-tax-delinquent-real-properties-in-quezon-city.html

    Do take note that Quezon City usually conducts these tax foreclosure auctions every quarter.

  • http://yahoo.com jacky

    Thanks Jay, you help a lot of people like me on your site…I would like to ask a favor i am very much interested to buy a property in Quezon city,pwede mo ba akong tulungan makabile kahit sa tax delinquent…budget ko ay 500k.Thanks jay..God bless.

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Jacky, sorry i just read this comment of yours, are you attending the QC auction tomorrow(July 8, 2010)? I will be attending with a friend pero just to observe, we were not able to do any due diligence. Would you like to join us?

  • Cyrus

    Please tell me more about tax delinquent property. Thnx Jay.

  • http://www.foreclosurephilippines.com Jay

    Hi Cyrus, please checkout this post : http://www.foreclosurephilippines.com/2008/11/marikina-public-auction-of-real.html. This gives an overview of tax delinquent properties. Thanks for visiting!

  • jeane

    hi jay,

    can u pls email me if you have upcoming budding just here in qc…im interested but im still gathering funds for now so i can be ready, and i also need some details on how these works. thanks,jeane.

  • Lhen

    Hi Jay,

    I’m interested in buying foreclosed properties in Sangandaan, Caloocan. What will be the procedure? When will be the next auction on this?

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