Frequently Asked Questions

Can I buy bank foreclosed properties with financing through a Pag-IBIG housing loan?

by Jay Castillo on February 23, 2010 · 6 comments

in Financing, Frequently Asked Questions, HDMF, Pag-IBIG

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,  [...]

Reader Q and A #1: How can I apply for a loan and thus finance my first deal?

by Jay Castillo on January 19, 2010 · 8 comments

in Financing, Frequently Asked Questions, Real Estate Investing

I recently answered an e-mailed question from a reader of Foreclosure Philippines who was also an attendee of the Think Rich Pinoy seminar held last November 21, 2009, where I was a guest speaker. Actually, our featured reader sent her e-mail last November 25, 2009, a few days after the Think Rich Pinoy seminar, but [...]