Foreclosed properties for sale!

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Just found this listing of foreclosed properties for sale and this includes foreclosed properties from Batangas, Bulacan, Cavite, Palawan, and Antipolo/Rizal. If you will notice, the properties are not for public auction as the foreclosed properties listed here are for negotiated sale. Interested parties just need to submit their offers.

I already called to get the payment terms and I found out that aside from cash(obviously), they can accept installment payments with a minimum downpayment of 25%, with the balance payable up to 3 years, at an annual interest rate of 15%. Not exactly what real estate investors are looking for, unless you have financial partners lined up and are ready to finance the deal, assuming the numbers make sense.

Anyway, please click here to download a copy of the foreclosed properties listing in PDF format or just click on the image below to download a JPEG copy.

FORECLOSED-PROPERTIES-FOR-SALE-MB-MAY-16-2010-P-G3Source: Manila Bulletin, May 16, 2010 edition, page G-3

If you are interested in any of the foreclosed properties on the list, just call Property Partners directly using the phone numbers on the listing above.

The fine print

All properties are on an “as-is where-is” basis. Properties and prices are subject to change without prior notice, Inadvertent misprints shall not alter the property’s factual condition or shall they be deemed as misrepresentation of the property. Offers are subject to approval by management.

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Happy hunting!

To our success and financial freedom!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
Find us in Facebook:Foreclosure Philippines facebook page

Text by Jay Castillo. Copyright © 2010 All rights reserved.

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About Jay Castillo

Jay is the founder of Foreclosurephilippines.com where he shares real estate investing tips and foreclosed property listings. He was an I.T. Manager that loved to make things work, which is exactly what he did when he crossed-over to Real Estate Investing and Internet Marketing. He is also a licensed real estate broker with PRC License # 3194 ... [Continue reading]

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  • http://www.richardsonchan.com/ SoNn

    15% interest? that sucks.
    .-= SoNn´s last blog ..If you won a million dollars what would you do with it? =-.

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

      Hi SoNn, exactly my sentiments. It gets even worse if you consider the 3 year maximum payment term. Virtually impossible to get positive cashflow unless one goes to other sources of financing. Thanks for dropping by!