Based on the total number of posts during the past 7 days, I can say it has been a very busy week. But it is better than that because it has also been a productive one. My wife and I have been busy AND productive with our own respective online and offline activities. You guessed [...]
What is a mentor? A mentor is someone who teaches or gives help and advice to a less experienced and often younger person.[1] Having a mentor is very important when you are serious about real estate investing, or about learning any topic. You have to be careful though, and make sure that you get advice [...]
According to the official website of Pasay City, there will be a tax foreclosure auction sale of Pasay City tax delinquent properties on September 15, 2011, 10:00am, at the 4th floor, Session Hall of the Pasay City Hall. The notice for Pasay City Taxpayers on the website also mentioned that notices of delinquencies have already [...]
Tagaytay City recently published a first notice for tax delinquent real properties, by virtue of the provisions of Sec. 2A. 44 of the Codified Revenue Ordinance of Tagaytay City enacted from Section 254 of the Local Government Code of 1991. Nope, this is NOT a tax foreclosure auction sale. At least not yet. This is [...]
This post contains 3 listings of BDO foreclosed properties and acquired assets courtesy of Ms. Mary Jean Reyes of the BDO Asset Management Group. This first listing which is really huge compared to the previous list from Sterling Bank includes assets from Metro Manila, Luzon, Visayas, and Mindanao. It also includes properties that are for [...]
After featuring their repossessed cars, here’s the list of repossessed real estate, more commonly known as foreclosed properties, of Sterling Bank of Asia. Yes, their list for September 2011 only includes two foreclosed properties. One is from BF Homes Paranaque, and the other is from St. Francis Homes I, Biñan, Laguna. The last day of submission [...]
As promised, here’s an updated list of Sterling Bank repossessed cars for sale. This list contains 50 repossessed cars and is updated as of September 1, 2011. The repossessed cars on the list are for sale through sealed bidding and the last day for the submission of bids shall be on Thursday, September 15, 2011, at [...]
Vice President and Housing and Urban Development Coordinating Council (HUDCC) Chairperson Jejomar C. Binay announces the holding of the 6th Housing Fair from September 30 to October 2, 2011. The annual housing fair will be held at Mega Trade Hall 1 of the SM Megamall in Mandaluyong City, Philippines. I really look forward to attending the [...]
I tried to get my NBI* clearance last week and I remembered this line from a song of the Eraserheads “Huwag mo nang itanong sa akin” where it said “…katulad ng buhay natin – isang mahabang pila, mabagal at walang katuturan” (… just like our life – a long line that moves slowly and is [...]
FTI Consulting Inc. has just announced their listing of bank foreclosed assets under Philippine Investment Two (SPV-AMC), Inc., herein referred to as PI Two. FTI Consulting, the largest business advisory firm in the Asia Pacific, was designated as the asset manager/servicer of PI Two. FTI Consulting, Inc. is a global business advisory firm dedicated to [...]
Republic Act 9182, also known as The Special Purpose Vehicle (SPV) Act of 2002, was signed into law to help Philippine banks get rid of their non-performing assets or NPAs. By helping banks clean up their balance sheets, RA 9182, which is also often referred to as the SPAV law, aims to help stimulate the [...]
The 174th UnionBank foreclosed real estate auction which includes Visayas and Mindanao foreclosed properties shall be held simultaneously on September 17, 2011 at Bacolod City (Business Inn, Lacson Street), Cebu City (Cebu Country Club), Cagayan De Oro City (The VIP Hotel, Don Apolinar Velez Street), and Zamboanga City (Grand Astoria Hotel, Mayor Jaldon Street). Auction [...]
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