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DBP foreclosed properties for sealed bidding on June 13, 2011

Acquired assets of The Development Bank of the Philippines or DBP are for sale through sealed bidding on June 13, 2011, Monday, at 1:30pm, at the Tanghalang Julian Felipe, Penthouse, DBP Head Office, Sen. Gil Puyat Avenue cor. Makati Avenue, Makati City.

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171st UnionBank foreclosed properties auction (Luzon) slated on June 25, 2011

by Jay Castillo June 8, 2011 Bank Foreclosed Properties 2 comments

UnionBank foreclosed properties from the Metro Manila and Luzon areas are again up for grabs in their 171st special public auction to be held this June 25, 2011, Saturday, 9:00am, at the 29th Floor UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. Interest bidders are reminded to come early.

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Congratulations to the June 2011 real estate professionals approved for registration w/o examination

by Jay Castillo June 6, 2011 RA 9646 - RESA Law 3 comments

We congratulate the June 2011 batch of Real Estate Consultants, Real Estate Appraisers, and Real Estate Brokers, whose applications for registration without examination have been approved by the Professional Regulatory Board of Real Estate Service or PRBRES. This is under Resolution No. 09 (Series of 2011).

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Will there be a Real Estate Bubble in the Philippines?

by Angie Espiritu June 5, 2011 RA 9182 - SPAV Law 15 comments

This is a guest post by Angie Espiritu of Filben Realty The term “real estate bubble” sends shivers to many spines because of the fairly recent sub-prime bubble that happened in the United States. Stripping the word of all its technicalities, a real estate bubble is simply about spiraling prices and disappearing buyers, leaving some [...]

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7 questions you need to ask to avoid investment scams

by Jay Castillo June 2, 2011 Due Diligence 89 comments

While there are so many real and legitimate opportunities out there, there are also a lot of scams. Sooner or later, you will encounter what may seem to be a very enticing investment opportunity, but you need to be prepared to discern what is real and what is not. Be ready to ask the right [...]

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Sealed bidding of Buena Mano repossessed cars slated on June 6, 2011

by Jay Castillo May 31, 2011 Buena Mano 2 comments

Here’s the latest list of bank repossessed cars for sale from the Buena Mano Car Bidding Bonanza. These second hand and repossessed/foreclosed vehicles may be inspected from May 29 to June 6, 2011 from 8:30am to 5:30pm, excluding Sundays and Holidays. The deadline for the submission of bids will be on June 6, 2011 (refer [...]

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170th Union Bank foreclosed properties auction for Visayas and Mindanao slated on June 18, 2011

by Jay Castillo May 26, 2011 Bank Foreclosed Properties 0 comments

The 170th Special Public Auction of Union Bank foreclosed properties, which covers the Visayas and Mindanao areas, shall be held simultaneously on June 18, 2011, Saturday, 9:00am, at the following venues: Bacolod City: Business Inn, Lacson Street Cebu City: Cebu Country Club Cagayan De Oro City: The VIP Hotel, Don Apolinar Velez Street Zamboanga City: [...]

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My Think Rich Pinoy Seminar experience and how it changed my life

by Jay Castillo May 24, 2011 Real Estate Investing 12 comments

After attending the “How to be Truly Rich Seminar“ by Bo Sanchez last July 21, 2007, I saw a flyer about the Think Rich Pinoy Seminar that was to be held on the following month. I was so excited and I hurriedly registered because my wife and I had already read the book “Think Rich [...]

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How to file your application for registration without examination at the PRC

by Jay Castillo May 21, 2011 RA 9646 - RESA Law 6 comments

If you are a DTI licensed real estate broker, appraiser, or consultant covered by the “grandfather clause” of the RESA Law, then you don’t need to retake the licensure exam to get your PRC license. You just need to register with the PRC, provided you are qualified, you have all of the real estate license [...]

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What is the “Grandfather clause” of the RESA Law?

by Jay Castillo May 21, 2011 RA 9646 - RESA Law 6 comments

The “Grandfather clause” of the RESA Law is the basis for the registration without examination of DTI licensed real estate professionals with the PRC. The Grandfather clause is Section 20, Article III of R.A. No. 9646, also known as the “Real Estate Service Act of the Philippines”, and Section 20, Rule III of Board Res. [...]

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