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Luzon Development Bank foreclosed properties for sale as of January 2012

by Jay Castillo January 11, 2012Bank Foreclosed Properties 0 comments

Please find below the first listing of Luzon Development Bank foreclosed properties to be featured in Foreclosure Investing Philippines. This listing of foreclosed properties for sale is updated as of January 2012. According to Mr. Ramil Alquileta who sent us this listing, the minimum required downpayment is 30%, with the balance payable up to 10 [...]

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(SOLD) Featured: Foreclosed 2BR condo in Avida New Manila for sale for only Php2.2M

by Jay Castillo January 9, 2012Bank Foreclosed Properties 14 comments

*Update as of January 12, 2011 – This condo already has 2 offers and the bank officer says they are already processing the first. Furthermore, since the submitted offers appear to be valid, this unit can be considered as sold. With this post, we shall start to feature foreclosed properties we have actually inspected. We [...]

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Nationwide listing of Philmay foreclosed properties updated as of December 31, 2011

by Jay Castillo January 6, 2012Bank Foreclosed Properties 0 comments

We welcome 2012 with the first listing of foreclosed properties to be featured in Foreclosure Investing Philippines! This listing is from Philmay Properties Inc. (PPI), courtesy of Mr. Ramil Alquileta (PRC Real Estate Broker License # 06153), who sent this list to me through email. This listing contains foreclosed properties for sale that are located in [...]

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7 tips to help you get you started with real estate investing

by Jay Castillo January 4, 2012Real Estate Investing 28 comments

I just noticed that so many are people are asking “How do I start with real estate investing?”. I was just about to answer one of the comments when I realized my reply was already good enough to be an article. It already had more than 700 words in it! Anyway, I believe the timing [...]

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Goodbye and thank you 2011! Hello 2012!

by Jay Castillo January 2, 2012Lessons learned 15 comments

Whew, we made it through 2011, and now we start anew! Thank God we made it through! 2011 was truly an awesome year. But before we move on to 2012 I would like to look back at the year that was. May we not forget the challenges we faced, the lessons we have learned, the blessings [...]

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No increase in real property taxes in Paranaque City for 2012

by Jay Castillo December 29, 2011Property Valuation 0 comments

This is a follow up to my post about the possibility that Paranaque City will be adopting a revised schedule of values for real properties. It turns out that Paranaque City Ordinance No. 31-2011* was approved by the City Council and Paranaque Mayor Jun Bernabe last October 13, 2011, and was later published in the [...]

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Something new from UnionBank that can help make real estate investing easier in 2012?

by Jay Castillo December 29, 2011Bank Foreclosed Properties 12 comments

Unionbank foreclosed properties new payment terms for 2012

I was pleasantly surprised when I read a series of e-mails from one of my favorite bank officers, from one of my favorite banks, who consistently sends us their updated listings of foreclosed properties for sale. At first I really wasn’t sure what it was all about, but it sure got my attention. When I finally found [...]

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A Christmas wish for all of us…

by Jay Castillo December 24, 2011Site Updates 2 comments

Let’s keep it simple, we celebrate Christmas to commemorate the birth of our Lord and Savior Jesus Christ, which is why we call it Christmas, right?!… May we always remember the true meaning of Christmas, not just during the Holiday Season, but all year-round, and in all the things that we do (which includes real [...]

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Sterling Bank foreclosed properties for negotiated sale as of December 20, 2011

by Jay Castillo December 23, 2011Bank Foreclosed Properties 8 comments

Just recently received this list of Sterling Bank foreclosed properties that are for negotiated sale from Resnel Laquindanum of the Acquired Assets Management Department of Sterling Bank of Asia. As usual, these are offered on an “As is where is” basis. If you will notice, the properties included in this list are the same six properties [...]

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“Where can I review for the March 18, 2012 Real Estate Brokers Exam?”

by Jay Castillo December 19, 2011RA 9646 - RESA Law 23 comments

That’s probably the most frequently asked question I’ve been getting lately which is why I created this compilation of Comprehensive Real Estate Seminar (CRES) review centers for the upcoming 2012 Real Estate Brokers Exam. The next real estate brokers exam is to be conducted by the PRC next year on March 18, 2012. (Yes, the next [...]

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