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PNB – Allied Bank joint property auction in Batangas slated on September 30, 2010

by Jay Castillo September 17, 2010Allied Bank 0 comments

The PNB-Special Assets Management Sector (PNB-SAMS) and Allied Bank Special Assets shall be having a joint property auction of their bank owned properties and acquired assets on September 30, 2010, Thursday, 2:00pm, at Hotel Pontefino, Pastor Village, Gulod Labac, Batangas City, Philippines.

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Unionbank repossessed vehicles for bidding until September 21, 2010

by Jay Castillo September 16, 2010Repossessed Cars 8 comments

Here’s another auction of UnionBank repossessed cars through sealed bidding and the deadline for submission of bids will be on September 21, 2010. This list of pre-owned or second hand cars for sale currently contains 61 vehicles. More information about bidding for these foreclosed cars can be seen below.

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How to compute for the ARV of foreclosed properties

by Jay Castillo September 14, 2010Due Diligence 5 comments

Real estate investing is a numbers game and one such number that a real estate investor who is into flipping properties needs to determine before buying a property is the ARV. ARV can stand for Approximate Retail Value, After Rehab Value, but the common term often used is After Repair Value.

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Are you into strategic investing and practical fundamental analysis?

by Jay Castillo September 12, 2010Seminars 9 comments

If yes, then this seminar might be for you. My friend Tyrone of MillionaireActs.com sent me details of this seminar of his officemate Ray Alejandrino and thought of sharing it here for those who might be interested. One thing I like about this seminar is it includes investing in a Real Estate Investment Trust (REIT) as [...]

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Unionbank's 159th special public auction slated on September 25, 2010

by Jay Castillo September 11, 2010Bank Foreclosed Properties 2 comments

Unionbank’s 159th Special Public Auction of foreclosed and bank owned properties will happen on September 25, 2010, Saturday, 9:00AM at the P.C. Reyes Room, 2nd Floor, Philippine Columbian Sports Club, Plaza Dilao, Paco Manila, Philippines.

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Quezon City Treasurer to hold tax foreclosure auction on October 7, 2010

by Jay Castillo September 9, 2010Tax Delinquent Properties 2 comments

I just found this notice for Quezon City taxpayers yesterday and thought of sharing it here. The Quezon City Treasurer shall be holding a tax foreclosure auction sale of all real properties with delinquent tax payments and it will be held on October 7, 2010, at the ground floor, Taxpayer’s assessment and payment Lounge, Quezon [...]

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Dipolog City property auction by PNB slated on September 23, 2010

by Jay Castillo September 7, 2010Bank Foreclosed Properties 11 comments

The PNB – Special Assets Management Sector or PNB-SAMS will be conductiing an auction of foreclosed and bank owned properties on September 23, 2010, Thursday, 2:00pm, at the Top Plaza Hotel, Echavez St. cor Quezon Avenue, Dipolog City.

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4 reasons why we need to be financially literate real estate investors

by Jay Castillo September 6, 2010Financial literacy 14 comments

In a recent post where I tackled the frequently asked question: “Are foreclosed properties good deals?”, I mentioned that financial literacy is a prerequisite to real estate investing, and with good reason. I believe that the lack of financial literacy will certainly lead to financial failure! Sometimes we need to fail but not like this! [...]

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Nationwide foreclosed properties listing for negotiated sale from the Star Group

by Jay Castillo September 2, 2010Bank Foreclosed Properties 58 comments

As promised in a previous post, I am finally posting here a complete listing of foreclosed properties for sale from the Star Group of Companies. This listing contains more than 700 foreclosed properties from all over the Philippines and these are all for negotiated sale. More details below.

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You are invited to a sealed bidding of Star Prime Assets

by Jay Castillo August 31, 2010Bank Foreclosed Properties 0 comments

Star Properties Inc. invites all interested parties to bid for prime properties for sale on an “AS-IS-WHERE-IS” basis. The minimum bid prices for the prime properties for sale range from Php6M to Php95M, and the listing includes various types of properties from Greater Manila Area(GMA), Luzon, Visayas, and Mindanao. Bid Schedule:

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