More than 9,000 properties foreclosed by GSIS to be disposed under their GMA HeLPs program

Updated on November 6, 2012 by 13 Comments
ADVERTISEMENT

As promised, I am featuring the latest listing of properties foreclosed by the Government Service Insurance System or GSIS. The GSIS is selling these foreclosed properties under their GMA HeLPS program which stands for Garantisadong Mababang Amortization na House En Lot Para Sa’yo (Guaranteed low amortization house and lots for you). I just wonder if they will change the name of this program soon since GMA is about to end her term as president.

This foreclosed listing includes a staggering 9,627 pre-owned homes for sale. If you want to save money by buying foreclosed homes, then this just might be what you have been looking for. Just stay clear of the foreclosed properties that are still occupied, as indicated on the foreclosed listing below.

The program promises lower amortizations by offering a low annual interest rate of 6%, probably the lowest available today. Aside from the low interest rate, the program also offers payment terms of up to 30 years, which again should translate to lower monthly amortization payments and make them more affordable.

If you are interested and want to know more details, please inquire directly at the GSIS Housing Booth at the GSIS Main Office lobby or any GSIS office nearest you. You may also call 479-3543. Remember, please call GSIS directly for questions or inquiries. I am just posting their listing here as a free service to readers and subscribers of foreclosurephilippines.com

Click here to download a copy of the foreclosed listing from GSIS as of May 12, 2010. (Source: GSIS Website)

Click here to go to the GSIS webpage where you can get a list of foreclosed properties for sale under the GMA HeLPS program

I just hope this program delivers as promised without the hassles as described in my previous post about the GSIS along with comments from readers. The article can be found here: GSIS sells foreclosed housing units by offering 6% fixed interest rates but…

ADVERTISEMENT

Don’t forget to do your due diligence!

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 and Cherry Castillo. Copyright © 2010 All rights reserved.

PS. Are you a new visitor? Click here NOW to start learning more about foreclosure investing in the Philippines

PPS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Inbox getting full? Subscribe through my RSS Feed instead!

Last updated by on .