bank financing

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 [...]

In my previous posts about Maximum Allowable Offer (MAO), After Repair Value (ARV), and Cost Factor (CF), we determined these numbers for properties that we intended to flip for a profit. This time around let’s determine another number that is more applicable to income generating properties like multi-door apartments, which are obviously better kept for [...]

I recently answered an e-mailed question from a reader of Foreclosure Philippines who was also an attendee of the Think Rich Pinoy seminar held last November 21, 2009, where I was a guest speaker. Actually, our featured reader sent her e-mail last November 25, 2009, a few days after the Think Rich Pinoy seminar, but [...]

Just wanted to share this list of repossessed cars for sale from Unionbank. The bidding period for the repossessed cars on the list is from January 11-19, 2010. Yes, bidding is ongoing and the deadline for submission of bids is on January 19, 2009. I thought the BMW on the list was the same one [...]

CBRE will hold its Property “Pac-yawan” Bazaar Christmas Public Auction of bank acquired properties this coming December 10, 2009, Thursday, 3:00PM, at the Brasserie, 21st Floor, Security Bank Bldg., Ayala Avenue, Makati City, Philippines. Show Money is only Php25,000. Bank financing is available but if not approved, in-house financing can be considered, subject to management’s [...]

RCBC Savings Bank is having another pre-owned Car Sale through their latest Great Deals on Used Wheels promo. The pre-owned car sale runs from November 9 to 13, 2009. Bank financing is available for the bank repossessed cars and they can be purchased for as little as 20% down payment, and at low interest rates. [...]

Finally, Buena Mano Property Sales and Leases has released their Q3-2009 catalogues of bank foreclosed homes. However, we were only able to get a copy of the Yellow Tag listing of bank foreclosed homes for Metro Manila. My wife and I already visited a number of branches of BPI in Makati and Libis but we [...]