*Updated on June 27, 2011 – The 5th Philippine Real Estate Festival will be happening on July 28-30, 2011. Click here to learn more about the Philippine Real Estate Festival 2011!

The 4th Philippine Real Estate Festival will be held on July 29-31, 2010, at the World Trade Center, Roxas Blvd. corner Buendia St., Pasay City Philippines, and just like last year, and the year before, I look forward to attending this year’s Philippine Real Estate Festival. The theme of Philippine Real Estate festival 2010 is “Global Tourism and Real Estate Development -  Sunrise Industries for the Philippine Economy”

But do you really want to know why I want to attend this year’s Philippine Real Estate Festival or PREF? If you said “to get listings of foreclosed properties for sale”, you got that right! Aside from getting updated foreclosed property listings,  I also look forward to the mini-seminars or learning sessions that are for free to the public, and will be held throughout the 3-day event. Here is their program of activities.

4th Philippine Real Estate Festival 2010 (By the way, they have moved their website to http://www.philrealestatefestival.com)

PHILIPPINE REAL ESTATE FESTIVAL 2010

PROGRAM SCHEDULE

DAY ONE (Thursday, 29 July 2010)

Morning Session

FORMAL OPENING OF THE FESTIVAL EXHIBIT & Displays
OPENING PLENARY SESSION
Thursday, July 29, 2010 – The World Trade Center, Pasay City (official venue)

9:00 : Registration & Assembly

9:00 – 10:00 : Mass – Fr. Fernando M. Suarez

10:15 : Ribbon Cutting,Official Remarks & Tour of the Festival Exhibits
His Excellency Vice-President Jejomar C. Binay
(Public Viewing of the Exhibit Displays will follow)

11:00 : Opening Plenary Session
Invocation – Fr. Fernando M. Suarez
Healing the Soul of the Nation

National Anthem

Welcome Remarks
Rosemarie C. Basa, PREF President & CEO

Festival Overview
Dr. Jaime A. Cura, Chairman, PREF Board of Advisors

Introduction of Keynote Speaker

Keynote Address
His Excellency Benigno C. Aquino III
President of the Philippines

Adjournment

12:00 – 2:00pm : Luncheon Program: “New Communities for the New Filipino” (A Special Session on Alternative Models of Housing & Community Development – hosted by the San Miguel Group of Companies)

Opening Remark
Atty. Karlo Marco P. Estavillo
Vice President, San Miguel Corporation &
General Manager, San Miguel Properties

Entertainment – Noel Cabangon, Angelo’s & other Artists

Short Remarks:        Mr. Iliac Diaz
Founder, My Shelter Foundation

Mr. Antonio Meloto
Founder, Gawad- Kalinga

Atty. Alex Lacson
Organizer, Tuloy Pnoy Movement

Mr. Efren Penaflorida
CNN 2009 Hero of the Year

Closing Remarks
Ms. Karen Ramos
Marketing Manager, San Miguel Properties Inc.

Afternoon Session
Plenary Session II
“Positioning the Philippines for the Global Tourism Market”

2:00- 2:30 : “Developing Philippine Real Estate With An Eye To Global Tourism”
The Hon. Alberto A. Lim
Secretary, Department of Tourism

2:30 – 3:00 : “Overview of the Philippine Real Estate Market”
Mr. Lindsay John Orr
Chief Operating Officer, Jones Lang La Salle Leechiu

3:00 – 3:30: “Practical Strategies in Finance & Infrastructure for
Emerging Markets in Real Estate and Tourism”
Mr. Arun Savkur
Managing Director, Quantum Group (New York, USA)

3:30 – 4:00  : “Sourcing Global Funds for Emerging Real Estate andTourism Markets – How Can the Philippines Qualify?”
Mr. Rick Bernie Kawulia
Marketing Specialist, Funds Management (Retail &
Wholesale, Local & Global) (New South Wales, Australia)

4:00 – 5:00pm : Media Conference:  A Televised Forum on Development of
World-Class Real Estate and Tourism Projects Fund Sourcing

To be hosted by Mr. Tony Lopez

DAY TWO (Friday, 30 July 2010)

ASIAN FESTIVAL

10:00 – 10:30 : Raffle

10:30 – 12:30pm : Plenary Session III
An ASIAN Symposium on Model Projects and Best Practices
In Real Estate and Tourism Development

Invited Speakers are Ambassadors and Eminent Persons from
the  Asian Region like China, Singapore, Japan, Thailand,
Malaysia and Indonesia. To be hosted by Dr. Jaime A. Cura.

The Symposium will provide an opportunity to learn from the
experience of some of our Asian neighbors whose real estate
and  tourism industries have significantly contributed to the
development of their national economy.

12:30 – 1:00pm : Raffle

Afternoon Session

2:00 – 5:00 pm : Plenary Session IV
Topical Presentations on Real Estate & Tourism Development
by Industry Leaders

1:00 – 2:00 : Holcim

2:00 – 2:30 : “Developing Real Estate for Modern Lifestyles”
Ambassador Jose E.B. Antonio,
Chairman, Century Properties, Inc.

2:30 – 3:00 : “First-Class Communities for the Low-Income, The
Xevera Experience — A Re-Engineering of Low-Cost and
Socialized Housing”
Mr. Delfin Lee
Chairman& CEO, Globe Asiatique Realty

3:00 – 3:30 : “Business Opportunities in the Retirement Industry”
Mr. Marc Daubenbuechel
Manager, Retirement  & Healthcare Coalition for
European Chamber of Commerce in the Philippines

3:30 – 4:00 : “Today’s Major Challenges in Developing New Communities
Around the Country”
Mr. Henry Yap
General Manager, Robinson’s Land, Inc.

4:00 – 5:00 : Open Forum

[Note: Continuous viewing of Exhibits & Displays from 10:00 a.m. to 8:00 p.m.]

7:00pm : ASIAN CULTURAL FIESTA
An Evening of ASIAN Food, Music, and Dance
New World  Hotel, Makati City
(By Invitation)

Participants are invited Friends from the Diplomatic Corp., the Real Estate, Tourism &Business Leaders & Government Officials.

Attire: Strictly Formal   Ladies: Evening Gown or Terno
Men: Barong Tagalog or Coat & Tie

To be hosted by Mr. Johnny Litton

DAY THREE  (SATURDAY , 31 July 2010)

Morning Session

9:00 – 12:00pm : Plenary Session V
Public Service Consultation on Business Concerns
Related to Real Estate, Housing, & Tourism

This Forum  will feature a Select Panel of Industry  Resource Persons who will Answer, Questions & Offer Practical Advice on Industry-Related Matters. A 15 minutes opening remarks from theSpeakers followed by a Question & Answer Portion.

9:00 – 10:00 : Balikatan Group

9:30 – 9:50 : “Community Mortgage Program to Respond to Housing Backlog
for Marginalized Groups”
Atty. Fermin Arzaga, President, SHFC

9:50 – 10:00 : Closing Remark – Balikatan Group

10:15 – 10:30 : “Housing for CCW & other Groups”
Atty. Jose Malvar Villegas
Founding Chairman, Citizen Crime Watch

10:30 – 10:45 : “How Can You Be Sure That the Title to Your Property is
Genuine, and Not Fake?”
Dr. Jaime A. Cura,
CEO of Creba Land Services & Title Warranty Corporation

10:45 – 11:00 : “How Can You Avail of Housing Loans Without Over-Extending Yourself?”
Mr.Jaime Fabiana, CEO of Pag-ibig Fund

11:00 – 11:15 : “What Does RESA Require of Real Estate Service Practitioners?”
Dr. Eduardo G. Ong,
Chairman of the Professional Regulatory Board of RESA

11:15 – 11:30 : “The Role of LGU in Tourism & Real Estate Development”
Hon. Hermogenes “Jun” Ebdane Jr.,
Gov. Province of Zambales

11:30 – 11:45 : “What Are the Tax Obligations of Homebuyers?”
Mr. Vic Mamalateo, Former BIR Deputy Commissioner

11:45 – 12:00 : “How Can You Harness the Positive of Your Real Estate Assets?”
Mr. Raymund Cordero, Feng Shui Expert

12:00 – 12:30 : Luncheon Speaker
Cong. Jose Peping S. Cojuangco Jr.,
Former Tarlac Congressman
Convenor of Tunay na Pinoy Patriots

12:30 – 1:00 : Open Forum

Afternoon Session Plenary Session VI

2:00 – 3:00 Design Showcase – An Inter-School Presentation on
Planning & Architectural Design of Facilities and Amenities
for Global Tourism & Real Estate Development (to be
participated by students from the College of Architecture of
various universities.

Inspirational Speaker for Design Showcase
Senator Juan Miguel F. Zubiri
Senate Minority Leader

3:00 – 5:00 : PREF Excellence Awards
Announcement of Awardees & Presentation of Awards

Guest of Honor & Speaker:
His Excellency Fidel Valdez Ramos
Former President of the Philippine

To be hosted by RJ Ledesma

Source: http://www.philrealestatefestival.com/program10.html

In between the learning sessions, I also plan to visit business partners and friends who are also participating in the Philippine Real Estate Festival. So far I have confirmed that Philmay Property Inc. and OMI Land Title Services are participating in the real estate festival and I look forward to visiting their respective booths.

I outsourced the title transfer of one of the properties I purchased from a bank to my name and OMI Land Title Services completed this without a hitch (I’ll create a post about their excellent services soon). The services OMI Land Title Services offer include Title Verification, Title Transfer, Trace-back of Ownership, Relocation Survey, Reconstitution of Lost Titles, Free-Patent Titling, Cancellation of Annotation on Titles, Subdivision of Titles, Payment of Real Property Taxes.

If you are participating in the 4th Philippine Real Estate Festival, please do let me know by leaving a comment below. Thanks!

I hope to see you there!

To our success and financial freedom!

Jay Castillo

Real Estate Investor

Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
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. Attend the first ever Internet Marketing Boot Camp in Manila on July 29 and 30, 2010, an event created by Internet Marketing Maven Anton Diaz together with Larry Gamboa and Randy Manaloto. There will be 17 speakers in this two-day event in Dusit Hotel. Register now!

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!

I'm attending the 4th Philippine Real Estate Festival on July 29-31, 2010 is a post from: Foreclosure Investing Philippines

Incoming search terms:

This is my third installment for foreclosed property listings which I got from the 4th housing fair last December 27-29, 2009. I shall be sharing the foreclosed property listings from Star Accounts Management Services, Inc., a member of the Star Group of Companies.

Foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao are featured in their publication entitled “Properties on View”.

I was able to get these two issues of “Properties on View” from the Star Group’s booth during the housing fair and the first issue I got features foreclosed properties from the Greater Manila Area (GMA) and Luzon, while the other features Visayas, and Mindanao foreclosed properties. Please see below the specific locations included in each of these areas:

GMA (Greater Manila Area) foreclosed properties

• Antipolo
• Caloocan
• Las Pinas
• Manila
• Malabon
• Makati
• Marikina
• Paranaque
• Pasay
• Pasig
• Quezon City
• Rizal
• San Juan
• Taguig
• Valenzuela

Luzon foreclosed properties

• Albay
• Baguio
• Bataan
• Batangas
• Bulacan
• Cavite
• Isabela
• Laguna
• La Union
• Nueva Ecija
• Pampanga
• Pangasinan
• Quezon Province
• Quirino
• Tarlac
• Zambales

Visayas foreclosed properties

• Aklan
• Bacolod
• Cebu
• lloilo
• Negros Occidental

Mindanao foreclosed properties

• Agusan del Sur
• Butuan City
• Cagayan de Oro
• Compostela Valley
• Cotobato
• Davao
• General Santos
• Kidapawan
• Maguindanao
• Misamis Oriental
• Sulta Kudarat
• Tagum
• Zamboanga

Click on the following to download the Properties on View issues for Greater Manila Area/Luzon and Visayas-Mindanao.

For more details, please contact Star Accounts Management Services, Inc. directly using the contact details included in their publications of foreclosed property listings above.

—

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
Become a Fan in Facebook:Foreclosure Philippines fan page

Text by Jay Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PPS. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

"Properties on View" features foreclosed properties from Greater Manila Area, Luzon, Visayas, and Mindanao is a post from: Foreclosure Investing Philippines

Incoming search terms:

I attended the first day of Philippine Housing Fair yesterday and I’m glad I did. Aside from updated listings of acquired assets and foreclosed properties, I was also looking for any free seminars or talks about topics that can be of help to anyone who wants to get involved in real estate. For my purpose, I’m glad I was able to attend but should you also attend? It really depends. Please continue reading to learn more.

Acquired assets and foreclosed property listings
For banks and other private lending institutions, I was able to get a copy of foreclosed property listings from Land Bank, and the Star Accounts Management Services, Inc.( A member of the STAR Group of Companies). I also registered in Chinatrust’s booth so that I can get updated listings through e-mail (thanks to the friendly people from Chinatrust). I was also looking forward to visiting the BPI Buena Mano booth but it was still empty when I left at around 1:30pm. Maybe I’ll get to see them on the second or third day of the housing fair.

Don’t worry, I’ll be sharing all of these listings of acquired assets and foreclosed properties in my upcoming posts.

With regard to acquired assets and foreclosed property listings from key shelter agencies and government financial institutions, at first I was a bit disappointed when majority of them just had limited copies of their listings and people had to line up to look at the listings of foreclosed properties and then they had to copy the details pertaining to the properties they were interested in.

People line up to look at the list of foreclosed properties from Pag-IBIG

Not really the most efficient setup if you ask me. Even a speaker from Pag-IBIG mentioned during one of the talks that people really had no need to line-up to look for properties because they can just visit their updated listings online. I can’t help but think that if your only purpose was just to look for updated listings of properties, you can do the same by just visiting their websites without the hassles of lining up and manually copying property details.

Anyway, to help provide easy access to their online listings, please refer to the direct links below to the listing of acquired assets/foreclosed properties of each individual key shelter agencies and government financial institutions:

• Home Guaranty Corporation (HGC)

http://www.hgc.gov.ph/downloadable/December_14_2009.pdf

• National Home Mortgage Finance Corporation (NHMFC)

http://www.nhmfc.gov.ph/index.php?option=com_content&view=article&id=44&Itemid=56

• Home Development Mutual Fund (Pag-Ibig Fund)

http://www.pagibigfund.gov.ph/hf/aa.aspx

• Bangko Sentral ng Pilipinas (BSP)

http://www.bsp.gov.ph/loans/asset_properties.asp

• Government Service Insurance System (GSIS)

http://www.gsis.gov.ph/content.asp?ContentId=598

• Social Security System (SSS)

http://www.sss.gov.ph/sss/index2.jsp?secid=1&cat=9&pg=null

Free talks and seminars
I was able to get a copy of the program of activities from the HUDCC booth and was happy to find out that there will be a talk on How to detect a fake title which should come in handy when we do our due diligence and this will be held on the second day which is on Monday, December 28, 2009, from 4:15pm to 5:00pm. This means I will be attending day 2 of the event and I also look forward to the other topics. Please see below the complete program of activities and see if any of the topics interest you.

4th Housing Fair 2009 Program of Activities

December 27, 2009 (Sunday)

10:00 a.m. – 10:45 a.m.

NHMFC Programs
Ms.Tita R. Puzon
Manager
Asset Management Department (NHMFC)

10:45 a.m. – 11:30 a.m.

How to avail of Housing Loan from Pag-IBIG?
Ms. Caressa Pascua
Acquired Assets Officer II
Acquired Assets Department (Pag-IBIG Fund)

11:30 a.m. – 12:30 p.m.

Raffle/Lunch Break

12:30 p.m. – 1:15 p.m.

BSP Housing Program
Ms. Louella Veloro
Acting Deputy Director
Assets Management Department (BSP)

1:15 p.m. – 2:00 p.m.

HGC Programs
Ms. Ma. Caridad Calingo
Manager
Sales and Marketing Department (HGC)

2:00 p.m. – 3:00 p.m.

Ribbon Cutting to be led by His Excellency Vice President Noli De Castro
Tour of Exhibits
(Pag-IBIG Fund Chorale to render Christmas carols during the tour)

3:00 p.m. – 5:00 p.m.

Song number by Apple Chiu of Singing Bee

5:00 p.m. – 6:00 p.m.

Raffle

December 28, 2009 (Monday)

10:00 a.m. – 12:00 p.m.

Participating Exhibitors Product Presentation

12:00 p.m. – 1:00 p.m.

Raffle/lunch Break

1:00 p.m. – 2:00 p.m.

SSS Dance Troupe

2:00 p.m. – 2:45 p.m.

SSS Housing Program
Mr. Tomas Ramirez
Section Head
Real Estate Department (SSS)

2:45 p.m. – 3:30 p.m.

How to avail of Housing Loan from Pag-IBIG?
Ms. Mayette Donato
Senior Accounts Management Specialist
Acquired Assets Department (Pag-IBIG Fund)

3:30 p.m.  – 4:15 p.m.

How to identify Professional Squatters and Squatting Syndicates and their Modus Operandi?
Police Sr. Inspector Arnulfo Celestial
National Police Task Force Against Professional Squatters & Squatting Syndicate

4:15 p.m. – 5:00 p.m.

How to detect a fake title?
Mr. Emil Pugongan
Manager, One-Stop-Shop
Land Registration Authority

5:00 p.m. – 6:00 p.m.

Raffle

December 29, 2009 (Tuesday)

10:00 a.m.  – 11:00 a.m.

Participating Exhibitors Product Presentation

11:00 a.m. – 12:00 p.m.

SSS Chorale

12:00 p.m. – 12:30 p.m.

Raffle/Lunch Break

12:30 p.m. – 1:15 p.m.

Community Mortgage program (CMP) orientation
Ms. Elvira Inton
Division Chief
Public Affairs Department (SHFC)

1:15 p.m. – 2:00 p.m.

GSIS Housing Program
Mr. Jose Antonio Bayoneta
Vice President
Marketing and Housing-NCR (GSIS)

2:00 p.m. – 2:45 p.m.

How to avail of Housing Loan from Pag-IBIG?
Mr. Herminio Ruiz
Account Officer III
Acquired Assets Department (Pag-IBIG Fund)

2:45 p.m. – 3:30 p.m.

Why Deal with Licensed Brokers?
Ms. Edith Barrameda
Regional Officer
NCR (Expanded) – Field Office (HLURB)

3:30 p.m. –  4:15 p.m.

NHA programs: North and South Rail Project
Arch. Susan Nonato
Deputy Area Management Officer
Southern Bicol Region (NHA)

4:15 p.m. -5:00 p.m.

Socialized and Low-Cost Housing Condonation and Loan Restructuring Program
Mr. Zacarias Abanes
Director, Policies and Program Development
Housing and Urban Development Coordinating Council (HUDCC)

5:00 p.m. onwards

Raffle and Closing Program
Asec. Pamela Felizarta (Closing Remarks)

Happy Hunting and I hope to see you there!

—

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
Become a Fan in Facebook:Foreclosure Philippines fan page

Text by Jay Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PPS. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

I attended the 4th Housing Fair 2009 at SM Megamall is a post from: Foreclosure Investing Philippines

Incoming search terms:

Post by Cherry Castillo

Oh yes ladies and gentlemen, I am on a roll! Today we have the PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao, updated as of November 18, 2009. I got these listings from PSBank’s website, the link to which I found from the Ultimate List of Bank Websites. Keep in mind that these foreclosed properties are for negotiated sale.

The Metro Manila listing includes foreclosed properties from the following areas:

• Caloocan
• Las Pinas
• Makati
• Malabon
• Mandaluyong
• Marikina
• Muntinlupa
• Paranaque
• Quezon City
• Taguig
• Valenzuela

Download the Metro Manila listing of foreclosed properties here!

The Rizal listing includes foreclosed properties from the following areas:

• Angono
• Antipolo
• Binangonan
• Cainta
• Montalban
• San Mateo

Download the Rizal listing of foreclosed properties here!

The Northern-Southern Luzon listing includes foreclosed properties from the following areas:

• Baguio
• Bulacan
• Cabanatuan
• Nueva Ecija
• Pampanga
• Tarlac
• Batangas
• Cavite
• Laguna
• Quezon Province

Download the Northern-Southern Luzon listing of foreclosed properties here!

The Visayas-Mindanao listing includes foreclosed properties from the following areas:

• Bacolod
• Cebu
• Iloilo City
• Negros Occidental

Download the Visayas-Mindanao listing of foreclosed properties here!

PSBank’s loan rates are very competitive, if you ask me. Their loan rate for home acquisition or construction, which is fixed for 10 years, is 10.5%, which is the same as the top rate for Pag-Ibig. Note that in Pag-Ibig, you would have to increase your monthly contribution if you will be loaning a big amount. Applying for a loan is easy as one may also apply online. Another big plus is that they will give you a decision on your application within five days, which is very fast. You may have some questions on your mind and you may find the answers here:

• http://psbank.ph/psbank/global//UserFiles/File/PSBank_FAQforHomeLoan.pdf

If after doing your due diligence, you decide to go for it, you may refer to these forms for the bank requirements:

Download the Offer to buy form here:

• http://www.psbank.com.ph/psbank/global//UserFiles/File/Offer%20to%20Buy%20Form.pdf

Download the Buyer’s Information Sheet here:

• http://www.psbank.com.ph/psbank/global//UserFiles/File/Buyers%20Info%20Sheet.pdf

Download the List of Requirements here:

• http://www.psbank.com.ph/psbank/global//UserFiles/File/REM%20List%20of%20Requirements.pdf

PSBank’s Home Loan Rates can be found here:

• http://www.psbank.com.ph/global/module.php?LM=loanrates

For inquiries, please call (02) 885-8208 and look for the following:

• Ms. Dulce Arcebal at local 8335 for Branch Sales;
• Ms. Len Bechayda at local 8016 for Broker Sales; and
• Ms. Carolyne Zapanta at local 8990 for Direct Buyers.

You may also e-mail them at assetsales@psbank.com.ph, ddarcebal@psbank.com.ph, jrbechayda@psbank.com.ph, or cbzapata@psbank.com.ph

Happy hunting!

Cherry Castillo

Cherry is my wife. She is a certified public accountant (CPA) and lawyer.

—

My vision – financial freedom for all!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter: http://twitter.com/jay_castillo
Become a Fan in Facebook: Foreclosure Philippines fan page

Text by Jay and Cherry Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PPS. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao is a post from: Foreclosure Investing Philippines

Incoming search terms:

My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by searching foreclosed property listings, and applicable tax exemptions and pending articles about this and other taxes that apply to real estate, which I hope she finishes soon…

I’m just glad that I was able to convince her to buy a property the way true real estate investors looks for a good deal. Knowing how stubborn she is, I was surprised how easy it was for me to convince her that this is a perfect opportunity for us (as a team) to find a really sound real estate investment that will produce a good positive cashflow if we decide to have it rented out, or sell it for a significant profit down the road. This can only happen if we buy a house well below market value and apply Rich Dad’s principle “… You make money when you buy, not when you sell” as often mentioned by Robert Kiyosaki, best selling author of “Rich Dad Poor Dad”.

Our journey to our new house

By Cherry Castillo

As most of you may already know, we are looking for a new house, as our old house was totally devastated by Ondoy. I am sure many of you are in the same boat as ours. Of course, our decision to move entails more decisions with regard to the next steps, such as:

1. What do we do with our old house? Right now, we have a payment holiday until January 15 with Pag-Ibig. But after that date, we have to continue paying the monthly amortizations. Admittedly, the market value of the house is in question, and it’s not practical to continue paying the amortizations which was based on the market value of Provident Village prior to Ondoy. The next question is, do we sell it now, do we let Pag-Ibig foreclose it, or do we surrender it through a dacion en pago (a.k.a. payment in kind – that is, we give the house as payment for the loan)? If we sell it now, we will be selling it at a loss, but we will be cutting our losses since we will stop paying the high monthly amortization. If we let Pag-Ibig foreclose it (or if we surrender it through dacion en pago), how do we go about it? While it is clear that my husband will no longer be able to take out another housing loan from Pag-Ibig, would it also affect my husband’s credit rating and prevent him from taking out a loan from banks?

2. Granted that we will be moving, where do we go? We can  go anywhere! Anywhere where there’s no flood of course. And since we are now so paranoid of natural (and man-made) calamities, if we are to move, we have to make sure that the area is one that was not reached by floods and that there is at least a second floor.  I don’t want to be in the mountainside too for fear of landslides. We are now open to condominiums (unlike before, when I really could not imagine living in one), but not those that are too high, as I am also concerned about earthquakes. You may have noticed that there have been a lot of news about earthquakes in the Asian region and in the Philippines in particular. I have been telling my officemates that the best place to be is in a low-rise condominium, somewhere in the 3^rd or 4^th floor, since it will not be reached by floods, the structure will be strong enough to withstand earthquakes, and if there’s a fire I can jump out of the window and just have broken bones, or, if there’s a swimming pool nearby, I can just go straight to it. I know it’s a bit on the psycho side but you really get to think a lot about these things if you’ve gone through the great flood brought about by Ondoy. Oh, I forgot, I don’t know how to swim. I better join my son in his swimming lessons this summer! And time to turn into reality the Ondoy-related ideas I have thought about.

3. Where are our target locations? I have narrowed down our choices to the elevated portions of Kapitolyo, Pasig, San Juan, and Quezon City near UP. Aside from the earlier-mentioned considerations, it is very important for us to be near to a good co-ed school for our son as he will be turning five in January 2010 already and it won’t be long before he enters elementary school. I have sort-of developed loyalty to Mother Goose  Playskool and Grade School (This is my son’s school in Provident Village, Marikina which was also devastated by Ondoy. Because they have several branches, they allowed my son to finish the rest of the school year in their Makati branch. Mabuhay ang Mother Goose!) so I want to find a house near a Mother Goose branch. As for my work, I am currently working in Makati but I am open to moving to Ortigas or QC, or maybe if my husband’s business picks up, I might just help him in the business. One of the best lessons I learned in the past years is that TIME is the most precious commodity. There are only 24 hours in a day and spending it on the road is totally useless. So the house should be near the place of work and study. In the course of my research, I have learned that prices are really so steep in the good areas.

4. This of course led me to search our site for foreclosed property listings (In the right side of the this page, you can use the “search” function to look for listings in this site.) I have also called several banks so I have updated listings with me, which my husband will be posting soon. I have also revisited my husband’s post on the Ultimate List of Bank Websites and I have found some updated listings there too. I have found a lot of promising properties and I must admit that it’s really exciting looking for good buys. I have been a bit depressed since last week, after I visited our old house and saw its sorry state. I determined that the only way for me to get out of depression is to finally have a new house! I have been joking that leaving our house is like breaking up with a boyfriend of 5 years – the only way to have closure is to have a new house/boyfriend! The process of looking for and deciding on the perfect place to grow our roots is both tiring and exciting. I do hope we find the house meant for us soon. We have visited a foreclosed property in Mandaluyong last week, full of excitement, only to have our bubble burst because of the really bad neighborhood, one of the worst as my husband put it (And he grew up in Mandaluyong! I really don’t understand why the Mandaluyong local government spends so much money fixing the islands  when they have so many squatters!).  My husband reminded me that it should be the other way around – we should find the worst looking house in a good neighborhood. I have also selected several properties and when I called up the bank, I discovered that they either have pending cases or encumbrances, or the bank does not have possession. Hay! I guess we have to look at more foreclosed properties (Around 100 more according to my husband – that’s a lot!). In God’s time, I know we will find the one for us.

5. Applicable taxes and tax exemptions? Being the tax person that I am, I really have to consider taking advantage of the  capital gains tax (CGT) exemption from the sale of principal residence. I also need to create a post about this and all the other taxes – real property tax (RPT), percentage taxes, VAT, etc. (Okay, I’m really delinquent I admit!).

So basically, we will be going through the entire process of choosing a property that will also be a good investment. We are also looking at other properties, though not foreclosed but are rather houses for sale by owner (FSBO), but which look like good deals. We will do our best to document each step of the way so that it can be a handy and useful guide for everybody, much like a walk-through of the process. Wish us luck!

Cherry is my wife. She is a certified public accountant (CPA) and lawyer.

—

My vision – financial freedom for all!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Twitter: http://twitter.com/jay_castillo
Facebook: Foreclosure Philippines fan page

Text by Jay Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PS2. Larry Gamboa and Bo Sanchez will give the Think Rich Pinoy Seminar this November 21 at the Philamlife Building in UN avenue in Manila. Larry will discuss his unique Real Estate methods, buying foreclosed properties and turning them around for passive income. You’ll also get to play Robert Kiyosaki’s CashFlow 101 Game and learn! To attend, click here now!

PS3. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

Our journey to our new house – Finding a new home like true real estate investors is a post from: Foreclosure Investing Philippines

Incoming search terms:

Thanks to a recent comment by Diane on my previous post containing foreclosed property listings from Bahay Financial Services (BFS), I called up BFS and requested for an updated copy of their list of foreclosed properties. I got an updated list through e-mail immediately after my call, nice! The foreclosed property listing I received is updated as of September 2009. I also found out that BFS usually updates their listings only once every 2 months so there really is a possibility for sold properties to remain on the list. Due to the large number of foreclosed properties in their inventory, it really would be difficult for them to have their lists updated in real time.

Anyway, the list of foreclosed homes from BFS currently includes properties from the following areas and subdivisions:

Metro Manila

• KALOOKAN CITY
  • ALMAR SUBD.
  • BAGONG SILANG PROJECT
  • CAPITOL PARK HOMES II
  • CASIMIRO TOWNHOMES
  • CRISTINA HOMES
  • DOLMAR GOLDEN HILLS SUBD.
  • ESTRELLA HOMES SUBD. II
  • EVERGREEN EXEC. VILLAGE
  • GOOD HARVEST PARK SUBD.
  • HILLCREST VILLAGE
  • HILLCREST VILLAGE III-C
  • KINGSTOWN SUBD.
  • MAYVILLE SUBD.
  • METROPOLIS NORTH SUBD.
  • NATIVIDAD SUBD.
  • NORTH CREST VILLAGE
  • PALMERA HOMES CELERINA
  • PALMERA HOMES CELERINA NORTH II
  • PALMERA HOMES-NOVALICHES EAST III-A
  • PALMERA HOMES-NOVALICHES NORTH II
  • PALMERA HOMES-NOVALICHES NORTH III-A
  • PALMERA HOMES-SPRINGS II
  • PALMERA HOMES-SPRINGS III
  • PALMERA HOMES-SPRINGS III-A
  • PALMERA HOMES-SPRINGS IV
  • PALMERA HOMES-SPRINGS V
  • SHELTERVILLE SUBD. I
  • SM HOMES SUBD.
  • TIERRA NOVA
  • TIERRA NOVA ROYALE
  • TIERRA NOVA ROYALE I
  • VILLA LUISA HOMES NORTH
• LAS PIÑAS CITY
  • CAMELLA HOMES CLASSIC II
  • CAMELLA TOWNHOMES CLASSIC
  • MERITVILLE TOWNHOMES
  • VERAVILLE TOWNHOMES CLASSIC
  • VERAVILLE TOWNHOMES I
  • VERAVILLE TOWNHOMES III
  • CAMELLA TOWNHOMES CLASSIC
  • KALIKASAN HOUSING PROJECT
  • MERITVILLE TOWNHOMES
  • MERITVILLE TOWNHOMES I
  • MERITVILLE TOWNHOMES II
  • VERAVILLE TOWNHOMES
  • VERAVILLE TOWNHOMES CLASSIC
  • VERAVILLE TOWNHOMES III
• MARIKINA CITY
  • PALMERA HOMES CENTRO
• MUNTINLUPA CITY
  • CAMELLA HOMES-RIDGEVIEW
  • CAMELLA HOMES-RIDGEVIEW I
  • CAMELLA HOMES-RIDGEVIEW II
  • CAMELLA HOMES-RIDGEVIEW SOUTH III
  • SOUTH GREENHEIGHTS VILLAGE
  • PARANAQUE CITY
  • RSG AIRPORT VIEW TOWNHOMES SUBD.
  • QUEZON CITY
  • COMMONWEALTH TOWNHOMES
  • VERONICA’S COURT SUBD.
  • VIOLAGO HOMES PARKWOOD HILLS SUBD.

Bulacan

• AZICATE HOMES II – BOCAUE
• HAZEL HEIGHTS SUBD. – CALUMPIT
• ROCKA VILLAGE III – GUIGUINTO

• MALOLOS
  • COMPOUND
  • HUMEL HERITAGE HOMES
  • MAUNLAD HOMES SUBD.
  • SAINT PAUL VILLAGE

• MARILAO
  • EMERSON SUBD.
  • HERITAGE HOMES
  • TOWN AND RY NORTH EXEC. VILLAGE

• MEYCAUAYAN
  • CITATION HOMES
  • ELYSIAN HOMES

• SUNNY HOMES – PANDI

• PLARIDEL
  • DONA CRISPINA HOMES
  • MARY GRACE TOWNHOMES
  • ROCKA VILLAGE II

• SAN JOSE DEL MONTE CITY
  • CARISSA HOMES NORTH
  • CARISSA HOMES NORTH I
  • CARISSA HOMES NORTH II
  • CARISSA HOMES NORTH III
  • CARISSA HOMES NORTH IV
  • CARISSA HOMES NORTH IV-A
  • CARISSA HOMES NORTH IV-B
  • CARISSA HOMES NORTH V
  • CARISSA HOMES NORTH V-A
  • CARISSA HOMES NORTH VI
  • HARMONY HILLS SUBD.
  • NAYONG LOURDES SUBD.
  • NORTH HILLS SUBD.
  • PALMERA HOMES-LA POBLACION I
  • PALMERA HOMES-LA POBLACION II
  • PALMERA HOMES-NORTHRIDGE SUBD.
  • PALMERA HOMES-NORTHWINDS CITY
  • PALMERA HOMES-NORTHWINDS CITY I
  • PALMERA HOMES-NORTHWINDS CITY II
  • PALMERA HOMES-NORTHWINDS CITY II-A
  • PALMERA HOMES-NORTHWINDS CITY II-B
  • PALMERA HOMES-NORTHWINDS CITY III
  • PALMERA HOMES-NORTHWINDS CITY III-A
  • PALMERA HOMES-NORTHWINDS CITY IV
  • PALMERA HOMES-NORTHWINDS CITY IV-A
  • PALMERA HOMES-NORTHWINDS CITY V
  • PALMERA HOMES-NORTHWINDS CITY VI
  • PALMERA HOMES-NORTHWINDS CITY VI
  • PALMERA HOMES-NORTHWINDS CITY VII
  • PLEASANT HILL SUBD.
  • SARMIENTO TOWNVILLE

• CALIFORNIA HILLS SUBD. – SANTA MARIA

Cavite

• Bacoor
  • CAMELLA HOMES-SPRINGVILLE
  • CAMELLA HOMES-SPRINGVILLE CENTRAL
  • CAMELLA HOMES-SPRINGVILLE CENTRAL
  • CAMELLA HOMES-SPRINGVILLE CENTRAL II
  • CAMELLA HOMES-SPRINGVILLE CLASSIC
  • CAMELLA HOMES-SPRINGVILLE EAST
  • CAMELLA HOMES-SPRINGVILLE GARDENS
  • CAMELLA HOMES-SPRINGVILLE GARDENS II
  • CAMELLA HOMES-SPRINGVILLE GARDENS III
  • CAMELLA HOMES-SPRINGVILLE HEIGHTS
  • CAMELLA HOMES-SPRINGVILLE HEIGHTS I
  • CAMELLA HOMES-SPRINGVILLE HEIGHTS II
  • CAMELLA HOMES-SPRINGVILLE HEIGHTS III
  • CAMELLA HOMES-SPRINGVILLE HEIGHTS IV
  • CAMELLA HOMES-SPRINGVILLE II
  • CAMELLA HOMES-SPRINGVILLE III
  • CAMELLA HOMES-SPRINGVILLE NORTH
  • CAMELLA HOMES-SPRINGVILLE SOUTH
  • CAMELLA HOMES-SPRINGVILLE WEST
  • CAMELLA HOMES-SPRINGVILLE WEST III

Laguna

• LAKESHORE SUBD. – BAY
• BINAN
  • ADELINA COMPLEX III
  • GOLDEN CITY SUBD.
  • JUANA COMPLEX
  • OLIVAREZ HOMES SOUTH
  • SILMER VILLAGE
  • SOUTHPLAINS SUBD.
  • TOWN AND RY SOUTHVILLE
  • ADELINA COMPLEX III
  • GOLDEN CITY SUBD. BINAN
  • JUANA COMPLEX
  • MERCEDES HOMES SUBD. III
  • MERCEDES HOMES SUBD. III-A
  • OLIVAREZ HOMES SOUTH
  • SOUTHPLAINS SUBD.
  • SOUTHPLAINS SUBD. I
  • TOWN AND RY SOUTHVILLE
• CABUYAO
  • MILLWOOD VILLE SUBD.
  • SAN ISIDRO HOMES
  • VILLA ADELINA SUBD. II
• CALAMBA CITY
  • CABRERA COMPOUND
  • GRACE ANN COMPOUND
  • KAPAYAPAAN VILLE SUBD.
  • MA. SALOME SUBD.
  • VILLA CARPIO SUBD.
  • VILLA CONSOLACION SUBD.
  • VILLA DE CALAMBA SUBD.
  • VILLA PALAO SUBD.
• SAN PABLO CITY
  • MARYLAND HOMES III
• SAN PEDRO
  • CAMELLA HOMES SOUTH II
  • CAMELLA HOMES WOODHILLS
  • CAMELLA HOMES WOODHILLS
  • CAMELLA HOMES-MILAN
  • CAMELLA HOMES-SOUTH
  • CAMELLA HOMES-SOUTH I
  • CAMELLA HOMES-SOUTH II
  • CONPIL VILLAGE II
  • HOLIDAY HILLS SUBD.
  • MARYLAND HOMES I
  • MERCEDES HOMES I
  • REAVILLE SUBD.
  • SOUTHFAIRWAY HOMES CLASSIC
  • SOUTHFAIRWAY HOMES CLASSIC I
  • VILLA MILAGROSA – SAN PEDRO
  • VILLA SAN PEDRO SUBD.
• SANTA CRUZ
  • ATDRMAM SUBD.
• SANTA ROSA
  • CIUDAD GRANDE SOUTH I
  • CONSOLE VILLAGE
  • CONSOLE VILLAGE IV
  • FLORENCEVILLE SUBD.
  • GOLDEN CITY SUBD. STA. ROSA
  • SAN LORENZO SOUTH
  • STA. ROSA MASS HOUSING VILLAGE
  • TBV
  • SAN LORENZO SOUTH

RIZAL

• ANGONO
  • DURAVILLE HOMES
  • GRAND VALLEY SUBD.
  • HOMEPOINT VILLAGE II
• ANTIPOLO CITY
  • ANTIPOLO EMPRESS
  • ANTIPOLO HILLS SUBD.
  • DN TOWERHILL VILLAGE TOWNHOUSE CONDO.
  • GRAND HEIGHTS SUBD.
  • KRISTINA HOMES
  • MAYA FARMS EMPLOYEES HOUSING PROJECT
  • PALMERA HEIGHTS
  • PALMERA HOMES-ORTIGAS V
  • PALMERA HOMES-ORTIGAS VB
  • PALMERA HOMES-WOODLANDS
  • PEACE VILLAGE
  • PIEDRA BLANCA SUBD.
  • SANTANA VILLAGE
  • VISTA VERDE RY HOMES
• CAINTA
  • APPLE VILLAGE I
• RODRIGUEZ
  • CORTIJOS DE SAN RAFAEL SUBD.
  • MONTAVILLA SUBD.
• SAN MATEO
  • BANKERS VILLAGE V
  • DIVINE MERCY VILLAGE
  • MONCARLO VILLAGE
  • MONTEREY HILLS SUBD.
  • NEW SAN MATEO SUBD.
  • PALMERA HOMES-CARISSA EAST I
  • PALMERA HOMES-CARISSA EAST II
  • SUNNYVILLE SUBD. IV
  • TIERRA MONTE
  • TIERRA MONTE I
  • TIERRA MONTE II
  • TIERRA MONTE III
• TAYTAY
  • FATIMA COURT TOWER HILLS SUBD.
  • PALMERA HOMES-ORTIGAS II
  • PALMERA HOMES-ORTIGAS III
  • PALMERA HOMES-ORTIGAS IV
  • PALMERA HOMES-ORTIGAS VI

Click here to download the BFS Metro Manila and Luzon foreclosed property listings updated as of September 2009.(Source: Miriam S. Ramires, BFS Sales Manager)

You may call BFS for more information through the following:

• Direct Lines: 817-5184, 893-1613, 756-6303
• Trunk Lines: 750-3888, 892-6100, 756-6267
  • Locals: 479,546, 582, 835, 836, 839, 840, 841, 332, 338, 396, 409, 422, 433, 462, 516, 523, and 542

Or Visit their Property Operations and Sales Group

• Makati Office: 8th Floor, Banco de Oro Plaza Bldg., Paseo de Roxas, Makati City
• Alabang Office: 8/F Tower 2, Insular Life Corporate Center, Insular Life Drive, Filinvest Corporate City, Alabang, Muntinlupa
• Davao Office: Unit 301 Plaza de Luisa, 140 Ramon Magsaysay Avenue, Davao City w/ Tel. No. (082) 2210809

You may also visit their website: http://www.bfs.com.ph

Happy hunting!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor [at] gmail [dot] com

Text by Jay Castillo. Copyright © 2009 All rights reserved.

P.S. – If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

P.P.S – If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

Bahay Financial Services (BFS) foreclosed property listings updated as of September 2009 is a post from: Foreclosure Investing Philippines

Incoming search terms:

As 2008 comes to an end, first and foremost, I would like to say thank you to all of you my dear readers and visitors. I created this blog only recently, last October 31, 2008 to be exact, and I am still dumbfounded by the number of visitors of this blog.

Each time CJ, my three year old son says “Look at those dots, pindot na (click on them now) daddy!” while pointing to my Clustermaps image(at the right side bar near the bottom), it makes me feel good with the notion that you do find this blog helpful.

Well, I really hope that you really do find value in Foreclosure Philippines and if there’s anything that I can do to improve it, comments and suggestions are always welcome.

Why did I start Foreclosure Philippines?

Looking back, why did I write this blog in the first place? Initially, this was supposed to be just an experiment as I was looking for a way to have all my foreclosed property listings accessible from anywhere from my PDA, eliminating the need to bring the actual classified ads with me.

I remember that during that time, I have just finished helping facilitate an internet marketing workshop of Jomar Hilario, courtesy of an invitation from Thea Santos, and I said to myself I might as well create a blog for this purpose.

I also remember that I was also trying to convince some of my friends and officemates to start investing in foreclosures using our 13th month pay and Christmas Bonus and I found it very tedious to keep on bringing copies of the classified ads along with website addresses of HGC, Pag-IBIG, SSS, etc. so I just posted these in my blog and continued posting new listings.

More inspiration…

What inspired me more was when my wife and I decided to share our experiences in the tax foreclosure auction in Marikina and I was overwhelmed with the response from visitors and readers. This became a fuel for the passion inside of me. As they say, the rest is history.

I am a real estate investor…

By the way, I just want to make it clear that I am not a real estate guru; I certainly would not want anyone to think that I am. I am simply just like any other real estate investor who just happens to focus on foreclosed real estate, and wants to share experiences, insights, and lessons learned along the way through his journey to financial freedom.

There are more than enough great real estate deals for everyone

Now some would probably say that by sharing these, along with the property listings I get, I might be losing deals to competition or other real estate investors. In my point of view, there’s simply more than enough great deals for everyone. We should all have an abundance mentality.

Besides, most of the information I learned which got me interested in investing in real estate came from mentors and fellow real estate investors who did not hesitate to share these with me. Now if I started becoming selfish and self-centered, that wouldn’t be right would it?

Helping fellow real estate investors

As we welcome 2009, I hope I can continue to help fellow pinoy real estate investors like me through this blog. In addition to foreclosed property listings, let’s share experiences, challenges, success stories, and virtually anything that can help each other make 2009 another successful year for foreclosed real estate investing.

If you have any questions, concerns, comments, or suggestions, just let me know and I’ll see what I can do about it, and please don’t forget to subscribe to my mailing list so you won’t miss a thing.

I wish you all a Happy New Year, and more successful investing in foreclosures for 2009!

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
Become a Fan in Facebook:Foreclosure Philippines fan page

Text by Jay 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. If you know anyone else who might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may also subscribe through my RSS Feed.

Happy New Year and more successful investing in foreclosures for 2009! is a post from: Foreclosure Investing Philippines

Incoming search terms: