Filed under Financing, Frequently Asked Questions by Jay on February 23, 2010 at 10:15 am
3 comments
Another frequently asked question I often receive is “Can I buy bank foreclosed properties with financing through a Pag-IBIG housing loan?” and the quick answer I give is “It depends…”. Obviously, if you buy a foreclosed property from Pag-IBIG, you can finance it through a Pag-IBIG housing loan.
But how about foreclosed properties from banks, can [...]
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Filed under Acquired assets, BSP by Jay on January 5, 2010 at 8:37 pm
8 comments
This is the second installment of listings of foreclosed properties which I am posting for the benefit of those who were unable to attend the 4th Housing Fair which was held recently at SM Megamall and also for those who attended but were unable to get a copy. This installment features foreclosed properties from the [...]
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Filed under Act No. 4118, Real estate laws by Jay on December 21, 2009 at 4:00 am
2 comments
As mentioned in my previous post which contains the full text of Act No. 3135, I am posting here Act No. 4118 which amends the original Act 3135. However, after reading the contents of Act No. 4118, I am inclined to believe that the full text of Act 3135 which I shared in my previous [...]
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Filed under Act No. 3135, Real estate laws by Jay on December 14, 2009 at 10:00 am
5 comments
I attended a seminar on how to prevent foreclosures more than a year ago and I often heard the speaker talk about Act No. 3135 which is An Act to Regulate the Sale of Property under Special Powers Inserted in or Annexed to Real Estate Mortgages. I can’t remember exactly who gave the seminar because [...]
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Filed under Mortgages by Jay on November 23, 2009 at 10:29 pm
3 comments
A guest post by Samantha from MortgageFit
Taking out the right kind of mortgage can be a harrowing experience unless you know your mortgage requirements well. Many consumers take out mortgages only to repent later as they are unable to negotiate with mortgage lenders on favorable terms. It is best to walk into your lender’s office [...]
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Filed under Bahay Financial Services, Foreclosed Homes Listings by Jay on January 12, 2009 at 12:05 pm
117 comments
Bahay Financial Services or BFS currently has a vast inventory of pre-owned or foreclosed properties for sale that includes investment/budget homes and lots. Their current listing includes properties in attractive locations in the National Capital Region (NCR), CALABARZON, Visayas, and Mindanao. I have checked the listing and I noted that it includes more than 3,000 [...]
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