The Property Forum Philippines will be having another auction of foreclosed properties entitled “El Subastajero’s Choice Auction”. One odd thing I noticed however is that there was neither any date nor time indicated in the auction announcement. I believe these details are too important to be left out so I  was thinking they might have done this on purpose. Now why would they do such a thing?

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As mentioned in my recent post about PNB’s Asset Gazette for January 2010, Property Forum Philippines will be conducting a series of “New Moon” auctions of foreclosed properties that coincide with the actual dates of the “New Moon”. This particular auction will be held on February 13, 2010, at Max’s Restaurant, Jupiter St., Makati City, Philippines. Registration starts at 8:00am and the auction proper starts at 9:00am. Read the rest of this entry

Today, I am posting the PNB Asset Gazette for January 2010 which features just some of the prime foreclosed properties for sale in their first public sealed bidding scheduled this year. According to the Asset Gazette, the Philippine National Bank-Special Assets Management Sector or PNB-SAMS has slated 10 public sealed biddings for the year 2010. The first of these will be on January 29, 2010 and you can read more about it in my previous post: PNB to sell prime foreclosed properties through public sealed bidding.

7 of the 47 foreclosed properties that are up for sale through sealed bidding on the 29th of January are featured in the asset gazette and you will get to see pictures of the properties along with some basic details. Read the rest of this entry

Property Forum Philippines shall be conducting a “Thanksgiving Auction” of foreclosed properties on November 28, 2009 at Max’s Parksquare, Glorietta, Makati City, Philippines. Registration starts at 8:00AM and the auction proper starts at 9:00AM.

Keep in mind that the foreclosed properties can be purchased for as little as 10% downpayment. A pre-auction reservation fee of Php25,000 per property is required.

The auction is to be conducted by Noli “El Subastajero” Alleje. Read the rest of this entry

I found this very interesting advertorial in the in-flight magazine of the Cebu Pacific flight we took in our recent Boracay vacation and I just want to share it to all of you here, along with my insights and opinions. The advertorial which I am posting below is from The Property Forum Philippines, one of the top property auctioneers in the Philippines. Its president, Mr. Noli “El Subastajero” Alleje, has become a very familiar face when it comes to auctions of foreclosed properties. Read the rest of this entry