The Quezon City Office of the Treasurer has recently issued a notice with regard to tax delinquent real properties that will be up for sale through public auction on December 8, 2011, at 10:00am.

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The venue of the public auction will be the Ground Floor, Taxpayer’s Assessment and Payment Lounge, City Hall Complex, Quezon City, Philippines.

This tax foreclosure auction sale is to be conducted by virtue of the provisions of Sections 260 and 263 of RA 7160, otherwise know as the Local Government Code of 1991.

Complete list of Quezon City Tax delinquent real properties

The complete list of Quezon City Tax delinquent real properties can be found below. Click to view/right-click to save. Please take note that due to the large file sizes (around 1.2Mb each), it may take some time to view/download these files, depending on your internet connection speed.

By the way, I apologize if some parts of the list are hard to read, the print quality of the notice of sale was not so good.

Quezon City Tax Delinquent Properties Auction - December 8 2011 Page 1 of 4

Quezon City Tax Delinquent Properties Auction - December 8 2011 Page 2 of 4

Quezon City Tax Delinquent Properties Auction - December 8 2011 Page 3 of 4

Quezon City Tax Delinquent Properties Auction - December 8 2011 Page 4 of 4

Also available: Click here to download a PDF version of the complete list of Quezon City tax delinquent properties for sale on December 8, 2011 (this contains all 4 pages in a single PDF file)
Source: Philippine Star print edition, November 21, 2011, page B-14 to B-17

*Please take note that as the auction draws near, many of the owners of the properties on the list will have already settled the arrears on the properties. This means the actual list of properties for sale during the auction will contain fewer properties than the list above.

Note: As per notice of sale above, prospective bidders on the Public Auction Sale are required to post cash bond of ten thousand pesos (Php 10,000.00).

Interested parties who need more information may visit or call the Quezon City Treasury Department.

Contact numbers for the Quezon City Treasurer’s Office can be found in the official website of the Local Government Quezon City through this link:

• http://www.quezoncity.gov.ph/index.php?option=com_content&view=article&id=277%3Atreasurer&catid=64%3Acompeting-on-efficiencies&Itemid=1

~~~

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194
Blog: http://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.

Quezon City Tax Delinquent Real Properties auction slated on December 8, 2011 is a post from: Foreclosure Investing Philippines

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As mentioned in my recent post about LandBank foreclosed properties, the Quezon City Office of the Treasurer shall be selling through public auction a large number of tax delinquent properties on December 16, 2010, 10:00am, at the Taxpayer’s Assessment and Payment Lounge, Quezon City Hall, Diliman Quezon City, Philippines.

This tax foreclosure auction is to be conducted by virtue of the provisions of Section 260 and 263 of RA 7160, otherwise known as the Local Government Code of 1991. This was announced through the notice of sale below.

Quezon City Notice of Sale for delinquent real property on December 16, 2010

• Page 1 of 5 (click to enlarge, right click to download)

Quezon City Notice of Sale of delinquent real property page 1 of 5 (click to enlarge, right click to download)

• Page 2 of 5 (click to enlarge, right click to download)

Quezon City Notice of Sale of delinquent real property page 2 of 5 (click to enlarge, right click to download)

• Page 3 of 5 (click to enlarge, right click to download)

Quezon City Notice of Sale of delinquent real property page 3 of 5 (click to enlarge, right click to download)

• Page 4 of 5 (click to enlarge, right click to download)

Quezon City Notice of Sale of delinquent real property page 4 of 5 (click to enlarge, right click to download)

• Page 5 of 5 (click to enlarge, right click to download)

Quezon City Notice of Sale of delinquent real property page 5 of 5 (click to enlarge, right click to download)

Source: Philippine Star, December 6, 2010 edition, page B-7 to B-11

Interested bidders are required to post a cash bond of Php10,000. As far as I know, this is refundable, unless the auction rules have changed. In contrast, the cash bond for the Tagaytay Auction held recently was not refundable.

Thinking of investing in tax delinquent properties in Quezon City?

If you are interested and plan to attend the auction of tax delinquent properties in Quezon City, checkout these four tips for real estate investors. I attended the Quezon City auction last July 8, 2010 with my good friend Bryan Uy. Due to lack of time to do any due diligence, we did not bid and just observed the proceedings. Checkout the pictures below.

The front of the Quezon City tax payers lounge. Parking is packed so I suggest you come early.

Bryan Uy checking out some of the tax delinquent properties for auction in Quezon City. This list of tax delinquent properties just outside the lounge is the most updated one

Inside the tax payers lounge just before the auction started

Want to learn more about tax delinquent properties?

If you want to learn more about tax delinquent properties and what goes on during the auction, checkout this post about the last auction conducted in Marikina City which my wife and I attended.

Happy hunting!

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. 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. Mailbox getting full? Subscribe through my RSS Feed instead!

Notice of sale for Quezon City tax delinquent properties auction on December 16, 2010 is a post from: Foreclosure Investing Philippines

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I just found this notice for Quezon City taxpayers yesterday and thought of sharing it here. The Quezon City Treasurer shall be holding a tax foreclosure auction sale of all real properties with delinquent tax payments and it will be held on October 7, 2010, at the ground floor, Taxpayer’s assessment and payment Lounge, Quezon City Hall. The full text of notice follows.

NOTICE TO Q.C. TAXPAYERS

THE CITY TREASURER SHALL HOLD AN AUCTION SALE OF ALL REAL PROPERTIES WITH DELINQUENT TAX PAYMENTS ON LAND, BUILDING AND MACHINERIES AT 10:00 AM, ON OCTOBER 7, 2010, GROUND FLOOR, TAXPAYER’S ASSESSMENT AND PAYMENT LOUNGE, QUEZON CITY HALL.

IN THIS CONNECTION, ALL TAXPAYERS ARE ADVISED TO SETTLE/UPDATE REALTY TAX ARREARAGES BEFORE THE SAID DATE TO AVOID INCLUSION OF THEIR PROPERTIES.

ALL PROSPECTIVE BIDDERS ARE ALSO REQUESTED TO VERIFY THE PROPERTIES TO BE BIDDED WITH THE CITY ASSESOR’S OFFICE AND THE REGISTER OF DEEDS OF QUEZON CITY.

ALL PROPERTY OWNERS WITH NEWLY ACQUIRED PROPERTIES ARE REQUIRED TO SUBMIT TO THE CITY ASSESSOR’S OFFICE A CERTIFIED TRUE COPY OF THEIR TRANSFER OF CERTIFICATE OF TITLE (TCT) FOR REGISTRATION PURPOSES, AND ISSUANCE OF NEW TAX DECLARATION AND CORRESPONDING TAX CLEARANCE.

(SGD.) EDGAR P. VILLANUEVA

City Treasurer

The original notice can be seen belowSource: Philippine Star, September 7 issue, page B-9

List of tax delinquent properties for sale

Sorry guys and gals, I don’t have a copy of the complete list of Quezon City tax delinquent properties for sale on October 7, 2010, I only got the notice. The complete list of tax delinquent properties for sale is now available. Click here to view the complete list. Keep in mind that the list will grow shorter as I am hoping that residents with tax delinquencies will settle/update all their realty taxes prior to the auction.

If you are interested on joining the tax foreclosure auction and want to get a copy of the tax delinquent properties for sale, I highly suggest that you drop by the Quezon City Taxpayer’s Lounge and get a copy from their office directly.

It is open from Mondays to Fridays, 7:00 AM to 5:00 PM, except during January of every year when the City Treasurer’s Office is open 7 days a week.

Schedule of Sale of Tax Delinquent Properties

If you will notice, the Quezon City Treasurer’s office has been regularly conducting their tax foreclosure auctions on a quarterly basis. I checked their website and found the following schedule, so it’s confirmed, they will auction tax delinquent properties on a quarterly basis, at least until the end of 2010.

Schedule of Sale of Delinquent Real Properties

• April 6, 2010 – 1st schedule of sale delinquent real properties
• July 2010 – 2nd schedule of sale delinquent real properties
• October 2010 – 3rd schedule of sale delinquent real properties
• December 2010 – 4th and last schedule of sale delinquent real properties

Want to learn more about investing in tax delinquent properties?

If investing in tax delinquent properties is new to you, checkout these posts about my own lessons learned:

• Four tips for investors who plan to invest in tax delinquent real properties in Quezon City
• Tax foreclosure auctions are held by virtue of  Sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991
• 9 Lessons Learned From The Real Property Tax Foreclosure Auction Sale In Quezon City
• Lessons learned from the Marikina Public Auction of Real Properties with Tax Delinquencies we attended last November 13, 2008
• Click here to view all posts under the Tax Delinquent Properties category

Happy investing!

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. 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!

Quezon City Treasurer to hold tax foreclosure auction on October 7, 2010 is a post from: Foreclosure Investing Philippines

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The Quezon City Office of the City Treasurer has recently issued another notice of sale of delinquent real properties which shall be sold through public auction on July 8, 2010, 10:00am, at the main entrance of the Taxpayer’s Assessment and Payment Lounge, Quezon City Hall, Quezon City.

If you plan  to invest in tax delinquent real properties in Quezon City, I have here four tips for you. But before that, let me share a brief overview on  tax delinquent real properties.

What are tax delinquent real properties?

Tax delinquent real properties are properties that have been certified by the City Treasurer to be delinquent in the payment of real property taxes, penalties, and cost due thereon as of the date of publication of the notice of sale. These shall be sold through a public auction by virtue of the provisions of Section 260 and 263 of RA 7160, otherwise known as the Local Government Code of 1991. This can also be referred to as a tax foreclosure auction.

The notice of sale for this particular tax foreclosure auction in Quezon City was published last June 14, 2010 in the Philippine Star, pages B-12 to B-15. Due to the large listing of tax delinquent properties, I have split them into four parts which can be downloaded below.

• Part 1

• Part 2

• Part 3

• Part 4

Four tips for real estate investors

Here are my four tips for real estate investors who plan to participate in the Quezon City Tax foreclosure auction on July 8, 2010:

Tip #1

Disregard the address that you will find on the list under the column “Declared Owner”. This is the address of the declared owner, NOT the address of the tax delinquent property that will be auctioned. To determine the address of the property, proceed to Tip #2.

Tip #2

To get the actual address of the property for visual inspection as part of due diligence, refer to the Transfer Certificate of Title(TCT) or Condominium Certificate of Title(CCT) number on the list of tax delinquent properties, just get a copy at the registry of deeds. “What if a property has no TCT/CCT number on the list?” Just get the tax declaration number and the name of the registered owner and bring this to the tax mapping section so that they can give you property details like the exact address, location, and the TCT/CCT number.

Tip #3

The actual list of tax delinquent properties will surely become smaller as the auction draws nearer because most of the owners of the real properties will pay the delinquent tax, interest due thereon, and the expenses of  sale. Because of this, be sure to get the most updated list of tax delinquent properties for auction at the Quezon City Treasurer’s Office and have a list of backup properties during the auction.

Tip #4

If after doing your due diligence you decide to bid for a property and win, have the Certificate  of Sale (COS)  registered with the registry of deeds as soon as possible as the one year period of redemption shall begin to run once the COS has been registered. Winning bidders shall be issued a COS by the City  Treasurer upon full payment of the winning bid price. For more details, please refer to the auction guidelines which can be found here.

Got more tips? Please share them here by leaving a comment. Thanks!

Happy hunting!

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!

Four tips for investors who plan to invest in tax delinquent real properties in Quezon City is a post from: Foreclosure Investing Philippines

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There will be another foreclosure auction sale of tax delinquent real properties in Quezon City on April 6, 2010, at 10:00am, at the main entrance of the Tax Payer’s Lounge, Quezon City Hall, Diliman, Quezon City. The sale through public auction is to be done by virtue of the provisions of Section 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991.

The real property included in the auction have been certified to be delinquent in the payment of real property taxes, penalties, and cost due thereon as of the date of the publication. The notice was published last March 15, 2010 in the Philippine Star.

Due to the large number of real property for public auction, I have split the listing into four parts, where each part consists of one full page. You may download each page below.

Quezon City Notice of Sale of Delinquent Real Property

• Page 1
• Page 2
• Page 3
• Page 4

Expect the actual list of properties for sale on the day of the auction to include  fewer properties as owners settle their tax delinquencies as the day of the auction nears.

Prospective bidders are required to post a cash bond of Ten Thousand Pesos (Php 10,000.00) to participate.

Don’t forget to do your due diligence!

Happy hunting!

To our 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
Become a Fan in Facebook:Foreclosure Philippines fan page
Text by Jay Castillo. Copyright © 2010 All rights reserved.

PS. If you are an OFW who will be here in Manila, Philippines on March 28, 2010, time is running out for you to reserve your seats for the free Secrets of Wealth seminar for OFW’s. RESERVE NOW by calling Joy: +63927-5707599, or Will: +63917-8580064/(632) 9645512. Don’t miss out on your chance to learn the secrets of wealth from Trace Trajano! Click here for more information about the free Secrets of Wealth seminar for OFW’s.

PPS. If you have a friend or loved one who is an OFW or who knows an OFW, do them a favor and invite them to the free Secrets of Wealth seminar for OFW’s by Trace Trajano. The first 5 who refer at least 3 OFW’s that confirm and attend the seminar will get a free 1-hour consultation from me where you can ask me anything about investing in foreclosed properties. Just leave a comment below if you are interested or have any questions. Thanks!

Foreclosure auction of tax delinquent real property in Quezon City slated on April 6, 2010 is a post from: Foreclosure Investing Philippines

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The City Treasurer of Quezon City shall be holding an auction sale of real properties with delinquent tax payments on land, building, and machineries on December 10, 2009 at the main entrance, Taxpayer’s lounge, Quezon City Hall, Diliman Quezon City, Philippines.

You may download the list of tax delinquent properties to be included in the tax foreclosure auction sale on December 10 through the links below. This list is updated as of November 23, 2009 and was published in the Philippine Star:

• Quezon City Tax Delinquent Properties Page 1
• Quezon City Tax Delinquent Properties Page 2
• Quezon City Tax Delinquent Properties Page 3

In tax foreclosure auctions, winning bidders will have to pay the whole winning bid amount in cash before the end of the second day from the auction date. Furthermore, the owners are given 12 months to redeem their property. If the property is redeemed within 12 months, the winning bidder will get his/her money back plus interest at a rate of 2% per month. For more information, you may download a copy of the rules and regulations below:

• Quezon City Rules, Regulations, and Conduct of the Real Property Tax Auction sale.

I would advice interested parties to verify the properties that are to be included in the tax foreclosure auction sale by getting an updated list at the Quezon City Treasurer’s office. Since a lot of the owners of the real properties on the list would actually pay their real property taxes as the day of the auction nears, expect a lot of properties to be withdrawn from the final list of properties to be included in the auction.

Don’t forget to do your due diligence before even considering to bid on any of the properties included in this tax foreclosure auction. You may refer to my previous post: Quezon City Tax Delinquent Properties public auction sale on October 8, 2009 where I enumerated general steps as reference when doing your due diligence with respect to tax delinquent properties in Quezon City.

Note: I am posting this as a service to readers and subscribers of Foreclosure Philippines. For further information and inquiries, including but not limited to specific questions about any of the properties on the list, please contact or visit the Office of the Provincial Treasurer of Quezon City.

Happy hunting!

—

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 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.

City Treasurer of Quezon City to auction tax delinquent properties on December 10, 2009 is a post from: Foreclosure Investing Philippines

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Here’s a heads-up for both Quezon City taxpayers who might be delinquent in paying their real property taxes and for real estate investors who may want to help. I accidentally found this notice on the same issue of the Philippine Star where I got the complete listing of tax delinquent properties from the Province of Rizal which was recently auctioned in Antipolo City.

Anyway, before I explain how real estate investors can help those delinquent in paying their real property taxes, let me share more details about the tax foreclosure auction sale to be held in Quezon City. The Quezon City Treasurer shall be holding the auction sale of real properties with delinquent tax payments on land, building, and machineries on October 8, 2009, 10:00 A.M., at the 2nd floor of the Taxpayer’s Lounge, Quezon City Hall. Furthermore, all Quezon City taxpayers who may be delinquent in paying their real property taxes are advised to settle/update their realty tax arrearages before the date of the auction sale (October 8, 2009) to avoid inclusion of their properties.

(Source: Philippine Star, September 7, 2009 issue, page B13)

Time for Due Diligence

As usual, all prospective bidders are also requested to do their due diligence and verify the properties they may want to bid on at the Quezon City assessor’s office and the Register of Deeds of Quezon City. In summary, you can do this by:

1. Get the updated list of tax delinquent properties for auction at the Quezon City Treasurer’s Office
2. Get the tax declaration number and other important details that you will bring to the tax mapping section
3. Give the property details you got in step 2 above to the tax mapping section so that they can give you property details like the exact address, location, Transfer Certificate of Title (TCT) number, etc. You can also ask for more details that they may know about the property (ex. if it will be affected by a road widening project in the future, etc.)
4. From the information you got from step 3 above, you can then proceed to Quezon City register of deeds which is located in East Avenue to get a certified true copy of the TCT.
5. You can then inspect the property if you want along with other due diligence tasks.

How can real estate investors help?

As I have mentioned in the beginning of this post, real estate investors can help those Quezon City taxpayers who might be delinquent in paying their real property taxes. This can be done by paying the arrears in real property taxes, penalties and other costs (all of which are equal to the minimum bid price) for the property owner through a winning bid. This basically buys some time for the property owner (12 months to be exact and is referred to as the redemption period) to settle his/her arrears.

As an incentive, the winning bidder earns an interest of 2% per month and he/she will receive this once the property owner is able to settle his tax arrears within the 12 month redemption period.

Click here to download a complete copy of the Quezon City Rules, Regulations, and Conduct of the Real Property Tax Auction sale.

As I have often said in the past, it would be better to invest in real property tax foreclosures without the intention of actually getting the property. I believe this is a win-win solution for everyone – the owner gets another 12 months to come up with enough funds to settle his arrears, the local government gets to collect the taxes they need to fund their operations and local projects, and the real estate investor gets to earn 2% per month or up to 24% for 12 months by buying some time for the property owner and also for helping the local government collect taxes. By the way, I stumbled upon the comments section of an article I found in philfaqs.com which explains this very well, please do check it out here: http://philfaqs.com/phils-business/make-money-at-home-free-education-know-what-donald-trump-knows/#comment-14895

Sorry if I am unable to post an updated list of the Quezon City delinquent properties for public auction. Ever since our house was devastated by the floods last week, we have been very busy picking up the pieces and relocating to a place we can temporarily live-in while our house is being repaired and becomes livable again. A big thank you goes out to all of those who gave words of encouragement and prayers. Let’s continue praying for and helping those that were affected by the recent typhoons.

By the way, it’s nice to be back!

—–

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 instead to my RSS Feed.

Quezon City Tax Delinquent Properties public auction sale on October 8, 2009 is a post from: Foreclosure Investing Philippines

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