The Property Forum Philippines shall be conducting a public auction of foreclosed properties entitled “Subastahan Sa Festival” on July 25, 2009 at the World Trade Center, Roxas Blvd., Pasay City, Philippines. Registration Starts at 10:00AM, auction proper starts at 11:00AM. This auction coincides with the Philippine Real Estate Festival 2009 which explains the auction’s title. Property Forum Philippines also had a similar auction in last year’s Philippine Real Estate Festival at the SMX where I made a bid on a property and won.

This auction of foreclosed properties is powered by The Property Forum Phils., which claims to be the No. 1 Property Auctioneer in the Philippines, with a nationwide network and over 67 auctions with more than 3,700 winning bidders.

For this particular auction, INSTANT CASH KNOCKOUT is available, just add Php1.00 to the minimum bid price (MBP) to withdraw your choice of property from the auction in an instant. Foreclosed properties can be acquired for as little as 10% downpayment.

This auction will be conducted by Noli “El Subastajero” Alleje.

The foreclosed properties up for sale are from Antipolo, Caloocan, Las Pinas, Makati, Malabon, Manila, Muntinlupa, Navotas, Paranaque, Pasay, Pasig, Quezon City, Valenzuela, Batangas, Bulacan, Cagayan, Laguna, Nueva Ecija, Quezon Province, Rizal, Sorsogon, Tarlac, Bacolod, Capiz, Cebu, Iloilo, Negros Occidental, Cotabato, and Misamis Oriental.

Be sure to inspect your chosen property as part of your due diligence prior to bidding. For property inspection, you may call (02) 534-9536/ (02) 534-6954/ 0921-6722888.

Show money is Php25,000 per property, cash or manager’s check. All properties are offered on an “As-is, Where-is” basis. Titles of properties are either under seller’s name or under various stages of title consolidation to seller’s name thus prospective buyers are advised to conduct their due diligence prior to entering into any contract with the seller. Property details, prices, and terms are subject to change without prior notice. The seller reserves the right to pull-out any property from the auction at any time. Changes in prices are subject to the sole discretion of the seller.

Click here to download the complete listing of foreclosed properties for Property Forum Philippines’ Subastahan sa Festival public auction on July 25, 2009. (Source: Manila Bulletin, July 9, 2009, Classified Ads Section, Page 16)

Happy investing!

To our financial freedom!

Jay Castillo
Real Estate Investor
REBL#: 20056
Blog: www.foreclosurephilippines.com
Social Network: foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

P.S. -  I can still vividly remember last year’s Philippine Real Estate Festival where Property Forum Philippines also had an auction. I won on my bid that time and I hope to do the same this year, provided I find a promising foreclosed property on this list. I better start my analysis and make sure that this time, if ever I do bid on a property, it would have no problems with the mother title. I ended up not buying that property last year.

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

Property Forum Philippines’ Subastahan Sa Festival – July 25, 2009 is a post from: Foreclosure Investing Philippines

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