Home » Foreclosed Properties » Consulting firm offers more than 4,300 foreclosed properties for sale in nationwide listings

Consulting firm offers more than 4,300 foreclosed properties for sale in nationwide listings

A global consulting firm has made available their listings which contains more than 4,300 foreclosed properties located all over the Philippines. These properties are for negotiated sale, which means prices are negotiable.

What subprime crisis?  Affordable houses are everywhere.

Included in this post are two listings in excel format. The first listing includes the bulk of the foreclosed  properties, while a separate listing contains fewer foreclosed properties, from another entity which is also being handled by the same consulting firm. More details after the jump.

Download the listings of foreclosed properties

The first and obviously bigger listing below has a worksheet that has been classified as “clean”, which means properties have no pending cases or any “lis pendens”, the seller has possession of the properties, and the titles (TCT’s/CCT’s) are all consolidated (in the name of the seller).

The other worksheet named “All Unsold” contains all of the foreclosed properties, including those classified as “clean” as described above, combined with other foreclosed properties with pending issues.

A separate listing contains fewer foreclosed properties, all of which have been classified as “clean” can also be downloaded below.

Reminder: Although some of the properties on the listings above have been classified as “clean”, it does not mean you no longer have to do your due diligence. Don’t ever make this mistake.

Payment terms

Payment terms are a bit steep as they require a minimum of 30% downpayment, with the balance payable in 3 to 5 years, at 15% interest per annum.

Cash buyers can avail from 1 to 6 months payment term at zero interest, subject to management approval.

How to inquire

To inquire about any of the foreclosed properties on the list, kindly contact Beth Elizan of FTI CONSULTING through the following numbers

  • +632 864 0991 local 119
  • +63 917 582 0058

Reminders – Please read!

“SALE OF PROPERTIES IS ON ” AS-IS- WHERE-IS ” BASIS. The Seller makes no warranty as to the boundaries, technical description of the properties and their legal condition such as, the existence of any claims, suits or actions involving the same.

The BUYER shall be responsible to conduct “due diligence” on the physical and legal condition of the properties after having visited the same and examining the documents evidencing the SELLER’s right thereto.

For properties without physical possession yet, it is understood that buyer shall take care of it.

Misprints in the list may occur, please verify the data by calling.

The SELLER has the right to withdraw any of the properties in the list, and may CHANGE the LISTED PRICE without prior notice.

The SELLER has the right to approve and disapprove all offers to buy.”

 

Happy hunting!

~~~

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
Blog: https://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 © 2008 – 2012 All rights reserved.

Full disclosure: Nothing to disclose. 

Photo creditwoodleywonderworks, on Flickr

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
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Leave a Comment

3 thoughts on “Consulting firm offers more than 4,300 foreclosed properties for sale in nationwide listings”

  1. hi jay, wondering when will your next Buena Mano Q2-2012 be available? im looking for properties in Naga City (Camarines Sur)

    Reply
  2. oh yes, due diligence is veryyy important. a friend found out that a green-tagged property from buena mano that he wanted to buy has tenants for the past 12 years!  how could that happen?!

    Reply
    • Thank you Guest for the comment, case in point. Due diligence is a must, and banks highly recommend a personal inspection by would-be buyers, even for green tag properties. I’m just guessing, it could be possible that those tenants are actually acting as caretakers of the bank, and they may not be “illegal occupants”, or the bank may not be aware of these tenants if they had no caretakers/regular property inspections. As I said, I am just guessing, but these are the only things that came to mind as possible answers to your question “how could that happen?!”. Thanks again for dropping by!

      Reply

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