I’m not sure if this is the last part but here’s part 3 of the Fiesta Bonanza Foreclosed Property Listing from Star Properties Inc. Don’t forget that this is not an auction which means all properties listed should be for negotiated sale. As with Part 1 and Part 2, you can still avail of their promo that gives cash buyers a discount of up to 50% off for selected properties. The promo is up to July 30, 2009 only.
Foreclosed properties in this listing are from Pasig, Rizal, San Juan, Albay, Batangas, Nueva Ecija, Pampanga, Tarlac, Bacolod, Cagayan De Oro, Cebu, Cotabato, Davao, General Santos, Sultan Kudarat, Tagum, Zamboanga, Valenzuela, Cavite, La Union, Laguna, Pangasinan, Quezon Province, Quirion, Negros Occidental, Agusan Del Sur, Marikina, Compostella Valley, Las Pinas, Makati, Malabon, Mandaluyong, Manila, and Paranaque.
Based on information on their website, STAR Properties Inc. is just one of the companies that belongs to the Star Group of Companies.
“STAR Properties is one of the companies belonging to the Star Group of Companies. The STAR GROUP specializes in the acquisition, management and disposition of personal and real properties and is basically structured into these three main components – acquisition, management and disposition of properties. It has so far acquired over three thousand properties located across the Philippines, ranging from residential, commercial and industrial properties.
Its foreign investor is Standard Bank London Holdings PLC, the international investment arm of Standard Bank Group (SBG). SBG is one of Africa’s and South Africa’s leading banking and financial services organizations, with total assets of over US$ 40 Billion and employees of more than 35,000 spread out in 38 countries.
The company is competently managed and operated by people with extensive experience in the banking and restructuring business as well as in the development, management and disposition of real estate properties.”
Happy hunting!
To our financial freedom!
Jay Castillo
Real Estate Investor
REBL#: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: [email protected]
Good day! I’m interested to bid on your foreclosed properties in
Davao city. May I bid for 600,00.00 on your property 35 san jose st skyline subd. catalunan grande Lot 300sq/m and floor area of 193 sq/m. I also would like to bid on lot 7605-f balusong 3, sm vil., bangkal for 350,000.00. Please be informed that I’m bidding
on cash payment basis. Kindly informed me ASAP regarding the status of my bid at my email ad: [email protected].
Hoping to hear from you soonest. Kindly inform me of the full status of said properties if clean title and no pending cases.
Thank you!
Hi Bong, I’m so sorry for the late reply, I’ll discuss this with you further through e-mail. Thanks for visiting!
Good day sir jay! I made a bid with Star property in Davao city last July 13,2009 and I was disappointed that
they can’t give feedbacks regarding my bid. I coordinated
with Ms. Dianne Uy and I was informed that it will take sometime before they can give me feedback. It’s my 1st time to offer a bid and I would like to know how long it takes before I can received a reply.
Thank you and hope to hear from you soonest!
Actually it could take from a week to a month as I believe Star Properties will have to forward your offer to the owner(usually a bank), then they(the bank’s management) will have to deliberate, they will then update Star Properties of their decision, and then that’s the only time you will get a feedback on your offer. Good luck and let us know how it goes!
Star Properties is one of the companies I submitted my resume before. I was referred by a friend of mine to Ma’m Leny. Unfortunately, they said they don’t have any vacancies. Personally, I would like to be back in the investment banking industry especially with SPVs investing in distressed assets such as non performing loans and foreclosed idle assets.
With the continuous decrease of NPL ratio of Philippine Banks and the current global financial crisis, SPVs temporarily stopped acquiring distressed debts and assets as these are all high risk investments.
Hi Tyrone! I suppose this means SPV’s are in a hurry to dispose their assets right? I see a perfect opportunity for real estate investors. Thanks again for dropping by!
Thanks for your posts. Please include some advise as well and recount to us some difficulties you’ve faced and how to overcome them. It would be a great help for us who are just starting out to learn from your difficulties as well.
Best regards and more power!
Hi Aiza, thanks for the comment and the suggestions. I will surely include them in future posts, i’ll even include challenges I am currently facing and how I am able to win against them. 🙂
Hi, I’m interested to see the property you published at Don Gregorio heights Cavite. How can I avail of it? Please let me know asap .
Mae
Hi Mae,
Sorry for the late reply, somehow I missed your comment. Anyway, you will have to contact Star Properties Inc. using the numbers on the ad to get the complete details on how to submit your offer. They should also give you pertinent details like the payment terms, status of the property, etc. Thanks for visiting!
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