CB Richard Ellis (CBRE) shall be having another public auction of foreclosed properties on July 31, 2009, Friday, 2:00pm, at the 12th floor, Multi-purpose hall, Insular Life Building, Ayala Avenue, Makati City, Philippines. Grab the chance to buy foreclosed properties at very low prices!
Show money is only Php25,000 cash or manager’s check (MC) per property. Financing is available at only 20% downpayment.
Don’t forget, all properties are for sale on an “AS IS, WHERE IS” basis which generally means the buyer agrees to purchase the property at its present physical condition including but not limited to any problems or legal issues the property maybe involved in. Best practice is for the buyer to thoroughly inspect the property and check for any lis pendens, annotations, etc., on the TCT/CCT. One should also check if there are any arrears on taxes, dues, etc., and confirm if these are for the account of the buyer. It is also highly recommended to check the auction guidelines as well on how the term “as is, where is” is defined by the auction manager. Doing your due diligence is a must!
Foreclosed properties included in the public auction are from Caloocan, Las Pinas, Manila, Paranaque, Quezon City, Pasig, Valenzuela, Batangas, Bulacan, Cavite, Laguna, Nueva Ecija, Pampanga, and Rizal.
For inquiries, please refer to CBRE’s contact details on the listing or you may also visit their website: www.cbre.com.ph
To our financial freedom!
Text by Jay Castillo. Copyright © 2009 All rights reserved.
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