Okay, so you found a foreclosed property you can afford, you inspected it, and the repairs seem manageable. Do you go ahead and buy it? Not yet, you still have to do your due diligence. I’ll show you how in today’s video.
Video #3 is a step-by-step on how you can do your due diligence, which should be done before you buy a foreclosed property. (Hint: You can also use this for properties that are NOT foreclosed)
Fair warning: This is the longest video (51 minutes) in this 3-part video series because I explained how to use my 60-item due diligence check-list. Click to watch video #3 below (opens in new window):
When you are thinking of buying a property, will you do something similar,or is there anything else you want to check which I did not cover in the video? Or was there anything I covered that was new to you?
Let me know by leaving a comment below the video. Thanks!
Best regards,
Jay Castillo – Owner and founder, ForeclosurePhilippines.com
P.S. This free video training is part 3 of 3. Watch it now and learn how to do your due diligence, before you buy a foreclosed property.
If you missed the first two videos, here they are:
Video 1: 3 things you need to get started with real estate investing
Video 2: How to know if a property can be a good investment
Watch them now while they are still available.
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
Good morning po Sir Jay. Kung gusto ko pong magrequest ng copy of TCT from Register of Deeds for a prospective foreclosed property, may mga requirements po ba yun at kailangan ko pa po bang magrequest ng permission from Pag-Ibig (kung sa Pag-ibig po galing yung foreclosed property).
Thanks po in advance.