I just found this notice for Quezon City taxpayers yesterday and thought of sharing it here. The Quezon City Treasurer shall be holding a tax foreclosure auction sale of all real properties with delinquent tax payments and it will be held on October 7, 2010, at the ground floor, Taxpayer’s assessment and payment Lounge, Quezon City Hall. The full text of notice follows.
NOTICE TO Q.C. TAXPAYERS
THE CITY TREASURER SHALL HOLD AN AUCTION SALE OF ALL REAL PROPERTIES WITH DELINQUENT TAX PAYMENTS ON LAND, BUILDING AND MACHINERIES AT 10:00 AM, ON OCTOBER 7, 2010, GROUND FLOOR, TAXPAYER’S ASSESSMENT AND PAYMENT LOUNGE, QUEZON CITY HALL.
IN THIS CONNECTION, ALL TAXPAYERS ARE ADVISED TO SETTLE/UPDATE REALTY TAX ARREARAGES BEFORE THE SAID DATE TO AVOID INCLUSION OF THEIR PROPERTIES.
ALL PROSPECTIVE BIDDERS ARE ALSO REQUESTED TO VERIFY THE PROPERTIES TO BE BIDDED WITH THE CITY ASSESOR’S OFFICE AND THE REGISTER OF DEEDS OF QUEZON CITY.
ALL PROPERTY OWNERS WITH NEWLY ACQUIRED PROPERTIES ARE REQUIRED TO SUBMIT TO THE CITY ASSESSOR’S OFFICE A CERTIFIED TRUE COPY OF THEIR TRANSFER OF CERTIFICATE OF TITLE (TCT) FOR REGISTRATION PURPOSES, AND ISSUANCE OF NEW TAX DECLARATION AND CORRESPONDING TAX CLEARANCE.
(SGD.) EDGAR P. VILLANUEVA
City Treasurer
The original notice can be seen below
Source: Philippine Star, September 7 issue, page B-9
List of tax delinquent properties for sale
Sorry guys and gals, I don’t have a copy of the complete list of Quezon City tax delinquent properties for sale on October 7, 2010, I only got the notice. The complete list of tax delinquent properties for sale is now available. Click here to view the complete list. Keep in mind that the list will grow shorter as I am hoping that residents with tax delinquencies will settle/update all their realty taxes prior to the auction.
If you are interested on joining the tax foreclosure auction and want to get a copy of the tax delinquent properties for sale, I highly suggest that you drop by the Quezon City Taxpayer’s Lounge and get a copy from their office directly.
It is open from Mondays to Fridays, 7:00 AM to 5:00 PM, except during January of every year when the City Treasurer’s Office is open 7 days a week.
Schedule of Sale of Tax Delinquent Properties
If you will notice, the Quezon City Treasurer’s office has been regularly conducting their tax foreclosure auctions on a quarterly basis. I checked their website and found the following schedule, so it’s confirmed, they will auction tax delinquent properties on a quarterly basis, at least until the end of 2010.
Schedule of Sale of Delinquent Real Properties
- April 6, 2010 – 1st schedule of sale delinquent real properties
- July 2010 – 2nd schedule of sale delinquent real properties
- October 2010 – 3rd schedule of sale delinquent real properties
- December 2010 – 4th and last schedule of sale delinquent real properties
Want to learn more about investing in tax delinquent properties?
If investing in tax delinquent properties is new to you, checkout these posts about my own lessons learned:
- Four tips for investors who plan to invest in tax delinquent real properties in Quezon City
- Tax foreclosure auctions are held by virtue of Sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991
- 9 Lessons Learned From The Real Property Tax Foreclosure Auction Sale In Quezon City
- Lessons learned from the Marikina Public Auction of Real Properties with Tax Delinquencies we attended last November 13, 2008
- Click here to view all posts under the Tax Delinquent Properties category
Happy investing!
To our success and financial freedom!
Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo and Cherry Castillo. Copyright © 2010 All rights reserved.
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HELLO JAY THANK YOU SO MUCH FOR POSTING THIS, I HAVE A PROBLEM ABOUT THE PROPERTY OF MY FATHER. THIS LOT/ APARTMENT WAS GIVEN TO HIM BY HIS MOTHER. HOWEVER, EVEN FOR GENEROSITY REASON, MY GRAND MOM, FORGOT TO PAY THE REAL PROPERTY TAXES FOR 20 YEARS. SHE SAID THAT IT WAS UPDATED, THUS WE ARE NOT TOO WORRIED ABOUT IT. UNTIL MY FATHER RECEIVED A FIRST NOTICE LETTER FROM THE ASSESSOR’S OFFICE OF QC HALL, SIGNED BY ,MR. EDGAR VILLANUEVA, LAST JUNE 2010. THIS SEPTEMBER 2010, HE RECEIVED A WARRANT OF LEVY INDICATING THE AMOUNT OF THE UNPAID TAXES. THIS PROMPT US TO SEEK ADVICES. ONE AGENT COME TO US AND OFFER HIS SERVICE. HE SAID THAT HE HAS A SURE BUYER FOR THE PROPERTY. WE AGREED ON THE CONDITIONS TO LET THE BUYER SEE THE AREA. WHEN HE CAME BACK HE OFFERED US A FINANCING SERVICE TO HELP US PAY THE SAID DUE TO THE ASSESSOR’S OFFICE. BEFORE HIS BUYER TALKED TO US.
WHAT ARE WE GOING TO DO, PLEASE HELP US. WE JUST WANT TO BE SURE IF THIS AGENT IS TELLING US THE TRUTH ABOUT THE BUYER … AND TO KNOW IF HE IS A REAL PROPERTY AGENT OR JUST AN AGENT OF THE FINANCING COMPANY HE WAS TELLING US.
IM LOOKING FORWARD TO YOUR REPLY. AND MAY U HELP US TO SELL THE PROPERY BEFORE ITS TOO LATE….PLEASE CONTACT ME THRU MY EMAIL ADD THANK U VERY MUCH…:))
hi Jay,
I appreciate your sharing on the details but there are more questions.
1. Can you provide a step-by-step procedure re: QC Tax Foreclosure Auction procedure til the transfer of the tct? Please include the department and how much time/day will it need to have it.
2. If someone wins in the auction, will the real owner can still redeem the property? Can he/she use legal means or to delay the awarding to the new owner.
3. How about the present occupants of the property? Can we just tell them to leave or will it be the burden of the new owner to remove them?
Thanks in advance for your answer and more power.
arnel