Tag: sheriff

deed of real estate mortgage

“If a foreigner loans money to a Filipino who subsequently defaults on the loan, can the foreigner legally foreclose and thus acquire the property?”

This is a question posted and answered by Dave Williams of the Philippine Real Estate Yahoo Group. Dave posted this in the yahoo group and I'm sharing it here (with ...
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Act 4118 – Act 3135 as amended and governs extrajudicial foreclosures

As mentioned in my previous post which contains the full text of Act No. 3135, I am posting here Act No. 4118 which amends the original Act 3135. However, after ...
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