PDIC to sell bank acquired properties of closed banks through sealed bidding

I recently came across an invitation to bid from the Philippine Deposit Insurance Corporation (PDIC). This invitation to bid is quite interesting because the properties that are for sale through sealed bidding are actually the Real and Other Properties Acquired (ROPA) of closed banks. I guess this... 

Source:  Foreclosure Philippines

CBRE to hold Property “Pac-yawan” Bazaar Christmas Public Auction of bank acquired properties

CBRE will hold its Property “Pac-yawan” Bazaar Christmas Public Auction of bank acquired properties this coming December 10, 2009, Thursday, 3:00PM, at the Brasserie, 21st Floor, Security Bank Bldg., Ayala Avenue, Makati City, Philippines. Show Money is only Php25,000. Bank financing is... 

Source:  Foreclosure Philippines

Foreclosed properties to be auctioned by RCBC Savings Bank on December 5, 2009

A public auction of foreclosed properties will be conducted by RCBC Savings Bank in their latest Dream Buys Auction which shall be held on December 5, 2009, 9:00AM, at the Development Academy of the Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines. Foreclosed properties can be... 

Source:  Foreclosure Philippines

PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao

Post by Cherry Castillo Oh yes ladies and gentlemen, I am on a roll! Today we have the PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao, updated as of November 18, 2009. I got these listings from PSBank’s website, the link to which I found from the Ultimate List... 

Source:  Foreclosure Philippines

Thanksgiving auction to be conducted by Property Forum Phils. on November 28, 2009

Property Forum Philippines shall be conducting a “Thanksgiving Auction” of foreclosed properties on November 28, 2009 at Max’s Parksquare, Glorietta, Makati City, Philippines. Registration starts at 8:00AM and the auction proper starts at 9:00AM. Keep in mind that the foreclosed properties... 

Source:  Foreclosure Philippines

PNB Foreclosed Properties in Metro Manila as of November 16, 2009

My wife Cherry continues from her recent post by sharing an updated listing of foreclosed properties from Metro Manila which she recently got from Philippine National Bank’s Special Assets Management Group. You may recall that we posted last November 17, 2009, the list of acquired assets of... 

Source:  Foreclosure Philippines

Chinabank updated listings of acquired assets as of November 11, 2009

My wife Cherry continues from her recent post by sharing listings of acquired assets which she recently got from the Acquired Assets Division of China Banking Corporation. In my research to find our new house, I have gone through the Chinabank acquired assets listing in our site. I inquired about... 

Source:  Foreclosure Philippines

Our journey to our new house – Finding a new home like true real estate investors

My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by searching... 

Source:  Foreclosure Philippines

PNB foreclosed properties for sale as of November 2009

I’m sure a lot of you out there have been patiently waiting for new listings of foreclosed properties and here is a bunch from Philippine National Bank (PNB). My wife got these foreclosed property listings after she requested for them through e-mail. Don’t forget to use as reference the... 

Source:  Foreclosure Philippines

How to calculate for the amortization factor

In my previous post: How to compute for the monthly amortization payment without a mortgage calculator,  I showed how I compute for the monthly amortization payment by hand. Tyrone of  Millionaire Acts through his comment asked: “How about if we don’t have access to the amortization factors... 

Source:  Foreclosure Philippines

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