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Where to get Foreclosed Property Listings

juleslipic · 43 · 62811

tyronesolee

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Reply #30 on: Dec 15, 2008, 07:32 AM
Ako kilala ko yung Managing Director ng Property Forum, one of the country's number 1 auctioneer of properties.

Pwede ko kayo mahingan sa kanya.

Hay, sana makasama ako sa mga grupo ng investors dito.


ph_investor

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Reply #31 on: Jan 03, 2009, 12:27 PM


S0909

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Reply #32 on: Jan 03, 2009, 06:17 PM
sir ph_investor, so how does the process go? any tips on bidding/bid price? what if the chosen property is prime, how will i outwit the others? hehehe.

thanks


cil

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Reply #33 on: Jan 03, 2009, 10:01 PM
foreclosed properties sa PNB website, nakaexcel file yun kapag nagclick ka.  kung hindi mo makita, try to email them.


ph_investor

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Reply #34 on: Jan 04, 2009, 09:38 AM

sir ph_investor, so how does the process go? any tips on bidding/bid price? what if the chosen property is prime, how will i outwit the others? hehehe.

thanks

@S0909, For public auctions, investor bidders are usually advised to make an agreement among themselves who will bid on which property, otherwise, prices would get too high. Investors usually lose the bids to end user home buyers who are willing to pay higher. For the Metrobank listing I posted, these are for negotiated bids, you just have to submit offers, you can actually submit low-ball offers if you can give valid reasons.


S0909

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Reply #35 on: Jan 04, 2009, 02:03 PM
would they allow oculars? i started today looking at some of the properties i was eyeing for, only got what i think an approximate of the area, for a condo i just had a glimpse of the building but no idea how it is inside (is it well maintained etc.)

after a bid is submitted how long will it take for me to hear from them? will they require documents to be presented prior to bidding?

if i were to represent somebody like a relative abroad, what will i need? should the bid be on my name or to whom i represent? (i'm seeking which would be easier to faci the bid process, not encounter bumps along the way)

thanks in advance!


ph_investor

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Reply #36 on: May 18, 2009, 10:51 AM
would they allow oculars? i started today looking at some of the properties i was eyeing for, only got what i think an approximate of the area, for a condo i just had a glimpse of the building but no idea how it is inside (is it well maintained etc.)

after a bid is submitted how long will it take for me to hear from them? will they require documents to be presented prior to bidding?

if i were to represent somebody like a relative abroad, what will i need? should the bid be on my name or to whom i represent? (i'm seeking which would be easier to faci the bid process, not encounter bumps along the way)

thanks in advance!
^Yes, doing an ocular inspection prior to submitting a bid is highly recommended and at times they say this is required and they will not allow you to buy a property if you have not seen it yet. This applies to unoccupied properties. For those that are still occupied, just walk away and stay away from such properties. :yoohoo:

As for pre-bid requirements and turn-around time, it really depends on the each bank so you would need to get these details from them.

If you are representing someone who is abroad, I believe you would at least need to have an SPA. For other specific requirements, you would need to check with the specific bank who has the foreclosed property you are interested in.
« Last Edit: May 19, 2009, 06:52 AM by ph_investor »


jomor

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Reply #37 on: May 18, 2009, 09:37 PM
I think there are also foreclosed properties at the Central Bank and PDIC, aside from banks, SPAV companies and financing institutions. Suggest that any interested party should coordinate with the Head of the Foreclosed Asset Department (Asset Management Department).


ph_investor

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Reply #38 on: Oct 07, 2009, 09:33 AM

I think there are also foreclosed properties at the Central Bank and PDIC, aside from banks, SPAV companies and financing institutions. Suggest that any interested party should coordinate with the Head of the Foreclosed Asset Department (Asset Management Department).


^Yes, BSP has a listing of foreclosed properties. Pag-IBIG, HGC, NHMFC, and GSIS also have listings and you may check them out here: http://www.foreclosurephilippines.com/2008/11/housing-fair-2008.html
Posted on: May 19, 2009, 07:06 AM


Posted on: Oct 07, 2009, 09:28 AM



^Yes, BSP has a listing of foreclosed properties. Pag-IBIG, HGC, NHMFC, and GSIS also have listings and you may check them out here: http://www.foreclosurephilippines.com/2008/11/housing-fair-2008.html
Posted on: May 19, 2009, 07:06 AM




Heads-up lang guys, last September 9, 2009, I called up the HUDCC hotline and confirmed that the Philippine Housing Fair 2009 shall indeed be held on October 27-29, 2009 at Halls 1 and 2 of the SM Megatrade Hall. More details can be found here: http://www.foreclosurephilippines.com/2009/09/philippine-housing-fair-2009.html :watchuthink:
Posted on: Oct 07, 2009, 09:31 AM
Hmmm, bakit nag-a-append ang new post ko sa previous post??? :huh:


Langerhans

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Reply #39 on: Oct 09, 2009, 11:46 PM

Lately I am browsing some foreclosed properties esp but i noticed if the price is good, if inquire on them, sold na raw. So i believe sometimes they include in the property on the list even if it really does not exist at all to make their list attractive. Just my opinion.  


ph_investor

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Reply #40 on: Oct 15, 2009, 08:43 AM


HEHERSON

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Reply #41 on: Nov 25, 2009, 05:21 PM
Guys,
I'm giving away real estate e-books.
I would like to share some of my collections which helped me a lot in investing real estate...
You can email me at: heherson.laggui@gmail.com


leonine_zafiro

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Reply #42 on: Apr 20, 2014, 04:35 PM
happy investing in Real Estate! :)


 


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