Last December 10, 2009, CBRE conducted their Property “Pac-yawan” Bazaar, and as what commonly happens to public auctions, quite a number of the acquired assets for sale remained unsold. I would like to share the post auction listing here, courtesy of Mark Del Rosario of CBRE.
I was unable to attend because I simply had no time due to work. Besides, I really can’t bid on any of the properties because I didn’t have the time to shortlist, analyze, and perform any due diligence on any property I might have found to be good investments.
In retrospect, something similar happened last year when I was unable to bid in one of their public auctions although I was still able to attend when the auction happened to fall on the same day as my birthday. I was on leave and had time to attend. You can read more about it in my post: A Post Auction Review of CBRE’s December 9, 2008 Public Auction
Anyway, as I have mentioned above, I am sharing here CBRE’s post auction listing of acquired assets and interested parties can still purchase the unsold prioperties at auction price. Please see below for more details.
Property “Pac-yawan” Bazaar Post Auction
CBRE has just concluded its Property “Pac-yawan” Bazaar yesterday at the Brasserie, Security Bank
Building.
For those who missed the chance, don’t worry. You can still avail of the properties at its Auction Price!
CBRE is having its POST AUCTION PERIOD within one month after the auction. During this time, unsold properties will still be priced the same and buyers who missed the auction can submit their offers subject for approval of the seller. After the post auction period, the prices of the properties will return to its market price which is most of the time higher that its auction price. For those interested, you may call the numbers printed on the ad, or get in touch with me through 09326821846.
Happy Hunting!
POSTED BY MARK DEL ROSARIO AT 10:18 AM, FRIDAY, DECEMBER 11, 2009
Source: http://philippinepropertyguide.blogspot.com/2009/12/property-pac-yawan-bazaar-post-auction.html
*Just click on the image to download the post auction listing of unsold properties.
Thank you Mark for giving me a heads-up on the post auction listing and I apologize for not being able to post this sooner. Please don’t hesitate to send more listings for any of CBRE’s upcoming auctions. Thanks again!
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Merry Christmas!
Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo. Copyright © 2009 All rights reserved.
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