If you’re a beginner when it comes to investing in foreclosed properties in the Philippines, I’ve got some resources here that can help you get started. Check them out below.
Top 5 tips for getting started with foreclosed property investing
Want to get started? Watch this video…
You may also refer to the featured articles below. More articles will be added as they become available. Enjoy your stay and don’t forget to subscribe to email alerts to get notified of new articles, listings of foreclosed properties, and real estate investing tips !
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Rent Control Act of 2009 Full Text (RA 9653)
Sample Rent-To-Own Contract or Contract of Lease with Option to Purchase (CLOP), Philippine Version
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Get your feet wet with the latest listings of foreclosed properties
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This page is a work in progress…
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Ang nakalagay po dito na prices are downpayment only or its the exact amount? Thank you!
Hi Jay, all the prices indicated are the actual selling price (pero siyempre may additional taxes and fees pag bumili ng property).
i wish these videos were in English ..
The two videos on this page are in english, they even have closed captions in english.
Are you referring to the videos for Pag-IBIG updates? Those are in tagalog, but english closed captions are also available.
Good morning po just asking kng saan pwude malaman kng sino ang nkabili ng lupa galing sa planters bank, kc po sa registry of deeds sa bangko pa rin nka pangalan yng title,pero po ng i verity ko po sa bangko wla na po sa knila,saan ko pa po ba pwude ma trace.tnx po
Hi po ako po ay nangungupahan since january 30 po dito sa bahay at nalaman ko po na foreclosed na po pala ito ngayon sinabi kopo sa may ari na matagal na po palang foreclosed to bahay nila ei gusto nako paalisin dito ano po dapat ko gawin kase pinapaalis kami ei di na sa kanila tong bahay at halos 10months po kami nagbabayad ng upa ei foreclosed properties napo pala ito ngayon pinapaalis kami ei cla nag lagay samin dito sa bahay nila na foreclosed na gusto po nila umalis na kami nilalakad nadaw po ng anak niya yung bahay salamat po sa mag aadvice ng gagawin ko
Good day po,, itanong ko po sana kung paano aq makakakuha ng assistance ng pag-ibig financing kung married ako, yet separated na kame for 14yrs, but not legally separated po, i can consider it abandonment na kse there is no communication between us na for 14 years. Ano po ang solution sa problem ko. Thanks!
Hi Sir Jay, just want to personally thank you. I have come across your video interview on youtube which you mentioned about the book think rich pinoy. Had I not come across that video, I would not have gained context on how the rich dad poor dad concept can be applied in a filipino setting. Just completed the book tonight and hopefully next step would be to get enrolled in one of your classes. Thank you again Sir Jay.
Hi sir, I have a question, kung may bahay na po ako hinuhulugan sa pagibig, can I still avail foreclose property thru pagibig din po? Thank you and more power po..
Helo po Sir JAY Castillo sa tingin ko po matutulungan nyo po ako sa questions ko, Sir pano po pala patakaran ng lupa na 1982 na na award na po ni Marcos may certificate po mismong hawak bilang katunayan, ngaun po may ibang tao po na naglakad pinatitlelan po nila under sa name nila ngayon pinaalis po ang pinakamay ari at lumabas na di sila ang may ari, ngayon po inilaban ng pinqkqmay ari na may hawak ng certification galing kay marc os sa madaling salita natalo po ang taong nameke ng title name naglabas napo ang kataasang hukuman ng sulat at dinala na po sa province dun mismo sa lugar nong lupa. Ang sabi po ng LRA naka pinlock wala n daw maka agaw anu po ang pinlock?na sir ang tanong ko po
1. anu na po ang susunod na STEP TO STEP process nito sir kc ang may ari ay pabalik m dto sa manila para iprocess na ang pag papa land title under mismo sa name
2.Anu anu pa po ang pag gagastusan namin mga magkano pa kayaang ihandang pera ngayong sabi ng LRA parelease na ang pinaka title
3. May kinalaman pa po ang Bir dto?may mga babayran po ba sa kanilang taxes?
4. At bago marelease sir ang pinakatitle mag kano po ang gagastusin may mga babayaran pabang per square meter?
Maraming salamat po Sir JAY CASTILLO marami po kayong natutulungan sometimes small things means a lot โค
GOD BLESS YOU MORE
Hi Mr. Jay Castillo. Sir paano po kung ayaw umalis ng mga nkatira dun sa nbyran ng 20% down payment saa foreclosed ng bhay?
Hi Glady, sorry sa late reply. Ang una mong pwedeng gawin ay makipagusap sa occupant, pero mag ingat kayo dahil baka hostile sila.
Pag okay sila makipagusap, tanong niyo kung ano kailangan nila para umalis. Kung pera, dapat kaliwaan, at may kasulatan.
Siyempre, dapat tulungan kayo nung bank na nagbenta nung foreclosed property sa inyo.
Last resort, makiusap na lang kayo na magkasolian na lang ng pera
Dear Sir Allan and Sir Jay,
A blessed Holy Week. I, Isaac Navarra an OFW here in UAE. I am aiming to do real estate business in the Philippines for good thus I dont like to be an OFW who worked so long without any ipon/savings and investments.
May I please ask is it still possible to enroll to Sir Jay’s Training for foreclosure properties? It has been 3 months ago when I attended the webinar. At that time I still have obligations to pay which is the reason i was not able to enroll for the training offered. I would like to inquire if i is still possible to enroll to this course? I would also ask if I still can get the VIP offers which was mentioned on the training of Sir Jay? However my bad I forgot the VIP code which was given by Sir Jay to acquire the benefits and discounts Si Jay offered during the webinar.
I hope I can still have this training and I hope I can catch up. With this training it would bless me and my family to provide our needs, to be stable, and grow in the long run.
Thank you and God bless
Hello! Do you also conduct seminars? Thanks and more power!
Great site. Good articles. more power!
Thank you so much RJ! It’s a work in progress. ๐
Sir Jay, Hope I can get in touch with you. I really need help on my foreclosed property.
Thanks
Lance
Hello Sir,
I have read Robert Kiyosaki’s books, Rich Dad Poor Dad. It really is inspiring that it changed my mindset, as well as, reading your blog. I am thinking to attend the Think Rich Pinoy seminars but I do not know when the next seminar will be. The website only shows the previous seminars held. Do you have contact or information how and when the next seminars? I am very interested to join. Thanks a lot.
Hi Rachel! So far, I haven’t received any schedule for any upcoming TRP seminars as sir Larry’s emails are often about startups and crowdfunding. If you want, you can watch my 3-part free video series on getting started with foreclosed properties, which is comparable to paid seminars out there. You can sign-up for free here: https://www.foreclosurephilippines.com/members/videoseriesoptin
hello sir Jay, your site is amazing. I’m currently living in the U.S. but looking for a small townhouse in Q.C. for my parents. i hope to learn more in your site, and i just came across it now. im reading up on your unbiased views. quick question, since my papers are still processing for my residency and my hubby is a u.s. citizen, do you think it’s not possible for us to avail a bank loan? you see, there’s this agent whom i feel is very hasty in selling and i feel its pretty risky because the requirements are very few (2 IDs only and PDCs)/ whereas the bank would be very thorough in reviewing our requirements for loan. What are your thoughts on this? Your reply would be tremendously appreciated.
Thanks for the kind words! So you are coming home as a Filipino Citizen married to US Citizen? If yes, you should still be able to get a loan. It seems what the agent is offering you is in-house financing, not really a mortgage loan (Yes, you are correct, a mortgage loan has more requirements and are carefully evaluated). My suggestion, ask the agent to setup a meeting with the bank to get the exact details.
Interesting piece . I loved the analysis , Does someone know where my assistant can acquire a template Lease To Purchase Option Agreement document to fill in ?
Hi Hyacinth, you can download a sample rent-to-own contract from here: http://legal-forms.philsite.net/rent-to-own.htm
hi sir jay.. I need house and lot foreclosure in country homes in toril, Davao city, not more than 200,000.00 can you help me? tanx God bless you
Hi Angel, I highly suggest you look at Pag-IBIG’s listings for Davao. I have their list in queue for publishing this week.
Hello, my name is Jeff. my wife is from Manila area, born and rased. we now live in usa (penna.) we whould like to buy a small lot over there, and finance it and pay on it from here how do we go about this?
Hi, just started reading your site about tax delinquent properties. I have a question with regards to ownership.
If the property goes up for auction and it is still being paid off to a borrower (eg. A bank). Who owns the property. The bank or the person who paid the property taxes.
Thanks