If you’re thinking of buying foreclosed condos in Metro Manila, you should check out this listing of condominium units that are for public auction on October 10, 2014. Dubbed as “Ten-Ten Auction”, you can acquire an “investment condo” for as little as 10% down payment, up to 10 years to pay, @ 12% interest per annum. It just so happens the auction date is also a Ten-Ten (October 10). The complete listing and contact details can be found below.
Auction Details
- Auction Date: October 10, 2014
- Auction Time: 8:00am Registration/ 9:00am Auction Start
- Auction Venue: Max’s Restaurant, Jupiter St. Bel Air 1, Makati City
Location of foreclosed condos for sale and price/sqm.
The list includes foreclosed condominiums within Metro Manila, which includes the following cities:
- Mandaluyong
- Makati
- Manila
- Paranaque
- Pasig
- Quezon City
- Taguig
It is worth noting that each listing includes the approximate price/sqm, which is very welcome as smart real estate investors often have to compute for this manually. It’s already on this list, which is nice!
One more thing, if a condo gets sold during the auction, we will have a pretty good reference for the current market value of other units in the same building.
Download the complete list of foreclosed condos for sale
You may download the complete list of foreclosed condos for sale through public auction on October 10, 2014 below. Just click on the image or download button:
Click to download Foreclosed Condos List for auction on October 10, 2014 (PDF)
or
Click here to download a JPG version
For inquiries, please call/email:
- Call: (02) 534-6954 / (02) 534-9725 / 0929-81-00000 and look for MS. NANCY ZAMORA
- Email: propertyforum@yahoo.com
Are you a foreigner interested in buying foreclosed condos in this auction?
If you are a foreigner, and you are interested in buying foreclosed condos, you need to make sure that foreign ownership is still below 40% of the total units of the condo project, as part of your due diligence. Speaking of due diligence, you also need to check how much the condo dues are (in pesos per square meter per month), if there are any arrears, and who will shoulder the payment of the arrears (if any).
Hint : If you want to download our very own 60-item Due Diligence Checklist, just subscribe to e-mail alerts to download the checklist for free (this is our gift to all subscribers and will be available for a limited time).
Disclaimer: Price and Status of the properties are subject to change without prior notice, properties for sale are on an “as is where is” basis, inadvertent misprints shall not alter the property’s factual condition or shall they be deemed as a misrepresentation.
Full disclosure: This is a sponsored listing from Property Forum Phils.
The article Thinking of Buying Foreclosed Condos? Attend the “Ten-Ten” Auction on October 10, 2014! appeared first on ForeclosurePhilippines.com
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