You've shared a detailed process of buying a foreclosed property. Fully packed! Know the Objective, ARV, Price comparison, Financial Literacy, 1% rule for rental property, due diligence, mortgage calculator etc. Hope I can use this practical advice in year 2021 when I have enough savings. Thank you Sir Jay for sharing this actual case.
You're welcome and thank you also Rodel. I'm glad you found this helpful, I wish you all the best in your property investing journey. I hope the pandemic will be over by then. Stay safe!
@E. M. Siwa Oo nga po, bihira na. Kaya kahit umangat ng konti sa 0.5% baka pwede na pagtiyagaan. Salamat po for all the insights and experience you share, much appreciated!
Hello everyone, sorry all my comments/replies have disappeared (except yung unang comment ko na may mga reply sa ilalim) after I changed my youtube channel from personal to brand channel (so I can assign people to help manage my channel). Anyway, I prepared for this by making a backup of all comments and I am manually restoring all comments for all videos. Please disregard new notifications for replies to your comments when I restore them. Thanks.
Hi Rommel, glad you found this helpful, thanks for the feedback. I remember how I felt back then when I was still working when I read your comment. Looking back, I would suggest not to quit your job yet, instead you should maximize the ability to get financing for buying properties. Good luck and God bless!
Please do more vlogs regarding real estate. Request to do vlog on your step by step process in assessing market value. Minsan mahirap po un tanong tanong lang sa tabi tabi or scout of sale of similar properties online especially this time. Medyo mataas ang valuation *kuno* ng mga tao because of the pandemic.
Tama po kayo, in times like these, we can expect some unscrupulous individuals to try to take advantage of the situation. Yes, one of my upcoming videos is a walkthrough inspection and analysis of the valuation of a candidate foreclosed property, please watch for it. Thanks!
New subscriber here sir Jay..Ill watch all your videos so I can learn more about foreclosed properties investing.Thank you so much for videos.Those are so informative especially for a newbie like me which has lot to know before I finally get there.Keep it up sir.God Bless you!
Hi Sir Jay, when negotiating a price with a bank, should you tell them the reason why you went with your price? Should you say na 'o this is far from schools, nobody has taken notice of this since time immemorial, etc etc' or the bank doesn't care? Thank you very much and more power!
Yes, you should justify a low offer with reasons, although I believe the best chance for them to actually take notice is for properties that have remained unsold for a long time. For newly listed properties, even if you listed very convincing reasons for a low offer, I noticed they would just wait and see (probably because the property still has a high book value) if others would be interested.
Jay Castillo noted po sir. Binasa ko na po yung “Secrets of Billionaire Mind” at maganda po talagang book, actually binasa ko to ksi na mention nyo po ito sa vid na to. Was trying to do his recommendations din po. Just let us know sir if meron pa po kayong additional books na ma recommend. Maraming salamat po
Hi Summer, with regard to real estate, of course, Rich Dad Poor Dad and other books by Robert Kiyosaki (Cashflow Quadrant, ABC's of real estate investing, and another book where Dolf De Roos was a co-author). and Think Rich Pinoy. Riches in Foreclosures was also okay even if the author became a "fallen guru". Other books (not necessarily real estate) would be Simplify by Bo Sanchez, Richest Man in Babylon, 7 Habits of Highly Effective People, First Things First, and The 4-Hour Work Week. These are at the top of my mind but there are a lot more (books by Malcolm Gladwell, the book "Ask", "Launch", books of T. Harv Eker, Pat Flynn, etc... marami pa sobra).
You're welcome, happy to share! Pahabol, I highly recommend the "money jars" method in the book Secrets of the Millionaire Mind ni T. Harv Eker. Mas maganda kung may mahanap kang audio recording nung companion seminar. :-)
I wondered how this guy has changed my life and yet get very little views..I love the emails and your blog property list provides.. It really makes my searching a lot easier compared to jumping from 1 website to another..So God bless Jay hope I meet you and thank you personally
Wow, thank you Carl, I'm happy you found the blog/classifieds database helpful! I still have a lot to improve with my videos here in youtube, but your comment has made all the effort worth it. Thanks again and God bless you too. Yes, looking forward to meet you in the future, hopefully when the pandemic is over. :-)
Hi Jay Castillo, How do you find comps or current market value for the area/property to estimate the ARV. Is there such a site or service that can provide these numbers. I ask this because I am overseas and am not able to drive to the location or know anyone in the area. Please help. Thank you
@@JayCastillo Thank you for reply. I will look into qualified appraisers. Since I am still a beginner and really need hands on guidance - would you be open to doing a deal with me - I will gain valuable knowledge and in return you will make a cut a deal. Perhaps this is not a place to discuss these things - please contact me at s.rayman89@gmail.com - Thank you and appreciate all the knowledge you have imparted
Hi Deeas, if you are based overseas, getting the services of a licensed real estate appraiser would be a good option. Speaking of appraisers, my wife mentioned that real estate appraiser associations are building an app with a database of market values, although she's not sure if it will be made publicly accessible, or limited only to real estate appraisers within their association. There haven't been any recent updates so I really don't know what happened to that project, sorry.
Sir gandang gabi, tanong kolang May vacant lote ako na bili, 350k 350sqm din sya lapit sa market un ngalang my 8 squatters nka tira at kailangan pa tambakan kc kangkongan sya, sulit po ba un, Bacolod kami
Hello po, may property po dito sa tabi ng bahay namin, sabi po ng pag-ibig dati pa, buyback daw po iyon, unoccupied po kasi, kaya interested sana ako, Ang problema, diko nmn po makita sa website ng pag-ibig na buyback sya, paano ko po kaya malalaman sir? Kung buyback ba tlga yun? O hinde? Salamat po,
@@JayCastillo I want to thank you sir in your contribution in the industry. Btw. my favorite in your website is how you explain/compute for amortization factor :D
Thank you, Sir Jay. I’ve been receiving regular email from your company and I appreciate it so much. My sister already applied to BoC foreclose property in Taytay. This is very timely for me, I’m really interested to buy a house pasalo in Cavite. Would like get advice from you please. Will send email po, hopefully mabasa nyo po. Keep safe to you and your family.
You're welcome and thank you also Jinnette! Good luck with your offer at BoC, I suggest you/your sister to follow-up on your offer regularly. Regarding "pasalo", I'll be in the lookout for your email. Sorry if its taking me too long to reply to emails (my inbox is just overloaded), you can just ask here so I can answer faster.
Sir, may question po ako regarding sa occupant buyer. Paano po ang proseso? nakausap ko ang property specialist and sabi nya hindi daw ako qualified sa negotiated sale na nakapaskil sa website, tama po ba yun?
Hi Achilles, based sa Pag-IBIG circular 428, pwede bumili ang occupant ng Pag-IBIG property. Tawag ng Pag-IBIG dito "Direct Purchase". Wala nga lang nakasulat kung pwede sa properties under negotiated sale. Naka receive na po ba kayo ng Invitation to Purchase (ITP) from Pag-IBIG? Eto po yung details na nasa Pag-IBIG circular 428: IV. DIRECT PURCHASE FOR OCCUPIED UNITS 1. Direct Purchase shall refer to the purchase of the acquired assets by the present occupant. 2. The Fund shall issue an Invitation to Purchase (ITP) to the present occupant offering him/her the option to purchase outright the acquired asset or to lease the property with option to purchase later. 3. The present occupant shall submit an Offer to Purchase (OTP) indicating his chosen mode of payment, and pay the non-refundable reservation fee. Said reservation fee shall be forfeited in favor of the Fund in case the buyer did not pursue the sale transaction, or his application is denied for reasons attributable to him. The OTP shall be valid for a period of thirty (30) calendar days. 4. The selling price of the subject acquired asset shall be based on its latest appraised value. 5. No discount shall be granted under direct purchase. 6. Once an offer has been made, the buyer must comply with the terms and conditions of the chosen mode of payment under Item Vl.1 of this Guidelines within the prescribed period from payment of the reservation fee. 7. If the occupant fails to submit an OTP within the prescribed period from receipt of the Invitation to Purchase, Pag-lBIG Fund may initiate the eviction proceedings. Link to Pag-IBIG circular 428: www.pagibigfund.gov.ph/document/pdf/circulars/housing/Circular%20No.%20428%20-%20Omnibus%20Guidelines%20on%20the%20Sale%20of%20Pag-IBIG%20Fund%20Real%20and%20Other%20Properties%20Acquired.pdf Edit: Eto pala nahanap ko, hindi na pwede ang long term installment, pwera na alng kung may "meritorious reasons": "1.3.2.2 Former owners or housing loan borrowers, who intend to acquire properties which they currently occupy, shall no longer be allowed to purchase the acquired assets through long-term installment. However, the Deputy Chief Executive Officer for Home Lending Operations Cluster may allow them to purchase the acquired asset through long-term installment due to certain meritorious reasons."
Magkano talaga ang ipapatong sa buy and sale let say nabili ko ngayon after a month ibinta ko, at Di na renovate ang property magkano ipapatong, ILANG percent
Hi James, bale hindi po percent, depende po sa market value nung mga katabi/kamukhang (same size) property. For example, yung mga katabi/kamukha sa isang village ay kakabenta lang sa presyong Php2M, tapos may nabili kayo na Php1.5M sa loob din nung village (dapat kamukha and same size), pwede kayo mag mark-up para ang selling price niyo ay Php2M din. By the way, pag hindi niyo na i-re-renovate, bawasan niyo yung selling price para may pang renovate yung bibili sa inyo.
gud morning sir jay!!im the original borrower were still in the property still we want to purchase but Unfortunately someone interested...should i consult pag ibig how about legal matters? thanks and be safe
@@JayCastillo gud evening sir jay but the new owner want to vacate the place how about the development and xtension i did on the haus can i ask if she can pay it and give us time to leave to look for a place to live or amicable settlement
Good day Jennifer, sorry to hear your situation. Yes, I highly suggest na makipag-usap kayo agad with Pag-IBIG, hopefully ma-ayos niyo pa. Eto po baka gusto niyo basahin, more tips para ma avoid niyong maforeclose yung bahay niyo: www.foreclosurephilippines.com/4-tips-on-how-to-stop-foreclosure/
Yes po, you can always negotiate to reach an agreement with regard to the extension/ improvements you introduced, along with an extension. I just hope they are open to this. My suggestion is if you arrive at an agreement, don't forget to put it in writing. Another thing you can do is have a meeting with the barangay chairman present.
Hi Julie! Marami sa Isabela province, eto listahan: www.foreclosurephilippines.com/classifieds/?_form_scheme_id=98514&reveal_hidden=1&location=Isabela%3B+&custom_field_12=3601 Annual payment ba or monthly? Usually po kasi monthly ang payment, tapos depende sa price nung property at interest rate/ payment terms nung bank/Pag-IBIG kung magkano yung magiging monthly amortization.
Pasensiya na Ms. Josephine, hindi na kadi nag o-offer ng services as real estate brokers, pero pwede naman po kayo mag search sa mga properties na nasa database namin. Search na lang po kayo ng fit sa requirements niyo and within your preferred location: www.foreclosurephilippines.com/classifieds/
@@JayCastillo in addition to that, kailangan may extrang pera ka in case na masira ang property and walang kita ang rental para pangbayad ng amortization. mataas ang penalty and interest just in case madefault sa bank ng amortization
![The Best Insurance Sales Systems: The 6 Questions vs the 5 Fundamentals [Similarities & Differences]](http://i.ytimg.com/vi/O96VgM9fxec/mqdefault.jpg)
![⭐ฮิตในTikTok!! ( มะมะมะหมูเด้ง MooDeng ) Ver. แดนซ์ ReMix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/4noyAoMa7bQ/mqdefault.jpg)
You've shared a detailed process of buying a foreclosed property. Fully packed! Know the Objective, ARV, Price comparison, Financial Literacy, 1% rule for rental property, due diligence, mortgage calculator etc. Hope I can use this practical advice in year 2021 when I have enough savings. Thank you Sir Jay for sharing this actual case.
@@JayCastillo Thank you Sir Jay. God bless us always!
mahirap kumuha ngayon ng 1% rule kahit na foreclosed property. ako I buy dilapidated property
You're welcome and thank you also Rodel. I'm glad you found this helpful, I wish you all the best in your property investing journey. I hope the pandemic will be over by then. Stay safe!
@E. M. Siwa Oo nga po, bihira na. Kaya kahit umangat ng konti sa 0.5% baka pwede na pagtiyagaan. Salamat po for all the insights and experience you share, much appreciated!
Hello everyone, sorry all my comments/replies have disappeared (except yung unang comment ko na may mga reply sa ilalim) after I changed my youtube channel from personal to brand channel (so I can assign people to help manage my channel). Anyway, I prepared for this by making a backup of all comments and I am manually restoring all comments for all videos. Please disregard new notifications for replies to your comments when I restore them. Thanks.
Wow!! Thanks sir jay for free knowledge!! Lodi❤
You are giving so much value to your audience whether from you tube or emails. I'm always reading your emails. Thanks Sir Jay
Thanks a lot Julius for subscribing and the kind words, you just made my day!
You made so much impact in my real estate investing journey. Thank you so much!
You're welcome and thank you also, happy to help!
Watching at work,, and feeling to quit and hunt for a new opportunity in real estate investment, very inspiring and educational,, god bless
Hi Rommel, glad you found this helpful, thanks for the feedback. I remember how I felt back then when I was still working when I read your comment. Looking back, I would suggest not to quit your job yet, instead you should maximize the ability to get financing for buying properties. Good luck and God bless!
Good Morning po, when will you have your next Live event buying auctions/foreclosed properties. Thanks
Please do more vlogs regarding real estate. Request to do vlog on your step by step process in assessing market value. Minsan mahirap po un tanong tanong lang sa tabi tabi or scout of sale of similar properties online especially this time. Medyo mataas ang valuation *kuno* ng mga tao because of the pandemic.
Jay Castillo Yehey!!! Thanks po! 😁👍🏻❤️
Tama po kayo, in times like these, we can expect some unscrupulous individuals to try to take advantage of the situation. Yes, one of my upcoming videos is a walkthrough inspection and analysis of the valuation of a candidate foreclosed property, please watch for it. Thanks!
New subscriber here sir Jay..Ill watch all your videos so I can learn more about foreclosed properties investing.Thank you so much for videos.Those are so informative especially for a newbie like me which has lot to know before I finally get there.Keep it up sir.God Bless you!
Thank you for subscribing Bro Lietz, glad to help and pay it forward. God bless you too!
You are great sir, continue sharing and more power.
Thank you Sunny!
sir ask ko lng po. KELAN PO PWD TIRHAN O PATAYUHAN yung nabili na property sa pagibig negotiated sales? After po b makapagdownpayment pwd n?
Sir Jay good day! Do you still conduct online seminars or mentoring program? How can I be part of it? Thank you :)
Very informative. Thank you sir
Thanks sir Jay for the info. It helps a lot..
You're welcome, thank you also for the feedback!
Hi Sir Jay, when negotiating a price with a bank, should you tell them the reason why you went with your price? Should you say na 'o this is far from schools, nobody has taken notice of this since time immemorial, etc etc' or the bank doesn't care? Thank you very much and more power!
Yes, you should justify a low offer with reasons, although I believe the best chance for them to actually take notice is for properties that have remained unsold for a long time. For newly listed properties, even if you listed very convincing reasons for a low offer, I noticed they would just wait and see (probably because the property still has a high book value) if others would be interested.
Thanks for sharing, Sir Jay!
You're welcome and thank you also!
Jay, THANK YOU! God bless you more!
You're welcome and thank you also Paul, God bless you too!
Thank you for this! God bless!
Hi Sir Jay, may I ask what are the books that you’ve read that influenced you a lot?
Jay Castillo salamat po sa generosity nyong tumugon. I will try to read your reco so maybe I can be as successful as you someday 😊
Jay Castillo noted po sir. Binasa ko na po yung “Secrets of Billionaire Mind” at maganda po talagang book, actually binasa ko to ksi na mention nyo po ito sa vid na to. Was trying to do his recommendations din po. Just let us know sir if meron pa po kayong additional books na ma recommend. Maraming salamat po
Hi Summer, with regard to real estate, of course, Rich Dad Poor Dad and other books by Robert Kiyosaki (Cashflow Quadrant, ABC's of real estate investing, and another book where Dolf De Roos was a co-author). and Think Rich Pinoy. Riches in Foreclosures was also okay even if the author became a "fallen guru". Other books (not necessarily real estate) would be Simplify by Bo Sanchez, Richest Man in Babylon, 7 Habits of Highly Effective People, First Things First, and The 4-Hour Work Week. These are at the top of my mind but there are a lot more (books by Malcolm Gladwell, the book "Ask", "Launch", books of T. Harv Eker, Pat Flynn, etc... marami pa sobra).
You're welcome, happy to share! Pahabol, I highly recommend the "money jars" method in the book Secrets of the Millionaire Mind ni T. Harv Eker. Mas maganda kung may mahanap kang audio recording nung companion seminar. :-)
Sir , base sa experience nyo updated ba ang REAL Estate Tax ng mga forclosed properties nabili nyo sa mga bank ?
Hi Hazel, yes, so far lahat ng nabili namin updated ang payment ng amilyar. Malamang binabayaran ng bank in advance para may discount sila. :-)
I wondered how this guy has changed my life and yet get very little views..I love the emails and your blog property list provides.. It really makes my searching a lot easier compared to jumping from 1 website to another..So God bless Jay hope I meet you and thank you personally
Wow, thank you Carl, I'm happy you found the blog/classifieds database helpful! I still have a lot to improve with my videos here in youtube, but your comment has made all the effort worth it. Thanks again and God bless you too. Yes, looking forward to meet you in the future, hopefully when the pandemic is over. :-)
Love your videos,, very informative keep it up :)))
Thank you for the kind words!
Hi Jay Castillo, How do you find comps or current market value for the area/property to estimate the ARV. Is there such a site or service that can provide these numbers. I ask this because I am overseas and am not able to drive to the location or know anyone in the area. Please help. Thank you
@@JayCastillo Thank you for reply. I will look into qualified appraisers. Since I am still a beginner and really need hands on guidance - would you be open to doing a deal with me - I will gain valuable knowledge and in return you will make a cut a deal. Perhaps this is not a place to discuss these things - please contact me at s.rayman89@gmail.com - Thank you and appreciate all the knowledge you have imparted
Hi Deeas, if you are based overseas, getting the services of a licensed real estate appraiser would be a good option. Speaking of appraisers, my wife mentioned that real estate appraiser associations are building an app with a database of market values, although she's not sure if it will be made publicly accessible, or limited only to real estate appraisers within their association. There haven't been any recent updates so I really don't know what happened to that project, sorry.
Sir gandang gabi, tanong kolang May vacant lote ako na bili, 350k 350sqm din sya lapit sa market un ngalang my 8 squatters nka tira at kailangan pa tambakan kc kangkongan sya, sulit po ba un, Bacolod kami
Hello po, may property po dito sa tabi ng bahay namin, sabi po ng pag-ibig dati pa, buyback daw po iyon, unoccupied po kasi, kaya interested sana ako,
Ang problema, diko nmn po makita sa website ng pag-ibig na buyback sya, paano ko po kaya malalaman sir? Kung buyback ba tlga yun? O hinde?
Salamat po,
Ang galing 8 mins lang pero super technical :D
@@JayCastillo I want to thank you sir in your contribution in the industry.
Btw. my favorite in your website is how you explain/compute for amortization factor :D
@Jose Emmanuel Navarro, Thank you for the feedback, really appreciate it!
Thanks again @Jose Emmanuel Navarro, glad you like the amortization articles/tools we have. I'll also be making a video for those articles/tools. :-)
Maraming salamat sir Jay...☺
You're welcome and salamat din Anthony!
Thank you😍
sir ok lng ba mag invest sa pagibig foreclosed properties
Thank you, Sir Jay. I’ve been receiving regular email from your company and I appreciate it so much.
My sister already applied to BoC foreclose property in Taytay.
This is very timely for me, I’m really interested to buy a house pasalo in Cavite. Would like get advice from you please.
Will send email po, hopefully mabasa nyo po.
Keep safe to you and your family.
You're welcome and thank you also Jinnette! Good luck with your offer at BoC, I suggest you/your sister to follow-up on your offer regularly. Regarding "pasalo", I'll be in the lookout for your email. Sorry if its taking me too long to reply to emails (my inbox is just overloaded), you can just ask here so I can answer faster.
Sir, may question po ako regarding sa occupant buyer. Paano po ang proseso? nakausap ko ang property specialist and sabi nya hindi daw ako qualified sa negotiated sale na nakapaskil sa website, tama po ba yun?
Hi Achilles, based sa Pag-IBIG circular 428, pwede bumili ang occupant ng Pag-IBIG property. Tawag ng Pag-IBIG dito "Direct Purchase". Wala nga lang nakasulat kung pwede sa properties under negotiated sale. Naka receive na po ba kayo ng Invitation to Purchase (ITP) from Pag-IBIG?
Eto po yung details na nasa Pag-IBIG circular 428:
IV. DIRECT PURCHASE FOR OCCUPIED UNITS
1. Direct Purchase shall refer to the purchase of the acquired assets by the present occupant.
2. The Fund shall issue an Invitation to Purchase (ITP) to the present occupant offering him/her the option to purchase outright the acquired asset or to lease the property with option to purchase later.
3. The present occupant shall submit an Offer to Purchase (OTP) indicating his chosen mode of payment, and pay the non-refundable reservation fee. Said reservation fee shall be forfeited in favor of the Fund in case the buyer did not pursue the sale transaction, or his application is denied for reasons attributable to him. The OTP shall be valid for a period of thirty (30) calendar days.
4. The selling price of the subject acquired asset shall be based on its latest appraised value.
5. No discount shall be granted under direct purchase.
6. Once an offer has been made, the buyer must comply with the terms and conditions of the chosen mode of payment under Item Vl.1 of this Guidelines within the prescribed period from payment of the reservation fee.
7. If the occupant fails to submit an OTP within the prescribed period from receipt of the Invitation to Purchase, Pag-lBIG Fund may initiate the eviction proceedings.
Link to Pag-IBIG circular 428: www.pagibigfund.gov.ph/document/pdf/circulars/housing/Circular%20No.%20428%20-%20Omnibus%20Guidelines%20on%20the%20Sale%20of%20Pag-IBIG%20Fund%20Real%20and%20Other%20Properties%20Acquired.pdf
Edit: Eto pala nahanap ko, hindi na pwede ang long term installment, pwera na alng kung may "meritorious reasons":
"1.3.2.2 Former owners or housing loan borrowers, who intend to acquire properties which they currently occupy, shall no
longer be allowed to purchase the acquired assets through long-term installment. However, the Deputy Chief Executive
Officer for Home Lending Operations Cluster may allow them to purchase the acquired asset through long-term
installment due to certain meritorious reasons."
Magkano talaga ang ipapatong sa buy and sale let say nabili ko ngayon after a month ibinta ko, at Di na renovate ang property magkano ipapatong, ILANG percent
Hi James, bale hindi po percent, depende po sa market value nung mga katabi/kamukhang (same size) property. For example, yung mga katabi/kamukha sa isang village ay kakabenta lang sa presyong Php2M, tapos may nabili kayo na Php1.5M sa loob din nung village (dapat kamukha and same size), pwede kayo mag mark-up para ang selling price niyo ay Php2M din. By the way, pag hindi niyo na i-re-renovate, bawasan niyo yung selling price para may pang renovate yung bibili sa inyo.
Sir pano po ako makapag avail nong sa foreclosed na bahay? Thank you
Sir kami po yung naka tera s blk 3 lot 15 pH 1a mabuhay homes 2000 darangan kalawaan binangonan rizal naka bid n xa paano at at saan xa bayaran po
gud morning sir jay!!im the original borrower were still in the property still we want to purchase but Unfortunately someone interested...should i consult pag ibig
how about legal matters?
thanks and be safe
@@JayCastillo gud evening sir jay
but the new owner want to vacate the place how about the development and xtension i did on the haus can i ask if she can pay it and give us time to leave to look for a place to live or amicable settlement
Good day Jennifer, sorry to hear your situation. Yes, I highly suggest na makipag-usap kayo agad with Pag-IBIG, hopefully ma-ayos niyo pa. Eto po baka gusto niyo basahin, more tips para ma avoid niyong maforeclose yung bahay niyo: www.foreclosurephilippines.com/4-tips-on-how-to-stop-foreclosure/
Yes po, you can always negotiate to reach an agreement with regard to the extension/ improvements you introduced, along with an extension. I just hope they are open to this. My suggestion is if you arrive at an agreement, don't forget to put it in writing. Another thing you can do is have a meeting with the barangay chairman present.
Hello po sir jay myrun po ba available sa Isabella province state mabi2li at mgknu po annual payment maraming slmat po
Hi Julie! Marami sa Isabela province, eto listahan: www.foreclosurephilippines.com/classifieds/?_form_scheme_id=98514&reveal_hidden=1&location=Isabela%3B+&custom_field_12=3601
Annual payment ba or monthly? Usually po kasi monthly ang payment, tapos depende sa price nung property at interest rate/ payment terms nung bank/Pag-IBIG kung magkano yung magiging monthly amortization.
Hi sir,naghahanap po ako ng mabibiling property na potential for business,baka po may offer kayo
Pasensiya na Ms. Josephine, hindi na kadi nag o-offer ng services as real estate brokers, pero pwede naman po kayo mag search sa mga properties na nasa database namin. Search na lang po kayo ng fit sa requirements niyo and within your preferred location: www.foreclosurephilippines.com/classifieds/
rental business, mahirap din dahil sa vacancy and default of payment of tenants
@@JayCastillo in addition to that, kailangan may extrang pera ka in case na masira ang property and walang kita ang rental para pangbayad ng amortization. mataas ang penalty and interest just in case madefault sa bank ng amortization
Very true E.M., kaya napaka important ng tenant-screening, well written lease contracts, and advanced payments/securty deposit.
Tama po, kailangan din ng maintenance reserves. Yung sa loan naman, dapat may emergency funds din