Monday, September 19, 2011

RCBC Foreclosed Properties - Isabela


Prop. Acct. No. /Category - Class/ Location/ Lot Area (sq m) /Indicative Price (Php)

1-0000-000000928 Residential - With Improvement Benito Soliven, Isabela 348.00 985,000.00

1-0000-000000459 Commercial - With Improvement Reina Mercedes, Isabela 1,138.00 1,272,000.00

1-0000-000000460 Residential - With Improvement Reina Mercedes, Isabela 1,710.00 2,014,000.00


Sunday, September 18, 2011

RCBC Foreclosed Properties - Ilocos/Pangasinan


Prop. Acct. No. /Category - Class/ Location /Lot Area (sq m) /Indicative Price (Php)

1-0000-000000489 Residential - With Improvement Laoag City, Ilocos Norte 1,476.00 1,445,733.00

1-0000-000000486 Agricultural - Vacant Lot Aringay, La Union 3,910.00 768,728.00

1-0000-000000215 Residential - Vacant Lot Asingan, Pangasinan 886.00 248,080.00

1-0000-000000453 Residential - With Improvement Tayug, Pangasinan 3,767.55 1,317,016.58

via http://www.rcbc.com

Saturday, September 17, 2011

RCBC Foreclosed Properties - Cordillera Administrative Region



Prop. Acct. No./ Category - Class /Location/ Lot Area (sq m) /Indicative Price(Php)


1-0000-000000023 Residential - Vacant Lot Tuba, Benguet 4,428.00 3,542,400.00

1-0000-000000378 Residential - Vacant Lot Tublay, Benguet 1,000.00 400,000.00

1-0000-000000379 Residential - Vacant Lot Tublay, Benguet 1,000.00 400,000.00

1-0000-000000380 Residential - Vacant Lot Tublay, Benguet 1,000.00 400,000.00


via http://www.rcbc.com

RCBC Foreclosed Properties - Metro Manila





Prop. Acct. No. /Category - Class /Location/Lot Area (sq m) /Indicative Price (Php)


1-0000-000000394 Industrial - With Improvement Kalookan City, Metro Manila 282.00 7,113,318.00

1-0000-000000293 Commercial - Vacant Lot Las Piñas, Metro Manila 208.00 1,248,000.00

1-0000-000002249 Commercial - Vacant Lot Las Piñas, Metro Manila 209.00 1,254,000.00

1-0000-000002248 Commercial - Vacant Lot Las Piñas, Metro Manila 227.00 1,362,000.00

1-0000-000002250 Commercial - Vacant Lot Las Piñas, Metro Manila 230.00 1,380,000.00

1-0000-000002251 Commercial - Vacant Lot Las Piñas, Metro Manila 233.00 1,398,000.00

1-0000-000001059 Residential - With Improvement Las Piñas, Metro Manila 154.00 2,178,800.00

1-0000-000001060 Residential - With Improvement Las Piñas, Metro Manila 286.00 2,989,506.00

1-0000-000000095 Residential - Condominium Makati, Metro Manila 0.00 6,425,650.00

1-0009-000000798 Residential - Condominium Manila, Metro Manila 0.00 1,553,176.00

1-0009-000000799 Residential - Condominium Manila, Metro Manila 0.00 1,553,176.00

1-0009-000000802 Residential - Condominium Manila, Metro Manila 0.00 1,553,176.00

1-0009-000000803 Residential - Condominium Manila, Metro Manila 0.00 1,553,176.00

1-0009-000000804 Residential - Condominium Manila, Metro Manila 0.00 2,631,174.00

1-0009-000000805 Residential - Condominium Manila, Metro Manila 0.00 2,631,174.00

1-0009-000000800 Residential - Condominium Manila, Metro Manila 0.00 2,631,174.00

1-0009-000000801 Residential - Condominium Manila, Metro Manila 0.00 2,631,174.00

1-0009-000000806 Residential - Condominium Manila, Metro Manila 0.00 2,886,726.00

1-0009-000000580 Residential - Condominium Manila, Metro Manila 0.00 21,066,112.00

1-0009-000000809 Residential - Condominium Parking Slot Manila, Metro Manila 0.00 150,000.00

1-0009-000000810 Residential - Condominium Parking Slot Manila, Metro Manila 0.00 300,000.00

1-0009-000000811 Residential - Condominium Parking Slot Manila, Metro Manila 0.00 300,000.00

1-0898-000000006 Residential - With Improvement Manila, Metro Manila 71.00 2,543,100.00

1-0000-000002162 Residential - Vacant Lot Muntinlupa, Metro Manila 1,000.00 1,200,000.00

1-0000-000002163 Residential - Vacant Lot Muntinlupa, Metro Manila 1,000.00 1,200,000.00

1-0000-000002161 Residential - Vacant Lot Muntinlupa, Metro Manila 2,000.00 2,400,000.00

1-0000-000000291 Residential - Vacant Lot Muntinlupa, Metro Manila 2,000.00 2,400,000.00

1-0000-000000292 Residential - Vacant Lot Muntinlupa, Metro Manila 210.00 3,696,000.00

1-0000-000001175 Residential - Vacant Lot Muntinlupa, Metro Manila 1,678.00 29,532,800.00

1-0000-000000880 Residential - With Improvement Muntinlupa, Metro Manila 218.00 864,000.00

1-0009-000000190 Industrial/Commercial - Vacant Lot Parañaque, Metro Manila 422.00 4,093,400.00

1-0009-000000189 Industrial/Commercial - Vacant Lot Parañaque, Metro Manila 786.00 7,624,200.00

1-0000-000001184 Residential - Condominium Parañaque, Metro Manila 0.00 4,976,580.00

1-0000-000001058 Residential - With Improvement Pasay City, Metro Manila 223.60 2,347,800.00

1-0009-000000014 Residential - Others Pasig, Metro Manila 12.00 503,226.00

1-0009-000000015 Residential - Others Pasig, Metro Manila 12.00 615,054.00

1-0009-000000017 Residential - Others Pasig, Metro Manila 12.00 615,054.00

1-0009-000000018 Residential - Others Pasig, Metro Manila 12.00 615,054.00

1-0898-000000026 Residential - With Improvement Pasig, Metro Manila 230.00 1,369,000.00

1-0898-000000027 Residential - With Improvement Pasig, Metro Manila 276.00 1,596,200.00

1-0000-000000961 Commercial - With Improvement Quezon City, Metro Manila 1,266.90 29,680,180.00

1-0009-000000205 Residential - Townhouse Quezon City, Metro Manila 144.00 7,068,000.00

1-0000-000000251 Residential - Vacant Lot Quezon City, Metro Manila 160.00 3,456,000.00

1-0000-000000206 Residential - Vacant Lot Quezon City, Metro Manila 411.60 6,297,480.00

1-0000-000000207 Residential - Vacant Lot Quezon City, Metro Manila 436.80 7,556,640.00

1-0000-000000017 Residential - Vacant Lot Quezon City, Metro Manila 1,000.00 8,000,000.00

1-0000-000000223 Residential - Vacant Lot Quezon City, Metro Manila 38,547.00 19,274,000.00

1-0000-000000165 Residential - Vacant Lot Quezon City, Metro Manila 875.00 35,000,000.00

1-0000-000001173 Residential - Vacant Lot Quezon City, Metro Manila 875.00 35,000,000.00

1-0000-000000879 Residential - With Improvement Quezon City, Metro Manila 200.00 3,316,000.0


1-0009-000000819 Residential - With Improvement Quezon City, Metro Manila 392.00 8,118,810.00

1-0000-000000166 Residential - With Improvement Quezon City, Metro Manila 531.00 10,089,000.00



via http://www.rcbc.com/prop.php

Monday, September 5, 2011

Find It, Fund It, Fix It


I received an e-mail from Larry Gamboa, a real estate investor. See below...


Here's a Marilao Case Study 
I found the property in Marilao Bulacan when SM 
Marilao was just putting steel on the ground to build
another SM Mall in 2005. 

I funded it by buying through a Union Bank Auction
where I simply put 10% with 15 years to pay. 

I fixed the property and filled it up with tenant buyers
made good monthly passive income. I then neglected
to manage the property and ended up suffering
financial through defaulted payments.

Today, I have cleared the property of all tenents and
am ready to start anew. Flip it or Do a Joint Venture.
The banks are interested in funding take-out and
renovation. 

The challenge is finding the right buyer or partner
from Marilao Bulacan who can do a good job of
owning and/or managing the property.

Want to make an easy Php20,000? Send me hot
prospects (buyers) for the property. Once we close
you get paid. In short, I want to use my Marilao
property to build a buyer's list in the area.

Interested? Come to the Saturday Think Rich Pinoy
Wealth Seminar or simply email me the list of hot
buyers from your list.
 


Sunday, June 12, 2011

Tips in Buying a Condo

Recently, my friend purchased a condo with Century Limitless Corp. Their project is Azure Urban Resort with the first of it's kind in Manila having a beach within the condominium complex.

Before plunging in to buy the condo, my friend took a research on the factors that will help him in deciding whether to buy or not. Below are some of the considerations he made:

Location
San+Pedro+MacatiThe condo is located beside SM Bicutan. It is just a walking distance from the condo and it is very near the highway. It is not very far from the airport and just in case he wants to settle down for good in the Philippines and setup a business or work in Makati, the route going to Makati is less than 30 minutes away. The condo is situated on the upper portion of the building which is good for investment. As the condo unit go higher, the price is also increasing. The unit he got is facing the beach and that is another premium in the price of the unit.

Developer
Flatiron+BuildingThe developer is Century Limitless Corp, who has already constructed high profile condominiums in the heart of Makati which includes the Gramercy Residences and Knightsbridge Residences. Overall, it has constructed more than 60 buildings and are still counting. Century Properties recently is acquiring stake in East Asia Power, a publicly listed company. Maybe Century Properties is trying to enter the backdoor of stock market through East Asia.

Residential Purpose only
In the Master Deed of the condo project, it will specify whether the condo will be used for Commercial and residential purposes. If the condominium will be used for commercial purposes also, the privacy of the occupants may be disturb. So you need to check that the units are not being used commercially.

Floor Plan
Pennsylvania+Convention+CenterWhen the developer said it's a square meter condo, it means the 40 square meter includes the outer part of the unit. Also, my friend checked the units in every floor to see if the floor will be crowded or not. The storeys were taken into consideration because he needs to see how many people will come and go in the elevator.

Amenities
The amenities must include a large space for relaxation and in this case, it has 1 hectare dedicated to beach alone. It also has playgrounds, gym, spa and basketball courts, etc. His kids has ample space to roam around and play.

Price
My friend normally looks at the price first before checking anything in the brochure. He is very concerned about the price that he ended up thinking whether it is a good buy or not. He consider the premium on the beach, the location of the unit, the bedroom type and the comparative prices of similar type in nearby areas. He found out that the premium mostly went because of the beach.

Considering+The+Tax+ShelterOther charges
Aside from the unit price, my friend was told to pay taxes, Transfer fees, documentary stamp tax, closing costs, etc. He was made aware of the other costs he is going to pay upon turnover of the unit.

Lease Opportunity
Since most of the time he is in abroad, he took a soft research on condo being leased out to others. He found out that most of the lessors are OFW, foreigners, upper middle income earners. The company also has property management that will help out in leasing the unit. This lease will help in offsetting the payments incurred in buying the condo.

Saturday, June 11, 2011

For Sale: Condo in Manila with Beach!


LOCATION

6 hectares of sprawling prime property right at the exit of the South Luzon Expressway (SLEX) in Bicutan,

Schools - Gateway to exclusive Schools and Universities on the South, Southridge International School in Paranaque, Brent IS in Sta Rosa,
  De La Sale Zobel Alabang,

Travel  - Very near Airport NAIA, Terminal 2 & 3.

OfficesJust 10 minutes from Makati and Alabang.
Malls   - The property is located next to SM Mall along West Service Road in Paranaque City, 
10 minutes from Filinvest and Alabang Town Center.
Investment - Centered around an established commercial area making it a perfect investment. The centerpiece of The Azure is the truly iconic and first of its kind, man-made beach cove complete with pristine white sand, undulating waves, multiple water slides and water cascades.


azurebeach.jpg picture by tnglobelcoation21.jpg picture by tnglobe
  
AZURE BEACH - An oasis of calm. A private sanctuary to recharge, revitalize and enjoy.

AMENITIES - A private sanctuary to recharge, revitalize and enjoy, Azure Urban Resort Residences affords you quality amenities to soothe your soul and strengthen your well being.

Surrounding the Azure’s man-made beachis a host of resort-style amenities:

  • Beach Volleyball area
  • Open park
  • Zen garden
  • Grand entrance fountains
  • Multiple playgrounds
  • Lap pool with cascading waterfalls
  • Poolside bar
  • Basketball court
  • Multipurpose court

Facilities in the modern clubhouse

  • Function rooms
  • Movie/THX room
  • Restaurant
  • Children’s play area
  • Gymnasium
  • Massage and spa facilities




INTEGRATED DESIGN IDEAS
Units in the Azure Urban Resot Residences are available in 1bedroom, 2bedroom,and 3 bedroom configuration.

- Luxe
- Downtown Chic
- Modernist
- Asian Modern


azure61-1.jpg picture by tnglobe
interior_modernist1.jpg picture by tnglobe




interior_downtownchic1.jpg picture by tnglobe


interior_asianmodern1.jpg picture by tnglobe
Azure Residences: UNIT PRICES: 
Studio-1BR  Php 1,874,000.00 - Php 2,131,000.00  26.07sqm - 29.30sqm (non-beach view)
Studio-1BR  Php 2,291,000.00 - Php 2,594,000.00  26.07sqm - 29.58sqm (beach view)
  
3BR Unit  Php 5,622,800.00 - Php 6,393,000.00   78.21sqm - 87.90sqm (non-beach view)
3BR Unit  Php 6,873,000.00 - Php 7,188,000.00   78.21sqm - 88.74sqm (beach view)

2BR Units at Azure Residences:
1.Combined studio-1BR units / Php 4,137,000 to Php 4,312,000 / 53.20sqm - 58.78sqm
(non-beach view)
2.(Combined studio-1BR units / Php 4,820,000 to Php 5,350,000 / 53.20sqm - 58.78sqm
(beach view)
3.(Non-combined, 2BR unit / Php 2,613,000 to Php 3,133,800 / 35.18sqm - 36.69sqm

(non-beach view)
4.(Non-combined, 2BR unit / Php 3,843,000 to Php 5,906,000 / 43.06sqm - 64.00sqm
(beach view)
 
Payment TermsDownpaymentAmortizationBalloon PaymentTurnOver Fee(Discount) /Premium
Spot Cash----26.50%
Equal Payment----11.80%
20-60-2020.00% in 6 months--20.00% upon Turnover9.90%
50-50---50.00% upon Turnover3.30%
35-65 (pagibig)35.00% in 39 months---0.00%
10/25/196510.00% in 6 months--65.00% upon Turnover0.80%
Balloon Payment-10.00% in 6 months10.00% in 6 months65.00% upon Turnover0.40%
10-40-5010.00% in 6 months--50.00% upon Turnover3.30%
40-6040.00% in 39 months---1.00%


For UPDATED Sample Computations with complete Amortization Schedule,
Discounting Options, Payment Terms and Units Availability and Unit Location,
 
please e-mail me at skyrainph@gmail.com and skyrainph@yahoo.com.

Randy Ayson
Real Estate Investor