Dumaguete Info Search


PNB Properties Listing

Discussion in 'Off-Topic Forum' started by doromaner, Mar 30, 2012.

Best Posts in Thread
Page 1 of 2
  1. doromaner

    doromaner DI Member

    Messages:
    76
    Trophy Points:
    0
    Ratings:
    +0 / 0
    Has anyone ever looked at our purchased any of the real estate offerings on the Philippines National Bank property list. Some of the prices particularly for agricultural land are really amazing. I realize some of these properties may be in the middle of nowhere, but some may be worth a look? Plus is it not true that is the property is purchased from a bank the title should be beyond question?
     
    doromaner, Mar 30, 2012
    #1
  2. Cutie ladybug

    Cutie ladybug DI Forum Adept

    Messages:
    371
    Trophy Points:
    0
    Ratings:
    +0 / 0
    Is that info available online?

    Link?
     
    Cutie ladybug, Mar 30, 2012
    #2
  3. expatron

    expatron DI Forum Patron

    Messages:
    1,905
    Trophy Points:
    285
    Ratings:
    +514 / 126
    We bought our lot from BPI (Cebu), it was foreclosed and abandoned for around 35 years. They paid the tax and gave me a good price. Everything worked without a single hiccup.
    Ron
     
    expatron, Mar 30, 2012
    #3
  4. andiflip

    andiflip DI Senior Member

    Messages:
    561
    Trophy Points:
    231
    Ratings:
    +491 / 173
    I did the same thing in Sibulan, only problem was the bidding process was a bit long winded as i was the only one who put in a bid, They listed the property again in Cebu and Manila and didn't get any bites so it took a year or so but i got it for a very good price.
     
    andiflip, Mar 30, 2012
    #4
  5. firefly

    firefly DI Senior Member

    Messages:
    971
    Trophy Points:
    0
    Ratings:
    +17 / 1
    Foreclosed property's sould be available right away and the price include paperwork (tittle).
    The biggest problem might be with farmland where former owners take revenge for their lost property.
     
    firefly, Mar 30, 2012
    #5
  6. ChMacQueen

    ChMacQueen DI Forum Patron Highly Rated Poster Showcase Reviewer Veteran Army

    Messages:
    1,254
    Trophy Points:
    336
    Ratings:
    +1,386 / 173
    Yah but where is it you can find the listing? I'd be interested but hate to have to run down to the bank to sit for a day to have them try and look through stuff and show me 1 property that is insanely expensive while all the cheap ones are 100 Km to the nearest sari sari hehe
     
    ChMacQueen, Mar 31, 2012
    #6
  7. firefly

    firefly DI Senior Member

    Messages:
    971
    Trophy Points:
    0
    Ratings:
    +17 / 1
    Try Dumaguete City Development Bank.
    They have hundreds of property"s, it will take you only a few minutes to find out if they have something that fits you.
    Go upstairs or ask the security guard at the entrance.
     
    firefly, Mar 31, 2012
    #7
  8. Manzanita

    Manzanita DI Forum Patron

    Messages:
    1,221
    Trophy Points:
    0
    Ratings:
    +14 / 0
    A tip for foreigners. Do not, in any circumstances, buy any property that is still occupied by, or farmed on by the foreclosed-on residents.
     
    Manzanita, Mar 31, 2012
    #8
  9. Manzanita

    Manzanita DI Forum Patron

    Messages:
    1,221
    Trophy Points:
    0
    Ratings:
    +14 / 0
    Exactly, I personally know of more than one incident where this happened and the situation got ugly real fast. It's an avoidable headache.
     
    Manzanita, Mar 31, 2012
    #9
  10. Cutie ladybug

    Cutie ladybug DI Forum Adept

    Messages:
    371
    Trophy Points:
    0
    Ratings:
    +0 / 0
    A woman lawyer in Cebu was shot and killed just a month or two ago on her way home from watching people being evicted from a lot she'd won a court case over.
     
    Cutie ladybug, Mar 31, 2012
    #10
Page 1 of 2
Loading...