The most popular way to buy foreclosed properties in the Philippines would be through banks. These are commonly referred to as bank acquired assets. You can submit a purchase proposal – and win through first come first serve basis – which means your bid comes first and is satisfactory, then you win. On the other […]

This article surfaced in 2008 from the ABS-CBN website: Whether it’s investors looking to buy cheap and sell for profit, or families who want to bring their renting days to an end, foreclosed homes have a sure market. In the last couple of years, foreclosed properties being sold by banks have been gaining popularity on […]

You feel you know everything about buying foreclosed properties but there’s always something new to learn (or remind you!). CNN has come up with 9 tips to buying foreclosed home. If you’re into flipping foreclosed properties, here’s a wise tip: Don’t expect to profit from a quick sale. Investors who buy intending to do as […]

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From about.com, this is one of the most educational video there is on the internet about foreclosed properties. Spend a few minutes watching the video and learn from what she says. How Do Foreclosures Work A wise take away from the video: “You need to know that a bank-owned foreclosure home may be vandalized or […]

Popularmechanics.com has an article on what problems to anticipate or check out when buying a foreclosed home. Foreclosed homes can sell for a fraction of their original worth, and may seem like a steal: A fixer-upper at a low price. But Brion Grant, president of the American Society of Home Inspectors, tells PM that while […]

Here’s an article from EHOW.com on how to buy a foreclosed home. When you buy a foreclosed home, you’re cashing in on a home someone was no longer able to pay for. Foreclosures are difficult–both to locate and to execute the transactions–but the potential to turn them over for a tidy profit may be there. […]