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Distressed and Foreclosures
Foreclosed and Distressed Investment Properties in The Philippines
The Philippines, a country in Southeast Asia, consists of over 7,600 islands divided into three main regions which are Luzon to the north, Visayas which is in the center and Mindanao to the south.
As it is between major Asian economies, including China, Philippines, and Singapore, The Philippines is a very a convenient hub for doing business, which support activity in the luxury real estate market.
Popular areas of The Philippines with International Buyers:
Boracay Properties
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or
buying below market value
.
There are many places to find distressed or
foreclosed properties in The Philippines
, for examples you can
ask a real estate agent
to filter for foreclosures or bank-owned (REO) properties.
Investors
can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties,
foreclosures
and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
How to sell or rent properties in the Philippines:
How to sell a property In Philippines
How to rent a property In Philippines
How to buy a property In Philippines
Real Estate Agents and Property Developers in The Philippines
Real Estate Companies
Development Companies
Useful Links and Information
Philippines Visa
International Property Directory (IPD) Online Since 2003