Monday, November 25, 2019

Inside Real Estate: Residential Condominiums Are Here To Stay?

Residential Condominium at Jazz Residences Makati City

For the few decades, the Metro Manila landscapes is littered with pocket developments of high rise buildings located mostly in the commercial business districts areas of Makati, Quezon City, Bonifacio Global City (Taguig) and Alabang. With some developments nearby MRT / LRT train stations or closer to universities / colleges dotting the Taft Avenue and EDSA.

Monday, November 18, 2019

Fundamentals of Real Estate Ownership And FAQs in Philippine Properties

Photo by rawpixel.com from Pexels

For most Filipinos (or even foreigners) to own their home in the country is the dream country. It brings a great fulfillment and satisfaction on investing a properties that can be used as an instrument for investment (for leasing / selling), for pleasure (vacation home) or just a plain home where you can enjoy one's company with one's own family.

Monday, November 4, 2019

Getting Your Hands on Foreclosed Real Estate Properties: An Investment Strategy


Photo by rawpixel.com from Pexels


Recently, a lot people have been asking about foreclosed properties from residential and commercial properties to various vehicles to industrial machinery and others that these bank would like to disposed of and at the same time lessen the inventories of their non-performing assets (NPAs) or ROPA (Real and Other Property Assets jargon used by banks) into profit and lesser headaches for these custodians and the third party seller or brokers. There are tremendous inventories of these non-performing assets in major banks that surely the asset managers would want to make it go away in a jiffy.

How are these foreclosed properties get handed to the banks or lending institution?

In the Philippines. foreclosed properties are either acquired through nonpayment of the lender-client who was unable able to finance the acquired property due to default making  the property into distress with the bank taking over the risk on the property and making the individual lose the property. A lot of  real estate investors prefer distress properties and make a profit from it.

How To Acquire A Foreclosed Real Estate Properties?

There are lots of way to acquire foreclosed properties. One of which through auction. An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.

There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price.

Buy, Fix and Sell For A Profit

The strategy of most real estate investors acquiring the property at low price, repair the house or condo unit by making renovations and later selling it a high margin or price or use it as a rental property or for what other purposes they deemed it is useful. As a major rule, property's depend on location as the number one factor in finding the property. 

Need To Buy A Foreclosed Properties or Sell Your Golden Egg?

Need help in marketing your properties to the public? A real estate investor should hire a licensed real estate broker(s) or accredited salesperson. These professionals have a wide array of networks and contacts or list of clients who are looking for a property to buy. 

C. F. Baluyut Realty have more than a decade of experience in helping reach a client's goal. They can guide and help you on the process of buying properties for one's need and selling one's properties for personal gain with our very professional services all throughout. 


About the Writer


CRB Benedict Baluyut is a professional real estate broker, real estate appraiser and associate of C. F. Baluyut Realty. He is currently the Vice President for External Affairs, Real Estate Brokers Association of the Philippines, Inc. (REBAP) - Pampanga Chapter. You can get in touch with him at https://www.cfbaluyutrealty.com.




Monday, October 28, 2019

The National Land Use Act (House Bill 5240 and Senate Bill 1522) And Other Issues on Land Use

Photo Courtesy from RTVM Malacanang Youtube Channel

During the 17th Congress in 2017, House Bill No. 5240 was formulated from other house bills with the title "National Land Use Act of The Philippines: An Act of Instituting A National Land Use Plan and Management Policy".

Its provisions and policies are incorporated on the said bill however, there is no Implementing Rules and Regulation (IRR) yet created because it is still in the process of becoming a law as reach its final reading by our country's legislative bodies  (congress and senate). How come it did not gain  traction since the past three years under President Rodrigo Duterte and previously by the former President Benigno Aquino. Jr or other past administrations.

Friday, October 11, 2019

Property Listing Inventory - C. F. Baluyut Realty As of October 2019

Good Day Investors!

Here is the list of our properties in our inventory we had included the links and pictures posted in this website.

Legend:

RS - Residential House and Lot, Condominium, Apartment Complex
AS - Agricultural / Agro-Industrial 
CO - Commercial / Hotel / Building

Properties For Sale:

RS-004 (Residential / House & Lot)
Property: House & Lot For Sale
Location: Camachiles, Mabalacat City, Pampanga
https://www.cfbaluyutrealty.com/2019/04/for-sale-ready-for-occupancy-house-and.html

RS-005 (Residential / Apartment) 
Property: Apartment For Sale
Location: Dau, Mabalacat City, Pampanga
https://www.cfbaluyutrealty.com/2019/07/for-sale-four-door-apartment-in-brgy.html


RS-006 (Residential / Condominium)
Property: Residential Condominium For Sale
Location: Bel-Air, Makati City 

RS Code 007 (Residential)
Property: Residential Condominium For Sale
Location: Malaba√Ďas, Angeles City 

RS Code 008 (Residential / House & Lot)
Property: House & Lot For Sale
Location: Sindalan, City of San Fernando, Pampanga


AS-001 (Agricultural)
Property: Farm Lot For Sale
Location: San Simon, Pampanga
https://www.cfbaluyutrealty.com/2019/08/for-sale-agricultural-lot-for-sale.html

CO Code 001 (Commercial / Hotel)
Property: Hotel For Sale
Location: Dau, Mabalacat City, Pampanga
For more information, please contact us at:



CRB Benedict Baluyut, REB
PRC REBL No. 8358
Mobile No. 09175100734 (Globe / Whatsapp/ Viber)


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