INSIDE REAL ESTATE: Due Diligence, Why The Need to do This?

To most sellers particularly non-accredited real estate salesperson are not familiar with such activity even with some PRC licensed real estate brokers who are only doing project selling which does not require much due diligence as long as real estate developers are compliant with Housing and Land Use Regulatory Board (now known as Department of Human Settlements and Urban Development - DHSUD) requirements before selling such properties like copy of License to Sell (LTS) which we also ask the marketing officers of land developers to give us before getting ourselves accredited and sell the project. This is one such example of conducting due diligence in what we in the real estate selling practice do is ask for an LTS before getting ourselves accredited with a developer.

However in resale properties (real estate properties with private owners and no longer under the developers' disposition) the performance of due diligence is very important and should be conducted by real estate professional in investigating a real estate property. 

Dabbling into Real Estate: An Introduction to the Basics of Real Estate Investing For Beginners

It has been more than 10 years now since I have attended the TRP seminar by Dr. Larry Gamboa. In my reflection as a real estate professional it has been a worthwhile experience to gain the knowledge of doing this method. It does have risks involve and bigger gains to have upon selling the property.  

SOLD: Rowhouse Unit at La Casa Nueva, City of San Fernando, Pampanga (SOLD)

The subject property is a bank foreclosed assets already for sale. It is ready for occupancy and requires minor renovation on the interiors. This unit is surely gold-mine prospect for would be buyers or future residents of this house with a lot of advantages on the location of this property. 

  

Built around 2006 / 2007. Townhouse or Rowhouse units available. Income-earning potential, Secure location and  neighborly community. Site of the  subject property is near major through fares and conveniences in the City of San Fernando.

What do think about the place? 

•  Location- Accessibility of the place is great near to schools, churches, hospital, supermarket etc. 
•  It’s flood free
• It has a community already.
• The place is already fully developed
• How about the financial aspect? 
•  It is PhP 1.2M negotiable way good for your budget
• Does it fit your lifestyle? 
•  24/7 Security. No worries leaving the house. 
•  Perfect as a family starter home.

 Let C. F. Baluyut Realty be your partner in buying foreclosed property that are surely homerun for your investment.

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Looking for Foreclosed Real Estate Properties?

This is a Foreclosed / Bank-acquired / Non-performing assets or real estate properties ready for disposal. These are sure gold-mine indeed.