Category: Motivation

5 Money To-Do’s For Newly-Married Couples

Believe it or not, there are still a lot of couples who got married in June and February this year. Many of them are still on their honeymoon bliss while the rest are starting to realize and are beginning to ask themselves what in the world did they enter into. It’s just not so like a single’s kinda life. 😀

So for those who just got hitched whether extravagantly or frugally, I’m pretty sure most of you are very excited for your new baby to arrive. You just could not explain the immense joy, hope, and love that new gift from heaven would bring to your new life. Continue reading 5 Money To-Do’s For Newly-Married Couples

OFW Friends, What Do You Miss About the Philippines?

MANILA, Philippines — Google Philippines has launched a campaign to crowd source a song dedicated to our beloved overseas Filipino workers (OFW) to be released in time for National Heroes Day on August 31.

“We are doing it for the OFWs kasi alam namin na mahirap ang buhay ng mga Pinoy abroad (because we know the hardship Filipinos experience living abroad) and one of the things they miss the most are friends and family and all things Pinoy like music,” Google Philippines marketing head Ryan Morales said.

Users — whether an OFW missing the country or a Filipino missing OFW/s — need only to post their contribution using the hashtag #GoogleMissKoNa on their social media accounts. Google Philippines will then curate the posts with the help of five local artists Sponge Cola, ItchyWorms, Kjwan, Ebe Dancel, and Mikey Bustos, all of which will also help in putting the melody together and recording the song.

“Ang mga Pilipino sentimental talaga kaya ang sarap nila bigyan ng song na puwede nilang kantahin kapag nami-miss nila yung Pilpinas (Filipinos are really sentimental so it really feels good to make them a song they could sing whenever they miss the Philippines),” Itchyworms drummer Jazz Nicolas said.

If asked to submit his own contribution, Nicolas said it would be about Pinoy’s natural warmth and hospitality.

“Mas warm talaga yung Pinoy lalo na kapag nakakita ka ng kapwa Pinoy sa ibang bansa alam mo close ka na. Mayroon talaga kayong bond agad (Filipinos are really warm especially when we meet each other in other countries; as if we have known each other for a long time. There is an immediate bond),” Nicolas said.

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Every submission to the song will also amount to a P1 donation made in behalf of the Blas Ople Policy Center to build halfway houses for victims of human trafficking.

Google said the initiative is also part of their “Balikbayan” campaign which “aims to reconnect overseas Filipinos with their families and friends and help them sustain and enrich their relationships despite physical barriers.”

*This article by Jose Bimbo Santos first appeared on InterAksyon.com

6 Frequently Asked Questions About Foreclosed Properties

We have conducted two batches already of our Usapang Foreclosed Property Investing featuring our friend and real estate investing mentor Jay Castillo of ForeclosurePhilippines.com but people are craving for more.

That’s why we are offering the 3rd batch of this series to all those who were not able to attend the first two batches.

Before you join and register for the 3rd Usapang Foreclosed Property Investing seminar, here are few of most asked questions to help you out about foreclosed property investing taken from Jay’s website.

1. Are all properties listed by banks foreclosed?

ANSWER:

Bank listings usually only include foreclosed properties as they are not really in the real estate business. S

ometimes however, you will also see some bank acquired assets for sale which they got as payment through a dacion en pago or payment in kind, as a result of foreclosure proceedings.

2. Can I ask the bank for the copy of the title?

ANSWER:

Yes, just need to ask for a copy and they should give you a photocopy which you can use to check/verify at the registry or deeds by getting a certified true copy.

3. I am just curious what happens to the unsold properties in the auction? Does the bank reschedule them for another auction or can buyers make an offer to the bank at the starting bid price?

ANSWER:

For Unionbank, they usually set another auction for the unsold properties about a month later.

For auctions conducted by CBRE, they usually come out with post auction listings where “best offers” are considered, which means interested parties can submit offers below the minimum bid price.

For RCBC, they usually schedule another auction and take off 5% from the minimum bid price(MBP) for unsold properties.

4. Tanong ko lang po kung pwede pang mag habol yung dating may ari yung property pag fully paid na po ng buyer. And pano rin po pag dipa fully paid yung property pwede pa rin po basila mag habol?

ANSWER:

If tapos na yung redemption period, wala nang habol yung dating may ari.

If I’m not mistaken with the legal terms, the redemption period is one year after the execution of the foreclosure. Kahit hindi pa fully paid ang new owner, basta nag lapse na yung one year na redemption period, wala na ring habol ang previous owner.

Usually, banks only sell foreclosed properties whose redemption periods have already lapsed. Although they usually inform interested parties if the redemption period has lapsed or not, it would be better to double check, just to be sure.

5. Please expound the clause “as is, where is” for foreclosed properties?

ANSWER:

“as is, where is” generally means the buyer agrees to purchase the property at its present physical condition including but not limited to any problems or legal issues the property maybe involved in.

Best practice is for the buyer to thoroughly inspect the property and check for any lis pendens, annotations, etc., on the TCT plus trace-back plus any arrears on taxes, dues, etc. that maybe for the account of the buyer.

It would be highly recommended to check the auction guidelines as well on how the term “as is, where is” is defined by the bank conducting the auction.

6. What are the typical requirements to join an auction as a bidder?

ANSWER:

Aside from the show money or manager’s check, the winning bidder must submit all requirements as stated in the conditions of sale.

Learn More From Jay Castillo of ForeclosurePhilippines.Com

BATCH 3 is coming up!

Attend the 2nd 3rd batch of the Usapang Foreclosed Property Investing seminar on September 26, 2015 at the SMX Aura Convention Center, Bonifacio Global City in Taguig City.

Early Bird: PHP 2,000 (until August 31, 2015 ONLY)
Regular (online): PHP 2,500
On the Day: PHP 3,000
* Food will be served

To register for the next Usapang Foreclosed Property Investing seminar, click the banner below or please go here-–>http://angatph.com/registration/

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Learn more how to make your money grow through real estate by subscribing to BurnGutierrez.Com for FREE.

Join the OFW UsapangPiso Facebook Group to learn how to plan your finances the right way and how to grow your money in various financial instruments and investment vehicles such as stocks, mutual funds, UITF’s, bonds, money market, real estate, and others.

Rock your way to abundance!

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P.S. 4. If you are based abroad or just outside of Metro Manila and has been itching to learn more on how to jumpstart your business dreams, join me and my friend, serial entrepreneur Ginger Arboleda, as we take you through a series 2-hour webinars (for 11 Saturdays) that will help you focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions with 11 expert lecturers (with 1 FREE session if you enroll in the full program) that will make you a stronger and better entrepreneur. Register here to join the Enter Entrepreneurship Webinar Program now!

P.S. 5. Learn How To Make Money From Foreclosed Properties! We are on our 3rd run of the Usapang Foreclosed Property Investing with Jay Castillo of ForeclosurePhilippines.com! Happening on September 26, 2015 at the SMX Aura, Bonifacio Global City. Click here to register and avail the early bird promo!

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