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The Skysuites Tower, also known as The Sky Suites Corporate & Residential Towers, [ 2] is a 38-storey twin building complex under construction in Quezon City. Construction of the building was on hold for a while after its original owner, Globe Asiatique, got involved in a scam. The new owner, DoubleDragon Properties, acquired the building in ...
Bank-owned properties may also be referred to as real estate owned or REO homes, REO properties or simply REO. You might see a property listed with details like REO foreclosure, meaning a ...
August 27, 2024 at 11:32 PM. Aug. 27—Yet another lawsuit has been filed against Santa Fe real estate and art magnate Gerald Peters, who has been named a defendant in several complaints filed by ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...
The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.-based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.
Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
Foreclosed properties may appear to be hot deals, but beware if you're bargain shopping. Foreclosed homes often come with a variety of repair and financial issues that can add up to major expenses.