Rhapsody Residences with parking
55sqm.
Price: ₱5,475,000.00
West Parc with parking
62.32sqm.
Price: ₱7,232,000.00
The main advantage to purchasing property at a foreclosure auction is the reasonable price for which one can bid on a property. Although there will be other bidders, the resulting price is usually one that is quite attractive.
They usually have good title, property taxes will be up to date.
Discounted price purchase and wonderful profit opportunities.
The profit which the purchaser will see when they resell the home. Since the home was won at a reasonable amount, when the highest bidder goes to resell the property they will most likely see a good profit margin from that sale.