Good post Terpe

I would be very cautious when buying foreclosed property in the Philippines. Remember these people have had months if not years of knowing they are going to lose the property. There can be all sorts of nasty surprises waiting for the new owners.
Another thing to consider is the former owner of the property may still live nearby and not take kindly to the new owner!

If you go to any bank they usually have a foreclosure section on their website. Its usually outdated and you are more likely to get the correct information by visiting the bank.

Here's a couple of websites with foreclosed properties.

http://www.olx.ph/index.php/classifi...sed+properties

http://www.foreclosurephilippines.co...ing-fair-2013/

We have bought several parcels of land and houses over the years and i still think the best deals you can get are not foreclosed properties.