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Step 1
Learn about the Philippine Geography and look for a region that interests you. Manila is the capital city and located in Luzon. Cebu City is the biggest city in the middle islands of Philippines. Davao is the main city in the south of the Philippines. All these cities have airports but only Manila is accepting international flights.
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Step 2
Take time to view the foreclosures in your selected area. Get free 3000 listings of Foreclosed Properties in Philippines from http://Foreclosures.blogspot.com
If you prefer to work with a broker, be prepared to pay 5% commission. Also ask for the license number of the broker. There are many unlicensed brokers in Philippines. -
Step 3
Setup a Philippine Bank account with a reputable bank, HSBC is an international bank present in Philippines. Make sure you have ability to control the land. Foreigners are not allowed to own more than 40% of a Philippine property.
