vacant lot - ForeclosurePhilippines.com

Green Tag properties are real estate properties with Titles and TaxDeclarations duly consolidated I transferred under the name of the bankwhich foreclosed the property/ies.The bank holds possession of the foreclosed property/ies with its authorizedcaretakers, particularly those with improvements and can be visited Iinspected anytime.YELLOW TAG PROPERTIESYellow Tag properties are real estate properties with any of thefollowing "special concerns": Titles and I or Tax Declarations are still inprocess of transfer to the name of the bank which foreclosed the property/ies;Titles are already under the name of the bank which foreclosed theproperty/ies but the properties are still occupied by the former owners,tenants or illegal occupants; or there are property documents that still needto be updated.Red Tag properties are real estate properties specifically with pendingcourt cases (under litigation) filed by the previous owners against the Bank.Titles of these properties are with annotations, Adverse Claims or LisPendens.www.foreclosurephilippines.comProperties in the next pages are color-coded to identify its classification(Green Tag Properties, Yellow Tag Properties and Red Tag Properties)3