Item Id: Cupit01
Case Name: Cupit, James M & Femie V
Case Number: 15 07580
Trustee:
Starting Minimum Bid: $1,000
Description: Estate’s interest in two (2) separate parcels of land in the Republic of the Philippines. The parcels are both located in the Province of Pangasinan and in the Municipality of Umingan The parcels are recorded as follows:
Parcel A: The ARN # is 00046 and the Property Index # is 03-026. Philippines records list the location as 2078-15920. The property carries a ‘Market Value’ of 240,000 PHP which equates to a value in USD Of approximately $4,871.00
Parcel B: The ARN # is 00047 and the Property Index # is 03-027. Philippines records list the location as 2078-15921. The property carries a ‘Market Value’ of 240,000 PHP which equates to a value in USD Of approximately $4,871.00
Annual taxes are estimated to be 576.00 on each parcel or a total of 1,152.00 combined. These taxes were paid in 2015, but 2016 status is unknown in terms or tax balance due.
The status of water, power, sewer and utilities is unknown.
Location In the Province of Pangasinan and the municipality of Umingan, Republic of the Philippines
Ownership Documentation philippine-property-info
Notes: BKAssets and the Trustee cannot provide assistance in transferring ownership of the property. The responsibility to record/transfer ownership in the Philippines is the responsibility of the winning bidder.
Under known current law of the Republic of the Philippines, property may be purchase in the United States but may only be legally recognized as a valid purchase in the Philippines if the buyer holds Philippines citizenship and has a valid current Republic of Philippines passport. Buyer may be a dual citizen of both countries and reside in the United States. For further details on real estate transfer and ownership by a resident of the United States, prospective bidders should direct their inquiries to the Philippines Consulate General office in Los Angeles. Address is: 3435 Wilshire Boulevard, Suite 550, Los Angeles, CA 90010. Telephone is 213-639-0980
Liens: We are not aware of any liens.