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Hi, and welcome to my Indonesian expat news and real estate blog site. I hope you find the information here useful, informative, thought provoking, and perhaps good for even a chuckle or two. Please feel free to join in and participate by leaving a comment, suggestion or question. On the right side column navigation panes you will find areas for getting around on this site and some helpful links as well. To search my blog site for a topic of interest to you either use the search box in the upper left hand corner menu bar or use the blog archive on the right side column pane. Thanks for stopping by... And if you, or someone you know, is looking to buy or sell a property in Indonesia or the United States please contact me at +62.815.1000.8967

Wednesday, December 22, 2010

PRIVATE Auction of Bank Foreclosed Real Property

Through my professional networking contacts, I have just obtained the "inside scoop" on PRIVATE (not public) bank foreclosure AUCTIONS on real estate properties in Indonesia.




This means that by working with me you will have the exclusive or first shot at getting a bargain or great deal on a parcel of real property in Indonesia before it is even advertised on any type of real estate broker's "MLS" (multiple listing service) or other advertised sales media.  The means you will not be competing or bidding with a larger pool of buyers or investors; therefore the potential for much larger profit margins or "instant equity" exists.

Even if you are not a real estate inventor or speculator, but just an expat who's living in Indonesia and wants to buy or own your own residential property, why buy a property through mainstream or conventional channels and pay higher prices when you can save fistfuls of dollars (or rupiahs) by working with the professional "A-Team" that I have assembled? If you are a foreign investor or expat interested in buying and flipping distressed real estate properties contact me today for more information.

Although at the present time, Indonesian land law does not allow a foreign person to hold title or deed to real property in their own name; there are 2 loopholes or ways to circumvent this which does allow a foreign expat or investor to own real property here in Indonesia.  The first method is by using a "nominee" or Indonesian national or citizen in whose name the property will be initially titled.  The second method is to purchase the property in the name of a foreign company or business entity.  There is no requirement for a foreign company or corporation to have any partner, principal or Board of Director be an Indonesian citizen.  Therefore, if you are a savvy real estate investor, this is a means or vehicle by which to build an investment portfolio to buy and flip properties in Indonesia.  For more information and details on this see my previous blog article, "How Can a Foreigner Buy or Acquire Real Property in Indonesia - Course 201"

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