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Price established several businesses in Tacloban, providing jobs to its residents and was fondly remembered as the "King of Tacloban". During the Japanese occupation of the Philippines of World War II , Price was interned at the UST camp in Manila.
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Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Poverty incidence of Tacloban 5 10 15 20 25 30 2006 10.90 2009 20.45 2012 9.75 2015 21.45 2018 8.08 2021 10.70 Source: Philippine Statistics Authority Tacloban is the economic center of the entire Eastern Visayas, with an economy largely focused on agriculture, commerce, and tourism. Proximal to the city proper is the 237-hectare Eastern Visayas Agri-Industrial Growth Center (EVRGC), which was ...
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
The structure being at least older than 50 years is covered by the National Heritage Act of 2009 which mandates the preservation of such old buildings. Tacloban also has a city ordinance implemented in 2009 concerning heritage structures. However, both legislations were not applied to the Redoña Residence. [2]
Some of these properties are titled in the name of Marcos family members, but others are titled in the name of identified “Marcos cronies,” but reserved for the use of the Marcos family. [1] In some cases, several such mansions were located close together, with specific mansions meant for individual members of the family, as was the case of ...
Robinsons North Tacloban was created at the same time as Robinsons Ormoc, located in Ormoc City. Robinsons North is the 2nd Robinsons Mall in Eastern Visayas , the 12th Robinsons Mall in the Visayas archipelago, and the 47th nationwide.
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