Now, excuse me there. Basically, I would estimate you would need maybe a maximum of $1,200 a month to live in the Philippines. If you can make $1,200 a month or if you have access to $1,200 a month, you can live pretty easily here. And Iâm not talking like some sort of hand-to-mouth existence.
Real property, sometimes referred to as real estate, realty or immovable property, is composed of any designated portion of land and anything permanently placed on or under it. The elements on or under the land can include natural resources and/or human-made structures.
An REO (Real Estate Owned) property is a home owned by the bank after a foreclosure. REO stands for Real Estate Owned. If a property is REO, this means that the bank owns the property as the result of a foreclosure. Read on to learn more about REO properties. Foreclosure is the legal process where real estate secured by a mortgage or deed of trust is sold to satisfy a debt.