After asking for a copy of the auction guidelines, I received instead a copy of the CONDITIONS OF SALE for the UCPB auction of foreclosed properties on November 29, 2008. I advice interested bidders to carefully read all the provisions in the CONDITIONS OF SALE which I pasted below prior to the auction date.
It would [...]

Last week, I felt disappointed because I found out that all of the small condo units (22 sqm) in the upcoming UCPB auction were already sold out, even if the auction was still 3 weeks away. It turns out that Century Properties Management Inc. (CPMI), the one handling the auction for UCPB, had accepted pre-auction [...]

Now you have a list of foreclosed properties but then you may be asking yourself, “Why Foreclosed Properties?” I found this very enlightening article about foreclosed real estate. Read on…

I have here a certified list of tax delinquent real properties from the city of San Juan. This list is updated as of September 2008.
If ever they do push through with a public auction, I hope it would be as organized as the recent Marikina Public Auction of Real Properties with Tax Delinquencies .

Pamaskong Handog Auction Sale will be held on December 6, 2008, 9:00am, at the Jade palace, 106 Shaw Blvd., Kapitolyo, Pasig City.
Selected Properties at reduced Prices
Affordable Installment Rates
Downpayment as low as 10% for eligible buyers
Show Money is Php25,000 cash or MC per property
I noticed some properties are from RCBC’s list of acquired assets and they [...]

What: RCBC Public Auction – Mega Manila & LuzonWhen: November 22, 2008, Saturday, 9:30amWhere: Podium 4 Lobby, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, Philippines
As low as 10% Down PaymentBalance payable in 10 years, fixed interest rates(call for details)
Php25,000 Show money per property, Cash or MC
See listing on the left for more details! [...]

What: CBRE Public Auction of Foreclosed Real Estate
When: December 9, 2008, Tuesday, 2:00pm
Where: Penthouse, B.A. Lepanto Building, 8747, Paseo De Roxas, Makati City, Philippines
Financing available! As low as 10% Down Payment
Properties at very low prices!
Show Money: Cash or Manager’s Checks : Php25,000
See listing on the left for more details! You can either click the link [...]

My wife and I along with fellow real estate investor friends attended a Tax Foreclosure Auction in Marikina City last November 13, 2008. Although I did not win the bidding for any of the Marikina tax delinquent properties that I was interested in, the time was well worth it as I had learned so much [...]

UCPB’s most awaited public auction will be held on November 29, 2008 at 11th Floor, UCPB Bldg., 7907 Makati Avenue, Makati City, Philippines.
10% Downpayment
11% Interest
10 Years to pay
Click here to download the UCPB Listing of foreclosed properties for public auction.
Show Money is Php25,000.00 per property
Happy Hunting!

I also got this listing of foreclosed properties when I visited the HUDCC Housing Fair 2008 last October 29. This particular listing of acquired assets of RCBC is not for sale through auction but rather through negotiated bids and interested buyers are welcome to submit their offers. This means prices are negotiable! Refer to the [...]

CBRE shall be having a public auction on November 29, 2008, Saturday, 9:00am, at the Multipurpose Hall, Insular Life Building, Ayala corner Paseo De Roxas Avenue, Makati City, Philippines. Show money is only Php25,000.00 cash or manager’s check. Based on the ad, it appears these are bank acquired assets or foreclosed properties of ASIATRUST Bank. [...]

If you missed the 2008 Housing Fair held at the SM Megamall Megatrade Hall 1 and 2 in
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Mandaluyong City last October 29-31 2008, I have here information where you can download the respective foreclosed property listings of each of the participating government financing institutions and shelter agencies. Please see list below along [...]