RCBC Savings Bank has released a new listing of foreclosed properties for sale. These foreclosed properties shall be up for sale through a public auction this coming February 27, 2009, Friday, 2:00pm, at Podium 3, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, Philippines.
Areas covered are Pasig City, Quezon City, San Juan, Albay, Cavite, Laguna, Palawan, Rizal, Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac, Isabela, and Pangasinan.
Payment terms are as low as 10% downpayment with the balance payable in 10 years with fixed interest rates. Please call them up for more details.
If you’re new to real estate investing and this would be your first time to attend a public auction, checkout my recent post about the auction highlights of the UnionBank Public auction held last January 24, 2009, to find out what to expect. Don’t forget to bring Php25,000 show money in the form of Manager’s Checks for your safety and convenience.
Time to start analyzing the listed properties now and look for those great real estate investments.
Download the RCBC Amazing Buys Public Auction listing of foreclosed properties here.
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Happy hunting!
{ 8 comments… read them below or add one }
thanks for posting!
not much properties. yung gusto ko na property na foreclosed nila, di pa din kasama, bakit kaya.
Hi Jay,
can a buyer buy directly from the banks foreclosed property directly without having to bid for it? like if your an OFW?
regards,
Lemuel
@teamchi, you’re welcome!
@betty, maraming pwedeng reasons, baka within redemption period pa, or baka wala pa silang possesion, etc.
@Lemuel, thanks for dropping by and welcome! It really depends on the bank, for UCPB’s last auction, they entertained knockout bids where buyers added 5% on top of the minimum bid price, for RCBC, I haven’t checked yet if they will entertain offers before the auction. For Unionbank, they won’t, I already tried.
Hi Jay, Thanks for your blog. I am learning a lot from you and from your “community”. Ellen
Hi Ellen, thank you also for visiting, I hope this will be your community as well, enjoy your stay!
im interested properties that is forclosed from your bank.i may request if you can send me some list of forclose properties.
truly yours
zeny
Hi Zeny, please checkout my latest post containing the buena mano green tag properties. I’ll also drop you an e-mail. Thanks for the interest!