The Ultimate List of Philippine bank websites with online listings of foreclosed properties
Here’s a listing of all Philippine bank websites that have their listings of foreclosed properties for sale available online. The links on the table below will lead you to the specific page where you can find the listings of bank foreclosed properties for each individual bank.
Bank foreclosed properties are also referred to as bank acquired assets, Real and Other Properties Owned or Acquired (ROPOA), Real and Other Properties Acquired (ROPA), bank owned properties, bank repossessed properties, and Real Estate Owned (REO) so don’t be confused if these websites refer to them differently.
Take note that this list currently excludes now includes rural banks, universal, commercial, and thrift banks that have websites and have their listings of foreclosed properties online. If you want to start investing in foreclosures by looking for bargain bank owned properties and cheap foreclosures for sale, this is a good place to start. Some banks even include their inventory of bank repossessed cars in their bank owned property listings.
For bank websites that are currently undergoing maintenance, I have just indicated it in the remarks column.
This “Ultimate” list Philippine Bank Websites will be regularly checked and I will also update it once I find new websites of banks here in the Philippines that have foreclosed properties online. Please do let me know if you encounter any broken links or if you happen to know a bank website that is not listed here so I can add it here as well. Thanks.
(This list was last updated/checked on December, 2009)
If you are looking for other lending institutions like the Home Guaranty Corporation (HGC), Pag-IBIG Fund, National Home Mortgage Finance Corporation (NHMFC), and GSIS, you may visit my post about the Philippine Housing Fair 2009.
Please don’t forget to leave a comment below if you find any new Philippine bank website(s) that have online listings of their bank foreclosed properties that are not listed here so I can add them accordingly. Thanks.
Related posts:
- Philippine National Bank Foreclosed Properties For Sale As Of January 9, 2009
- Philippine National Bank foreclosed properties for auction at Tacloban City on September 3, 2009
- PSBank Foreclosed Property Listings for Metro Manila, Luzon, Visayas and Mindanao
- Bank repossessed cars for sale!
- Foreclosed properties for sale from Land Bank of the Philippines as of November 30, 2009
- BDO Nationwide Listing Of Bank Acquired Assets For Sale – Volume 1-2009
- PDIC to sell bank acquired properties of closed banks through sealed bidding
- Unionbank Special Public Auction of Foreclosed Properties On March 28, 2009
- Philippine National Bank Properties For Auction on August 20, 2009
- Philippine National Bank public sealed bidding of Prime Properties on August 7, 2009
Tagged with: bank acquired assets • bank foreclosed properties • bank owned properties • bank owned property listing • bank repossessed cars • bank repossessed properties • Foreclosed properties • philippine bank websites • real estate owned • reo • Repossessed Cars • ropoa
Filed under: Bank Websites • Foreclosed properties • Repossessed Cars • acquired assets
My sister to attend the seminar, instead of me?
wow! this is amazing. i find the info here to be very useful!!! thanks!
the earning student
wow, as in im amazed…galing talaga nyo.
God bless you always.
A lot of info here Jay! You’re making foreclosure research easier for everyone!
BTW. Are you building another site. I went by it and it had no posts yet. Anyway update me!
@ice_hot, thanks! I salute you by the way, early on you already have your mindset on earning. I wish I was like you when I was a student. Anyway, baka magulat na lang ako when I find out na out of the rat-race ka na before you graduate. =)
@Betty, nice to see you again here, I think you’ll be happy to know that the next post I’ll publish is from my wife, which means it’s all about creditable withholding tax. Dami kasing details that needed to be included.
@Ron, Thanks! I really hope this will make it easier for people to start investing in real estate. Yup, I am building another site but I haven’t been able to start yet. Will let you know when its ready. Thanks for visiting!
Hello Jay,
Here is another link to a bank asset
http://www.premierebank.com.ph/v3/?page_id=22
How can I hook up with guys like you who does foreclosed assets? Can I join you also in the coming auction on Mar. 12? It will be swell to observe you guys and hopefully learn how to do the oculars and biddings.
Hello Wilson, thanks for the link! Their website is not listed in the directory of banks at BSP’s website, good thing you shared it here, thanks again! I have just added them to the list. For March 12, I really hope I can come but I’m not sure because it’s on a Thursday. By the way, I won’t be bidding on March 12.
This is very useful info, thanks for the share.
Great listing of all Philippine bank website that have their listings of foreclosures for sale available online
Thank you for sharing all of this with us.
Here’s a link for ChinaTrust’s properties.
http://www.chinatrust.com.ph/chinatrust/misc-assests.htm
Hi Ming, thank you also for sharing! I’ll update the list asap to include ChinaTrust’s link.
great research – i didn’t know the Philippine banks were having some of the same issues as the US banks
TO WHOM IT MAY CONCERN
There are no listings of GSIS foreclosed properties. I search for the listings for almost an hour but I can’t find any. I am very much interested to see/read the list because I did not write the location of foreclosed porperties when I attended the housing fair 2009 at Megatrade hall for according the personnel just visit their website. Thank you if you can send me the list.
Hi Analiza, I understand your difficulty in finding the listings of GSIS foreclosed properties on their website. It really is very difficult to find. Anyway, you may visit their listing directly using this link: http://www.gsis.gov.ph/content.asp?ContentId=598. You may also get other websites of government lending institutions here: http://www.foreclosurephilippines.com/2009/12/4th-housing-fair-2009-sm-megamall.html. Thank you also for visiting!
Hi, I am a first timer here and I found out that acquired properties are not that great as far as the price is concern. Vechicles are too expensive also. You can find cars at the dealer better than the bank repos. This my own opinion based on what I seen so far. Thanks for posting.
Sincerely,
Jose
Hello Jose,
Yes, not all acquired properties are priced below market value. Out of a hundred, you might find only one worth buying. The numbers don’t look promising unless you look at and analyze 100 properties regularly, lets say 100 every week or 100 every month(25 per week). I don’t mean you have to visit all 100 properties, you just have to shortlist foreclosed property listings and then analyze the numbers for the remaining 100 properties that you have shortlisted and see if they are below market value and can also produce a good positive cashflow. If you only analyze a handful or even a dozen of properties and then give up looking at more, it would be very difficult for you to find those great deals. The same goes for repossessed cars.
I think this is the main reason why only about 3% of people who initially venture into real estate investing actually buy their first properties. Persistence is key! Thanks for visiting!
Hi Sir Jay,
This is another very informative/useful post.
In case you will buy a property on an installment/loaning payment.
Can you kindly explain what the Amortization Factor is?
I’ve googled it but I can’t find a clear explanation for it.
Thank you very much.
Regards,
ItchyRich
ItchyRich´s last blog ..About Me
Hi ItchyRich,
Thanks, I would also like to congratulate you for starting your blog about getting out of the rat race!
it just so happens I have a post about the amortization factor and you can read about it here: http://www.foreclosurephilippines.com/2009/11/how-to-calculate-for-the-amortization-factor.html
Thanks for visiting!