BE A WISE REAL ESTATE INVESTOR
Home » Foreclosed Properties » Philippine National Bank foreclosed properties for auction at Tacloban City on September 3, 2009

Philippine National Bank foreclosed properties for auction at Tacloban City on September 3, 2009

The Philippine National Bank – Special Assets Management Sector shall be holding a public auction of foreclosed properties on September 3, 2009, Thursday, 2:00pm, at the Ritz Tower de Leyte, Real Street, Tacloban City, Leyte, Philippines. The Properties for auction are from Samar, Leyte, Cebu, and Bohol.

According to the property listing which I received through e-mail, foreclosed properties are available at up to 30% discount*, for as low as 8% interest rates*, and with payment terms up to 10 years.

*Rates may vary according to the market value of the property.

What to Bring
Installment buyers are advised to bring proof of income such as ITR, Certificate of Employment, Bank Statement, Etc. Participants are also required to make a deposit of Php25,000 cash or managers check(No Deposit, No Participation)

Purchase proposals submitted prior to the auction will be treated as valid bids. Submissions must be made to the PNB-Special Assets Management Head Office-Manila by August 28, 2009 at 3pm.

PNB-thumbnail

Click here to download PNB’s foreclosed property listing for public auction on September 3, 2009.

Auction Inquiries
For auction inquiries, you may contact the following:

PNB SPECIAL ASSETS MANAGEMENT SECTOR
CUSTOMER SERVICE

  • Mobile No. (0917) 507-8385
  • Tel. No. (02) 526-3131 / 891-6040
  • Locals: 4115 / 4713 / 4539 (Vanesa, Paulo & Notch)

REGIONAL ASSET MANAGEMENT CENTER
CEBU-BOHOL

  • Tel. Nos. (032) 412-1883 (Inting / Cecile)
  • Mobile No. (0917) 507-7172

SAMAR-LEYTE

  • Tel. Nos. (053) 523-9191 (Rey / Myra)
  • Mobile No. (0917) 507-7182

The auctioneer reserves the right at anytime to pull out or update status of the properties in the event discrepancies are found.

PROPERTIES FOR SALE ARE ON AN “AS IS WHERE IS BASIS”

Inadvertent misprints shall not alter the property’s factual condition or be deemed as a misrepresentation of the property.

PNB ACCEPTS REAL ESTATE BROKERS
Marketing Division will facilitate the registration for all interested Real Estate Brokers during the Auction Event. For more details please call (02) 891-6040 local 2919 or email legaspirg@pnb.com.ph. Contact person: Ricky Legaspi.

I am not an accredited broker of PNB though I may consider this in the near future.

Happy hunting!

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

Photo of author
About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.
Share

Did you miss buying a foreclosed property because it was too late when you saw the listing/ auction schedule?

Here's the solution...

DON'T BE THE LAST TO KNOW!

GET UPDATES FOR FORECLOSED PROPERTIES VIA EMAIL

Join over 100,000 smart real estate investors who receive

updated foreclosed property listings, auction schedules,

and real estate investing tips via email, it's free!

No thanks / Already subscribed
x
We take privacy seriously and we'll never spam you.
Please refer to our Privacy Policy

X
I'm looking for foreclosed properties in...


Looking for an article?
Click here to search the blog
Share