Repossessed houses for sale through sealed bidding

by Jay Castillo on August 29, 2009 · 22 comments

in Buena Mano

Interested in buying repossessed houses for sale through sealed bidding? Why not participate in the BPI Buena Mano Property Sales and Leases’ sealed bidding of repossessed houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business Park, Cebu City. All Bidders will be notified of the results.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the following business centers:

Bacolod Business Center

  • Bacolod City
  • Pontevedra
  • Talisay City

Cebu Business Center

  • Catbalogan
  • Cebu City
  • Lapu-Lapu
  • Tacloban

Iloilo Business Center

  • Aklan
  • Capiz
  • Iloilo

Cagayan De Oro Business Center

  • Cagayan De Oro
  • Iligan
  • Misamis
  • Pagadian

Davao Business Center

  • General Santos
  • Cotabato

Naga Business Center

  • Camarines Sur
  • Camarines Norte
  • Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed bidding.

(Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the right questions and then visit the foreclosed property if warranted. If the deal and the numbers make sense, then just fill-out the bid form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center, Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers near you. Do remember that only bids using the official bid form are valid. Call the hotlines below to get the form:

  • Bacolod (034) 434-6524
  • Cebu (032) 231-3071
  • Iloilo (033) 337-4458
  • Cagayan De Oro (08822) 729-469
  • Davao (082) 235-3559
  • Naga (054) 811-1042
  • Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com

You may also visit their website: http://www.e-buenamano.com

Before bidding on any of the repossessed houses, read the “fine print” below:

  • Seller reserves the right to withdraw any property from the bidding block prior to opening of bids
  • Seller reserves the right to reject any or all bids as it may find necessary without the obligation to disclose its reason for such action.

Happy hunting!

—–

To our financial freedom!

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

Text by Jay Castillo. Copyright © 2009 All rights reserved.
P.S. – If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

Bank repossessed houses for sale through sealed bidding

Interested in buying bank repossessed houses for sale through sealed bidding? Why not

participate in Buena Mano Property Sales and Leases’ sealed bidding of bank repossessed

houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the

following business centers:
Bacolod Business Center
Bacolod City, Pontevedra, Talisay City,

Cebu Business Center
Catbalogan, Cebu City, Lapu-Lapu, Tacloban,

Iloilo Business Center
Aklan, Capiz, Iloilo,

Cagayan De Oro
Cagayan De Oro, Iligan, Misamis, Pagadian,

Davao Business Center
General Santos, Cotabato,

Naga Business Center
Camarines Sur, Camarines Norte, Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed

bidding. (Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the

right questions and visit the property if warranted. If the deal makes sense then just fill-out the bid

form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center,

Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers

near you. Do remember that only bifs using the official bid form are valid. Call the hotlines below

to get the form:

Bacolod (034) 434-6524
Cebu (032) 231-3071
Iloilo (033) 337-4458
Cagayan De Oro (08822) 729-469
Davao (082) 235-3559
Naga (054) 811-1042
Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com
you may also visit their website: http://www.e-buenamano.com

Before bidding on that repossessed house, read the fine print below
Seller reserves the right to withdraw any property from the bidding block prior to opening of bids
Seller reserves the right to reject any or all bids as it may find necessary without the obligation to

disclose its reason for such action.
Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center

Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business

Park, Cebu City. All Bidders will be notified of the results.Bank repossessed houses for sale through sealed bidding

Interested in buying bank repossessed houses for sale through sealed bidding? Why not participate in Buena Mano Property Sales and Leases’ sealed bidding of bank repossessed houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the following business centers:

Bacolod Business Center

Bacolod City, Pontevedra, Talisay City,

Cebu Business Center

Catbalogan, Cebu City, Lapu-Lapu, Tacloban,

Iloilo Business Center

Aklan, Capiz, Iloilo,

Cagayan De Oro

Cagayan De Oro, Iligan, Misamis, Pagadian,

Davao Business Center

General Santos, Cotabato,

Naga Business Center

Camarines Sur, Camarines Norte, Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed bidding. (Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the right questions and visit the property if warranted. If the deal makes sense then just fill-out the bid form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center, Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers near you. Do remember that only bifs using the official bid form are valid. Call the hotlines below to get the form:

Bacolod (034) 434-6524

Cebu (032) 231-3071

Iloilo (033) 337-4458

Cagayan De Oro (08822) 729-469

Davao (082) 235-3559

Naga (054) 811-1042

Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com

you may also visit their website: http://www.e-buenamano.com

Before bidding on that repossessed house, read the fine print below

Seller reserves the right to withdraw any property from the bidding block prior to opening of bids

Seller reserves the right to reject any or all bids as it may find necessary without the obligation to disclose its reason for such action.

Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business Park, Cebu City. All Bidders will be notified of the results.

Don't be the last to know, subscribe now!

Subscribe now and get notified of new listings of foreclosed properties, public auction schedules, and real estate investing tips, it's free!

Incoming search terms:

foreclosed philippines, bidding, bpi foreclosed properties baguio city, repossessed houses for sale in philippines, repossessed house for sale philippines, cheapest bank forecloser house and lot in cebu philippines, forclosed property naga city philippines, repossessed house for sale, forclosure homes at bacolod city philippines, bacolod acquired assets

Tagged as: Acquired assets, BPI, Buena Mano, Foreclosed properties, Repossessed Houses, repossessed houses for sale, Sealed Bidding

  • http://3rdsense.com.cn/repossessed-houses-for-sale-through-sealed-bidding/ Repossessed houses for sale through sealed bidding 3rd sense

    [...] See the original post:  Repossessed houses for sale through sealed bidding [...]

  • http://www.cebuithub.com/repossessed-houses-for-sale-through-sealed-bidding-foreclosure/ Repossessed houses for sale through sealed bidding | Foreclosure … | cebuithub.com

    [...] More here: Repossessed houses for sale through sealed bidding | Foreclosure … [...]

  • http://topsy.com/tb/www.foreclosurephilippines.com/2009/08/repossessed-houses-for-sale-through-sealed-bidding.html Twitter Trackbacks for Repossessed houses for sale through sealed bidding | Foreclosure Philippines [foreclosurephilippines.com] on Topsy.com

    [...] Repossessed houses for sale through sealed bidding | Foreclosure Philippines http://www.foreclosurephilippines.com/2009/08/repossessed-houses-for-sale-through-sealed-bidding.html – view page – cached Interested in buying repossessed houses for sale through sealed bidding? Why not participate in the BPI Buena Mano Property Sales and Leases' sealed bidding of — From the page [...]

  • http://johnvill.com/ John Paul Paquibot

    are you also a real estate agent ?

  • http://dearbloggery.com Snow

    sayang walang metro manila…

  • Joseph

    At last this there’s listing for Cebu. Thanks a lot for this Jay. been reading your blogs quite a month already. Great blessings are here.

    God bless you more!

    Joseph

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi John, I’m a licensed real estate broker under REBAP MRCI. How may I help you?

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Snow, maraming Metro Manila properties sa upcoming UnionBank auction sa September 12. =)

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Joseph! You’re welcome and thank you also for reading and visiting. God Bless you and your family!

  • mar

    hi i just wanna ask mas okay ba bumili ng mga foreclosure properties than sa bago.kase i was thinking to buy a residential lot under sta lucia property sa quezon city…i want an advice kung mas makakamura ba talaga pag yung mga naforeclosed ng bank ang bibilhin?thank u.

  • dexter

    hi.. im interested to buy a lot in tagaytay. around 400 to 1000sq.m. preferrably with lakeview. please email me listings. thanks.

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Dexter, will look for one that fits and get back to you. This could take some time though as I really am not focused on the Tagaytay area.

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Mar,

    Thanks for dropping by and for your question. Yes, foreclosed properties are definitely cheaper than new as the bank usually only needs to recover the unpaid loan to them, which is at least 20% lower than the market value of a property (normally kasi 20% is the minimum equity banks require for loans on real estate). In your case, if you intend to buy a lot, it would be very easy to verify the price as you just need to compare the current selling price per square meter with the price of foreclosed lots in the same area.

    Just let me know if you need further clarifications. Thanks for visiting!

  • mar

    hi jay,thanks for the answer on my first inquiry.i have another question.someone is selling their residential lot to me at a very good price but the problem is the title is still under their mom and was not able to transfer the title to him or any of his siblings before their mom died months ago.he told me that all of them (4 children)agreed to just sell the lot since they needed to pay the debt/money used when their mom was hospitalized before.as per the price of the lot i know its really really good but what about the process like in this case?is it a good decision for me to buy it?and as per this case,can u give me an idea and advice about it?what do u think would be the problem if i go ahead in buying this lot?is it enough that all of them ( the 4 siblings )can just sign the deed of sale so they can legally sell it?or is there any other legal procedures for cases like this.anyway,the husband(their father has already passed away also long time ago)…is property automatically goes to the kids if there is no last testament given?pls enlighten me with this.thank u so much jay.i really appreciate ur help.

  • dexter

    no problem.. can still wait. thanks.

  • http://earnpilipino.com/ catrosinfo

    Great list.

  • mar

    hi jay,thanks for the answer on my first inquiry.i have another question.someone is selling their residential lot to me at a very good price but the problem is the title is still under their mom and was not able to transfer the title to him or any of his siblings before their mom died months ago.he told me that all of them (4 children)agreed to just sell the lot since they needed to pay the debt/money used when their mom was hospitalized before.as per the price of the lot i know its really really good but what about the process like in this case?is it a good decision for me to buy it?and as per this case,can u give me an idea and advice about it?what do u think would be the problem if i go ahead in buying this lot?is it enough that all of them ( the 4 siblings )can just sign the deed of sale so they can legally sell it?or is there any other legal procedures for cases like this.anyway,the husband(their father has already passed away also long time ago)…is property automatically goes to the kids if there is no last testament given?pls enlighten me with this.thank u so much jay.i really appreciate ur help.

  • Enrico

    Hi, I am looking for farm lot near nabas or malay, aklan. do you know any for sale lot there? contact me at 09394493294.

    engr. e. de leon

  • http://www.foreclosurephilippines.com Jay Castillo

    Hi Enrico, to help us serve you better, please fill-up the form below. Thanks!

    http://www.foreclosurephilippines.com/tools/buyproperty

  • http://WWW.FORECLOSEPHILIPPINES.COM tintin

    PWEDE PO BA IPASOK SA PAG IBIG FORECLOSE PROPERTY….MY NUMBER PO 09216467711 BELOW 1M LNG PO

  • http://none Elaine

    Hello Jay,

    I’m looking for a forclosed residential lot for sale near Mindanao Avenue for my grandmother and mother. Would you know any reposessed property for sale? I’ve been looking around for an affordable property but still with no luck. We would really appreciate whatever advise you can give us. Thanks so much!

  • phoebe villanueva

    hi,
    just wanted to enquire house and lot properties in bacolod city, do you have any available, as im planning to buy one, i have view some in internet site e.g. sulit .com but at times much more expensive due to broker prices… so i thought it would be better prices those that are foreclosed properties thanks hope you could help
    phoebe

Previous post:

Next post: