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BDO foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao as of April 2010

Note: The most updated listings of Banco De Oro (BDO) foreclosed properties can be found through this link: BDO foreclosed properties. The listing below is outdated but you may still access it for reference purposes.

I just received these updated listings of Banco De Oro or BDO foreclosed properties for sale in the Metro Manila, Luzon, Visayas, and Mindanao areas through e-mail, courtesy of Ms. Mary Jean Reyes of BDO Asset Management Group. More than 500 foreclosed properties all over the Philippines are included in these listings.

Do keep in mind that this is not a public auction and the BDO acquired assets on the listings are for negotiated sale. Please continue reading below for more details.

Payment terms

The minimum required downpayment is 30% of the selling price, with the balance payable through bank financing.

A reservation fee of 5% is required when making offers, which is refundable just in case the offer is disapproved. If the offer is approved, the reservation fee will form part of the downpayment which means only an additional 25% would be needed. Interest rates are based on prevailing rates at the time of the purchase/availment.

Please take note of the following:

  • Prices are negotiable, subject to Bank’s approval.
  • Sale shall be on “as is where is” basis.
  • Prices are subject to change without prior notice.
  • all offers are subject to Management approval.
  • Interest rates are based on prevailing rate at time of availment.
  • Lease offers welcome for all condominium units listed except those under “With Authority to Sell”. Please call for price.
  • Where applicable, prices are exclusive of VAT

BDO foreclosed properties for sale

Just click on the following to download the complete list of BDO foreclosed properties for sale for each respective area.

Note: The most updated listings of Banco De Oro (BDO) foreclosed properties can be found through this link: BDO foreclosed properties. The listing below is outdated but you may still access it for reference purposes.

For more details

For more information about any of the BDO acquired assets for sale, you may contact BDO directly through the following:

  • Visit BDO’s office at : BDO Asset Management Group / Sales Department 2/F Equitable Bank Tower, 8751 Paseo de Roxas, Makati City
  • Call MARY JEAN V. REYES – 0917-8515802 / 7027038

Happy hunting!

To our success and financial freedom!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Follow me in twitter:http://twitter.com/jay_castillo
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Text by Jay Castillo. Copyright © 2010 All rights reserved.

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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]
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