Asiatrust recently came out with this listing of foreclosed properties for sale. Only 20% Downpayment is required with the balance payable through financing at fixed interest rates, and up to 10 years to pay. As far as I know, these properties are for negotiated sale.

The foreclosed properties for sale are from the Metro Manila, CALABARZON, Central and Northern Luzon, and Mindanao areas.

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Post by Cherry Castillo

In my research on foreclosed properties which I found on bank websites from my husband’s post: Ultimate List of Bank Websites, I became interested in a foreclosed property from Asiatrust Bank which was located at Pinaglabanan Ext., San Juan, priced at around P1.5M so I called up their Acquired Assets Group. Unfortunately, the said foreclosed property has already been sold. Ms. Maeryl Ann B. Blacer, Jr. Marketing Officer of the Acquired Assets Group department of Asiatrust Bank’s Asset Recovery Sector, was kind enough to send me their list of properties as of November 11, 2009 which I am sharing through this post. Read the rest of this entry