As mentioned in my recent post about PNB’s Asset Gazette for January 2010, Property Forum Philippines will be conducting a series of “New Moon” auctions of foreclosed properties that coincide with the actual dates of the “New Moon”. This particular auction will be held on February 13, 2010, at Max’s Restaurant, Jupiter St., Makati City, Philippines. Registration starts at 8:00am and the auction proper starts at 9:00am. Read the rest of this entry

Did your car get flooded at the height of Typhoon Ondoy (International codename: Ketsana) or Typhoon Pepeng (International codename: Parma) and now you’re still waiting for advice when it can be brought in for repair? What if your car was already under repair but it turns out you will have to wait for several months for spare parts like a computer box for example to become available? Maybe it’s simply too expensive to have the flood damage to your car repaired because your car insurance doesn’t cover Acts of God or flood damage?

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Pardon me if I may have been bombarding you with a lot of listings of repossessed cars for sale from a number of banks lately. It just so happens that a bunch of them came out this week and the deadlines for the submission of bids are already next week so I really need to post them here quickly. I’m also quite sure that there are lots of people out there searching for bargain second hand used cars and I really hope that by posting these listings of repossessed cars here, I am able to help in my own little way.

Anyway, this is the last one I will post (for now) as this is the last one remaining. This list of repossessed vehicles is from United Coconut Planter’s Bank (UCPB). Read the rest of this entry

After asking for a copy of the auction guidelines, I received instead a copy of the CONDITIONS OF SALE for the UCPB auction of foreclosed properties on November 29, 2008. I advice interested bidders to carefully read all the provisions in the CONDITIONS OF SALE which I pasted below prior to the auction date.

It would be better to read this now and raise any questions you may have prior to the auction right? Read on…

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UCPB’s most awaited public auction will be held on November 29, 2008 at 11th Floor, UCPB Bldg., 7907 Makati Avenue, Makati City, Philippines.

10% Downpayment

11% Interest

10 Years to pay

Click here to download the UCPB Listing of foreclosed properties for public auction.

Show Money is Php25,000.00 per property

Happy Hunting!