RCBC foreclosed properties will go on sale through public auction on February 4, 2012, Saturday, 9:00am, at the 6th Floor, Development Academy of the Philippines Building, San Miguel Avenue, Pasig City, Philippines. Yes, this will be conducted at the same time and venue of the RCBC Savings Bank Dream Buys auction.
According to the auction listing, they will also include foreclosed properties from the President Jose P. Laurel Bank or JPL.
Properties included in this auction are from the Metro Manila, North Luzon, and South Luzon areas, and includes about seventy seven (77) properties.
Here are some reminders:
Brokers/referrors are entitled to receive a commission
Properties can be purchased for as low as 10% Downpayment, Balance payable in 10 years, FIXED INTEREST RATE
P25,000.00 SHOW MONEY PER PROPERTY, CASH OR MC
Download the complete listing of RCBC foreclosed properties
The complete list of RCBC foreclosed properties included in the Mega Property Auction on February 4, 2012 can be viewed or downloaded by clicking on the image below.
Update: The most updated list of RCBC foreclosed properties can be found on this page:
The “fine print”
ALL PROPERTIES ARE ON AN “AS IS WHERE IS BASIS”. PROPERTIES AND PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. THE BANK RESERVES THE RIGHT TO WITHDRAW ANY PROPERTY BEFORE THE AUCTION. INADVERTENT MISPRINTS SHALL NOT ALTER THE PROPERTY’S FACTUAL CONDITION NOR SHALL THEY BE DEEMED AS MISREPRESENTATION OF THE PROPERTY. PLEASE CONFIRM ATTENDANCE TO ENSURE SEATS AND PARKING.
Please take note that properties that have an asterisk (*) are:
Properties with legal impediments / occupancy issue
To our success and financial freedom!
Real Estate Investor
PRC Real Estate Broker License No. 3194
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.
Full disclosure: If you need a broker to assist you during the auction, I can act as your referring broker and this would entitle me to a broker’s commission. If you need anything, just let me know by leaving a comment below.