The RCBC Asset Management Group will be having another Mega Property Auction of foreclosed properties located in Metro Manila and North and South Luzon. This will be held on June 25, 2011, Saturday, 9:00am, at the at the L.S. Virata Hall, 2nd Floor, Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines.

Yes, this auction will be held at the same time and venue of the RCBC Savings Bank Dream Buys Auction, which means this is a joint auction of RCBC Savings Bank, RCBC, and JPL.

RCBC Auction details

Show money – Php25,000 show money is required per property in the form of cash or manager’s check or MC.

Payment terms – Aside from cash, properties can also be acquired for as low as 10% downpayment, with the balance payable in 10 years, at a fixed interest rate.

Brokers / referrors – Brokers / referrors are welcome and are entitled to receive commission.

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 of the 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 refer to the auction announcement below for more details.

Download the complete list of RCBC and JPL foreclosed properties

Just click on the thumbnail image below to download a copy of the complete list of RCBC and JPL foreclosed properties for sale in the Mega Property Auction on June 25, 2011.

RCBC Mega foreclosed property auction on June 25, 2011 (click to view/download)

Source: Manila Bulletin, June 19, 2011 issue, page G-5

Interested?

For more details, please call RCBC or JPL directly through the following:

RCBC

• Jeng 878-3436
• Ging 894-9908
• Elma 894-9000 loc 2233
• Conci 894-9000 loc. 3387
• Vanesa 894-9099

JPL ROPA Department

• 043-778-4444 to 49 (Jeff / Zhye)

Happy hunting!

~~~

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: http://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.

PS. Facing foreclosure? Tired of being a landlord? Need to liquidate your proprty because you need money? Click here to sell your property fast!

Mega Property Auction of RCBC foreclosed properties slated on June 25, 2011 is a post from: Foreclosure Investing Philippines

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My wife Cherry continues from her recent post by sharing listings of acquired assets which she recently got from the Acquired Assets Division of China Banking Corporation.

In my research to find our new house, I have gone through the Chinabank acquired assets listing in our site. I inquired about a property in the May to June 2009 listing which we posted in July. It was still available! Just goes to show that just because the listing is already old, it doesn’t mean that all properties there have already been sold. The Asset Management people gave me an updated list of their foreclosed properties in Excel, which I am now sharing to you.

Click on this link for the Chinabank listing of Metro Manila Acquired assets.

I was also informed that they have a new listing in magazine format. I had planned to go to the Chinabank office in Paseo which is near my office, but now there’s no need as I found a PDF copy in their website.

Click on this link for the Chinabank Real Deals October-December 2009 magazine

They also sent me updated listings of Chinabank acquired assets under their “20-0-8″ promo and their provincial acquired assets listings which you can download below. The acquired assets included in Chinabank’s “20-0-8″ promo can be purchased for as little as 20% downpayment, at 0% interest, and with the 80% balance payable in 8 years. Cash discounts await cash buyers!

Click here to download the Chinabank “20-0-8″ acquired assets listing.

Click here to download the Chinabank provincial acquired assets listing.

All these acquired assets are available for negotiated sale and I am also sharing a copy of their Offer To Buy form and their Customer Information File form which you need to accomplish to submit your offers. You may download these forms below:

Click here to download a copy of Chinabank’s Offer To Buy form

Click here to download a copy of Chinabank’s Customer Information File form

I took my chances when I reviewed my husband’s past post on the Ultimate List of Bank Websites, and lo and behold, the Chinabank site was updated! There are other bank websites which have updated listings too! So I would advise that you check them every now and then. And don’t be shy to call their Asset Management Departments. They will be more than glad to help you out and give you their listings.

Happy investing!

Cherry Castillo

Cherry is my wife. She is a certified public accountant (CPA) and lawyer.

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My vision – financial freedom for all!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in  twitter: http://twitter.com/jay_castillo
Become a Fan in Facebook: Foreclosure Philippines fan page

Text by Jay and Cherry Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PPS. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

Chinabank updated listings of acquired assets as of November 11, 2009 is a post from: Foreclosure Investing Philippines

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