Your online resource for investing in foreclosed properties in the Philippines. Find bank listings of foreclosed properties, public auction schedules, and real estate investing tips.
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The Philippine National Bank Special Assets Management Sector (PNB-SAMS) invites everyone to a public sealed bidding of Prime Properties on March 5, 2010, Friday, at the 9th floor of the PNB Financial Center, President Diosdado Macapagal Blvd., Pasay City Philippines. The bidding will start promptly at 9:00AM.
Today, I am posting the PNB Asset Gazette for January 2010 which features just some of the prime foreclosed properties for sale in their first public sealed bidding scheduled this year. According to the Asset Gazette, the Philippine National Bank-Special Assets Management Sector or PNB-SAMS has slated 10 public sealed biddings for the year 2010. The first of these will be on January 29, 2010 and you can read more about it in my previous post: PNB to sell prime foreclosed properties through public sealed bidding.
7 of the 47 foreclosed properties that are up for sale through sealed bidding on the 29th of January are featured in the asset gazette and you will get to see pictures of the properties along with some basic details. Read the rest of this entry
My wife Cherry continues from her recent post by sharing an updated listing of foreclosed properties from Metro Manila which she recently got from Philippine National Bank’s Special Assets Management Group.
You may recall that we posted last November 17, 2009, the list of acquired assets of PNB for Metro Manila, which was updated as of September 30, 2009. I had actually received the listings through e-mail last November 11, 2009 but my husband was not able to post them immediately, which is why we are posting this update. Read the rest of this entry
I’m sure a lot of you out there have been patiently waiting for new listings of foreclosed properties and here is a bunch from Philippine National Bank (PNB). My wife got these foreclosed property listings after she requested for them through e-mail.
Don’t forget to use as reference the “title id number” of the property that you wish to inquire. Furthermore, the people from PNB requests interested parties to prioritize a maximum of 5 properties per inquiry.
Before anything else, here are the guidelines in acquiring foreclosed properties from PNB: Read the rest of this entry
I was supposed to attend the pre-bidding conference for this auction last September 8, 2009 to learn more about how the Special Assets Management Sector of Philippine National Bank (PNB) conducts public sealed biddings but the plan got cancelled due to a prior engagement at the office that got extended. Anyway, I also failed to post this listing sooner and I apologize for the short notice.
Take note that this sealed bidding is scheduled for tomorrow, September 11, 2009 and is to be held in Manila, Luzon, Visayas, and Mindanao. Read the rest of this entry
The Philippine National Bank – Special Assets Management Sector shall be holding a public auction of foreclosed properties on September 3, 2009, Thursday, 2:00pm, at the Ritz Tower de Leyte, Real Street, Tacloban City, Leyte, Philippines. The Properties for auction are from Samar, Leyte, Cebu, and Bohol.
According to the property listing which I received through e-mail, foreclosed properties are available at up to 30% discount*, for as low as 8% interest rates*, and with payment terms up to 10 years.
I would like to share this e-mail which includes some of the prime foreclosed properties included in Philippine National Bank’s Prime Properties for public sealed bidding which is scheduled on August 7, 2009. I was supposed to get more details from PNB but since the public sealed bidding is just a few days away, I thought it would be best to post this here immediately to give ample time to interested parties to do proper due diligence and visit the foreclosed properties.
I would like to share with everyone Philippine National Bank’s Asset Gazette For July 2009 which features properties that are for public auction on August 20, 2009. This public auction of acquired assets shall be held at the La Parilla Hotel in Cabanatuan City, Nueva Ecija, Philippines. The Asset Gazette is a monthly publication of the Special Assets Management Sector (SAMS) of the Philippine National Bank (PNB).
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