More than a hundred foreclosed properties are set to be sold through public auction in the upcoming Mega Property Auction of RCBC and RCBC Savings Bank. This auction of foreclosed condos, house and lots, townhouses, and other types of real estate will happen on February 27, 2010, Saturday, 9:00AM, at the Podium 4 Lobby, RCBC Plaza, Ayala Avenue corner Buendia Avenue, Makati City, Philippines.

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A public auction of foreclosed properties will be conducted by RCBC Savings Bank in their latest Dream Buys Auction which shall be held on December 5, 2009, 9:00AM, at the Development Academy of the Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines. Read the rest of this entry

RCBC Savings Bank is having another pre-owned Car Sale through their latest Great Deals on Used Wheels promo. The pre-owned car sale runs from November 9 to 13, 2009. Bank financing is available for the bank repossessed cars and they can be purchased for as little as 20% down payment, and at low interest rates. For financing inquiries, please call Rico: 09189051911 / Allan: 634-5173 / Daniel: 09189903805.

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RCBC Savings Bank shall be having another Dream Buys Car Auction of repossessed cars on November 4, 2009, 1:00PM, at the 18th Floor, Unit 1806-A Tektite Bldg. West Tower, Ortigas. The auction of the various bank repossessed cars shall be done through sealed bidding.

Inspection of the foreclosed cars can be done at the Pasig Warehouse located at 8516 A. Sandoval Ave., Pinagbuhatan, Pasig City and at the Metallim warehouse located at B-95 T. Arguelles cor. G. Araneta Ave. Brgy. Dona Imelda, Quezon City. Inspection dates are on November 2 and 3, 2009, during office hours.

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This auction announcement of RCBC Savings Bank repossessed houses fell through the cracks, so to speak. I thought my recent post about the public sealed bidding for PNB and Allied Bank acquired assets was the last one but it turns out that there was one more public auction announcement that I have not yet posted and this is it. Again, I apologize for not posting this earlier. Take note that the auction is to be held tomorrow already, September 26, 2009, at 9:00 AM.

The RCBC Savings Bank Dream Buys Auction shall be held at the Development Academy of the Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines.

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RCBC Savings Bank has just released new listings of repossessed cars in their Great Deals On Used Wheels Pre-owned Cars Sale in Pasig City and their Dream Buys Car Auction in San Fernando, Pampanga.  The Great Deals On Used Wheels Car Sale runs from September 13 to 18, 2009 at their Pasig Warehouse while the Dream Buys Car Auction will be held on September 18, 2009, 1 PM, at the RCBC Savings Business Center Dolores San Fernando, Pampanga.

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I’ll keep this short and sweet. I have just found this new listing of repossessed cars from RCBC Savings Bank and I just had to post it immediately because the deadline for submission of bids is on September 9, 2009, 1:00 PM, at the 18th floor, unit 1806-A Tektite Bldg., West Tower, Ortigas Center, Pasig City, Philippines. This auction of repossessed cars is through sealed bidding.

Inspections can be done at their Pasig warehouse which is located at #8516 A. Sandoval Avenue, Pinagbuhatan, Pasig City, Philippines, on September 7 to 8, 2009, during office hours. Read the rest of this entry

I’ve noticed Foreclosure Philippines has been getting a significant number of visitors looking for bank repossessed cars and logs indicate that this has been increasing lately. Rather than disappoint these visitors, I have decided to add a new category of free listings of repossessed cars. Repossessed cars which have been foreclosed by banks form part their inventory of acquired assets for sale so they definitely fit into this site. I’m just glad that I changed this site’s name from Foreclosed Real Estate Philippines to Foreclosure Philippines way back when I migrated to Wordpress. Now, I am not restricted to only foreclosed real estate and can cover all sorts of foreclosures.

Investing in bank repossessed cars is just like investing in foreclosed real estate. The principles are the same. In fact, I know a real estate investor who applies real estate investing techniques to investing in bank repossessed cars. Read the rest of this entry

The latest RCBC Savings Bank Dream Buys Auction will be held on July 25, 2009 (Saturday), 9:00 AM, at the Development Academy of Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines. Good news for all investors – RCBC has again reduced by another 5% the minimum bid price (MBP) for foreclosed properties that were not sold during their previous dream buys auction held last June 27, 2009.

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