July 25, 2011 is the last day of submission of bids for this batch of repossessed cars for sale from Buena Mano’s Car Bidding Bonanza for the period July 17 – 25, 2011. The nice people from the Buena Mano Marketing group actually sent this to me through e-mail last July 19, 2011 but I only found this today in my inbox.

Yup, today is the last day to submit bids, and yet I am also posting this today. Before you say “Hey Jay, you should have posted this earlier…” please let me say this - I am posting this anyway because I am quite sure that not all of the repossessed cars on the list will get sold, and all you have to do is ask Buena Mano directly to confirm if the car you may be interested in is still available after the sealed bidding.

I am doing this as a public service, so I humbly ask for a little patience and understanding. I continue to post listings of repossessed cars for sale and car auction schedules simply because a lot of people keep asking for them. By the way, repossessed cars can also be referred to as foreclosed cars so they are still relevant content for foreclosurephilippines.com right?

Full disclosure: I am not an accredited broker for the Buena Mano Car Bidding Bonanza

Repossessed cars for sale through sealed bidding

The complete list of Buena Mano repossessed cars for sale through sealed bidding can be accessed below.

>>>Click here to download the July 2011 Buena Mano CAR Bidding BONANZA list of cars for sale<<<

Bidding terms and conditions

Please refer to the terms and conditions as written on the official bid form which can be downloaded below:

>>>2011 Buena Mano Car Bidding Bonanza Official Bid Form<<<

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.

PS. If you are not looking for repossessed cars, don’t worry, I will be posting the next batch of Buena Mano foreclosed properties in the following days.

PPS. It was an awesome experience to attend and be part of the Manila leg of the Money Summit and Wealth Expo 2011! I’ll be sharing some of my insights about the event soon. Please watch for it!

A candid moment with Airick (the emcee of the event), me (laughing my heart out), Will Abriza, and Sha Nacino, during our panel discussion

Buena Mano Car Bidding Bonanza for July 17 – 25, 2011 is a post from: Foreclosure Investing Philippines

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Here’s the latest list of bank repossessed cars for sale from the Buena Mano Car Bidding Bonanza. These second hand and repossessed/foreclosed vehicles may be inspected from May 29 to June 6, 2011 from 8:30am to 5:30pm, excluding Sundays and Holidays. The deadline for the submission of bids will be on June 6, 2011 (refer to the guidelines below). The complete list also includes flooded cars.

Yes, a Starex van (2008 Hyundai Grand Starex VGT Gold 2.5 Diesel A/T) is on the list of repossessed cars for sale. Refer to the Campville list below (Actual unit may vary!)

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The following are the flood damaged cars

* An additional P7,000.00++ will be collected for transfer & registration purposes.

Inquiries

Please transact directly at the Buena Mano Makati Office, G/F The Enterprise Center Tower 2, Paseo de Roxas cor Dela Rosa St, Makati City.

Vicinity maps to stockyards

Here are the addresses and vicinity maps for the Campville and West Avenue stockyards

Guidelines:

1. Sealed bidding (OFFICIAL BID FORM FORMAT ONLY). Highest bidder wins and only winning bidders will be notified. The Bank reserves the right to reject any and all offers and to accept the most advantageous bid at the Bank’s sole discretion. E-mail Address and/or Cell Phone number are necessary data which should be contained on the submitted Bid Form. The telephone numbers provided should be where bidder/s can be readily contacted.
2. Drop sealed bids in our designated bid box located at: BPI Property Sales and Leases Office Ground Floor, The Enterprise Center Tower 2 Paseo de Roxas cor. Dela Rosa Streets, Makati City.
3. Bid Forms (available at the above mentioned stockyards, PSLD office, and below) should be filled out legibly and completely. Illegible and incomplete forms will be disqualified.
4. The vehicles may be inspected at the above given addresses from May 29 to June 6, 2011 from 8:30 am to 5:30 pm only except Sundays and Holidays. Units are sold on “AS IS-WHERE IS” basis. Transfer of ownership of sold vehicle/s and update of LTO registration, inclusive of expenses, are for the account of the buyer.
5. Deadline for submission of Bid/s is on June 6, 2011, cut – off time is 5:30 PM. Opening of bids will be on June 7, 2011 at 9:30 AM.
6. Payment must be made within 48 hours from notification, failure of which will result in cancellation of the bid and forfeiture of the Buyer’s option to purchase subject to Management’s discretion.

Downloads

An excel copy of the cars for sale through sealed bidding can be found here: 2011 May-June CAR Bidding Bonanza

You may download a copy of the bid form here: Buena Mano Auto-Chattels Bid Form 2011

Not looking for repossessed cars?

Buena Mano also has real properties and bank acquired assets for sale. Check them out here: Buena Mano properties for sale

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.

Sealed bidding of Buena Mano repossessed cars slated on June 6, 2011 is a post from: Foreclosure Investing Philippines

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Here is the latest list of repossessed cars for sale in Buena Mano’s Car Bidding Bonanza. The deadline for the submission of bids is on July 5, 2010. These second hand vehicles may be inspected at Buena Mano’s stockyards from June 27 to July 5, 2010, from 8:30 am to 5:30 pm, except Sundays and Holidays. Opening of bids will be on July 6, 2010 at 9:30 am.

Please refer to the complete guidelines and list of cars for sale below.

List of bank repossessed cars for sealed bidding:

West Avenue Stockyard
75 West Avenue, Barangay Paltok, Quezon City Tel. 3742800, 3742900 c/o JOE

Campville Stockyard
Km 23 East Service Rd. South Superhway Cupang Muntinlupa City Tel. 809-9986 c/o Assony

Click here to download a copy of the list of repossessed cars for sealed bidding

Click here to download a copy of the bid form

GUIDELINES:

1. Sealed bidding (OFFICIAL BID FORM FORMAT ONLY). Highest bidder wins and only winning bidders will be notified. The Bank reserves the right to reject any and all offers and to accept the most advantageous bid at the Bank’s sole discretion. E-mail Address  and/or Cell Phone number are necessary data which should be contained on the submitted Bid Form. The telephone numbers provided should be where bidder/s can be readily contacted.

2. Drop sealed bids in our designated bid box located at: BPI Property Sales and Leases Office Ground Floor, The Center Tower 2 Paseo de Roxas cor. Dela Rosa Streets, Makati City.

3. Bid Forms (available at the above mentioned stockyards and PSLD office) should be filled out legibly and completely. Illegible and incomplete forms will be disqualified.

4. The vehicles may be inspected at the above given addresses from June 27 to July 5, 2010  from 8:30 am to 5:30 pm only except  Sundays and Holidays. Units are sold on “AS IS-WHERE IS” basis. LTO registration are not updated and is for the account of the buyer

5. Deadline for submission of Bid/s is on  July 5,  2010, cut-off time is 5:30 PM. Opening of bids will be on July 6, 2010 at 9:30 AM.

6. Payment must be made within 48 hours from notification, failure of which will result in cancellation of the bid and forfeiture of the Buyer’s option to purchase subject to Management’s discretion.

* An additional P7,000.00++ will be collected for transfer & registration purposes.

Reminders – Please read!

For inquiries specific to any of the repossessed cars on the list, please contact Buena Mano directly and look for Nelson: 816-9962 or Ricky: 816-9955

I really can’t answer questions about any of the repossessed cars on the list. I am just posting this as a public service to readers and subscribers of ForeclosurePhilippines.com

For other questions, please post them through a comment below so that others with the same questions may also benefit from the answers. Thank you.

Happy Hunting!

To our success and financial freedom!

Jay Castillo

Real Estate Investor

Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Follow me in Twitter:http://twitter.com/jay_castillo
Find us in Facebook:Foreclosure Philippines facebook page

Text by Jay Castillo and Cherry Castillo. Copyright © 2010 All rights reserved.

PS. Are you a new visitor? Click here NOW to start learning more about foreclosure investing in the Philippines

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The latest Buena Mano Car Bidding Bonanza runs until July 5, 2010 is a post from: Foreclosure Investing Philippines

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I chanced upon this fairly new list of repossessed cars for sale from EastWest Bank and I am posting it here for everyone. This list of EastWest Bank repossessed cars is updated as of September 14, 2009. I notice this list has quite a big number of second hand cars on it. I just wonder if their warehouse got affected by the recent floods. Anyway, just make sure you do your due diligence prior to submitting any bids. Please refer to the fine print at the bottom of the list.

LIST OF USED VEHICLES FOR SALE
Monday, September 14, 2009

Note: Prices are subject to change without prior notice.
Sale shall be on an AS IS WHERE IS NO GUARANTEE basis.

For more information please call MELISSA ABEL at 830-8781 or via e-mail at MDAbel@eastwestbanker.com.
Viewing Days: Tuesdays to Thursdays during office hours only.
Deadline for the submission of bids is Thursdays at 5:30pm.
OFFICE ADDRESS: 19/F PBCOM Tower 6795 Ayala Avenue cor. Herrera St. Salcedo Village Makati City
WAREHOUSE: Km.14 Edison Avenue Sanford Compound Parañaque
For appointments please contact EDMUND AMOR at (0918) 660-3013.

Source: http://www.eastwestbanker.com/tool/prop4sale_auto.asp

Happy hunting!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor [at] gmail [dot] com

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

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

P.P.S – 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 instead to my RSS Feed.

EastWest Bank repossessed cars for sale as of September 14, 2009 is a post from: Foreclosure Investing Philippines

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I have stumbled upon a new listing of repossessed cars for sale from UnionBank of the Philippines. Unlike my previous post, I am glad to be able to post the list of repossessed cars earlier this time around to give interested buyers enough time to inspect the cars and do their due diligence. The deadline for submission of bids is on Tuesday, September 22, 2009. Actually, the bidding period for these Union bank repossessed cars for sale is from September 14-22, 2009.

Bid forms are available at Unionbank ARG, 20th floor, Unionbank Plaza, Meralco Avenue corner Onyx Street, Ortigas Center, Pasig City. These second hand foreclosed cars are available for inspection at the Unionbank Warehouse located at 185 Roosevelt Avenue, San Francisco Del Monte, Quezon City (in front of Watch Tower).   For more details, you may call Babes through Tel# 638-0113 or 667-6388 loc. 8370.

Please refer to the invitation to bid below for UnionBank’s repossessed vehicles.

(Source: Manila Bulletin Classified ads, September 13,2009 issue)

You may also check Unionbank’s website for updates through the following link : https://www.unionbankph.com/index.php?option=com_content&view=article&id=1039&Itemid=248 (Just click on the link for second hand vehicles) I have just checked and it still contains an outdated listing of repossessed cars for bidding last July 2009.

Good luck and happy hunting!

—

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

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

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

P.P.S – If you liked this post, 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 instead to my RSS Feed.

UnionBank repossessed cars for sealed bidding is a post from: Foreclosure Investing 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.

Great Deals On Used Wheels Pre-owned car sale
Inspection of the second hand cars for sale can be done at their Pasig warehouse which is located at #8516 A. Sandoval Avenue, Pinagbuhatan, Pasig City, Philippines. For inquiries, you may call Rene Lopez through cell phone # 0918-9903626 or 687-0839 / 687-1365 / 638-5032 / 687-5430 loc 4382 during office hours and look for Che, Cris, or Raul. Financing is available. For financing inquiries, call Rico: 09189051911 / Allan: 634-5173 / Daniel: 09189903805.

It appears the repossessed cars on the list are the remaining unsold second hand vehicles on their previous listing.

Click here to download the list of repossessed cars for sale in RCBC’s Great Deals On Used Wheels Pre-Owned car sale.

Dream Buys Car Auction Pampanga
RCBC’s San Fernando, Pampanga warehouse is located at Barangay San Agustin, San Fernando, Pampanga. Inspection of the repossessed cars for sale can be done from September 14 to 17, 2009, during office hours.  Registration fee is Php5,000 per unit and is refundable. For inquiries call (045)961-2995 / 961-1339 / 963-7457 or Lawrence Loanzon: 045 9630933.

Click here to download the list of repossessed cars for sale in RCBC’s Dream Buys Car Auction in Pampanga.

*Misprints should not be construed as misrepresentation of the property. All transactions are subject to bank approval. The bank reserves the right to withdraw any property for whatever reason.

Happy hunting!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

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

P.S. – If you are new here and want to become an investor, please start here to learn more about foreclosure investing in the Philippines.

P.P.S – If you have found any value in this post, 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 instead to my RSS Feed.

RCBC Savings Bank repossessed cars for sale is a post from: Foreclosure Investing Philippines

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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.

Registration fee is Php5,000.00 per unit and is refundable.

For inquiries, please call Cris and Che through the following Telephone No”s during office hours:

• 687-0839
• 687-1365
• 6385032
• 687-5430 loc. 4382

Or call Rene Lopez: 0918-9903626

Click here to download the listing of bank repossessed cars in RCBC Savings Bank’s Dream Buys Car Auction.

The fine print

Misprints should not be construed as a misrepresentation of the property. All transactions are subject to bank approval. The bank reserves the right to withdraw any property for whatever reason.

What repossessed cars did I find interesting on the list? Well, I have a bias for Hyundai cars as I currently own a Hyundai Getz. On the list I can see that there is a 2008 Hyundai i10 with a minimum bid price of Php425K. FYI, just like my car, the i10 has a 5 year warranty, and if it is still valid, then I suppose that would make it worth looking into right?

The 2008 Hyundai i10 (not actual unit)

For Honda fans out there, a 2008 Honda Civic 1.8V is also available with a minimum bid price of Php637K.

The 2008 Honda Civic (not actual unit)

Don’t forget to bring along your trusted mechanics when inspecting these bank repossessed cars.

Happy Hunting!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

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

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

P.P.S – If you liked this post, 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 instead to my RSS Feed.

Buy bank reposessed cars at RCBC Savings Bank’s Dream Buys Car Auction is a post from: Foreclosure Investing Philippines

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I recently found this invitation to bid for repossessed cars from Unionbank and I am sharing it here. I guess this was what my father-in-law was referring to when he said a BMW was being sold by Unionbank where he is a consultant. If you will notice, a BMW 120D with automatic transmission is part of the list of repossessed cars for sale. No, my wife and I have no plans of buying a BMW! I guess the topic came up in our converstaion when we remembered about the bridal car we used in our wedding 5 years ago which was an old BMW 325i.

A similar 2008 BMW 120D. Image from http://www.autoindustriya.com/tested/id/123/

For those interested, inspections can be done at the Unionbank Warehouse at 185 Roosevelt Avenue, San Francisco Del Monte, Quezon City (in front of Watch Tower). Bid forms are available at Unionbank ARG, 20th floor, Unionbank Plaza, Meralco Avenue corner Onyx Street, Ortigas Center, Pasig City.

Bids for the repossessed cars should be submitted together with Php5,000 (in the form of a Manager’s Check) at the above address not later than September 8, 2009. For more details, you may call Babes through Tel# 638-0113 or 667-6388 loc. 8370.

I should have posted this earlier to give ample time for inspections for those interested but I only found this today. Anyway, with Malacañang’s declaration of September 7 as a national day of mourning for the late Iglesia ni Cristo (INC) leader Bro. Eraño ‘Ka Erdie’ Manalo, interested bidders can have the whole of Monday before the deadline of submission of bids to inspect any of the repossessed cars, that is assuming that inspections will be allowed even if September 7  is a non-working holiday. Better call them up before going to their warehouse, just to be sure.

Do take note that in most cases, test driving the repossessed cars are not allowed. You may however start the car, change gears, etc. to get a feel of how the car runs, without actually driving it. Make sure you bring along a trusted mechanic with you when you do your inspections.

I also checked Unionbank’s website through the following link : https://www.unionbankph.com/index.php?option=com_content&view=article&id=1039&Itemid=248 (Just click on the link for second hand vehicles) and found an outdated listing of repossessed cars instead.

Click here to download the invitation to bid for Unionbank repossessed cars.

(Source: MANILA-BULLETIN-CLASSIFIED ADS-SEP-3-2009-PAGE-8)

Not interested in foreclosed cars? If you are looking for foreclosed real estate, don’t worry, I also have new listings of foreclosed properties from Unionbank and BPI and I will post them next!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

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

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

P.P.S – If you liked this post, 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 instead to my RSS Feed.

Invitation to bid for Unionbank repossessed cars is a post from: Foreclosure Investing Philippines

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I attended the 3rd Philippine Real Estate Festival last July 24, 2009 and one of the banks that I found as a participant in the event was Chinabank. I was able to get a copy of their “Real Deals” publication which features hundreds of residential, commercial, and industrial properties for sale at below market values (as written on the front page). Aside from foreclosed properties, the Volume 1 May – June 2009 issue of Real Deals also features good condition second hand vehicles/bank repossessed cars. I am posting a copy of the publication here for the benefit of those who were not able to attend the Philippine Real Estate Festival.

The acquired assets featured in the Real Deals publication of Chinabank are from Las Pinas, Makati, Malabon, Mandaluyong, Manila Muntinlupa, Paranaque, Pasig, Quezon City, Valenzuela, Ilocos Norte, Pangasinan, Cagayan, Bulacan, Nueva Ecija, Pampanga, Batangas, Cavite, Laguna, Rizal, Albay, Camarines Sur, Capiz, Negros Occidental, Cebu, Leyte, Agusan Del Norte, Bukidnon, Misamis Oriental, and South Cotabato.

The repossessed cars included in the publication are described as good condition second hand vehicles. These pre-owned and foreclosed cars are currently parked at their warehouse located at No. 1 Shaw Boulevard corner Haig Street Kalentong, Mandaluyong City and at the China Bank Head Office parking area at Paseo De Roxas corner Villar Street, Makati City.

An OFFER TO BUY form is also included in the publication which interested buyers should use to submit offers. This implies that the properties are for negotiated sale. I can only speculate at the moment as I have not yet tried to submit any offers to Chinabank as of this writing.

Installment mode of payment is available where 30% downpayment is required, while the 70% balance is payable for a maximum of five (5) years, and interest rates are at 11.25% for years 1 to 3 and at 12.25% for years 4 and 5.   For more details, please refer to the last page of the publication which states the GENERAL REQUIREMENTS. Brokers are also welcome!

Click here to download Chinabank’s Real Deals Volume 1, May – June 2009. (Source: Chinabank booth, 3rd Philippine Real Estate Festival)

For inquiries, interested parties may  call the China Bank Acquired Assets Division at: 885-5725 / 885-5739 / 885-5318 /885-5723 / 885-5706.

You may also visit their website: http://www.chinabank.ph

*Prices are subject to change without prior notice. Misprints may occur

—–

Happy Hunting!

To our financial freedom!

Jay Castillo
Real Estate Investor
REBL#: 20056
Blog: http://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

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

Chinabank properties for sale at below market value! is a post from: Foreclosure Investing Philippines

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