UnionBank Foreclosed Properties Auction Schedules And Listings (2015)

Updated on July 24, 2015 by

Unionbank foreclosed property auctionUnionBank of the Philippines usually conducts two auctions per month. The Metro Manila/Luzon Auction usually includes the brand new AMALFI house and lots located in Dasmarinas Cavite, while properties from the Visayas and Mindanao areas are included in a separate auction.

Updated auction schedules, venues, complete listings, auction terms, sample computations, and contact details can be found below.

UnionBank foreclosed properties auctions and listings

Metro Manila, Luzon, and Amalfi Houses and Lots

The 237th special public auction of UnionBank foreclosed properties located in Metro Manila and Luzon will be held on July 25, 2015.

The complete list is ready for download below. Just click on download button below…

Complete Listing – 237th Unionbank foreclosed properties auction (July 25, 2015) (PDF)

Brand new house and lots located at the Amalfi in Dasmarinas Cavite are still available. To view more pictures of the Amalfi house and lots, please click on the links below:

AMALFI HOUSE AND LOTS (Dasmarinas, Cavite) w/ pictures

Repossessed cars

The list we have right now is for the July 27, 2015 bidding, which you can download below.

Unionbank repossessed cars for sale (July 27, 2015 bidding)

To get more details, please call: (02) 667-6388 local 8370 (BABES) / 8375 (DENIS)

Visayas and Mindanao Auctions

The 236th special public auction of UnionBank foreclosed properties located in the Visayas and Mindanao areas shall be held on July 25, 2015.

The complete list of foreclosed properties included in is ready for download below. Just click on the button below to download:

236th-UnionBank-Foreclosed-Properties-Visayas-Mindanao (July 25, 2015) – PDF

Auction terms

UnionBank still offers very affordable payment terms as follows:

    • Cash purchases will get a 5% discount (terms and conditions apply)!
    • Installment terms are as follows:
Downpayment:10% (minimum) 6 months to pay at zero-interest
Interest:11% per annum (fixed for 15 years)
Term:15 years (maximum) thru in-house guaranteed financing

*Still no credit checking for residential properties!


Show money

Bidders need to bring Php20,000 show money in the form of cash or manager’s checks (MC) per property to participate in the auction.

Sample computation

SELLING PRICE (SP)= Php1,000,000.00

TERM: 15 years

DOWN PAYMENT (DP) = 10% of SP = Php100,000

Down payment (6 months to pay)

=DP/6 months


Down payment per month:

  • 1st month: Php16,666.67
  • 2nd month: Php16,666.67
  • 3rd month: Php16,666.67
  • 4th month: Php16,666.67
  • 5th month: Php16,666.67
  • 6th month: Php16,666.67

Monthy Amortization

Monthly amortization = (SP – DP) x Amortization Factor Rate

=(Php1,000,000 – Php100,000) x 0.0113659693*


*note: amortization factor rate used is for 11% interest rate at 15 year term (click here to view amortization factor rate table)

You may also use our mortgage calculator to compute for the monthly amortizations.


check– Properties at reduced prices


– Brand new


 – Properties that are still in the process of consolidation, which means the titles are still in the process of being transferred to the bank.

How to inquire

For prompt assistance when inquiring about any of the foreclosed properties on the list, please call UnionBank directly through the following:

  • Mobile Nos: 0920-96 ASSET (27738) / 0917-81 ASSET (27738) / 0932-88 ASSET (27738)
  • Landlines: 637-1445/ 638-0125 / 637-1441/ 636-6359
  • Trunkline: 667-6388 locals 8372 (Ronald) / 8376 (Jenny) / 8371 (Marlon) / 8373 (Ela) / 8362 (Nhovee) / 8349 (Ross) / 8364 (Angel) / 8358 (Doris) / 8374 (Gel)

*Note: Please call during office hours: 8:30am to 5:30pm (Monday to Friday)

The “fine print”

Commercial properties are subject to credit approval

CWT is for the account of the buyer

The sale is on an “as is where is” basis

Misprints are not misrepresentation of any property

UnionBank may, at anytime, withdraw any of the properties listed above prior to auction

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194
Blog: http://www.foreclosurephilippines.com
Connect with usSubscribeFacebook | Twitter | Google +

Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2013 All rights reserved.

Full disclosure: If a buyer will acknowledge me as their broker/referror, I may receive referral fees (at no additional cost to the buyer). Thank you in advance for supporting our hard work and this website.