171st UnionBank foreclosed properties auction (Luzon) slated on June 25, 2011

UnionBank foreclosed properties from the Metro Manila and Luzon areas are again up for grabs in their 171st special public auction to be held this June 25, 2011, Saturday, 9:00am, at the 29th Floor UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. Interest bidders are reminded to come early.

The foreclosed properties included in the auction consists of residential lots, house and lots, townhouses, condominium units, residential buildings, commercial lots, industrial lots, agricultural lots, commercial space, and industrial / commercial warehouses, and a multi-door apartment.

Auction details

Interested bidders only need to bring bring Php20,000 show money in the form of cash or manager’s check to bid per property.

UnionBank offers a 5% discount on cash sales. Installment terms are also available as follows:

Downpayment: 10%
Interest: 13% p.a. fixed for the first 3 years and
15% p.a. fixed for the next 12 years
Term: 15 yrs. (maximum) thru in-house guaranteed financing

Creditable Withholding Tax (CWT) is for the account of the buyer.

Just like all foreclosed property auctions, the properties are for sale on an “as is where is” basis.

Misprints are not misrepresentation of any property.

List of UnionBank Foreclosed properties for sale

Just click on the image below to view the list of foreclosed properties for sale on the 171st Special Public Auction of UnionBank on June 25, 2011.


Click here to view the list of properties with pictures!

Source: Lance Yadao of UnionBank



To inquire about any of the foreclosed properties for sale, please contact UnionBank directly through the following:

LANCE 637-1445 or 667-6388 local 8362
ERIQ 638-1445 or 667-6388 local 8373
DORIS 638-0125 or 667-6388 local 8358
MARK 667-6388 local 8349
RAP 667-6388 local 8364
RONALD 637-1445 or 667-6388 local 8372
OYO 667-6388 local 8369
GEL 667-6388 local 8374

You may also send an e-mail to esbabas@unionbankph.com

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: https://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.

2 thoughts on “171st UnionBank foreclosed properties auction (Luzon) slated on June 25, 2011”

  1. Hi, Mr. Ronald!

    Good day!

    We put “NO CREDIT CHECKING” in our flyers and advertisements because we REALLY do not conducted one.

    All of the terms are fully disclosed and we are sure that we mean what is written in our ads.

    We want to invite you to our Special Public Auction for you to know more about our properties. Just contact me at 637-1445 or 667-6388 local 8362 if you have further clarification and if you need my assistance.

    Thank you and happy ASSET Investing!

  2. Ronald Cagape

    Interesting. In the advert, they actually say “No Credit Checking”. Do they really do that or is that just an marketing gimmick?

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