126 foreclosed properties up for grabs in 192nd UnionBank public auction on October 20, 2012!

unionbank foreclosed properties

The 192nd Special Public Auction of UnionBank foreclosed properties (Luzon and Metro Manila) will be held on October 20, 2012, Saturday, 9:00am, at the 29th Flr. UnionBank Plaza, Meralco Ave. cor. Onyx Rd., Ortigas Ctr. Pasig City, Philippines.

Auction participants are reminded to come early to have enough time to register as the auction starts promptly, and are know to be finished in about 45 minutes.

Interested bidders only need to bring PHP 20,000 show money in the form of cash or manager’s check (payee is UnionBank) to qualify to bid, per property.

UnionBank still offers 5% discount on cash sales and probably the most affordable *credit terms 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!

Download the UnionBank foreclosed properties listing

You can download the list of foreclosed properties included in UnionBank’s 192nd special public auction on October 20, 2012, just click on the image below…

or click on the following link to download the list:

Source: Lance Yadao, Asset Recovery Officer, UnionBank

How to request for more details

To know more about the foreclosed properties for sale, please *call UnionBank directly through the following:

Mobile Nos. 0920-96 ASSET (27738) / 0917-81 ASSET (27738)
LANCE 637-1445 or 667-6388 local 8362
ERIQ 638-1445 or 667-6388 local 8373
DORIS 638-0125 or 667-6388 local 8358
RAP 667-6388 local 8364
RONALD 637-1445 or 667-6388 local 8372
GEL 667-6388 local 8374
JENNY 637-1441 / 667-6388 local 8376
MARLON 667-6388 local 8371

*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


Are you attending?

If you are attending the auction to bid on a property, and you learned about the property from www.foreclosurephilippines.com, kindly acknowledge me as your referror during the auction.

By the way, if you have confirmed with the bank and/or myself that you will be attending the auction, but would not be able to make it on the day for whatever reason, we would appreciate it if you can call/text us so we won’t have to hold your seat for you during the auction. Thank you.

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

Full disclosure: If a buyer will acknowledge me as their 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.

Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.

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9 thoughts on “126 foreclosed properties up for grabs in 192nd UnionBank public auction on October 20, 2012!”

  1. Rizaldy A. Cueto

    Hi Sir Jay,

    Thank you for putting up this wonderful tool on the net. I hope you could contribute more to many novices like me.

    Happy serving,


  2. Lord John Tejano

    Hi Sir Jay,

    Pano at kelan po ang payment ng CWT nitong Unionbank properties pag pinili yung 15yrs loan nila? E pano po pag loan take-out?


    1. Hi Rodel, I couldn’t read the documents in the advertisement, I’m also not that familiar with Bacoor, but the price and terms sound okay, but of course you have to verify everything as part of due diligence. Let me know how I can help you further…

      1. thank you sir jay… may mga hindi lang po ako maintindihan kasi po based dun sa nabasa ko pong article din dito sa blog nyo after ng terms hindi pa din sakin ung house tama po ba?.. dahil po sa isang line na “option to purchase” bakit need ko pa po bilhin ulit ung house po?.. God Bless po..

  3. Hi Sir Jay. First, I want to thank you for putting up this site to help out fellow and would be real estate investors. I’m very new with investing and just started doing it with stocks and mutual funds. I started learning about investing while reading Rich Dad Poor Dad by Robert T Kiyosaki. I haven’t finished reading because every time I stumble on a new type of investing, I immediately research on it to find out if I will be able to handle it. My latest is the tax lean certificate which brought me to your site. I’ve been reading several articles since yesterday (which are really informative, by the way) and wanted to learn more. I saw that there’s an upcoming Unionbank auction on October 20, 2012 and I would like to know how I can register as an observer (if there’s an observer registration). I thought that before I try doing it, better see how experts do it.=)

    Thanks again for putting this great site and keep up the good work!

    1. Hi Raymund, you’re welcome and thank you also for the kind words. You can just call up UnionBank to let them know you are coming (so they can reserve a seat for you) as an observer and you are with me. See you at the auction!

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