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
Connect with us – Facebook | Twitter | Blog RSS | Google +
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.
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,
Zaldy
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?
Regards,
LJ
sir jay,
can you please check this ads and please give me some advise?
http://www.sulit.com.ph/index.php/view+classifieds/id/6424599/House+and+Lot+Alta+Homes+Bacoor?event=Search+Ranking%2CPosition%2C1-13%2C13
thanks
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…
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..
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!
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!
Thank you Sir Jay!
You’re welcome Lance, thank you also! I’m also glad to see you no longer have a problem leaving a comment.