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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.

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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