Home » Foreclosed Properties » 197th UnionBank Foreclosed Properties Auction Slated On February 23, 2013

197th UnionBank Foreclosed Properties Auction Slated On February 23, 2013

February is turning out to be a very busy month when it comes to foreclosed property auctions, as UnionBank will be having their 197th Special Public Auction on February 23, 2013, Saturday, 9:00am, at the Function Room No. 1, 28th Floor, UnionBank Plaza, Meralco Ave. cor. Onyx Road, Ortigas Center, Pasig City, Philippines.

This auction includes properties from the Luzon, Metro Manila, and the brand new AMALFI house and lots located in Dasmarinas Cavite.

Auction proper starts at exactly 9:00am, so bidders are reminded to come early to register.

Unionbank foreclosed property auction on January 26, 2013
Still at zero-interest for the 10% downpayment (6 months to pay)

Note: This UnionBank auction will be on the same time and day of the 44th RCBC Properties Auction and the Dream Buys Auction of RCBC Savings Bank.

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!

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

Download the UnionBank foreclosed properties listing

You may download the complete list of foreclosed properties included in UnionBank’s 197th special public auction on February 23 2013,  just click on the image below…

unionbank foreclosed properties listing thumbnail
UnionBank foreclosed properties listing for February 23, 2013 auction in PDF format (click to download)

or click on the following link:

Source: Lance Yadao of UnionBank’s Asset Recovery Group

How to inquire

To inquire 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)
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 bidding?

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

We would appreciate it if you can call/text to confirm your attendance so we can reserve a 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
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2013 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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