Home » Foreclosed Properties » 235th UnionBank Auction Slated on June 28, 2015 (Luzon Foreclosed Properties & Repossessed Cars)

235th UnionBank Auction Slated on June 28, 2015 (Luzon Foreclosed Properties & Repossessed Cars)

The 235th Special Public Auction of UnionBank foreclosed properties shall take place on June 28, 2015, Sunday, 9:00am, at the UBP JACOB WAREHOUSE (Warehouse No. 2), Pasacola Road, Brgy. Nagkaisang Nayon, Novaliches District, Quezon City. This auction includes foreclosed properties from Luzon (includes Metro Manila and brand new Amalfi houses and lots), and repossessed cars. Auction details below.

As usual, the first auction starts at 9:00am and includes Metro Manila and Luzon foreclosed properties.

The second auction follows immediately and features the brand new AMALFI house and lots located at The Islands, Dasmarinas Cavite.

Auction for repossessed cars

There will also be a third auction which includes pre-owned vehicles/repossessed cars. I believe this is the reason why the auction will be held at their Novaliches warehouse, which stores their repossessed vehicles. Here’s a vicinity map to the venue (click to enlarge):

unionbank-jacob-warehouse-novaliches-quezon-city

For more details, please contact Unionbank directly.

Download the list of UnionBank foreclosed properties and view other details

To access the complete listing of Unionbank foreclosed properties and to view other details like payment terms, minimum downpayment required, interest rates, etc., just visit the following page:

UnionBank Foreclosed Properties Auction Listings (Metro Manila/Luzon/Amalfi/Repossessed Cars)

Source: Ronald Panganiban, Asset Recovery Officer – Union Bank of the Philippines

Note: Only bidders with the required show money of Php20,000 (cash or Manager’s Check) will be allowed to attend the auction.

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 – 2015 All rights reserved.

Full disclosure: Nothing to disclose, we won’t be able to attend this auction.

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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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Leave a Comment

6 thoughts on “235th UnionBank Auction Slated on June 28, 2015 (Luzon Foreclosed Properties & Repossessed Cars)”

  1. Hi sir jay, just wanted to know if it’s your 1st time attend an auction like this one, and you have the P20k show money, are you required to make a bid? It is ok to be there and just observe on how they do the bidding?

    Thank you,
    Sally

    Reply
  2. Hi sir Jay! I would like to ask regarding the properties that maybe won in this auction, would unionbank give the bidder/ winner to get another loan from another financial institution?

    And can the interest rate be lower in case the winner just want the loan to be 10 years?

    I hope you have experience with them. And i hope you can help. Thank you!

    Reply
  3. Greetings sir Jay,

    Thank you for this info. Would just like to clarify the schedule. Is this on the 27th of June (Sat) or 28th of Jun (Sun)?

    Thanks and regards! 🙂

    Reply
    • Hi Joseph! Ooops, thanks for catching that! June 28 is correct but it should be Sunday, not Saturday (I already corrected it). Thanks again!

      Reply
  4. Hi Mr. Jay, I dont know if my comments today fit in to your topics. But I like to let you know that I had my TCT transfer , and I think OMNI is going to do a real good job.. as you recommended in earlier topics, thanks Mr. Jay.

    Reply

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