This Bank of Commerce foreclosed property is for negotiated sale (no need to go through a public auction), and comes from their Q4-2020 Pricelist. More details below.
Note: This property has no price because it is for “For re-appraisal”
- Property source: Bank of Commerce
- Property description: VACANT LOT
- Property location: LOT 18420-E, BRGY. PADANG, LEGAZPI CITY
- TCT/CCT No: (P) 592
- Lot Area (sqm): 8,729.00
- Floor Area (sqm):
- Indicative Price (PHP): For re-appraisal
- Remarks: Note: This property has no price because it is for “For re-appraisal”
The foreclosed properties from Bank of Commerce are for negotiated sale. This means that interested parties only need to submit their offers. There will only be a bidding if a property receives multiple offers. More details can be found in their reminders below.
1) All sales on “AS-IS, WHERE-IS” and “NO RECOURSE” bases. No warranties.
2) Prices NOT applicable to buybacks by former owners. Please contact Acquired Assets Management Department for buyback price.
3) Properties & prices subject to change anytime & may be removed from the list for any reason Top Management deems appropriate.
4) The list may reflect properties sold without the knowledge of AAMD. For immediate correction, kindly advise AAMD of such fact if identified.
5) If multiple offers are received for the same property, a bidding shall be conducted and the property shall be awarded to the highest bidder.
6) Mere submission of an Offer to Purchase does not confer “first option” or “first right” to the offeror.
7) The deficiencies stated herein are not meant to be exhaustive, comprehensive or complete. Buyers are advised to conduct their own due diligence prior to making an offer.
8) The Bank only shoulders Creditable Withholding Tax up to purchase price. Excess CWT are for buyer’s account.
9) This list is an intellectual property of Bank of Commerce. However, Bank of Commerce is not in anyway liable if this shall be copied, reproduced, altered and/or tampered for any activities other than the purpose of marketing properties contained in it.
10) No application fee is required.
11) Bid Offer should be labeled as “Bids and Awards Committee – Bank Property Bid” and be addressed to:
Bids and Awards Committee Secretariat Finance and Controllership Group
12th floor SMPC Bldg., Ortigas Center
c/o Maritess C. Claveria
Interested? Please call 8-982-6000, locals:
- Luzon Areas: 6374 & 6375
- ANNA PATRICIA R. LEON – LOCAL 6374
- JESSIE T. SALOMEO – LOCAL 6375
Management reserves the right to change the price and/or to disapprove offer for the said property.
View all Bank of Commerce properties included in their Q4-2020 update
To view the complete list of foreclosed properties included in this update from Bank of Commerce, you may visit the following page:
Disclaimer and Reminders
- All foreclosed properties are for sale on an “AS IS, WHERE IS” basis. Interested parties are reminded to conduct proper due diligence prior to the purchase of any foreclosed property.
- Availability, prices, and property status are subject to change without prior notice.
- Misprints should not be construed as misrepresentation of the property.
Last updated on: 2021-JANUARY-20 with Bankcom file bank-of-commerce-foreclosed-properties-Luzon-4th-Qtr-2020-1-compressed.pdf
Source: Bank of Commerce website
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- Pag-IBIG Foreclosed Lot Only – Lot 603-D-3 NON-SUBDIVISION BGY. 19 – CABAGNAN LEGAZPI CITY ALBAY REGION 5 (BICOL REGION) 4500 (Lot Area: 146.00 sqm) – For Public Auction on APR 12 – 16, 2021
- Pag-IBIG Foreclosed Lot Only – Lot 11 Blk. 15 IMPERIAL RIDGEVIEW SUBDIVISION-LEGAZPI BGY. 58- BURAGWIS LEGAZPI CITY ALBAY REGION 5 (BICOL REGION) 4500 (Lot Area: 133.00 sqm) – For Public Auction on APR 12 – 16, 2021
- Bank of Commerce foreclosed LAND WITH IMPROVEMENT at BRGY. RAWIS, LEGASPI CITY, ALBAY (Lot Area: 1,197.00 sqm)
- Bank of Commerce foreclosed RESIDENTIAL LOT IMPROVED 2- STOREY RESIDENTIAL BLDG. at LOT 5604-B-6-C, PUROK 5, BRGY. RAWIS, LEGASPI CITY, ALBAY (Lot Area: 458.00 sqm)
- Bank of Commerce foreclosed RESIDENTIAL VACANT LOT at LOT 9-D, GUEVARRA SUBD., BRGY. 18, CABANGAN WEST, LEGASPI CITY, ALBAY (Lot Area: 442.00 sqm)
- Bank of Commerce foreclosed VACANT LOT at LOT 18420-F BRGY. PADANG, LEGAZPI CITY (Lot Area: 8,729.00 sqm)
- BSP Foreclosed Property (Residential – Vacant Lot) at Lot 86-B-2-D-1, Int. Rizal St. Brgy. Cabangan West, Legazpi City, Albay – For Negotiated Sale (Lot Area: 168.00 sqm)
- BSP Foreclosed Property (Residential – Vacant Lot) at Lot 86-B-2-D-2, being a portion of Lot 86-B-2-D, Barrio Cabañgan, Legazpi City, Albay – For Negotiated Sale (Lot Area: 171.00 sqm; Floor Area: 20.00 sqm)
- BSP Foreclosed Property (Residential – Vacant Lot) at Brgy. Padang, Legazpi City, Albay – For Negotiated Sale (Lot Area: 1,063.00 sqm)