SSS Foreclosed Property (Bungalow) at #5170 Lot 11, Block 5, Quilisadio Subdivision, New Visayas, Panabo City (Lot Area: 259.00 sqm; Floor Area: 57.78 sqm)

This property is included in the list of SSS foreclosed properties for August 2020 that are for negotiated sale. More details below.

Property details

• Region: Southern Mindanao
• Property Location: #5170 Lot 11, Block 5, Quilisadio Subdivision, New Visayas, Panabo City
• City, Province: Panabo, Davao Del Norte
• Lot Size (sqm): 259
• Floor Area (sqm): 57.78
• Dwelling Type: Bungalow
• Fair Market Value: PHP 574,100.00

How to avail (Summary)

1. Contact SSS directly for property availability and other details/requirements
2. Do your due diligence (inspect property, check documents, etc.)
3. Choose your preferred payment terms
4. Submit offer and requirements as instructed by SSS

(* The above is just a summary, please contact SSS directly for more details. Contact info can be found below)

Payment Terms

This is the latest info I got from the SSS:

• Minimum Downpayment:
  • For PHP 500,000 and below – Minimum of 5% of purchase price
  • For above PHP 500,000.00 – Minimum of 10% of purchase price
• Interest rates (for installment payment)
  • 6% – 1 to 5 years installment term
  • 7.5% – 6 to 10 years installment term
  • 9% – 11 to 15 years installment term
• Discounts:
  • 10% discount on purchase price for cash purchase
  • 10% discount on purchase price for successful eviction of illegal occupant for occupied properties.
• Payment terms: Up to fifteen (15) years at 9% interest per annum (Note: interest rates can be lower if payment term is shorter, see above)

Contact Info for this SSS foreclosed property

Southern Mindanao

Contact Person: Mr. Joseph G. Codilla / Mr. George C. Doria

Telephone No.: (082) 221-3493 / 221-3575 / 221-3536

Email Address:   / 

Address: SSS Bldg., J.P. Laurel Avenue, Bajada, Davao City

View complete list of SSS foreclosed properties included in this update

To view/download a complete list of SSS foreclosed properties included in this update, you may visit the following page:

==> SSS foreclosed properties for sale

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.

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Last updated on: 2020-July-31 with file HAA_for_Sale_as_of_July_31_2020.pdf

Source: SSS Website

Full Disclosure: Nothing to disclose, this listing is being shared as a public service announcement for the benefit of the general public who are looking for foreclosed properties for sale.