This property is included in the list of SSS foreclosed properties for August 2020 that are for negotiated sale. More details below.
- Region: Central Visayas
- Property Location: Lot 4601-H-2 Upper Belmont Village, Pinggan, Pakigne, Minglanilla, Cebu
- City, Province: Minglanilla, Cebu
- Lot Size (sqm): 200
- Floor Area (sqm): 76.72
- Dwelling Type: Bungalow
- Fair Market Value: PHP 1,217,300.00
How to avail (Summary)
- Contact SSS directly for property availability and other details/requirements
- Do your due diligence (inspect property, check documents, etc.)
- Choose your preferred payment terms
- 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)
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
- 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
Contact Person: Mr. Leon C. Gelera, Jr.
Telephone No.: (032) 505-9301 to 10 loc. 250
Email Address: [email protected]
Address: SSS Bldg., Osmeña Boulevard, Cebu 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:
Disclaimer and Reminders
- 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: 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.
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!