Property details

Region: Central-Visayas (Item 2)
Property Location: Lot No. 957-C-4 Sta. Rosa Homes, Cabahug Pvt Road, Opao,
City, Province: Mandaue, Cebu
Lot Size (sqm): 165.00
Floor Area (sqm): 68.28
Dwelling Type: Bungalow
Fair Market Value: PHP 1,307,150.00

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)

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

Central-Visayas

Contact Person: Mr. Leon C. Gelera Jr.

Telephone No.: (032) 505-9301 to 10 lac. 250

Email Address: geleralc@sss.gov.ph

Address: SSS Bldg., Osmefia 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:

==> 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: 2022-June-01 with file: list-of-sss-housing-acquired-assets-as-of-may-31-2022_compressed.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.

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