Here’s a quick update for Asia United Bank’s foreclosed properties and repossessed cars, for July 2016. To keep things simple, this update also includes properties from their subsidiaries. These are Cavite United Rural Bank, and Rural Bank of Angeles. Details can be found below.
These foreclosed properties are for negotiated sale, no need to go through a public auction.
This means that interested parties only need to submit their offers.
All offers are are subject to the evaluation/approval of the management.
Here are the payment terms for the foreclosed properties from AUB and their subsidiaries.
- Cash – one time payment upon approval of offer;
- In-house financing –
- Minimum of 20% down payment upon approval of offer;
- 80% balance payable in 5 years at 12% interest per annum
Note: For repossessed cars, please call AUB directly.
Download AUB/CURB/RBA foreclosed properties listings plus AUB repossessed cars
You may download the complete listings below. Contact details are within each list.
|Seller Bank||Acquired Asset Type||Updated as of||Remarks||Download links to listings|
|Asia United Bank (AUB)||Foreclosed properties||July 2016||Includes properties within redemption period|
|Asia United Bank (AUB)||Repossessed Cars||July 2016|
|Cavite United Rural Bank (CURB)||July 2016|
|Rural Bank of Angeles (RBE)||July 2016|
|Note: This list supersedes all listings from AUB and its subsidiaries that are posted in ForeclosurePhilippines.com|
How to inquire
Always inquire directly with AUB or it’s subsidiaries using the contact details provided in the listings above. Thank you!
Source: Ms. Hazel Balaquiot of AUB
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P.S. We shall be re-opening our How To Buy Foreclosed Properties online training. I will be announcing details in my next post. If you want to get notified first when enrollment re-opens, subscribe to the early notification email list.