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Foreclosed properties to be auctioned by RCBC Savings Bank on December 5, 2009

A public auction of foreclosed properties will be conducted by RCBC Savings Bank in their latest Dream Buys Auction which shall be held on December 5, 2009, 9:00AM, at the Development Academy of the Philippines (DAP) Building, San Miguel Avenue, Pasig City, Philippines.

Foreclosed properties can be acquired for as little as 20% downpayment, with a maximum of 10 years financing term for the balance, at an annual interest rate of 12% fixed for the first 5 years. At these payment terms, a buyer will only have to pay Php1,435.00 per month for every Php100,000.00 amount financed. Lets say your winning bid for a foreclosed property was Php1M, your monthly amortization will be Php14,350.00.

Foreclosed properties included in the auction are from the following areas:

  • Paranaque
  • Las Pinas
  • Muntinlupa
  • Taguig
  • Quezon City
  • Marikina
  • Antipolo City
  • Caloocan
  • Cainta
  • Rizal
  • Valenzuela
  • Laguna
  • Cavite
  • Bulacan
  • Bataan
  • Tarlac
  • Pangasinan
  • Nueva Ecija
  • Batangas
  • Quezon Province
  • Cabanatuan

RCBC-DREAM-BUYS-AUCTION-THUMBNAIL

Click here to download the  listing of RCBC foreclosed properties to be auctioned on December 5, 2009

(Source: Manila Bulletin, November 22, 2009 issue, Page G-3)

For other inquiries, please call 638-5032 or 687-0839.

Red – (0908) 885 4803

South Properties: Alex – (0918) 951 1811

North Properties: Jerome (0918) 990 3744

The fine print

All transactions are subject to bank approval. Properties, rates, and prices are subject to change without prior notice. The bank reserves the right to withdraw any property for whatever reason. Show money Php25,000 cash or MC per property. All properties are on an “as is, where is” basis. Misprints should not be construed as misrepresentation of the property.

Happy hunting!

My vision – financial freedom for all!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter: http://twitter.com/jay_castillo
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Text by Jay Castillo. Copyright © 2009 All rights reserved.

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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2 thoughts on “Foreclosed properties to be auctioned by RCBC Savings Bank on December 5, 2009”

    • Hi RJ, Sorry I haven’t been able to post new listings of repossessed cars lately. I promise to actively post more by February 2010 as I will have more time freedom to do so. Thanks for visiting!

      Reply

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