It’s been a long while since I last shared any listing from LANDBANK (the last one was from the 2013 Housing Fair), and I’ll make it up to you all by sharing their latest list for September 2017.
This list of LANDBANK foreclosed properties has a total of 162 properties from all over the Philippines, with a total selling price of over Php1.1 Billion.
A few chattels are also included with a few equipment and repossessed vehicles (They are the cheapest and will be at the top of the listings when you browse the database).
By the way, this list includes foreclosed properties that are bundled (they must be purchased together), which would explain the high selling price for some of the properties.
Locations of foreclosed properties
To give you an idea of the locations of properties in this listing from LANDBANK, here’s a list of Provinces and Cities / Municipalities.
|Province||City / Municipality|
|Davao Del Sur||Davao|
|Ilocos Sur||Santa Maria|
|Lanao Del Norte||Iligan|
|Negros Occidental||Bacolod City|
|Nueva Vizcaya||Santa Fe|
LANDBANK foreclosed properties for negotiated sale
These foreclosed properties are all for negotiated sale, which means you don’t have to attend any auction, you just have to submit your offers after you have done your due diligence. For the exact steps, please contact LANDBANK directly for complete details.
You may access LANDBANK’s list of foreclosed properties inside our database through the link/button below.
According to their website, LANDBANK offers “flexible payment terms”. I was planning to call up LANDBANK today to ask for details for their payment terms, but it turns out there’s no office today because of the floods. I’ll just update this later.
- Sales shall be on “AS IS WHERE IS” basis.
- Offers shall be on a first come,first serve basis.
- Prices are subject to change without prior notice.
- LANDBANK reserves the right to correct errors in prices,terms and status of the properties in the event discrepancies are discovered.