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More than 200 PDIC foreclosed properties included in another auction slated on September 4, 2017

Less than a week after their August 31, 2017 auction, the Philippine Deposit Insurance Corporation (PDIC) shall conduct another public sealed bidding of foreclosed properties from PDIC and closed banks on September 4, 2017. More than 200 foreclosed properties are included and they also have a generator set and a couple of repossessed cars on the list. Details can be found below.

As per Invitation To Bid, sealed bids shall be accepted at the Bangko Sentral ng Pilipinas – San Fernando Branch, Greenfields Subdivision, Mac Arthur Highway, Sindalan, San Fernando City, Pampanga

Sealed bids shall only be accepted from 9:00am to 2:00pm.

The list includes properties from the following locations:

  • Bataan
  • Benguet
  • Bulacan
  • La Union
  • Nueva Ecija
  • Pampanga
  • Pangasinan
  • Tarlac
  • Zambales

These foreclosed properties included in the listings below are for sale “for CASH” and “as-is, where-is” basis, so make sure that you have done your due diligence before submitting your bid(s).

The list of foreclosed properties can be found in the invitation to bid below.

Invitation to bid

You may also download a copy of the invitation to bid below

Note: You will need Adobe Acrobat Reader to view PDF files, which is free to download at Adobe.com

Click to download PDIC’s Invitation to Bid for the sealed bidding on September 4, 2017

Source: PDIC website

Who to contact to get more details?

As stated in the invitation to bid:

Complete description of the properties is available at the Asset Management and Disposal Group, PDIC 7/F SSS Building, Ayala Avenue cor. Rufino St., Makati City.

For further information, you may call PDIC’s Public Assistance Department at:

  • Tel. No. : (632) 841-4630 to 31
  • Toll free : 1-800-1-888-7342 or 1-800-1-888-PDIC
  • Email : pad@pdic.gov.ph

Full disclosure: Nothing to disclose. The PDIC bidding is for direct buyers only. We are posting this as a form of public service because a lot of you out there have been asking for these listings.

If you have any questions/inquiries, please contact PDIC directly through the contact details in the invitation to bid above. Thank you for understanding!

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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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