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3 Public Biddings For PDIC Foreclosed Properties Slated On February 2018

The Philippine Deposit Insurance Corporation or PDIC shall conduct 3 public biddings for their various foreclosed properties and also from closed banks this February 2018. Get more details for each bidding below.

As usual, all foreclosed properties included in the listings below are for sale on an “as-is, where-is” basis. So if you are interested in any of the properties, make sure you conduct your due diligence prior to attending the public bidding (refer to disclosures included in the listings). Here are the bidding invitations with listings of foreclosed properties.

Bidding for PDIC foreclosed properties and of various closed banks on February 15, 2018

This will be a public sealed bidding for assets of PDIC/closed banks that will be on February 15, 2018, Thursday, from 9:00am to 1:45pm, at the 9th floor PDIC Training Room, SSS Building, 6782 Ayala Ave., cor. V.A. Rufino St., Makati City.

This includes properties from the following locations:

  • Batangas
  • Bulacan
  • Cavite
  • Ilocos Sur
  • Laguna
  • Metro Manila
  • Misamis Oriental
  • Nueva Ecija
  • Pampanga
  • Rizal

The bidding also includes motor vehicles and generator sets.

A copy of the list of foreclosed properties included in the auction and other details may be downloaded below.

Download PDIC’s Invitation to Bid for the sealed bidding on February 15, 2018

 

Source: PDIC website

Bulk sale of foreclosed properties from Accord Savings Bank on February 19, 2018

The second bidding to be conducted by PDIC will be for the bulk sale of residential lots from Accord Savings Bank that are located in Green Farm Royale Subdivision, Barangay Pulong Bunga, Silang, Cavite.

These residential lots are covered by 438 TCT’s and have an aggregate lot area of more than 9.4 hectares (94,514 sqm)

Please refer to the invitation to bid below.

Accord Savings Bank foreclosed properties for bulk sale

Download Accord Savings Bank properties for bulk sale on February 19, 2018

Source: PDIC website

Bidding for PDIC foreclosed properties and of various closed banks on February 27, 2018

The third bidding will be held at the Bangko Sentral ng Pilipinas – Davao Regional Office Quirino Avenue, Davao City, and bids will be accepted from 9:00am to 1:45pm.

It includes properties from the following locations:

  • Agusan Del Norte
  • Agusan Del Sur
  • Bukidnon
  • Compostela Valley
  • Davao Del Sur
  • Lanao Del Norte
  • Misamis Oriental
    • Cagayan De Oro
  • North Cotabato
  • South Cotabato
  • Sultan Kudarat
  • Surigao Del Norte
  • Leyte

You may download  a copy of invitation to bid with a complete list of properties below:

Download invitation to bid for PDIC Bidding in Davao City on February 27, 2018

Source: PDIC website

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 individual listings above.

P.S. If you like to receive more listings like this, you may also subscribe to e-mail alerts to get notified when we publish new listings.

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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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