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You are here: Home / Auction of Php80.3-Million worth of PDIC foreclosed properties slated on December 20, 2012

Auction of Php80.3-Million worth of PDIC foreclosed properties slated on December 20, 2012

Last updated on January 15, 2013 by Jay Castillo | Filed Under: Uncategorized5 Comments
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The Philippine Deposit Insurance Corporation or PDIC will be conducting a sealed bidding of Php80.3-Million worth of real estate assets on December 20, 2012, 9:00am, at the 9th Floor PDIC Training Room, SSS Building, V. A. Rufino Street corner Ayala Avenue, Makati City, Philippines.


The deadline for the submission of sealed bids will be at 2:00 pm on the same day. Bids will only be accepted from direct buyers. More details below.

Foreclosed properties and acquired assets from PDIC and closed banks are included in the bidding, and are from Metro Manila, Luzon, Visayas, and Mindanao areas. All properties are for sale on an “AS-IS, WHERE IS” basis, and buyers are advised to conduct their own due diligence, prior to submitting any sealed bids.

Auction terms

All bidders are required to include in their sealed bids a 10% bid bond in the form of cash or manager’s check. For winning bidders,  the balance of the winning bids must be paid on or before January 4, 2013.


Download the list of PDIC foreclosed properties for sealed bidding

To download the complete list of PDIC foreclosed properties for sealed bidding on December 20, 2012, just click on the image preview below. The list consists of 8 pages and is in PDF format.

pdic foreclosed properties listing for december 20 2012 sealed bidding

Alternately, you may click on the following link to download the list.

  • PDIC foreclosed properties sealed bidding invitation to bid – December 20, 2012 (PDF)

Source: PDIC website*

*Other relevant forms and pictures of the properties (when available) can also be found in the official website of the PDIC.

For more information

You may contact PDIC directly through the following telephone numbers

  • 841-4665
  • 841-4671

Happy hunting!

~~~

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
Blog: https://www.foreclosurephilippines.com
Connect with us – Facebook | Twitter | Blog RSS | Google +

Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

Full disclosure: Nothing  to disclose. 



Tagged With: Acquired assets, acquired assets for sale, foreclosed properties for sale, PDIC, PDIC, pdic acquired assets, pdic foreclosed properties, public sealed bidding, ROPA

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A lot of people encounter problems and challenges when buying real estate like foreclosed properties. I encountered a lot of challenges myself, which is why I started this blog in 2008 to serve as a guide where I share lessons learned, and how to overcome challenges with real estate investing in the Philippines … [Read more]

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About Jay Castillo

A lot of people encounter problems and challenges when buying foreclosed properties.

I encountered a lot of challenges myself. But thanks to patience and a lot of help from mentors and friends, I was able to overcome those challenges.

I started this blog in 2008 to share lessons learned and how to overcome common challenges people face with real estate investing in the Philippines.

I am not a “guru”, I only share what I have learned based on my own experience…​ [Read more]

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