Home » Foreclosed Properties » Philmay Visayas and Mindanao foreclosed properties for sale as of February 28, 2011

Philmay Visayas and Mindanao foreclosed properties for sale as of February 28, 2011

As mentioned in my post about Philmay foreclosed properties from the  Metro Manila and Luzon areas, here is the second part which contains Visayas and Mindanao foreclosed properties. Actually, a number of foreclosed properties from the Luzon area are also included in the following listings. These are also updated as of February 28, 2011.

I would like to reiterate that these foreclosed properties are for negotiated sale, and are not for public auction.  You just have to submit your offers on a first come, best offer basis.

Yes, you may submit an offer which is less than the indicated selling price, subject to final approval of management.

Payment terms: 10% to 20%  downpayment, with the balance payable up to 15 years, subject to final approval of the management of PPI. It goes without saying that cash offers are also accepted.

Download the foreclosed property listings

The following are foreclosed properties from Philmay and Maybank in PDF format:

PHILMAY VISAYAS AND MINDANAO FORECLOSED PROPERTIES FOR SALE AS OF FEBRUARY 28, 2011

MAYBANK VISAYAS AND MINDANAO FORECLOSED PROPERTIES FOR SALE AS OF FEBRUARY 28, 2011

 

For your convenience, you may also download a copy of the above listings in excel format: PHILMAY SUMMARY PRICELISTS OF VISAYAS-MINDANAO PROPERTIES FOR SALE AS OF FEBRUARY 28, 2011.XLS

 

Reminders

  1. Prices are negotiable
  2. Prices are subject to change without prior notice
  3. Philmay reserves the right to amend the terms, conditions, and withdraw/replace anyand all properties anytime for whatever reason Management may deem appropriate
  4. All sales shall be on an “as-is, where-is” basis, no waranties and “no recourse” basis. Status and condition of the properties are not comprehensive or complete: Buyers are therefore advised to conduct their own due dilligence prior to submission of an offer to buy
  5. Submission of offer to buy is on a first come, best offer basis. PPI reserves the right to conduct private bidding in the event of multiple offers received on the same property subject to the bidding policy of PPI
  6. Mere submission of an offer does not construe a right of “first option” by the offeror
  7. The creditable withholding tax up to the agreed purchase price shall be for the acocunt of PPI. Any fractional cost or excess shall be for the buyer’s account
  8. Prices are not applicable to buyback of the former owners or relatives up to 1st degree of consanguinity. Please confirm with PPI any buyback price
  9. All sales transactions are subject to the final approval of the Management of PPI
  10. Brokers or agents are not allowed to accept any payment from prospective buyers
  11. Taxes and required fees due from buyer must be settled on time during documentation to avoid penalties

Foreclosed property details

For property details, just leave a comment below.

Happy real estate investing!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

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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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Leave a Comment

4 thoughts on “Philmay Visayas and Mindanao foreclosed properties for sale as of February 28, 2011”

  1. Dear all, effective September 2012, Ramil Alquileta is no longer connected with ForeclosurePhilippines.com. Please be guided accordingly.

    Reply
  2. am interested at Lot 64, blk 2, maRIGOLD. ST. mIDLAND, mAA. dist.T 341322 and T 112982 Interior Maa, davao city. pls. reply

    Reply
    • Hi Auxie, I already forwarded your inquiry to savinggracerealty(at)yahoo(dot)com. They will answer your inquiry. Thanks!

      Reply

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