The PNB – Special Assets Management Sector or PNB-SAMS will be conductiing an auction of foreclosed and bank owned properties on September 23, 2010, Thursday, 2:00pm, at the Top Plaza Hotel, Echavez St. cor Quezon Avenue, Dipolog City.
Properties covered by this auction are from Zamboanga Del Norte, Zamboanga Del Sur, Sibugay, and Misamis Occidental.
Winning bidders can enjoy up to 35% discount* and as low as 8% interest* for installment purchases, with payment terms of up to 10 years.
*rates may vary according to the market value of the properties
Based on the auction flyer, properties under Pabahay Bonanza(below Php1M), get 8% fixed interest rate for installment terms. Properties priced above Php1M will get 10% fixed interest rates for 1-5 years payment terms and 12% fixed interest rates for 6-10 years payment terms.
>>>Click here to download the foreclosed property listing for PNB-SAMS’ Dipolog auction on September 23, 2010 in PDF format(482KB) or click on the image below to download a copy in JPG format(1.578MB)

Don’t forget to contact PNB-SAMS directly using the contact numbers above for any inquiries about the auction or any of the foreclosed properties on the list.
Interested?
Interested bidders only need to bring a deposit of PhP25, 000.00 in the form of CASH or MANAGERS CHECK. NO DEPOSIT, NO PARTICIPATION!
The “fine print”
Auctioneer reserves the right at anytime to pull out or update status of the properties in the event discrepancies are found.
PROPERTIES FOR SALE ARE ON AN “AS IS WHERE IS BASIS”
Inadvertent misprints shall not alter the property’s factual condition or shall they be deemed as a misrepresentation of the property.
Happy hunting!
To our success and financial freedom!
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 © 2010 All rights reserved.
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