PNB Prime Foreclosed Properties and Repossessed Cars For Public Sealed Bidding On May 22, 2015

Another public sealed bidding of Prime Properties and foreclosed cars from Philippine National Bank will happen on May 22, 2015, Friday, 10:00am, at the 9th Floor, Financial Center, President Diosdado Macapagal Boulevard, Pasay City, Philippines. Get more details below.

This will be their fifth consecutive public sealed bidding of prime properties in 2015.

Pre-bidding conference and property details

Interested bidders are invited to join the Pre-Bidding Conference on May 19, 2015, Tuesday, 2:00pm, at the PNB Special Assets Management Group (SAMG) Head office, President Diosdado Macapagal Boulevard, Pasay City, Philippines. Just call PNB directly for details.

For property details, you may also contact PNB directly via the contact details of the assigned account officer from PNB, as indicated on the list of properties which you can download below.

Payment terms

TERMS OF PAYMENT

1. Cash

2. Installment

A. For REGULAR SALE

-fixed 6% interest rate up to 5 years

-fixed 8% interest rate up to 5 to 10 years

B. For PABAHAY BONANZA Program
(properties 5M & below; with 20% deposit requirement)

-fixed 6% interest rate up to 10 years

-fixed 8% interest rate up to 10 to 20 years

3. For Motor Vehicles: Cash basis only

Download the list of PNB Prime properties and foreclosed cars

The complete list of prime PNB foreclosed properties for public sealed bidding on May 22, 2015 can be downloaded through the links below:

Click to download list of PNB prime properties for sealed bidding on May 22, 2015 (PDF)

To download a smaller file that only includes PNB foreclosed cars for sealed bidding, use the download links below:

Click to download separate list of PNB foreclosed cars for sealed bidding on May 22, 2015 (PDF)

Source: PNB SAMG

Happy hunting!

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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2015 All rights reserved.

P.S. – I’m really close to wrapping up our long-awaited online training course, and I’ll be releasing the public version late May 2015 (It was delayed due to health reasons… no worries, I’m OK now!). But before I do, can you please help me out? Please answer a very short survey (and get a little more detail on the online training course) on this page: https://www.foreclosurephilippines.com/survey/. Thanks!