Home » Foreclosed Properties » See you at the Dream Buys Auction of foreclosed properties slated on February 4, 2012

See you at the Dream Buys Auction of foreclosed properties slated on February 4, 2012

RCBC Savings Bank foreclosed properties shall be up for sale through public auction in their latest Dream Buys Auction to be held on February 4, 2012, Saturday, 9:00am, at the 6th floor, Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines.

The foreclosed properties included in the auction are from Metro Manila, North and South Luzon, although I did see a few from Davao. Because of the large number of properties included in the auction, this listing is actually composed of three files which you can download below.

Download the complete list of RCBC Savings Bank foreclosed properties

The complete list of foreclosed properties included in the auction can be found below in three files.

1. RCBC Savings Bank Dream Buys Auction -Flyer for February 4, 2012 – XLS
2. RCBC Savings Bank Dream Buys Auction – SPC Properties Inventory 2012 – XLS
3. RCBC Savings Bank Dream buys Auction – Sysco, Filmal, G.A. properties – XLS

How to get more details

To get more details with regard to the foreclosed properties on the list, please refer to the contact details on the listings above, or you may also get me as your real estate broker and I would be glad to assist you, especially if you plan to attend and bid for a property on February 4, 2012, as I am a duly accredited real estate broker.

I am a duly accredited real estate broker of RCBC Savings Bank

Yes, I am a duly accredited real estate broker of RCBC Savings Bank and we (my wife and I) will be glad to assist you, especially with the foreclosed properties located in Las Pinas. We also plan to feature these properties here by posting additional details like pictures, vicinity map, and other info we may find when we inspect the foreclosed properties, just like what we did in the auction last November 2011.

*Updated on February 2, 2012: Please click here to view the featured properties in Las Pinas.

Please keep in mind that availing our services as your real estate broker will be at no additional cost to you! We will also be there to help you during the auction.

Just let me know by leaving a comment below. Thanks!

 The “fine print”

All properties are sold on AS-IS-WHERE-IS basis. Properties and prices are subject to change without prior notice. The Bank reserves the right to withdraw any property before auction.

Inadvertent misprints shall not alter the property’s factual condition nor shall they be deemed as misrepresentation of the property.

Note: Properties on the list that are marked with an asterisk (*)  are properties with special concerns (occupied / with legal impediments) . Please be guided accordingly.

*Update as of January 31, 2011

Here are pictures and vicinity maps as requested through the comments section:

  • *Property 87: L 1-H-1 & 2 No. 11 Amayan St. Brgy. Claro, Project 3, Quirino District, Quezon City (OCCUPIED)

  • *Property 88 – No. 54-D Bakawan St., Veterans Village, Project 7, Quezon City (OCCUPIED)

  • *Property 89:  Unit 207-G Scout Chuatoco St., Obero, Quezon City (OCCUPIED)

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
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2011 All rights reserved.

Full disclosure: I am an accredited real estate broker of RCBC Savings Bank. 

PS. – ForeclosurePhilippines.com was offline since 10:30pm yesterday due to an outage with our webhosting provider, DreamHost. It was finally fixed at around 10:30am today, for a total downtime of 12 hours. Sorry for any inconvenience caused.

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42 thoughts on “See you at the Dream Buys Auction of foreclosed properties slated on February 4, 2012”

  1. Hi! I’m interested on your bakawan st., project 7 and sct. Chuatoco properties. Are these still available? May I know your contact details? Thanks.

    1. Hi Cherry, these are available but are occupied by the former owners. My cell # is 09178843882, Landline # 9649489. Thanks!

  2. Hi Mr. Jay,

    Thank you for your reply and updates. Why is the Sct. Chuatoco on Aunction if it has special concerns and the owner still dwells in that house? Funny as it may seems, because before applying for housing loan, all papers must be clear for the bank to release the money, then why in this Sct Chuatoco Property, the bank can get the property back if the borrower, which is the owner of the house, can’t pay the loan anymore?

    Pls let me know all the details, if we can get the Scout Chuatoco Property, with you as the official Agent. Or you have other property/foreclosed or not in Scout Area or Cubao, even with old house but livable. Much better if it is Residential-Commercial property, where I can have a food business to help my husband.

    Best Regards!

    Elaine

    1. Hi Ms. Elaine, I managed to get details from the bank and found out that this property’s title is consolidated, meaning the title is under the name of the bank, and they are the duly registered owners (the bank). Furthermore, the bank just rescinded the contract with the former owner for non-payment, although the former owner has filed a case contesting this. I also learned that the case has not yet been resolved and this is different from an ejectment case, which would explain why the property is still occupied.

      Anyway, we will keep you posted if we find other suitable properties for you, thanks!

  3. Hi Mr. Jay,

    Im interested with your Scout Chuatoco Property and willing to pay in cash. Pls let me know the details asap. Thank you

    Mrs. Elaine

    1. Hi Ms. Elaine,

      This townhouse remains unsold as of May 19, 2012 (it was included in the auction but was unsold). I will get more details and update you of the status as soon as possible. Thanks!

      1. HI Ms. Elaine, unfortunately, the property is still occupied by the previous owner and is under litigation.

  4. hi jay,dati akong ofw,gs2 q bumili house and lot,ok sana yung no.87-89 kya lang sbi nyo occupied,pano process non? aalis ba cla pag binili yung bahay? do u have any contact no.ng caretaker ng bahay pra direkta ako makapagtanong ng location kung sakaling gus2 ko makita yung property? thank you and pls help me,I really want to buy a house na ok ang location at mejo mura lang..salamat!

  5. Jay gusto ko lang malaman kung bibili tayo ng real estate ano bang first step, mga legalities anong dapat nating iverify? Thanks

  6. Pingback: Featured: Las Pinas foreclosed properties for public auction on February 4, 2012 — Foreclosure Investing Philippines

  7. Jay hi/ need to understand just in what currency do the property list in US or Paso. Im interested in areas of cavite and angelis city

    1. Hi Sixto, all of the prices are in Philippine Peso. Just let me know if you need any so i can help get them for your from the bank. I just hope there’s enough time as the auction is already on Saturday.

  8. HI. i am interested to attend the Feb 4 . I am particularly interested with the Woodlands property in Tagaytay.Can you send me more details? Can you also be my broker? pls email me at [email protected]@madera:disqus .ph
    Pinky

  9. Pingback: RCBC Mega Property Auction of foreclosed properties slated on February 4, 2012 — Foreclosure Investing Philippines

  10. hi jay, i am an Ofw based in SG i booked a ticket to be able to attend the auction on Saturday.  Can you be my broker?

    1. Hi Bernie. Please keep in mind this property has an aterisk (*) which means it may be  occupied/has legal impediments. Nevertheless, I’ll send you a copy of the vicinity map/pictures once I have a copy.

  11. hi sir jay, im interested to nueva ecija property but i checked the property, the owner is still living there. so how will we proceed with it? but how come it is already for auction.

    1. Hi Che, buyers have the option to buy such properties on an “as is where is” basis. It’s possible that the redemption period has already lapsed and the bank can already sell these properties, even if they are still occupied.

        1. Hi Che, nabanggit ko ito noon sa bank at natanong ko kung paano ang ganitong sitwasyon, at sa pagkakaintindi ko ay may iba daw na contract na specific para sa mga occupied na properties. Hindi pa ako nakakita nung mismong contract kaya hindi ko rin masabi kung paano ang buong proceso. Andun yata ang specific actions or options na available sa buyer just in case bibilhin pa rin niya ang occupied na property. Hingi pa ako ng additional details…

  12. Hi jay, i would like try this time investing in foreclose poperties especially here in las pinas or paranaque since im from this area. Could u also be my broker if when i can find one worth investing. Pls send me details if you still have properties in said area. Tnx

    1. Hi Ldbt3, I have just visited the properties in Las Pinas that are unoccupied and we will post details soon. I will keep you posted. Thanks

  13. Quintillajr Edgar

    gud pm sir interesado ako sa house and lot located sa greenfield subd.,Bagbag Rosario cavite , can you assist me please..

    1. Hi Edgar, before anything else, I noticed that this property is occupied. Please take note that all properties with an asterisk (*) are properties with special concerns (occupied / with legal impediments). Are you still interested?

  14. Vladie_mendoza01

    Sir,Please send me vicinity map of the Quezon City properties,one in Scout Chuatoco and one at the Veteran’s Vill.Properties #87,88 and 89 respectively. Th

    1. By the way, please take note that all properties you listed have an asterisk (*) which means they have special concerns (they may be occupied and/or have legal impediments).

  15. Sir,

    Ask ko lang po kung mag kano downpayment sa isang property, and kung pwede rin siyang bayaran ng installement kagaya ng sa unionbank.

    1. Hi Allan,

      Here is a copy of the auction terms for installment payments:

      “For Vacant Lots:
      10% Downpayment payable as follows:

      a). P25,000.00 Showmoney payable during auction day (in the form of cash or MC payable to RCBC Savings Bank)

      b). Balance for the 10% downpayment payable within seven (7) days from auction date;

      90% balance payable as follows:

      a). 10.0% fixed per annum for more than 1 to 5 years;

      b). 12.0% fixed per annum for more than 6 to 10 years

      For with Improvements:
      20% Downpayment payable as follows:

      a). P25,OOO.00 Showmoney payable during auction day (in the form of cash or
      MC payable to RCBC Savings Bank)

      b). Balance for the 20% downpayment payable within seven (7) days from
      auction date;

      80% balance payable as follows:

      a). 10.0% fixed per annum for more than 1 to 5 years;

      b). 12.0% fixed per annum for more than 6 to 10 years

      Please take note however that to occupy the property, a 25% downpayment is
      required.”

      1. Pierre Hernandez

        hello Sir Allan !
        I’m interested in foreclosed townhouse in bakawan st, veterans village project 7 , is it still available and can you send me whole details and procedure on how to avail this tru bank financing not in rcbc but ucpb.
        Thank you and God bless!

        Pierre Hernandez

  16. Pingback: Equicom Savings Bank foreclosed properties for negotiated sale as of January 2012 — Foreclosure Investing Philippines

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