RCBC Savings Bank foreclosed properties “Dream Buys Auction” slated on September 29, 2012

Last Updated on November 8, 2012 by Jay Castillo | Filed under: - 125 Comments

RCBC Savings Bank foreclosed properties Dream Buys Auction on September 29, 2012

RCBC Savings Bank foreclosed properties will be up for grabs in their next Dream Buys Auction this coming September 29, 2012, Saturday, 9:00am, at the 6th floor, Development Academy of the Philippines Building, San Miguel Avenue, Pasig City, Philippines.

This Dream Buys Auction will include foreclosed properties from the Luzon and Metro Manila areas, although I also saw some foreclosed properties from Davao on the list.

Note: This time around, my wife and I shall be available to serve you as your duly licensed real estate brokers for the auction and afterwards. More details below.

Bid terms

Show money (this is refundable in case you don’t win on your bid)

  • Php25,000.00 in the form of cash or manager’s checks

Payment terms

  • Cash
  • Installment:
    • Minimum Downpayment for vacant lots is 10%
    • Minimum Downpayment for properties with improvements is 20%
    • Balance is payable up to 10 years at 12% fixed annual interest rate
    • Note: 25% downpayment is required to occupy a property 

Download the RCBC Savings Bank foreclosed properties listing

Properties on the list marked with an asterisk (*) which I have highlighted in yellow have special concerns (occupied/with legal impediments)

Forms for buyers:

How to inquire and get more details

To get more details about the auction and the foreclosed properties for sale, please leave a comment below and use a valid e-mail address and include your contact number (will not be published) so that we can get back to you as soon as possible. You may also send an e-mail to sales(at)foreclosurephilippines(dot)com.

By inquiring through us, you agree to recognize and acknowledge us as your real estate brokers/referrors. In exchange, we will assist you before, during, and after the auction. We offer these services at absolutely no cost to buyers.

Disclosure and disclaimer

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.

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

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

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