September 2020 | 222 RCBC foreclosed properties for negotiated sale

by Jay Castillo | Filed under: - 0 Comments


A total of 222 RCBC foreclosed properties are included in their latest nationwide list, updated as of August 31, 2020. Details and complete list of properties can be found below.


View list of RCBC Savings Bank foreclosed properties (database)

To view all foreclosed properties from RCBC Savings Bank with easy searching and filtering, access them all through our “Classifieds Database” below:

Click here to view searchable list of Foreclosed Properties from RCBC (Database)

Search all foreclosed properties in our Classifieds Database

Step-by-step instructions:

  1. Search by typing keywords (ex. Your preferred subdivision, village, condo, etc) and/or location(s) and click “Search”.
  2. Use “Advanced Search” to choose preferred price range, lot/floor areas (if data is available), and also to exclude those classified as occupied.

Browse all locations with foreclosed properties by Province/City

You can also browse all locations within the Philippines with foreclosed properties available from ALL banks/lending institutions, grouped by Province/City, on this page:

Click to browse all foreclosed property locations

Note: The “Classifieds Database” is a work in progress. If you have comments/suggestions, please do let me know by leaving a comment below.

View/ download the list (PDF)

You may also view the list from RCBC in PDF format, below.

Click to download foreclosed properties listing (PDF)

Note: You will need Adobe Acrobat Reader to view PDF files, which is free to download at Adobe.com


Payment terms

NEGOTIATED TERMS OF PAYMENT

Cash Term:

25% Downpayment payable as follows:

a). 10% Option Money upon submission of offer

b). additional 15% downpayment payable within seven (7) days from receipt of the notice of approval or as indicated in the notice of approval;

75% balance payable within 30 days from the completion of downpayment or as indicated in the notice of approval;

 

Installment Term:

25% Downpayment payable as follows:

a). 10% Option Money upon submission of offer

b). additional 15% downpayment payable within seven (7) days from receipt of the notice of approval or as indicated in the notice of approval;

75% balance payable as follows:

9.5% fixed per annum for 1 year

11.5% fixed per annum for more than 1 to 5 years

13.5% fixed per annum for more than 5 to 7 years

Note: Monthly amortization to commence within 30 days from the completion of downpayment or as indicated in the notice of approval.

Contact details and reminders

FOR INQUIRIES PLEASE CONTACT: ELMA SILVESTRE * 8894-9000 LOCAL 2233 * 0918-9929605 *

SALE IS ON AN “AS IS, WHERE IS” BASIS

PROPERTIES AND PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

Source: RCBC Website


About RCBC and RCBC Savings Bank

In the past, RCBC and RCBC Savings Bank had separate listings of foreclosed properties. Because of the merger of RCBC Savings Bank into RCBC (as explained in video below from their FB page), they have combined their acquired assets/foreclosed properties for sale into one list.

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.

Full disclosure: Nothing to disclose. Even if we are accredited real estate brokers of RCBC, we cannot assist any of you with this listing because we have stopped brokering foreclosed properties. We are sharing this as a public service announcement. If you are interested in any of the properties on this list, please contact the bank directly. Thank you!



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Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.



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