RCBC Savings Bank will be conducting two real estate auctions this July 2011.
The “Dream Buys Auction” of foreclosed properties will be held on July 23, 2011, Saturday, 9:00am, at the L.S. Virata Hall, 2nd Floor Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines.
“The Local Auction” will be held on July 30, 2011, Saturday, 9:00am, at the Malolos Resort Club Royale, McArthur Highway, Mabolo, Malolos, Bulacan, Philippines. Please continue reading for more details.
“Dream Buys Auction”
This real estate auction includes foreclosed properties which are mostly from areas in Metro Manila with a few from Luzon.
Date: July 23, 2011 . Saturday . 9:00 AM
Venue: L.S. Virata Hall, 2nd Floor Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines
Real estate auction details:
- As low as 10% downpayment, balance payable in 10 years, fixed interest rate.
- Show money is Php25,000 cash or manager’s check
List of foreclosed properties(click to download):
>>>RCBC Savings Bank Dream Buys Auction on July-23-2011<<<
source: http://rcbcsavings.com/?p=44
“The Local Auction”
This real estate auction includes foreclosed properties which are mostly from areas in Luzon.
Date: July 30, 2011 . Saturday . 9:00 AM
Venue: Malolos Resort Club Royale, McArthur Highway, Mabolo, Malolos, Bulacan, Philippines
List of foreclosed properties (click to download):
>>>RCBC Savings Bank Local Auction on July-30-2011<<<
source: http://rcbcsavings.com/?p=44
For inquiries, please call:
- RCBC Savings Bank Retail Asset Management Division
- RED / ALEX / JEROME – 687-0839 / 638-5032
- Other Properties: VIC ORENSE 470-9432
Reminders
*All transactions are subject to bank approval. Properties, rates and prices are subject to change without prior notice. The bank reserves the right to withdraw any property for whatever reason. Show money PhP 25,000.00 cash or MC per property. All properties are on *as is, where is* basis. Misprints should not be construed as misrepresentation of the property.
Happy investing!
~~~
To our success and financial freedom!
Jay Castillo
Real Estate Investor
PRC Real Estate Broker Registration 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 © 2011 All rights reserved.
Full disclosure: I am an accredited Real Estate Broker of RCBC Savings Bank. If you plan to attend the auction on July 23, 2011, I would be more than happy to assist you. Just let me know by leaving a comment below. Thanks!
Sir,
This is a follow up inquiry lang po, been interested on acquiring from your posted bank foreclosed properties, I would like to ask if what are its risks if ever there may be. Can the previous owner has still the chance to buy back the property to the drawn bidder?
Thank you very much.
The local auction, in Malolos, is this Saturday. Dropped by to wish good weather and God’s blessing to this business!
hi gud day! i have read about your add in rcbc auction and i feel interested in siena villas habay bacoor in cavite which is worth 1,040,000.. i just wanna know if can i give 150k for a down payment? i really need your reply as soon as possible.. thank you!!!
Hi Michelle,
As far as i know, the minimum downpayment for house and lots would be 25% or Php260K. Would this be acceptable to you? Please advice so I can check if this got sold during the auction. Thanks!
do i need to bring 25000php right away prior to attending the auction?
can i join and just watch how the auction works cause it will be my first time?
is there an entrace fee or what ever fee for attending the auction?
please enlighten me. kindly text me for info. Im from malolos.
09273983502
thanks,
Paul
Hi Paul, if you are coming just to observe, I believe you don’t need to bring any show money. Just let the bank officers at the registration desk know that you are very interested, but would want to observe first to familiarize yourself with the process. At the very least, please bring valid ID’s. By the way, you can call in advance and let them know you are coming. Thanks for the inquiry!
Sir Jay,
I have some inquiries to make. My family is thinking of acquiring a property from Bank Foreclosed Properties. What are its risks? Can the previous owner of a certain property still has the option or chance to buy it back from the bank or from us? Considering if we have been paying its monthly installments to the Bank?
Your site is very hepful and very informative indeed. Thank you vert much.
God Speed,
Mich