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Repossessed houses for sale through sealed bidding

Interested in buying repossessed houses for sale through sealed bidding? Why not participate in the BPI Buena Mano Property Sales and Leases’ sealed bidding of repossessed houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business Park, Cebu City. All Bidders will be notified of the results.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the following business centers:

Bacolod Business Center

  • Bacolod City
  • Pontevedra
  • Talisay City

Cebu Business Center

  • Catbalogan
  • Cebu City
  • Lapu-Lapu
  • Tacloban

Iloilo Business Center

  • Aklan
  • Capiz
  • Iloilo

Cagayan De Oro Business Center

  • Cagayan De Oro
  • Iligan
  • Misamis
  • Pagadian

Davao Business Center

  • General Santos
  • Cotabato

Naga Business Center

  • Camarines Sur
  • Camarines Norte
  • Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed bidding.

(Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the right questions and then visit the foreclosed property if warranted. If the deal and the numbers make sense, then just fill-out the bid form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center, Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers near you. Do remember that only bids using the official bid form are valid. Call the hotlines below to get the form:

  • Bacolod (034) 434-6524
  • Cebu (032) 231-3071
  • Iloilo (033) 337-4458
  • Cagayan De Oro (08822) 729-469
  • Davao (082) 235-3559
  • Naga (054) 811-1042
  • Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com

You may also visit their website: http://www.e-buenamano.com

Before bidding on any of the repossessed houses, read the “fine print” below:

  • Seller reserves the right to withdraw any property from the bidding block prior to opening of bids
  • Seller reserves the right to reject any or all bids as it may find necessary without the obligation to disclose its reason for such action.

Happy hunting!

—–

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Social Network: http://foreclosurephilippines.ning.com
Mobile: +639178843882
E-mail: ph.investor@gmail.com

Text by Jay Castillo. Copyright © 2009 All rights reserved.
P.S. – If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

Bank repossessed houses for sale through sealed bidding

Interested in buying bank repossessed houses for sale through sealed bidding? Why not

participate in Buena Mano Property Sales and Leases’ sealed bidding of bank repossessed

houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the

following business centers:
Bacolod Business Center
Bacolod City, Pontevedra, Talisay City,

Cebu Business Center
Catbalogan, Cebu City, Lapu-Lapu, Tacloban,

Iloilo Business Center
Aklan, Capiz, Iloilo,

Cagayan De Oro
Cagayan De Oro, Iligan, Misamis, Pagadian,

Davao Business Center
General Santos, Cotabato,

Naga Business Center
Camarines Sur, Camarines Norte, Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed

bidding. (Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the

right questions and visit the property if warranted. If the deal makes sense then just fill-out the bid

form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center,

Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers

near you. Do remember that only bifs using the official bid form are valid. Call the hotlines below

to get the form:

Bacolod (034) 434-6524
Cebu (032) 231-3071
Iloilo (033) 337-4458
Cagayan De Oro (08822) 729-469
Davao (082) 235-3559
Naga (054) 811-1042
Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com
you may also visit their website: http://www.e-buenamano.com

Before bidding on that repossessed house, read the fine print below
Seller reserves the right to withdraw any property from the bidding block prior to opening of bids
Seller reserves the right to reject any or all bids as it may find necessary without the obligation to

disclose its reason for such action.
Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center

Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business

Park, Cebu City. All Bidders will be notified of the results.Bank repossessed houses for sale through sealed bidding

Interested in buying bank repossessed houses for sale through sealed bidding? Why not participate in Buena Mano Property Sales and Leases’ sealed bidding of bank repossessed houses. Deadline for submission of bids is on September 21, 2009, 5:30pm.

This sealed bidding of repossessed houses includes provincial foreclosed properties from the following business centers:

Bacolod Business Center

Bacolod City, Pontevedra, Talisay City,

Cebu Business Center

Catbalogan, Cebu City, Lapu-Lapu, Tacloban,

Iloilo Business Center

Aklan, Capiz, Iloilo,

Cagayan De Oro

Cagayan De Oro, Iligan, Misamis, Pagadian,

Davao Business Center

General Santos, Cotabato,

Naga Business Center

Camarines Sur, Camarines Norte, Albay

Click here to get Buena Mano’s complete listing of repossessed houses for sale through sealed bidding. (Source: Philippine Daily Inquirer, August 19, 2009 issue, page A6)

After shortlisting the repossessed houses you might be interested in, you just have to ask the right questions and visit the property if warranted. If the deal makes sense then just fill-out the bid form and send your bid to Property Sales and Leases, G/F Tower 2, The Enterprise Center, Paseo de Roxas corner Dela Rosa Street, Makati City, Philippines or any of the business centers near you. Do remember that only bifs using the official bid form are valid. Call the hotlines below to get the form:

Bacolod (034) 434-6524

Cebu (032) 231-3071

Iloilo (033) 337-4458

Cagayan De Oro (08822) 729-469

Davao (082) 235-3559

Naga (054) 811-1042

Makati (02) 845-5800

Or send an e-mail to askpms@gmail.com

you may also visit their website: http://www.e-buenamano.com

Before bidding on that repossessed house, read the fine print below

Seller reserves the right to withdraw any property from the bidding block prior to opening of bids

Seller reserves the right to reject any or all bids as it may find necessary without the obligation to disclose its reason for such action.

Opening of sealed bids will be on September 24, 2009 at 2:30PM at the Cebu Business Center Office, 3rd floor, Ayala FGU Center Cebu, Mindanao Avenue, cor Biliran Street, Cebu Business Park, Cebu City. All Bidders will be notified of the results.

Photo of author
About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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Leave a Comment

25 thoughts on “Repossessed houses for sale through sealed bidding”

  1. H I’m interested on buying a house in Bacolod ,Cebu or dumaguete pls ,..mga 500 to 1.5 lng LNG if meron….pls let me know..land the datails of payments as well.pls send me a broucher ,thanks

    Reply
  2. hi,
    just wanted to enquire house and lot properties in bacolod city, do you have any available, as im planning to buy one, i have view some in internet site e.g. sulit .com but at times much more expensive due to broker prices… so i thought it would be better prices those that are foreclosed properties thanks hope you could help
    phoebe

    Reply
  3. Hello Jay,

    I’m looking for a forclosed residential lot for sale near Mindanao Avenue for my grandmother and mother. Would you know any reposessed property for sale? I’ve been looking around for an affordable property but still with no luck. We would really appreciate whatever advise you can give us. Thanks so much!

    Reply
  4. Hi, I am looking for farm lot near nabas or malay, aklan. do you know any for sale lot there? contact me at 09394493294.

    engr. e. de leon

    Reply
  5. hi jay,thanks for the answer on my first inquiry.i have another question.someone is selling their residential lot to me at a very good price but the problem is the title is still under their mom and was not able to transfer the title to him or any of his siblings before their mom died months ago.he told me that all of them (4 children)agreed to just sell the lot since they needed to pay the debt/money used when their mom was hospitalized before.as per the price of the lot i know its really really good but what about the process like in this case?is it a good decision for me to buy it?and as per this case,can u give me an idea and advice about it?what do u think would be the problem if i go ahead in buying this lot?is it enough that all of them ( the 4 siblings )can just sign the deed of sale so they can legally sell it?or is there any other legal procedures for cases like this.anyway,the husband(their father has already passed away also long time ago)…is property automatically goes to the kids if there is no last testament given?pls enlighten me with this.thank u so much jay.i really appreciate ur help.

    Reply
  6. hi i just wanna ask mas okay ba bumili ng mga foreclosure properties than sa bago.kase i was thinking to buy a residential lot under sta lucia property sa quezon city…i want an advice kung mas makakamura ba talaga pag yung mga naforeclosed ng bank ang bibilhin?thank u.

    Reply
    • Hi Mar,

      Thanks for dropping by and for your question. Yes, foreclosed properties are definitely cheaper than new as the bank usually only needs to recover the unpaid loan to them, which is at least 20% lower than the market value of a property (normally kasi 20% is the minimum equity banks require for loans on real estate). In your case, if you intend to buy a lot, it would be very easy to verify the price as you just need to compare the current selling price per square meter with the price of foreclosed lots in the same area.

      Just let me know if you need further clarifications. Thanks for visiting!

      Reply
      • hi jay,thanks for the answer on my first inquiry.i have another question.someone is selling their residential lot to me at a very good price but the problem is the title is still under their mom and was not able to transfer the title to him or any of his siblings before their mom died months ago.he told me that all of them (4 children)agreed to just sell the lot since they needed to pay the debt/money used when their mom was hospitalized before.as per the price of the lot i know its really really good but what about the process like in this case?is it a good decision for me to buy it?and as per this case,can u give me an idea and advice about it?what do u think would be the problem if i go ahead in buying this lot?is it enough that all of them ( the 4 siblings )can just sign the deed of sale so they can legally sell it?or is there any other legal procedures for cases like this.anyway,the husband(their father has already passed away also long time ago)…is property automatically goes to the kids if there is no last testament given?pls enlighten me with this.thank u so much jay.i really appreciate ur help.

        Reply
  7. At last this there’s listing for Cebu. Thanks a lot for this Jay. been reading your blogs quite a month already. Great blessings are here.

    God bless you more!

    Joseph

    Reply
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