71 Security Bank Foreclosed Properties For Sale (July 2022)

Here’s the latest Security Bank Foreclosed Properties listings in their nationwide list for July 2022. Refer to details below.

Security Bank foreclosed properties for negotiated sale 2022

Keep in mind that these properties form Security Bank are for negotiated sale.

They are NOT for public auction!

Interested buyers only need to submit their offers. Prices are negotiable, subject to management approval, and are also subject to change w/o prior notice.

As usual, these are all for sale on an “as is, where is” basis.

List of Security Bank Foreclosed Properties

For easy searching/filtering, browse all Security Bank foreclosed properties inside our foreclosed real estate database.

==> Click for all Security Bank foreclosed properties inside our database

The source of this list is Security Bank’s Official Website as retrieved on July 14, 2022.

Alternately, you may also download a copy of the Security Bank foreclosed properties list in PDF format below:

==> Click Security Bank foreclosed properties list (PDF)

Foreclosed properties at reduced prices

I noticed that there are a few properties in Security Bank’s list that have reduced prices and you can see them all using the button/link below:

==> Security Bank foreclosed properties at reduced prices

How to buy foreclosed properties from Security bank avail (Summary)

  1. Choose your preferred property from the list of foreclosed properties from Security Bank.
  2. Contact Security Bank directly for property availability and other details you need.
  3. Do your due diligence (inspect property, check documents, etc.).
  4. Make an offer on your desired property with your preferred price and terms. (Click here for Offer Letter)
  5. Wait for confirmation if your offer has been approved or not.
  6. Provide payment – If your offer is approved, you can proceed with the payment. Note: For Cash Sales, you need to provide payment within 5 banking days upon notification.

(* The above is just a summary, please contact Security Bank directly for more details. Contact info can be found below)

Security Bank Contact Info

To inquire, you should contact Security Bank DIRECTLY!

Please refer to contact info below:

PROPERTY MANAGEMENT DIVISION, 15/F SBC Centre, 6776 Ayala Avenue, Makati City

Telephone. Nos. 8888-7350 to 52; Fax – 8867-6796;

E-mail: RNadonza@securitybank.com.ph; JBalneg@securitybank.com.ph

Website: https://www.securitybank.com/personal/loans/repossessed-assets/properties-for-sale/

For inquiries and comments, please call Security Bank’s 24-Hour Customer Service Hotline at (632) 88-791-88 or email customercare@securitybank.com.ph. Security Bank Corporation is supervised by Bangko Sentral ng Pilipinas with telephone number (632)708-7087 and email address: consumeraffairs@bsp.gov.ph

Source: https://www.securitybank.com/wp-content/uploads/2022/07/PROPERTIES-FOR-SALE-JULY-2022.pdf

Alternately, here are the contact info available from Security Bank’s page about foreclosed properties:

Ranilo Nadonza
☎ (632) 888-7352
☎ 09189068380
✉ rnadonza@securitybank.com.ph

Chrisline Balute
☎ 632) 867-6788 local 8995
☎ 09985825800
✉ cbalute@securitybank.com.ph

Source: https://www.securitybank.com/personal/loans/repossessed-assets/properties-for-sale/

The “Fine Print” – Please read!

“1. Sale is on “As Is Where Is” Basis.

2. CWT Equivalent to 6% of approved price of bank shall be for the Bank’s account. All other expenses shall be for Buyer’s account.

3. Discounted Sale are subject to Bank’s approval.

4. In case of more than one offer, the bank will conduct sealed bidding of offers. SBC Reserves the right to reject any or all offers/bid.

5. Applicable Referral Fee:

Regular Price Properties:

Commission for Licensed Broker:

▪ 5% based on Total Approved Price valued at 3 Million and below
▪ 3% based on Total Approved Price valued above 3 Million

Agent’s Referral Fee:

▪ 2.5% based on Total Approved Price

6. Only Brokers/agents duly recognized by Buyer in writing or indicated in the form are entitled to commission.

7. All offers must be submitted with Buyer’s Info Sheet with documentary requirements.

All offers are subject to management approval. Availability, status and condition of the property/unit are subject to change without prior notice. Sale is under the “As is, where is” condition and that once an offer has been submitted, the client acknowledges that he/she has conducted due diligence on the property/unit and has accepted the physical and legal conditions of the property/unit.”

Source: Security Bank Official Website

Can I sell Security Bank foreclosed properties as a real estate broker/agent and other FAQ’s

1. Can I sell Security Bank foreclosed properties as a real estate broker/agent?

Answer: Yes you may! As stated in the “Fine Print” on the listing, it says the following:

“5. Applicable Referral Fee:

Regular Price Properties:

Commission for Licensed Broker:
▪ 5% based on Total Approved Price valued at 3 Million and below
▪ 3% based on Total Approved Price valued above 3 Million

Agent’s Referral Fee:
▪ 2.5% based on Total Approved Price

6. Only Brokers/agents duly recognized by Buyer in writing or indicated in the form are entitled to commission.”

For real estate brokers/sales persons who want to market these properties, please contact Security Bank directly for accreditation requirements.

If you have more questions about Security bank foreclosed properties, please leave a comment below. However, if you want to inquire about any of the foreclosed properties on the list, you should contact Security Bank DIRECTLY (See contact info above)!

Want more foreclosed properties?

These foreclosed properties from Security Bank are quite few, so if you want more foreclosed properties, check out our foreclosed real estate database with over 20,000 foreclosed properties…

Search for more foreclosed properties in our database…

You can also search from over 30,000 foreclosed properties in our database.

This includes other banks and lending institutions that have foreclosed properties for sale.

Use this to quickly search for all foreclosed properties in a subdivision, village, condominium project, city, etc.

==> Click for advanced foreclosed properties search

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 inside our database, grouped by Province/ City, on this page:

==> Click to browse all foreclosed property locations

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

Full Disclosure

Nothing to disclose. We are not selling these foreclosed properties from Security Bank even if we are licensed real estate broker. We have stopped selling foreclosed properties as brokers, which means we cannot provide broker assistance. You should contact Security Bank directly to inquire. Thank you for understanding!

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