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69 SSS Foreclosed Properties for sale in September-2022 listings

As of September 13, 2022, a total of 69 SSS foreclosed properties are available for negotiated sale. Details below.

SSS summary of updates for September-2022

  • The SSS published this list sometime after September 4, 2022 on their website (although, the list says it was updated last August 31). I checked last September 4 and found the old list, and I only checked again last September 13. Sorry for the delay in uploading this, I was already working on the updates from BFS and Pag-IBIG. 🙁
  • I compared the new with the old list and found 23 newly listed properties.
  • In total, there are 69 SSS foreclosed properties in their listing for September-2022.

~ Jay Castillo

Note: This list has no occupancy status

I just want to point out that the list of SSS foreclosed properties does not have any occupancy status.

To find out if a property has illegal occupants (or not), you will have to call the SSS contact person and ask.

Remember, If you decide to buy an occupied property, you will have to eject the illegal occupants and shoulder all related expenses. 🙁

As usual, we do not recommend buying occupied properties even if SSS offers a 10% discount on the purchase price for the successful eviction of illegal occupants (more on this below).

View list of SSS foreclosed properties (Database)

To view all SSS foreclosed properties with easy searching and filtering, access them all through our “Foreclosed Properties Database” below:

==> Click here to view searchable list of SSS Foreclosed Properties (Database)

Too few properties to choose from? See below…

Download the list of SSS foreclosed properties (PDF)

You may also view the list of SSS foreclosed properties in PDF format below.

==> Click to download SSS foreclosed properties listing (PDF)

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

Search our foreclosed properties database…

Wait, there’s more! You can also search from over 20,000 foreclosed properties in our database that includes multiple banks and lending institutions that have foreclosed properties for sale. Quickly search using the link below:

==> Click for foreclosed properties database

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.

How to buy/avail SSS foreclosed properties

  1. Contact SSS directly for property availability and other details/requirements
  2. Do your due diligence (inspect property, check documents, etc.)
  3. Choose your preferred payment terms
  4. Submit offer and requirements as instructed by SSS

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

Payment Terms

This is the latest info I got from the SSS:

  • Minimum Downpayment:
    • For PHP 500,000 and below – Minimum of 5% of purchase price
    • For above PHP 500,000.00 – Minimum of 10% of purchase price
  • Interest rates (for installment payment)
    • 6% – 1 to 5 years installment term
    • 7.5% – 6 to 10 years installment term
    • 9% – 11 to 15 years installment term
  • Discounts:
    • 10% discount on purchase price for cash purchase
    • 10% discount on purchase price for successful eviction of illegal occupant for occupied properties.
  • Payment terms: Up to fifteen (15) years at 9% interest per annum (Note: interest rates can be lower if payment term is shorter, see above)

Note: You might be thinking about the additional 10% discount if a property is occupied. Before you decide, please remember that ejecting the occupants is not for the faint-hearted, which is why we recommend to move-on to other available properties if the property you are interested in turns out to be occupied.

Reminders

All foreclosed properties are for sale on an “as is where is basis”. Property availability and prices are subject to change without prior notice. All offers are subject to approval by management. Misprints shall not be construed as misrepresentation of the property.

Who to contact for more information

For more details, please contact the designated contact person that handles the region where a foreclosed property is located.

I also added links to the list of foreclosed properties per region for easy reference, see below.

National Capital Region (16 foreclosed properties)

  • Contact Person: Mr. Antonio A. Salamat, Jr. / Ms. Angelica Fullero
  • Telephone: (02) 8709-7198 locals 5123/5430
  • E-mail Address: salamataa@sss.gov.ph / fulleroa@sss.gov.ph
  • Address: 12th Floor, SSS Building, East Ave., Diliman, Quezon City

Central Luzon (25 foreclosed properties)

  • Contact Person: Engr. Mylene Nonette Zamora
  • Telephone No.: (045) 982-3541
  • Email Address: zamoramm@sss.gov.ph
  • Address: SSS Bldg., Macabulos Drive, San Vicente, Tarlac City

Southern Luzon (5 foreclosed properties)

  • Contact Person: Engr. Evangeline B. Rivera
  • Telephone: (049) 562-0324 / 562-0831
  • E-mail Address: riveraeb@sss.gov.ph
  • Address: 2F SSS Building, Balagtas Blvd cor. M. Paulino St., San Pablo City

Central Visayas (1 foreclosed properties)

  • Contact Person: Mr. Leon C. Gelera Jr.
  • Telephone: (032) 505-9301 to 10 loc. 250
  • E-mail Address: geleralc@sss.gov.ph
  • Address: SSS Bldg., Osmena Boulevard, Cebu City

Western Visayas (14 foreclosed properties)

  • Contact Person: Engr. Antonio G. Wong Jr.
  • Telephone: (034) 434-8991
  • E-mail Address: wongag@sss.gov.ph
  • Address: 3rd Floor SSS Bldg., 2nd Lacson St., Bacolod City

Northern and Western Mindanao (2 foreclosed property)

  • Contact Person: Ms. Marianne Jane F. Angeles
  • Telephone: 0935-051-3346
  • E-mail Address: angelesmf@sss.gov.ph
  • Address: Annex Bldg., SSS Compound, Carmen, Cagayan de Oro City

Southern Mindanao (6 foreclosed property)

  • Contact Person: Mr. Joseph G. Codilla/ Mr. Renzo Ben A. Lim
  • Telephone: (082} 221-34-93 /  221-3575 /  221-3536
  • E-mail Address: codillajg@sss.gov.ph/limra@sss.gov.ph
  • Address: SSS Bldg., J.P. Laurel Avenue, Bajada, Davao City

Full disclosure

Nothing to disclose, we are not accredited real estate brokers of SSS, and we are just sharing this to everyone who might be interested in SSS foreclosed properties.

Source: SSS Official website

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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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