Home » Foreclosed Properties » 273 UCPB Savings Bank Foreclosed Properties Sealed Bidding (Deadline: June 29, 2022)

273 UCPB Savings Bank Foreclosed Properties Sealed Bidding (Deadline: June 29, 2022)

This is an update with several listings of foreclosed properties from UCPB Savings Bank for sealed bidding, and has a total of 273 foreclosed properties for sale. This is courtesy of Romiart Abiad of UCPB Savings Bank. More details below.

Please take note that this list comes from UCPB Savings Bank (USB), which is different from UCPB which has merged with Landbank.

UCPB Savings Bank foreclosed properties listings

For easy searching and filtering, you may view all properties from UCPB Savings Bank list in our foreclosed properties database below:

==> Click here to view searchable list of UCPB Savings Bank Foreclosed Properties (Database)

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.

You may also download the listings from UCPB Savings Bank in PDF format below. (There are 3 separate lists):

==> ucpb_savings_foreclosed_re_pricelist_june_2022_compressed.pdf

==> ucpb-savings-foreclosed-De_Oro_Realty_Properties_june_2022_compressed

==> ucpb-savings-foreclosed-carmel-village-for-sale_june_2022_compressed

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

Requirements

CASH PAYMENT

  1. Letter of intent
  2. 10% reservation fee (may form part of pymt should transaction be approved, refunded w/o interest shld disapproved and forfeited in favor of the bank shld the buyer back out)
  3. 2 valid ids with 3 specimen signatures
  4. CIS
  5. Reservation Agreement Form

Additional requirements if financing

If client is employed

  1. employment certificate
  2. 1 month payslip
  3. Latest ITR
  4. bank statement (latest 3 mos)
  5. proof of billing (meralco, water, cable, etc)

If source of income is business

  1. DTI registration
  2. business permit
  3. AFS/ITR

Forms:

UCPB Savings Bank Bidding Rules and Procedure

Here’s an overview of the bidding rules/process:

1. All properties are sold on an “As is where is” basis.

2. The bank sells only whatever rights and interest it has on the property as of date of the sale. The buyer shall conduct ocular inspection on the property as well as due diligence with appropriate government agencies on the title / tax declaration covering the said property.

3. Interested buyer is required to fill-out the attached bid form / offer to buy / letter of intent and submit the applicable requirements.

4. The bid shall not be lower than the minimum bid price. The bid shall be placed in a sealed and signed on the envelope flap together with a check payable to UCPB Savings Bank, representing payment of earnest money equivalent to at least 10% of the offered price.

5. The earnest money shall form part of the purchase price if the proposal is approved. However, it shall be forfeited in favor of the Bank if the sale is approved but not consummated due to the fault of the buyer. If the proposal is disapproved, the earnest money shall be returned to the offeror without interest.

6. The bank reserves the right to pull out any of the properties from the list, as it deems necessary.

7. Inadvertent misprints shall neither alter the properties factual condition nor be deemed as misrepresentation of the property.

Bids may be placed at the drop box or send via registered mail addressed to:

Mr. Romart Abiad

Special Asset Management Department

2nd floor, UCPB Savings Bank Extension Office

106 Neptune St. Kalayaan Avenue corner Makati Avenue, Makati City

Winston L. Barrias

Special Asset Management Department

2nd floor, UCPB Savings Bank Extension Office

106 Neptune St. Kalayaan Avenue corner Makati Avenue, Makati City

Deadline on submission of sealed bids is until June 29, 2022 at 12:00 PM. The opening of the bids shall immediately follow at 1:00 PM.

Source: Romart Abiad – Property Assistant, Special Assets Management Department, Asset Recovery and Management Division, UCPB Savings Bank, Inc.

Contact Info

For inquiries, please call (8:30 AM – 5:30 PM, Monday to Friday) the following:

  • Romart Abiad at 09634766824 or email at RIAbiad@upbsavings.com
  • Rolando D. Tutanes Jr at 0998-8509042 or email at RDtutanes@ucpbsavings.com
  • Winston L. Barrias at 09188119864 or email at WLBarrias@ucpbsavings.com
  • Customer Assistance and Management Center (CAMU) at 0998-5919006 or email at USB-CAMU@ucpbsavings.com

Disclaimer

Note:

THE PROPERTIES ARE BEING SOLD ON AN “AS IS WHERE IS BASIS“. PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE.

UCPB SAVINGS BANK MAY, AT ANY TIME, WITHDRAW ANY OF THE PROPERTIES LISTED ABOVE WITHOUR PRIOR NOTICE.

MISPRINTS ARE NOT MISREPRESENTATION OF ANY PROPERTY.

Source: Romart Abiad – Property Assistant, Special Assets Management Department, Asset Recovery and Management Division, UCPB Savings Bank, Inc.

Full disclosure

Nothing to disclose. We have stopped brokering foreclosed properties at the moment, so please contact UCPB Savings Bank directly to inquire. Thank you for understanding!

For real estate brokers/sales persons who want to market these properties, please contact UCPB Savings Bank directly using the contact info above.

Please feel free to share this listing to your friends and associates.

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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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