Home » Foreclosed Properties » 856 Unionbank Foreclosed Properties in December 3, 2021 Sealed Bidding

856 Unionbank Foreclosed Properties in December 3, 2021 Sealed Bidding

A total of 856 Union Bank foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao, are included in a public sealed bidding being conducted by the Unionbank Asset Recovery Group. Details below.

View Unionbank Foreclosed Properties (Database)

For easy searching/filtering, I uploaded the list of Unionbank foreclosed properties inside our foreclosed real estate database.

==> View searchable list of Unionbank Foreclosed Properties (Database)

If you prefer to download the list in PDF format, see below.

Download the list of Unionbank foreclosed properties for sealed bidding

(If the PDF list does not display properly in your web browser, just download a copy below)

==> Download Unionbank Foreclosed Properties List (PDF)

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

Source: Unionbank Website

Search for more foreclosed properties

Wait, there’s more! You can also search from our database that includes other banks and institutions that have foreclosed properties for sale.

Foreclosed properties database

To quickly search for all available foreclosed properties that include other banks/ institutions, visit our Foreclosed Properties Database linked 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.

Union Bank requires credit checking

Just wanted to remind everyone that Union Bank requires credit checking for all their buyers, as stated in the fine print, and also on the slide below, which I got during an event hosted by Union Bank for accredited real estate brokers.

Reminders when buying Unionbank foreclosed properties

Payment terms: Cash basis only

It appears the only payment term available for this sealed bidding is cash basis only, according to the bidding rules. The good news is, cash buyers will get a 5% discount as indicated in the bidding rules (see below for more details).

Contact Info for UNIONBANK ASSET RECOVERY GROUP

For more info, please call / ELA-(027)968-0971 / 09178567698 / BUTCH-09178276558 / DENIS-09178301580

E-mail us at argsales@unionbankph.com.

Visit our website at www.unionbankph.com/foreclosed-announcement-downloadable

Source: Flyer RE Auction 120321

Sealed Bidding Details and Important reminders

  • Deadline for submission of bids: December 03, 2021 (Friday, 5:00 PM)
  • How to submit bids: Submit online via email: ARGsales@unionbankph.com
PLEASE SUBMIT YOUR ACCOMPLISHED BIDDING FORMS, BIDDING RULES, AND VALIDATED DEPOSIT SLIP VIA EMAIL: ARGSALES@UNIONBANKPH.COM NOT LATER THAN December 03, 2021 (Friday, 5:00 PM).

———

CWT IS FOR THE ACCOUNT OF THE BUYER. JUST DEPOSIT THE P20,000.00 SHOW MONEY AT ANY UNIONBANK BRANCH NEAREST YOU TO QUALIFY TO BID FOR EACH PROPERTY. CASH OR MANAGER’S CHECK TO BE DEPOSITED TO:
  • ACCOUNT NUMBER: 1906322505001144
  • ACCOUNT NAME: UNIONBANK OF THE PHILIPPINES

Please refer to Bidding Rules and Regulations for more info.

What to include when submitting sealed bids

The sealed bid must contain the following:

  1. Signed Bid Form
  2. Signed Bidding Rules
  3. Validated deposit slip for the Php20,000 show money

For more info, please refer to the bidding guidelines below.

UnionBank Bidding Rules, Guidelines, Requirements

Here’s a copy of the bidding rules and guidelines, plus other related forms for quick reference (these are direct links to the files on UNIONBANK’s WEBSITE):

If you have questions, you may contact UnionBank directly.

Reminders

1 ) UnionBank may, at anytime, withdraw any of the properties listed bove prior to auction.

2 ) Office Hours: 08:30 am to 05:30 pm (Monday to Friday).

3 ) Payment of Creditable Withholding Tax (CWT) is for the Buyer’s account.

4 ) All winning bidders will be subject to credit checking.

5 ) LA – Lot Area

6 ) FA – Floor Area

MISPRINTS ARE NOT MISREPRESENTATION OF ANY PROPERTY.

Full disclosure

Nothing to disclose. While we are accredited licensed real estate brokers with Unionbank, we have stopped brokering foreclosed properties at the moment, so please contact Unionbank directly to inquire. We are sharing this as a public service announcement to all our readers and subscribers. Thank you for understanding!

Happy hunting!

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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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Tired of looking for foreclosed property listings from banks and financial institutions?

Here's the solution...

WE FIND LISTINGS OF FORECLOSED PROPERTIES SO YOU DON'T HAVE TO!

Join over 100,000 smart real estate investors who receive updated foreclosed property listings, public auction schedules, and real estate investing tips via email, it's free!

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