369 Unionbank Foreclosed Properties available in January 2020 Public Sealed Bidding

Last Updated on by Jay Castillo | Filed under: - 30 Comments

A total of 369 Union Bank foreclosed properties from Metro Manila, Luzon, Visayas, and Mindanao, are included in a public sealed bidding being conducted by the Asset Recovery Group. Deadline of submission of sealed bids will be on January 28, 2020. Details below.


Reminder: 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 last year.

Reminders when buying Unionbank foreclosed properties

View/download list of Unionbank foreclosed properties

The complete list is of Union Bank foreclosed properties included in the sealed bidding can be found below:

If the list does not display properly above, or if you prefer to download the list, you may do so below:

==> Click to download Unionbank foreclosed properties for sealed bidding until January 28, 2020  (PDF)

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

Source: Erickson P. Calapini, Land and Real Estate Sales Staff – Unionbank Asset Recovery Group


What to include when submitting sealed bids

The sealed bid must contain the ff:

  1. Signed Bid Form (click to download a copy)
  2. Signed Bidding Rules (click to download a copy)
  3. Manager’s Check of P20,000 payable to Union Bank of the Philippines

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

Bidding Rules and Guidelines

Here’s a copy of the bidding rules and guidelines for quick reference:

Click here to download a copy


The “fine print”

  • UnionBank may, at anytime, withdraw any of the properties listed above prior to auction.
  • Payment of Creditable Withholding Tax (CWT) is for the Buyer’s account.
  • All winning bidders will be subject to credit checking.
  • MISPRINTS ARE NOT MISREPRESENTATION OF ANY PROPERTY. ALL PROPERTIES FOR SALE ARE ON “AS IS WHERE IS” BASIS.

Past auctions of Unionbank foreclosed properties (Archive)

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Happy hunting!

P.S. The listing above is not yet inside our classifieds database. Uploading for listings in this format takes longer, and I will just upload it if I have time. ~ Jay Castillo



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