Unionbank Public Auction – December 13, 2008

Last Updated on by Jay Castillo | Filed under: - 0 Comments

Unionbank shall be having a special public auction of foreclosed properties on December 13, 2008, Saturday, 9:00am, at the Delas Alas Room, 2nd floor, Philippine Columbian Sports Club, Plaza Dilao, Paco, Manila, Philippines.

Areas covered are Paranaque, Makati, Las Pinas, Mandaluyong, Quezon City, San Juan, Antipolo, Caloocan, Pasay, Bulacan, Cavite, Laguna, and Rizal.

I wish I could just direct you to Unionbank’s website to get their listing of foreclosed properties for sale but I notice that they rarely post their listings and the webpage is often undergoing maintenance. Anyway, you may download a scanned copy of the listing below.

Download the Unionbank Special Public Auction Listing Here!

Only 10% Downpayment is  required.

Interest rates are at 13% per annum fixed for the first 3 years, and 15% per annum fixed for the next 12 years.

It may appear that the interest rates are quite high compared to other auctions but take note that these are fixed, meaning these will not be affected by the next global financial crisis.

Happy Hunting!


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Jay Castillo

A lot of people encounter problems and challenges when buying real estate like foreclosed properties. I encountered a lot of challenges myself, which is why I started this blog in 2008 to serve as a guide where I share lessons learned, and how to overcome challenges with real estate investing in the Philippines … [Read more]
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