I got this public auction announcement for bank foreclosed properties of Unionbank from my father-in-law. The foreclosed properties for sale are from the Visayas and Mindanao areas.
Image by Storm Crypt via Flickr
I believe this is a great opportunity for those of you who are interested in investing in properties located in Bacolod City, Talisay City (Negros), Iloilo, Cagayan de Oro City, General Santos City, Misamis Oriental, Davao City, and Cebu City. Please refer to the e-mail below for details:
We would like to invite you again, together with your friends and your family members to …
UNIONBANK SPECIAL PUBLIC AUCTION !!!
UnionBank of the Philippines will conduct another half-day Public Auction of real estate properties on April 25, 2009 (Saturday) 9:00 am at the following venues:
Venue: Cebu Country Club
CAGAYAN DE ORO
Venue: UBP Lapasan Branch
Venue: UBP Magsaysay Branch
Venue: UBP Araneta Branch
Just bring PhP 20,000 show money (cash or manager’s check) to qualify to bid for each property. The sale is on “as is where is” basis.
The properties for bidding consist of residential lots, house and lots, townhouses, condominium units, residential buildings, commercial lots, industrial lots, agricultural lots, commercial space, and industrial / commercial warehouses. These properties are available for sale at reasonable prices.
We offer 5% discount on cash sales and affordable credit terms, as follows:
- Downpayment : 10%
- Interest : 13% p.a. fixed for the first 3 years and 15% p.a. fixed for the next 12 years
- Term : 15 yrs. (maximum) thru in-house guaranteed financing for residential properties
We have attached a list of the properties for your reference and dissemination. Should you wish to know more about these properties, please contact:
Kim Unidad – Direct Line (D.L.) 637-1445; Trunkline (T.L.) 892-0011 LOCAL 8372
Doris Padlan – D.L. 638-0125; T.L. 892-0011 LOCAL 8358/8359
Junie Jamero – D.L. 638-0114; T.L. 892-0011 LOCAL 8352
Dong Quinsay – D.L. 638-0092; T.L. 892-0011 LOCAL 8349
Romel De Borja – T.L. 892-0011 LOCAL 8348
Eriq Villaverde – T.L. 892-0011 LOCAL 8373
E-mail Address : email@example.com
We look forward to seeing you at the auction!
Asset Recovery Group