Visayas And Mindanao Foreclosed Properties For Sale At Unionbank’s 136th Special Public Auction – April 25, 2009

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.


Mid-Afternoon over Mindanao SeaImage 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:

Fellow UNIONBANKERS:

Greetings!

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:

CEBU
Venue: Cebu Country Club

CAGAYAN DE ORO
Venue: UBP Lapasan Branch

DAVAO
Venue: UBP Magsaysay Branch

BACOLOD
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 : epvillaverde@unionbankph.com

We look forward to seeing you at the auction!

Thank you.
ERIQ VILLAVERDE
Sales Officer
Asset Recovery Group

Download Unionbank’s listing of bank foreclosed properties for Visayas/Mindanao here!

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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] Get more from Jay : Facebook | Google+ | Twitter | LinkedIn
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