Visayas and Mindanao foreclosed properties for sale in UnionBank’s 182nd Special Public Auction

Last Updated on November 8, 2012 by Jay Castillo | Filed under: - 3 Comments

UnionBank’s 182nd Special Public Auctions of foreclosed properties shall be held on March 17, 2012, Saturday, 9:00am, in Bacolod City (Business INN, Lacson Street), Cebu City (Cebu Country Club), Cagayan De Oro City (The VIP Hotel, Don Apolinar Velez Street), and Davao City (Tower Inn, E. Quirino Avenue). These auctions shall be held simultaneously.

Interested bidders only need to bring Php 20,000 show money in the form of cash or manager’s checks to qualify to bid per foreclosed property. All properties are for sale on an “as is where is” basis so don’t forget to do your due diligence BEFORE making a bid during the auction.

Payment terms

Aside from cash purchases (which will get a 5% discount), UnionBank still offers their “new and improved” payment terms below:

  • Minimum downpayment: 10% of the Selling Price (6 months to pay at zero interest)
  • Interest: Only 11% per annum (fixed for 15 years)
  • Term: 15 years (maximum) thru in-house guaranteed financing

Download the complete listing of foreclosed properties

Just click on the image below to view the complete listing, then you can right-click and “save as…” to download.

Unionbank forclosed properties 182nd Special Public Auction VISMIN
UnionBank forclosed properties for their 182nd Special Public Auction (VISMIN) - JPG

For more details, please contact:

  • LANCE: 637-1445 or 667-6388 local 8362
  • ERIQ: 638-1445 or 667-6388 local 8373
  • DORIS: 638-0125 or 667-6388 local 8358
  • RAP: 667-6388 local 8364
  • RONALD: 637-1445 or 667-6388 local 8372
  • GEL: 667-6388 local 8374

Don’t forget!

Commercial properties are subject to credit approval

CWT is for the account of the buyer

The sale is on an “as is where is” basis

Misprints are not misrepresentation of any property

UnionBank may, at anytime, withdraw any of the properties listed above prior to auction

Happy hunting!


To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker License No. 3194 
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.

P.S. – I attended UnionBank’s 181st auction and I would like to thank all of those who attended and everyone I met during the auction. Thank you also to Lance and Ronald and everyone from UnionBank for the warm reception! I will make a “post auction report” in another post. Please watch for it!



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