As expected, another auction of UnionBank foreclosed properties will be happening this coming April 30, 2011, Saturday, at the Conference Room No. 3, 29th floor, UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. This is their 168th Special Public auction of foreclosed properties.
Interested bidders just need to bring Php20,000 show money in the form of cash or manager’s checks to qualify to bid for each property.
The foreclosed properties for sale through public auction include residential lots, house and lots, townhouses, condominium units, residential buildings, commercial lots, industrial lots, agricultural lots, commercial space, and industrial / commercial warehouses.
UnionBank also offers a 5% discount on cash sales. Nice!
Installment terms are also available 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 |
168th Special Public Auction of UnionBank foreclosed properties
Source: Lance Yadao of UnionBank
As you can see, most of the foreclosed properties on the list are from the Metro Manila area. Just download the flyer above to get the complete list of properties for sale from UnionBank.
For more details
To get more details, please directly contact the following:
| LANCE: | 637-1445 or 667-6388 local 8362 |
| ERIQ: | 638-1445 or 667-6388 local 8373 |
| DORIS: | 638-0125 or 667-6388 local 8358 |
| MARK: | 667-6388 local 8349 |
| RAP: | 667-6388 local 8364 |
| RONALD: | 637-1445 or 667-6388 local 8372 |
| OYO: | 667-6388 local 8369 |
| GEL: | 667-6388 local 8374 |
Happy hunting!
To our success and financial freedom!
Jay Castillo
Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines facebook page
Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.
PS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Mailbox getting full? Subscribe through my RSS Feed instead!
Full disclosure: Nothing to disclose.
hey! are the properties put up for auction by union bank clean of any court cases? if you purchase these properties you don’t have to worry about someone claiming the property in the future?
sorry for the late reply to your comments.
once again, i would like to thank all of those who attended the unionbank special public auction last 30 april 2011. it is a very productive one. thank you FORECLOSURE PHILIPPINES for making it possible through information dissemination.
we are reminding those interested investor-bidder to please come on time for we are starting the auction at 9:00 AM.
thank you, sir jay!
Hi Lance, I’m more than glad to help. Thanks you also for sending us your lists! By the way, I have just posted the details for UnionBank’s 169th special public auction. 🙂
can we see visit any union bank branch?
hi, you can visit any unionbank branch for the hard copy of flyers/list. for your convenience visit http://www.unionbankph.com (click SHOP).
you can contact us directly at 637 1445.
thank you.
hi!
just want to ask about the foreclosed property, what if we will going to pay for the 10% downpayment, do we still need to attend the auction? what will be the requirements/ documents needed for the foreclosed property?
mr. gary:
good day!
you still need to attend the auction for it is the easiest way to acquire the property.
now, since the auction is done, you can submit offer to buy if the property you are interested to is still available and it will be subject for approval.
you can contact us at 637 1445 or visit http://www.unionbankph.com (click SHOP) for the list of properties for sale.
thank you.