RCBC Savings Bank will be having another auction of foreclosed properties on June 16, 2012, Saturday, 9:00am, at the 6th Floor, Development Academy of the Philippines building, San Miguel Avenue, Pasig City, Philippines.
This auction includes foreclosed properties from the Luzon and Metro Manila areas.
Notice: Due to personal reasons, I won’t be able to answer inquiries for properties included in this auction. Nevertheless, I am posting it for those who are looking forward to this listing and bidding on June 16th. Please inquire directly with RCBC Savings Bank through the contact details below and don’t forget to let them know you saw their listing through Jay Castillo of www.foreclosurephilippines.com
RCBC Savings Bank foreclosed properties listing (June 16, 2012 auction)
Other forms for buyers:
- RCBC Savings Bank Customer Information Sheet
- RCBC Savings Bank Purchase Proposal Form
- RCBC Savings Bank Requirements for Real Estate Loan
How to inquire and get more details
As stated on the image above, please call RCBC Savings Bank directly through:
Telephone:
- 687-1365
- 555-8700 loc 4449
Email:
Disclosure and disclaimer
All properties are sold on AS-IS-WHERE-IS basis. Properties and prices are subject to change without prior notice. The Bank reserves the right to withdraw any property before auction. Inadvertent misprints shall not alter the property’s factual condition nor shall they be deemed as misrepresentation of the property.
Happy hunting!
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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.
Full disclosure: As stated above, I won’t be able to assist interested buyers for this auction due to personal matters (my wife is currently confined in a hospital and I am taking care of her). This means that even if I am an accredited real estate broker of RCBC Savings Bank, you may contact them directly. Just think of this posting as a form of public service. Thank you for understanding.
Hey Mr. Jay Castillo.I’m kinda interested in one of the foreclosed property in pangasinan. the minimum bid price,was that the actual amount? thankyou
Hi Jay,
I am interested with one of the foreclosed houses listed. When I inquired, however, I was informed that the house has an occupant and if ever I purchase the house, it will be my duty to “evict” the occupants.
My question is, is there a law out there that would help me, in case I pursue the acquisition, “evict” the occupants? Have you had experience before of such situation?
Thanks and looking forward to your reply. More power and God bless.
Jayjay
Hi Jayjay, I believe you will need a “writ of possession” which a sheriff would use to enforce ejectment. I have no first hand experience with ejectment as I would rather avoid occupied properties. I do know that there are other investors out there who have reached a win-win agreement with the former owner, no need for ejectment.