INVITATION TO BID - ARG Foreclosed properties
Have the chance to invest now as Union Bank of the Philippines’ Asset Recovery Group is doing a bidding of 474 properties located in Luzon, Visayas and Mindanao. The flyer, bidding form and bidding rules and regulations can be viewed and downloaded at:
The sealed bid must contain the ff:
Signed Bid Form
Signed Bidding Rules
Manager’s Check of P20,000 payable to Union Bank of the Philippines
Deadline of Submission of Sealed Bids is on March 27, 2020 (Friday) 5:00pm at UnionBank Reception Lobby, UnionBank Plaza, Meralco Ave. cor. Onyx Rd., Ortigas Ctr., Pasig City.
As regards to the procedure on your interest to purchase the said property:
1. It shall be expected that you shall conduct thorough legal and physical due diligence on the property as all properties are being sold on an as is, where is basis. Your due diligence should include a physical inspection of the property as well as verification of property documents;
2. All applicable taxes and expenses in relation to the sale of the property to the Buyer shall be for the Buyer's account, including but not limited to Creditable Withholding Tax, Documentary Stamp Tax, Registration Fee, Transfer Fee, notarial fee, etc.
BID ON YOUR DREAM PROPERTY!
Due to the enhanced community quarantine, you may coordinate with us on how we can collaborate for you to submit your bids. We thank you so much for being with us during these challenging times and please stay safe and healthy.
For more info, please call / MARLON-(027)968-1605 / 09178568198) / ELA-(027)968-0971 / 09178567698 / CHA-(027)585-0249 / 09178348252 / ERICK-09178088648
ARG Sales Team