Here’s a quick update for Asia United Bank’s foreclosed properties
and repossessed cars, for July 2016. To keep things simple, this update
also includes properties from their subsidiaries. These are Cavite
United Rural Bank, and Rural Bank of Angeles. Details can be found
below.
Listing details
Theseforeclosed properties are for negotiated sale, so interested parties
only need to submit their offers, which are subject to the
evaluation/approval of the management.
Payment terms
- Cash – one time payment upon approval of offer;
- In-house financing –
- Minimum of 20% down payment upon approval of offer;
- 80% balance payable in 5 years at 12% interest per annum
SOURCE: AUB Foreclosed Properties and Repossessed Cars for sale as of July 2016
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