preowned house and lot in caloocan city

BDO Foreclosed RESIDENTIAL – HOUSE & LOT – Lot 5, Psd-00-067352, Majorca St., Sienna Villas Subdivision, Brgy. 171 / Bagumbong, Caloocan City (Lot Area: 55.00 sqm; Floor Area: 65.00 sqm)

This property is included in the latest list of BDO foreclosed properties that are for negotiated sale, updated as of 2024-February-01. More details below.

Property details

• Property Source: Banco De Oro (BDO)

• Property Type: RESIDENTIAL – HOUSE & LOT

• Vicinity: Caloocan, Metro Manila

• Property Address: Lot 5, Psd-00-067352, Majorca St., Sienna Villas Subdivision, Brgy. 171 / Bagumbong, Caloocan City

• Lot Area (sqms.): 55.00

• Floor Area (sqms.): 65.00

• Indicative Price (Php): 2,328,100.00

NOTE:

1. Prices are subject to change without prior notice.

2. Sale is “as-is-where-is” basis

3. Buyers are advised to conduct site inspection and due diligence on the properties.

4. Reconnection or new application of utilities (electric and water) will be the responsibility of the Buyer. Any arrears will be settled by the Bank.

5. FFE’s inside the unit (if any) will be for pull-out.

6. Please call to confirm availability of property/ies.

Do your due diligence

If you are seriously interested in a property/ies, you should do your due diligence (inspect the properties, verify the title/tax declaration, check what are the taxes and fees you will shoulder as the buyer, etc.). We recommend that you do the inspection personally. If you’re abroad, you can ask a trusted relative do the inspection for you, but I still recommend that you come home at least once to personally inspect the property yourself, before submitting an offer.

Choose your payment terms

Here are the available terms of payment from BDO:

• A. Cash Basis

  • 5% Reservation Fee: check payable to BDO Unibank Inc. to be deposited upon approval of offer

  • 95 % balance: shall be paid within fifteen (15) days upon approval of offer.

  • B. Installment/In-house Financing

    • 5% Reservation Fee: check payable to BDO Unibank Inc. to be deposited upon approval of offer

    • 15% downpayment: payable within fifteen (15) days upon notice of approval of offer.

    • 80% Balance – Payable on a monthly basis at terms of 5 years with 10% interest per annum – with refinancing option through BDO Home Loan

Submit an offer

Note:* Offers are now received on a “first come first served basis”. This is the new sales process as of June 1, 2021. In the past, if a property gets multiple offers, there will be a bidding. Now, whoever made the first offer will get processed and can end up as the winning offer if it gets approved (no need to go through a bidding).*

If the property/ies you are interested in pass your due diligence, you can go ahead and submit an offer, inclusive of the 5% reservation fee. Call BDO directly to get all details and complete list of forms and requirements.

Wait for your offer to get approved/disapproved

a. If your offer was approved, your 5% reservation fee becomes part of the downpayment, and BDO will assist you with finalizing the purchase. You need to choose between cash payment (usually due in 30 days after notice of approval), in-house financing, or bank loan (you need to finalize your downpayment amount/ years to pay for the balance and interest rate, submission of requirements, contract signing, when you can move-in, etc.)