HOW TO BUY FORECLOSED HOUSE AND LOTS FROM BANGKO SENTRAL NG PILIPINAS | Sir Abug

Mga Bahay at Lupa na foreclosed Ibinebenta sa mababang halaga. Open sa lahat kahit hindi Member ng Pag ibig.
"The BSP extends discounts, loans and advances to banking institutions in order to influence the volume of credit consistent with objective of price stability. It also grants loans or advances to banking institutions in precarious financial condition or under serious financial pressures, subject to certain conditions.

When availing of the loan facilities of the BSP, private banks assign to BSP their receivables including the collaterals. Upon failure of these banks or their borrowers to pay their loans, the BSP forecloses these real properties. Banks also pay their loans with properties under a dacion en pago agreement. As such, the BSP has acquired assets which it administers, preserves and disposes properly."

You may also contact the BSP at (632) 708-7701 or the following numbers/e-mail addresses for your concerns:
You may visit this link to inquire
https://apfs.bsp.gov.ph/BSP/asset_properties.asp

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