“Do you have a list of Pag-IBIG foreclosed properties in Cavite area? Please send me a copy. I’m interested to buy.”
That was from an email we received a long time ago from one of the website visitor. Our usual response to such kind of query is to refer them to the Pag-IBIG Branch in-charge of the area. That is the best way to get an updated list of the recent foreclosed properties in a particular city or town.
Of course, there is an online version which you can find by going to this link:
http://www.pagibigfund.gov.ph/AA/default.aspx
Select from the series of drop-down lists provided on that page the areas on which you are interested to buy. Remember that the search result may not always reflect an updated list of foreclosed properties, but this is a good start. You can always verify by calling or visiting the branch.
Foreclosure Sale in Davao City
This article is especially good news to Davao-based Pag-IBIG Fund Members or those who are planning to buy foreclosed properties in Davao City area. The Pag-IBIG Fund Branch in Davao City will be conducting a foreclosure sale by way of public bidding which will be held on April 18, 2012.
If you are not from Davao, this article should give you an idea about the whole process of buying a foreclosed property by bidding on it. Listed below are the set guidelines to make the whole bidding process smooth.
How To Buy or Bid on Pag-IBIG Foreclosed Real Properties
1. Interested buyers are reminded to conduct an investigation and ocular inspection of the properties to determine their actual condition before scheduling bidding.
2. Bidders are required to secure copies of:
- instructions to bidders, and
- BID FORM from this Department:
Acquired Assets Management and Disposition Unit,
HDMF Davao Branch,
2nd Floor, Pryce Tower Condominium,
Pryce Business Park, J.P. Laurel Avenue, Davao City
3. Each bid shall be submitted in triplicate copies placed in a properly sealed enveloped and addressed to the HDMF Davao Branch Committee on Disposition of Acquired Assets at 9:00 AM on April 18, 2012 at this address:
HDMF Training Room,
3rd Floor, Pryce Tower Condominium,
Pryce Business Park, J.P. Laurel Avenue, Davao City
immediately after which, the said bids shall be opened in the presence of attending bidders.
4. All occupants of the foregoing acquired residential properties shall be given until March 29, 2012 to formalize their offer and shall comply all the requirements not later than April 10, 2012 otherwise, the property they are occupying will be included in the bidding. Occupants may purchase the unit through cash or housing loan:
- Provided that back-rentals have been settled and
- Provided further that in case of purchase of the subject property through housing loan, the eligibility requirements under the existing housing loan guidelines are met as supported by the Membership Status Verification Slip.
5. Each bid must be accompanied by a Pag-IBIG Fund Receipt (PFR) original copy reflecting payment of the required five percent (5%) minimum deposit computed based on the selling price. Such deposit shall form part of the winning bidder’s down payment or shall be returned to the non-winning bidder without interest upon the completion of the public bidding.
The following articles may also be helpful to you:
- Foreclosure Properties — To Buy Or Not To Buy? (Part 1)
- Foreclosure Properties — To Buy Or Not To Buy? (Part 2)
- Pag-IBIG Housing Loan Restructuring
~~~
“How To Bid On Foreclosed Real Estate” is written by Carlos Velasco.
Maam/ Sir
Isa akong Member ng PNP sa Tarlac City , Nakatira po ako sa Baguio City ngaun at gusto ko sanang makabili o makakuha ng house and lot ready to occupy na sana thru pag ibig financing po. may mairerekomenda po ba kayong list ng bahay at location sa baguio or dito sa vicinity ng La Trinidad benguet
Pwede ko bang bilhin sa pamamagitan ng PAGIBIG ang 1 house & lot na kasalukuyang nakasanla sa banko?
good day!
im a pag-ibig member since 2003. if possible, pls. send me a list of foreclosed houses within davao city.
hope to hear you soon.
thanks,
bheng
@ngebs and @Jesus:
Please check them from your respective branches. Only they can provide you with an updated list of available foreclosed units.
@roel:
Yes
good day..
sir, tanong lng po pwd ba makasali sa bidding khit ndi pa umabot ng 1 year ang membership mo sa pag-ibig? ilang minimum years pwd maka avail sa bidding?tnx po..
@vic:
That’s possible if you are paying spot cash. If you are planning to get a housing loan, the minimum is 24 months active membership.
do you have any foreclosed housing here in tacloban and can i have the list and how can i avail it….
pls send me updated lists of foreclosed housing here in cebu. pls also adv how to let the occupants to vacate the property if there are previous occupants.
Good Day!
Ma’am/Sir,I am a pag-ibig member & private employee.pls send me list of foreclosed houses na nasa Transville Subdivision,Oroquieta City.If possible kasali po ang guidelines how to apply.Thanks
Good Day!
Ma’am/Sir,I am a pag-ibig member & private employee.pls send me list of foreclosed houses in marikina quezon city and pasig city .If possible kasali po ang guidelines how to apply.Thanks
Good Day!
Ma’am/Sir I am a Pag-ibig member since 2003 at deped.do you have a foreclosed property located at sta.monica village, Mariveles, Bataan.Kung meron paki indicatre na lang po location at price po.thanx po ulit
Good Day!
Ma’am/Sir,I am a pag-ibig member & private employee.pls send me list of foreclosed houses na nasa Transville Subdivision,Oroquieta City.If possible kasali po ang guidelines how to apply.Thanks
Good Day!
Ma’am/Sir, Do you have any foreclosed housing here in General Santos can I have the list?
Can you pls send me a copy of foreclosed properties at Angeles city, Pampanga w/selling price
How much the annual interest for a housing loan