Pag IBIG Foreclosed Properties – November 2019

Time flies so fast. It’s November now and it’s a month to go before Christmas.

Usually, it’s during the Christmas season when most of our dreams come true whether it be big or small like buying our dream gadget, dream car, or even our dream home.

Have you also noticed most of us, even the kids seem to have more money during Christmas?

Because it is during this season that most Pinoys receive bonuses, incentives, and gifts.

So, what do you plan to buy this Christmas? 

          • A new smartphone?
          • A new pair of Nike or Adidas shoes?
          • A new bag?

How about a new house or a condo unit?

Why not? 

With Pag IBIG Foreclosed Properties or Acquired Assets, many Filipinos have been able to buy their own home without breaking their bank accounts.

Pag IBIG Foreclosed Properties are much cheaper and affordable than those that you can buy elsewhere.

If you have limited budget but you really want to buy your own home, Pag IBIG acquired assets may be right for you.

What are Pag IBIG Acquired Assets

Pag-IBIG acquired assets are properties that have been foreclosed because the original owner who availed of Pag-IBIG housing loan failed to pay the monthly amortizations.

The Pag-IBIG Fund offers the foreclosed property to new buyers at a lower price through public bidding to recover the unpaid loan and generate income for the agency.

If the sale via auction fails for a certain property, it is then put up for negotiated sale in which buyers can get as much as 30% discount.

3 Types of Properties for Sale

          1. Properties under Negotiated Sale
          2. Properties under Public Auctions (No Discount)
          3. Properties under Public Auctions (With Discount)

pag ibig acquired assets

Pag IBIG Foreclosed Properties Under Negotiated Sale

Interested buyer may select a property from the list and submit Offer to Purchase (OTP) to Pag-IBIG Fund in a sealed envelope.

On scheduled date of opening of offer, the buyer with the highest offer on a specific property shall be declared as the winning buyer.

Schedule of Public Auctions

NCR BRANCH

          • Period of Acceptance of Offers: November 4-8, 2019
          • Area/Location of Foreclosed Properties: Batangas, Bulacan, Cavite, Laguna, Metro Manila and Rizal
          • No. of Available Units: 728

NCR BRANCH

          • Period of Acceptance of Offers: November 11-15, 2019
          • Area/Location of Foreclosed Properties: Bulacan, Cavite, Laguna, Metro Manila and Rizal
          • No. of Available Units: 225

BACOLOD HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 6-12, 2019
          • Area/Location of Foreclosed Properties: Kabankalan, Negros Occidental, Silay Negros Occidental, Pavia, Iloilo
          • No. of Available Units: 49

BACOLOD HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 13-19, 2019
          • Area/Location of Foreclosed Properties: Antique, Capiz, Iloilo, Negros Occidental
          • No. of Available Units: 157

LA UNION HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 4-15, 2019
          • Area/Location of Foreclosed Properties: Ilocos Area, Benguet Area, Pangasinan Area
          • No. of Available Units: 462

SAN FERNANDO HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 4-8, 2019
          • Area/Location of Foreclosed Properties: Bataan, Nueva Ecija, Pampanga, Tarlac, Zambales
          • No. of Available Units: 530

SAN FERNANDO HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 11-15, 2019
          • Area/Location of Foreclosed Properties: Bataan, Nueva Ecija, Pampanga, Tarlac, Zambales
          • No. of Available Units: 542

TUGUEGARAO HOUSING BUSINESS CENTER

          • Period of Acceptance of Offers: November 4-8, 2019
          • Area/Location of Foreclosed Properties: Apayao, Cagayan, Isabela, Nueva Vizcaya, Quirino
          • No. of Available Units: 69

Pag IBIG Foreclosed Properties Sealed Public Auctions (NO DISCOUNT) 

NCR BRANCH

          • Schedule: November 20-21, 2019
          • Venue: Roof deck JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City

NAGA HOUSING BUSINESS CENTER

          • Schedule: November 19, 2019
          • Venue: Office of the Head, Naga Housing Business Center, ALDP Bldg., Diversion Rd., Naga City

SAN FERNANDO HOUSING HUB

          • Schedule: November 4, 2019
          • Venue: Jollibee Maimpis or Shakey’s Maimpis, Mc Arthur Highway Maimpis , City of San Fernando, Pampanga

Pag IBIG Foreclosed Properties Sealed Public Auctions (NO DISCOUNT) 

NCR BRANCH

          • Schedule: November 6-7, 2019, December 5, 2019
          • Venue: Roof deck JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City

CALAMBA HOUSING BUSINESS CENTER

          • Schedule: November 6, 2019, December 5, 2019
          • Venue: Pag-IBIG Fund, GF High Rise Business Center Bldg. Brgy. Halang Calamba City

CEBU HOUSING HUB

          • Schedule: November 6, 2019, December 5, 2019
          • Venue: 5th Floor Audio Visual Room, Pag-IBIG Fund – WT Corporate Tower, Mindanao Ave., Cebu Business Park, Cebu City

SAN FERNANDO HOUSING HUB

          • Schedule: November 4, 2019
          • Venue: Jollibee Maimpis or Shakey’s Maimpis, Mc Arthur Highway Maimpis , City of San Fernando, Pampanga

TUGUEGARAO BRANCH

          • Schedule: December 4, 2019
          • Venue: Conference Room, Editha Tuddao Bldg., Balzain Highway, Tuguegarao City, Cagayan

Click here for more info about Pag IBIG Properties for Sale.

How to Buy Pag IBIG Foreclosed Properties (VIDEO)

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