Pag IBIG Foreclosed Properties – September 2019

Haven’t found that dream home yet?

Check out the latest list of Pag-IBIG Fund foreclosed properties this September 2019.

Who knows, you might be able to find the house that you’ve long been waiting for.

Why Buy Pag IBIG Foreclosed Properties? 

Buying foreclosed properties allow you to purchase a house and lot, condo unit or even just a lot, at a much cheaper price.

Most of the time, these properties were pre-owned, but the previous owner failed to pay the property that’s why it was foreclosed.

And now that the property is foreclosed, it’s now being offered to interested parties/entities at a cheaper price.

What you should do before buying Pag IBIG Foreclosed Properties? 

You need to check the property that you’re interested in before joining the auction so that you’re fully aware of the current situation or status of the property.

Some properties are still occupied which might give you a headache later on especially if the previous owners refuse to vacate the property.

There are also some available foreclosed properties that are really really cheap, unoccupied, and in a nice location and these are the best properties to buy.

But remember, it’s still up to you to decide what type of property to buy based on your needs and your budget.

Public Auction of Pag-IBIG Foreclosed Properties 

If you’re looking for foreclosed properties that are being offered WITH DISCOUNT, you should attend the public auction here in the National Capital Region (NCR).

It will be held at the Roofdeck of JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City on September 26 and 29, 2019.

A total of 309 Pag IBIG acquired assets in different locations will be available for auction:

  • 135 foreclosed properties in Cavite
  • 174 foreclosed properties in Bulacan, Laguna, Rizal, and Metro Manila

Available foreclosed properties include the following: town house, single attached, duplex, quadruplex, row house, condominium unit, and lot only.

Pag IBIG Acquired Assets in Laguna, Metro Manila, and Rizal

pag ibig foreclosed properties

Condo Units in Metro Manila and Lots in Laguna and Rizal

pag ibig acquired assets

Click here to download the complete list of Pag IBIG Acquired Assets in NCR for September 2019.

Pag IBIG Foreclosed Properties with No Discount

NCR Branch

Pag IBIG NCR Branch will hold a public auction of Pag IBIG Foreclosed Properties without discount on September 19, 2019 at the same venue.

A total of 213 Pag IBIG acquired assets will be available at the public auction.

  • 104 properties in Cavite
  • 109 properties in Bulacan, Laguna, Rizal, and Metro Manila

pag ibig foreclosed properties

Cebu Branch

225 Pag-IBIG Foreclosed Properties will be available for auction in Cebu on September 5 and 6, 2019, at the 5th Floor, Audio Visual Room, Pag-lBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City.

September 5 – 72 units for auction

  • 11 foreclosed properties in Cebu City
  • 22 foreclosed properties in Talisay City
  • 33 foreclosed properties in Minglanilla, Cebu
  • 2 foreclosed properties in Naga City, Cebu
  • 4 foreclosed properties in Carcar City, Cebu

September 5 – 153 units for auction

  • 54 foreclosed properties in Lapu-Lapu City, Cebu
  • 1 foreclosed properti in Cordova, Cebu
  • 9 foreclosed properties in Mandaue City, Cebu
  • 12 foreclosed properties in Consolacion, Cebu
  • 32 foreclosed properties in Liloan, Cebu
  • 1 foreclosed property in Compostela, Cebu
  • 6 foreclosed properties in Danao City, Cebu
  • 32 foreclosed properties in Bogo City, Cebu
  • 3 foreclosed properties in Medellin, Cebu
  • 3 foreclosed properties in Bantayan, Cebu

Davao Branch

A total of 119 foreclosed properties in Davao are available for auction on September 6, 2019, at the 3rd Floor HDMF Training Room, Pryce Tower Condominium, Bajada, Davao City.

Below are some of the locations of the available foreclosed properties in Davao:

Panacan, Davao City

  • Portville Subdivision in
  • Palm Ridge Subdivision

Indangan, Davao City

  • Deca Homes Subdivision

Cabantian, Davao City

  • Green Orchard Village
  • Deca Homes Subdivision
  • Emily Homes Subdivision

Tigatto, Davao City

  • Juliville Subdivision

Tuguegarao Branch

A total of 39 foreclosed properties in Cagayan, Isabela, Nueva Vizcaya, and Quirino are available for auction on September 12, 2019, at the 3rd Floor, Conference Room, Editha Tuddao Building, Balzain Highway, Tuguegarao City, Cagayan.

foreclosed-properties-philippines

Some Reminders to Interested Buyers

These foreclosed properties are available on an “AS IS, WHERE IS” basis, therefore, you’re encouraged to check the property that you’re interested in before you actually join the auction.

If you found a property that meets your needs and budget, get a copy of the following documents at the Pag-IBIG branch or the venue where the auction will be held.

  • INSTRUCTION TO BIDDERS (HQP-AAF-104)
  • OFFER TO BID (HQP-AAF-103)

Make sure to prepare the at 10% of the property’s bidding amount if you’re serious about joining the auction bidding. Remember, the bidder who offers the highest bid shall be declared as the winner.

If you don’t win in the bidding, don’t worry because your bid bond will be returned to you immediately.

You may make your reservations by submitting any of the following documents:

  • Latest 1 month payslip (if employed)
  • Barangay Permit / Business Permit / ITR (if self-employed)
  • Active Contract / Latest CEC (if OFW)

For more information about the bidding process of Pag-IBIG Foreclosed Properties, you may visit the Pag-IBIG Fund branch near you, or visit www.pagibigfund.gov.ph. For NCR, you may call 654-1398 or 422-3000 local 5124.

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