How to check Pag-IBIG Foreclosed Properties

The Home Development Mutual Fund (Pag-IBIG) offers a Property Finder facility on their Official Site. Wherein they posted updated lists of Pag-IBIG foreclosed properties that are being sold. The good news is, this is accessible to the public, Pag-IBIG members or not. Provided that you have an internet connection you can easily view available acquired assets in your place.

In fact, The Housing and Urban Development Coordinating Council (HUDCC) team continues to offer acquired assets of government agencies at big discounts and new units of private developers at affordable prices and to provide better and secure shelter to Filipinos.

Read: Pag-IBIG Housing Loan: What Do You Need To Prepare? FAQs

To those who are looking for Properties for Sale, this article will teach you how to check Pag IBIG Fund Acquired Assets online.

Steps how to check Pag-IBIG Foreclosed Properties Online

Step 1: Go to Pag-IBIG Website

Go to Home Development Mutual Fund (Pag-IBIG) Official Site (pagibigfund.gov.ph)

Step 2: Select Properties for Sale

On their Homepage Click “Properties for Sale” located in the upper right. See the screenshot.

Step 3: List of Properties for Sale

Select the List of Properties for Sale button to view all the Pag-Ibig foreclose properties

Step 4: Check the list of properties

At the tab, you can select whether you want to show Properties Under Negotiated Sale, Properties Under Public Auctions (No Discount), and Public Auctions (With Discount)

You can see the complete details of the property when you click the link (Click here to open complete Details) at the bottom of every property listed.

Advantages of Buying Pag-IBIG Foreclosed Properties

Purchasing Pag-IBIG foreclosed properties offers several advantages, making it an attractive option for individuals looking to buy affordable real estate. Here are some key benefits:

1. Affordable Pricing

One of the biggest advantages of buying Pag-IBIG foreclosed properties is the lower price compared to market value. Since these properties are repossessed, they are usually sold at a discounted rate, making them more affordable than new homes or those in the open market.

2. Flexible Payment Terms

Pag-IBIG offers flexible financing options for buyers, including long repayment terms of up to 30 years. Members can also benefit from low interest rates under the Pag-IBIG housing loan program, making it easier to manage monthly payments.

3. Accessible to Pag-IBIG Members

Pag-IBIG foreclosed properties are available to all active Pag-IBIG members, allowing more people to access homeownership at an affordable price. Additionally, Pag-IBIG offers exclusive financing programs specifically for its members, which can make the purchasing process smoother.

4. Wide Selection of Properties

Pag-IBIG regularly auctions a variety of foreclosed properties ranging from residential houses, lots, townhouses, and even condominiums, giving buyers a wide range of options to choose from depending on their budget and preferences.

5. Clear Ownership Titles

Since Pag-IBIG handles the foreclosure process, properties often come with clear ownership titles, reducing the risks associated with buying properties with unresolved legal or ownership issues. Pag-IBIG ensures that the documentation is in order before listing the properties for sale.

6. Opportunities for Investment

Foreclosed properties can be an excellent investment opportunity for those looking to buy, renovate, and resell for profit, or for individuals who want to rent out the property. The lower purchase price provides potential for higher returns on investment.

7. Easy Process

Pag-IBIG facilitates the process of buying foreclosed properties by offering public auctions and online listings that are easy to access. The application process for financing is also streamlined for Pag-IBIG members, ensuring a more convenient home-buying experience.

Reminders from Pag-IBIG

• Buyers of HDMF Acquired Assets Please be advised that Brokers and Agents are NOT ALLOWED to accept or collect any payments relative to the reservation or down payment for the purchase of acquired assets.
  All payments shall be made directly to Pag-IBIG FUND Office ONLY.
• Under the re-purchase or direct purchase option, the original borrower/registered owner, CTS/DCS buyer and third party occupant who were sent Invitation to Purchase may purchase the acquired assets they presently occupied. The selling price of the subject acquired asset shall be based on its appraisal value.
• The buyers are encouraged to inspect the property first, before making any reservations or purchase of the unit.
• For more details regarding the property, contact the corresponding number indicated on the lists/inventory.
• For NCR-Branch Accounts, the list is updated every Tuesday and Friday.
• For Provincial Accounts, lists are updated every Friday.

Read Also:

• Pag-IBIG Housing Loan Monthly Amortization Table
• How to Apply for Pag-IBIG Fund Multi-Purpose Loan (MPL)