I attended the first day of Philippine Housing Fair yesterday and I’m glad I did. Aside from updated listings of acquired assets and foreclosed properties, I was also looking for any free seminars or talks about topics that can be of help to anyone who wants to get involved in real estate. For my purpose, I’m glad I was able to attend but should you also attend? It really depends. Please continue reading to learn more.
Acquired assets and foreclosed property listings
For banks and other private lending institutions, I was able to get a copy of foreclosed property listings from Land Bank, and the Star Accounts Management Services, Inc.( A member of the STAR Group of Companies). I also registered in Chinatrust’s booth so that I can get updated listings through e-mail (thanks to the friendly people from Chinatrust). I was also looking forward to visiting the BPI Buena Mano booth but it was still empty when I left at around 1:30pm. Maybe I’ll get to see them on the second or third day of the housing fair.
Don’t worry, I’ll be sharing all of these listings of acquired assets and foreclosed properties in my upcoming posts.
With regard to acquired assets and foreclosed property listings from key shelter agencies and government financial institutions, at first I was a bit disappointed when majority of them just had limited copies of their listings and people had to line up to look at the listings of foreclosed properties and then they had to copy the details pertaining to the properties they were interested in.
People line up to look at the list of foreclosed properties from Pag-IBIG
Not really the most efficient setup if you ask me. Even a speaker from Pag-IBIG mentioned during one of the talks that people really had no need to line-up to look for properties because they can just visit their updated listings online. I can’t help but think that if your only purpose was just to look for updated listings of properties, you can do the same by just visiting their websites without the hassles of lining up and manually copying property details.
Anyway, to help provide easy access to their online listings, please refer to the direct links below to the listing of acquired assets/foreclosed properties of each individual key shelter agencies and government financial institutions:
- Home Guaranty Corporation (HGC)
http://www.hgc.gov.ph/downloadable/December_14_2009.pdf
- National Home Mortgage Finance Corporation (NHMFC)
http://www.nhmfc.gov.ph/index.php?option=com_content&view=article&id=44&Itemid=56
- Home Development Mutual Fund (Pag-Ibig Fund)
http://www.pagibigfund.gov.ph/hf/aa.aspx
- Bangko Sentral ng Pilipinas (BSP)
http://www.bsp.gov.ph/loans/asset_properties.asp
- Government Service Insurance System (GSIS)
http://www.gsis.gov.ph/content.asp?ContentId=598
- Social Security System (SSS)
http://www.sss.gov.ph/sss/index2.jsp?secid=1&cat=9&pg=null
Free talks and seminars
I was able to get a copy of the program of activities from the HUDCC booth and was happy to find out that there will be a talk on How to detect a fake title which should come in handy when we do our due diligence and this will be held on the second day which is on Monday, December 28, 2009, from 4:15pm to 5:00pm. This means I will be attending day 2 of the event and I also look forward to the other topics. Please see below the complete program of activities and see if any of the topics interest you.
4th Housing Fair 2009 Program of Activities
December 27, 2009 (Sunday)
10:00 a.m. – 10:45 a.m.
NHMFC Programs
Ms.Tita R. Puzon
Manager
Asset Management Department (NHMFC)
10:45 a.m. – 11:30 a.m.
How to avail of Housing Loan from Pag-IBIG?
Ms. Caressa Pascua
Acquired Assets Officer II
Acquired Assets Department (Pag-IBIG Fund)
11:30 a.m. – 12:30 p.m.
Raffle/Lunch Break
12:30 p.m. – 1:15 p.m.
BSP Housing Program
Ms. Louella Veloro
Acting Deputy Director
Assets Management Department (BSP)
1:15 p.m. – 2:00 p.m.
HGC Programs
Ms. Ma. Caridad Calingo
Manager
Sales and Marketing Department (HGC)
2:00 p.m. – 3:00 p.m.
Ribbon Cutting to be led by His Excellency Vice President Noli De Castro
Tour of Exhibits
(Pag-IBIG Fund Chorale to render Christmas carols during the tour)
3:00 p.m. – 5:00 p.m.
Song number by Apple Chiu of Singing Bee
5:00 p.m. – 6:00 p.m.
Raffle
December 28, 2009 (Monday)
10:00 a.m. – 12:00 p.m.
Participating Exhibitors Product Presentation
12:00 p.m. – 1:00 p.m.
Raffle/lunch Break
1:00 p.m. – 2:00 p.m.
SSS Dance Troupe
2:00 p.m. – 2:45 p.m.
SSS Housing Program
Mr. Tomas Ramirez
Section Head
Real Estate Department (SSS)
2:45 p.m. – 3:30 p.m.
How to avail of Housing Loan from Pag-IBIG?
Ms. Mayette Donato
Senior Accounts Management Specialist
Acquired Assets Department (Pag-IBIG Fund)
3:30 p.m. – 4:15 p.m.
How to identify Professional Squatters and Squatting Syndicates and their Modus Operandi?
Police Sr. Inspector Arnulfo Celestial
National Police Task Force Against Professional Squatters & Squatting Syndicate
4:15 p.m. – 5:00 p.m.
How to detect a fake title?
Mr. Emil Pugongan
Manager, One-Stop-Shop
Land Registration Authority
5:00 p.m. – 6:00 p.m.
Raffle
December 29, 2009 (Tuesday)
10:00 a.m. – 11:00 a.m.
Participating Exhibitors Product Presentation
11:00 a.m. – 12:00 p.m.
SSS Chorale
12:00 p.m. – 12:30 p.m.
Raffle/Lunch Break
12:30 p.m. – 1:15 p.m.
Community Mortgage program (CMP) orientation
Ms. Elvira Inton
Division Chief
Public Affairs Department (SHFC)
1:15 p.m. – 2:00 p.m.
GSIS Housing Program
Mr. Jose Antonio Bayoneta
Vice President
Marketing and Housing-NCR (GSIS)
2:00 p.m. – 2:45 p.m.
How to avail of Housing Loan from Pag-IBIG?
Mr. Herminio Ruiz
Account Officer III
Acquired Assets Department (Pag-IBIG Fund)
2:45 p.m. – 3:30 p.m.
Why Deal with Licensed Brokers?
Ms. Edith Barrameda
Regional Officer
NCR (Expanded) – Field Office (HLURB)
3:30 p.m. – 4:15 p.m.
NHA programs: North and South Rail Project
Arch. Susan Nonato
Deputy Area Management Officer
Southern Bicol Region (NHA)
4:15 p.m. -5:00 p.m.
Socialized and Low-Cost Housing Condonation and Loan Restructuring Program
Mr. Zacarias Abanes
Director, Policies and Program Development
Housing and Urban Development Coordinating Council (HUDCC)
5:00 p.m. onwards
Raffle and Closing Program
Asec. Pamela Felizarta (Closing Remarks)
Happy Hunting and I hope to see you there!
—
To our financial freedom!
Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
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Text by Jay Castillo. Copyright © 2009 All rights reserved.
PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.
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{ 13 comments… read them below or add one }
Thanks, Jay for sharing. I already forgot about this but that’s why I subscribe to you.
.-= Ronald Cagape´s last blog ..Online Stock Trading in the Philippine Stock Market – Step 1 =-.
Hi Ronald, you’re welcome!
thanks for sharing! hulog ka talaga ng langit
happy new year to you and your family!
Hi Jhonny8, you’re welcome and thank you also! Wishing you and your family a prosperous and joyous New Year!
Thank you Sir Jay for sharing this.
You’re welcome Red, thanks for dropping by!
Just an update: I attended day 2 yesterday and was a bit disappointed when the talk about “How to detect fake titles” was somehow merged with the talk on “How to detect professional squatters and squatter syndicates”.
I waited until 5:45pm for the talk to start and then I decided to ask the people in the HUDCC booth if the talk will push through. That’s when I learned they were merged. It was good however that I was able to catch the talk about the squatter syndicates because there really was a portion about how they use fake titles.
I’ll create a post about this for everyone’s reference.
Was anyone else able to attend day 2? Please feel free to share any of your experiences here. Thanks!
Thanks for the tips Jay! I cannot wait to read your articles & tips from the housing fair. I wanted to attend the Housing Fair also but couldn’t because I needed to go to my hometown (Ilocos) to celebrate the new year. I am also looking for a house and I am learning a lot from you. May you be blessed this coming year so you can share more of your foreclosure/real-estate investing tips to other people. More power and God bless!
- Allan
.-= Rich Money Habits´s last blog ..Merry Christmas! =-.
Hi Allan, you’re welcome and thank you also for your excellent insights on personal finance. Wow, I’m sure you had a great new year at Ilocos!
Wishing you and Rich Money Habits all the best in 2010!
Hi Jay,
Please post here also the listings of the China Trust, BPI Buena Mano and land bank from the Housing Fair.
Thanks,
Allan
Hi Allan, yes of course, I just need to scan the BPI Buena Mano and Landbank listings. For Chinatrust, I’ll post it once I get their listings through e-mail.
Hi Jay,
Question. I have a current housing loan in PAGIBIG. Can I still qualify to buy their acquired asssets?
Hi Glad, unfortunately, if you have a current housing loan with Pag-Ibig, you are no longer qualified to buy their acquired assets or even get a second housing loan. The outstanding loan must first be fully paid. Thanks for visiting!
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