Pag IBIG Foreclosed Properties and Acquired Assets – Everything You Need To Know (2025)

Want to buy Pag-IBIG foreclosed properties/acquired assets this 2025? Find out exactly how, details below.

Pag-IBIG Website Updated With Unified Acquired Assets Database of (As of July 29, 2025)

Last July 29, 2025, I noticed Pag-IBIG’s page for foreclosed properties/acquired assets had a major update. While this is a welcome development, I can’t help but feel frustrated when I tried searching for properties in my preferred location(s). Let me explain…

The Good

Let’s give credit where its due, this is a step in the right direction, and here are the things I like with this update:

1.All Pag-IBIG foreclosed properties and acquired assets are now in one database

• Since all properties are in a single database, you should be able to quickly find foreclosed properties in your preferred location (City).
• However this is limited because you won’t be able to search using specific keywords (for example, the name of your preferred subdivision). I discussed more about this under the “What needs improvement” section below.

2.Since this is a unified list of foreclosed properties, the tranche/batch numbers become less important.

• With so many schedules that include multiple batches/tranches, it can be overwhelming to keep track of them all. With all properties in one database, you can just ignore the batch/tranche numbers. Instead, just search based on location.
• I mentioned the tranche/batch numbers are less important, but they are still important… because they are still there, inside the listings! And having tranches/batches means you still have a very short period of acceptance of bids/offers, which are usually just 1 to 2 weeks. (I discussed more about this below). This means it is still a challenge to do proper due diligence when you find suitable properties because of limited time.

What needs improvement

I’m not bashing Pag-IBIG’s website, I sincerely want to help them improve it so that interested buyers can easily find properties in their preferred location, which would translate to more non-performing acquired assets getting disposed successfully. Here is a list of things they can improve:

1.You cannot search using keywords (to find a specific village/subdivision/condo/barangay, etc)

• For example, you are searching for foreclosed properties in Micara (In Tanza, Cavite). At the moment, you cannot search using the keyword “micara”.
• This means you will have to search for Tanza, Cavite foreclosed properties, and then scroll through all properties on the list and see which are located in Micara.
• This is okay if there are only few properties in Tanza. But what if there were hundreds? Then you will have to scroll through all of them to see all properties in Micara.
• How to fix this – They can simply add a box where you can enter a keyword that is included when searching.

Please refer to a screenshot of the search function on Pag-IBIG’s website for your reference:

2.Too little time to do proper due diligence due to limited period of acceptance of bids/offers

• I noticed they still retained the usual 1 to 2 weeks period for acceptance of offers/bids for each batch/tranche
• This means that by the time you find a suitable property for you, you probably have only a few days left for proper due diligence.
• Keep in mind, you are buying real estate, which needs proper due diligence (can take weeks or even months to do). It’s not like we are buying a gadget at Lazada/Shopee where you can decide in a day and you’re also protected by a money back guaranty (foreclosed properties/acquired assets are for sale on an “As-is, Where-is” basis).
• Anyway, I believe that they have limited period for acceptance of offers/bids because they have so many batches/tranches and each will have their own schedule.
• How to fix this – I hope they would follow the process from other banks/government entities where they maintain one combined list with different contact persons and submission of bids/offers is on a monthly basis (this means no more multiple batches/tranches that have a very short period for acceptance of offers/bids).

3.You have to wait for a property to become part of a tranche/batch

• Since each Pag-IBIG batch/tranche has only a limited number of foreclosed properties, what happens to those that are not yet included with a batch/tranche? How about those that were not sold? For both, you can only hope that they will get included in the next batch/tranche. And there is no assurance that the next batch/tranche will include your target property since they limit the total number of properties to include. This can mean a very long wait.
• How to fix this – In contrast, other banks/government entities do it this way – They regularly conduct auctions/sealed biddings for newly foreclosed properties. Any property that remains unsold will be added to their list of properties for negotiated sale. They usually maintain only one big list that is for negotiated sale, which are all available anytime (no need to wait for the next batch). For me, this is a better process because you can expect all unsold properties to be available for sale.

4.You cannot share an individual listing from Pag-IBIG’s website

• With the current structure of Pag-IBIG’s website, each foreclosed property does not have its own unique web address called a uniform resource locator or URL. This means you cannot share a direct a link that will go to an individual foreclosed property listing. For real estate websites, I believe this is a very bad practice because there is no easy way to check the details of a property with a direct link.
• To verify this, go ahead, find a property on Pag-IBIG’s website and look at the address bar of your web browser. No matter which property it is you want to share, you will only see the same URL: https://www.pagibigfundservices.com/OnlinePublicAuction/
• How to fix this – This may sound like a major change because they will have to add a page for each listing. In reality, any content management system can do this programmatically.
• Since Pag-IBIG’s website does not currently have any keyword search function, combined with the lack of a URL for each listing, it would be very difficult to verify listings I share from Pag-IBIG’s website (you will have to search a location and scroll through all listings to find a target property). Because of this, I have decided to stop sharing listings from Pag-IBIG (see announcement below).

5.Too much unnecessary info required to search

• When I tried to search for properties in Tanza (Cavite), I had to guess which region Cavite was in and took several tries (Good thing I remembered Cavite is in CALABARZON but I felt like I was helping my daughter study for Araling Panlipunan… hehe), and then that’s the only time I can choose Tanza under City/Municipality. Is it really necessary to include the Region? I mean, does anyone actually think “Oh I want to find properties in Region 4A…“?! (See example screenshots below)

• For NCR, you have to choose which district a city belongs to before you can choose the city. I believe this is unnecessary. I mean, the district is not really important in my opinion (do you agree or disagree? Let me know in the comments).
• How to fix this – This is actually very easy, all they have to is to delete the “Region” field from the search form. For my NCR example, they can just remove all the districts and simply put NCR as the Province.

6.Too few properties per page in the search results

• After you manage to search for properties in your preferred City/Municipality, you will notice the search results only have 10 properties per page. This means if you have a lot of properties, you will have to load a lot of pages. This is okay if you only have few properties in the search results, but it can be frustrating if you have a lot of properties.
• For example, if there were 200 properties in Tanza under negotiated sale, you will have to load 20 pages to see all of them.
• How to fix this – They just have to increase the number of listings per page, which can easily get done.

7.You cannot sort the search results

• Since each page of the search results only has 10 properties, it would make sense to have the ability to sort them so only those that fit your needs are shown first.
• For example, if you only want to see properties with a selling price that’s below 1M, you should be able to sort with cheapest properties first.
• Another example, you want to see the newest listings (which should mean you’ll have more time to do proper due diligence) you should be able to sort with newest listings first (or just have an option to sort according to the period of submission of bids/offers).
• How to fix this – They would have to customize their search form to include a sort function for search results. Any competent web/database developer should be able to do this.

8.Search results have 3 separate tabs (1st auction, 2nd Auction, Negotiated Sale)

• This adds another layer of complexity because you will have to click on each tab and scroll through all the listings to see all properties available. I believe it would be better if the search results would all be in a single tab for faster searching (and then they can just show info if a list is for 1st or 2nd auction, or under negotiated sale).
• How to fix this – This is very easy to fix, just point all search results to a single tab, and add the tranche/batch info on the listing details.

9.Search results appear to have too few properties (a bug?)

• I just tried searching for properties in Quezon City, and noticed there were ZERO properties for 1st/2nd auction, I only found properties under negotiated sale. For me, this is hard to believe and I suspect there is something wrong or there is a bug in their search function.
• How to fix this – Again, any competent web/database developer should be able to troubleshoot and fix this.

10.You cannot share search results

• Even search results on Pag-IBIG’s website do not have any unique web address or URL. This means you cannot share search results. Perhaps this is the most annoying problem with their website. Sure, you can get a screenshot and share that. But if you want to verify and see the list of properties on Pag-IBIG’s website, you have to go through all the steps to do the search yourself (there is no direct link to the search results that can be shared).
• How to fix this – They will have to point search results to a unique web address or URL, which would include data that influences the search results (again, any competent web/database developer should be able to do this)

Note: My update with regard to Pag-IBIG’s updated website is a work in progress. I will continue to update this as the days go by.

Online Public Auction – Buying Foreclosed Properties Just Got Easier (Now Includes Negotiated Sale)!

Pag-IBIG has officially launched the Online Public Auction (OPA) for their foreclosed properties/acquired assets.

This means there is now a more convenient way to submit bids/offers, no need to visit their branches or send via courier.

Please take note of the updated buying procedure in the Invitation To Bid/Guidelines for each tranche.

The same online facility can also be used to submit offers for properties under negotiated sale.

More info about the Pag-IBIG Online Public Auction system/platform can be found here:

=> Pag-IBIG Online Public Auction – Everything You Need To Know

How to participate in a Pag-IBIG Online Public Auction for acquired assets

Here’s a quick overview/summary of the buying process via Online Public Auction:

1. View the list of Pag-IBIG foreclosed properties for sale included in the auction and identify the property or properties you are interested in. Take note of the PROPERTY NUMBER.

2. Do your due diligence. When you find a property that you are interested in, you need to do a reasonable amount of due diligence (property inspection to see extent of repairs needed, check if there are any illegal occupants, checking the titles/tax declarations for any problems, etc.). Always keep in mind that foreclosed properties are for sale on an “As-is, where-is” basis.

4. Register for the Online Public Auction – Bidders are required to register online on this page (also includes requirements):

==> https://www.pagibigfundservices.com/OnlinePublicAuction/Registration/RequirementsView

For more info, you may visit my article Pag-IBIG Online Public Auction – Everything You Need To Know (So Far)

5. Submit sealed bid – As I write this, there are 2 ways bidders can submit their bids online:

1. Go to Pag-IBIG’s official website: https://www.pagibigfundservices.com/OnlinePublicAuction/ and go to the tranche with your target property. Search for your target property using the PROPERTY NUMBER of your target property as listed above and then click the “Submit Offer” button and follow instructions. Bidders can only submit bids during the duration of acceptance of bids (The “Submit Offer” button will NOT be available before/after the period of acceptance of offers)
2. Go to Pag-IBIG’s Property Finder Page: https://www.pagibigfundservices.com/OnlinePublicAuction/ListofProperties/PropertyFinder. In the drop-down under “Search By”, choose ROPA ID and enter the PROPERTY NUMBER of your target property as listed above and click the “Search” button. You will see details of your target property with the “Submit Offer” button. Click the “Submit Offer” button and follow instructions. Bidders can only submit bids during the duration of acceptance of bids (The “Submit Offer” button will NOT be available before/after the period of acceptance of offers).

6. Opening of sealed bids shall be done as per schedule. The results of the sealed public auction shall be released and posted at Pag-IBIG’s official website. Winning bidders shall also be notified via email and SMS.

7. Winning Bidders Payment of Bid Bond – As per guidelines: “The winning bidder shall be required to pay a DOWNPAYMENT equivalent to five percent (5%) of the BID OFFER, which shall be paid within five (5) working days from the receipt of notification. It shall be in Philippine Currency and may be in the form of cash or manager’s check payable to Pag-lBIG Fund.”

Reminder: What you see above is just a quick summary. The exact step-by-step instructions are inside the guidelines as released by Pag-IBIG for each auction, which you can download above.

How to Buy Pag-IBIG Acquired Assets for Negotiated Sale

Note: They now have a “hybrid” procedure for buying via negotiated sale. This is through online submission of bids, and also through the old manual submission process. See details below.

1. Online submission of offers now available for Pag-IBIG Foreclosed Properties For Negotiated Sale

I noticed that starting last May 2025, the latest batches for negotiated sale already has a “Hybrid” implementation.

This means interested buyers can now submit offers online (similar to how to submit bids using Pag-IBIG’s Online Public Auction), while still allowing the manual submission of offers.

For example, here’s an excerpt from Batch # 15259 Invitation to submit offer:

2. Manual submission of offers under negotiated sale is still accepted (as seen in Batch # 15262)

Here’s a screenshot of the guidelines for batch # 15262:

It states:

“Retail Sale buyers are encouraged to use the online facility in submitting their offers. However, they can still submit their offers manually through dropbox”

Source: Pag-IBIG invitation to submit offer to purchase for batch 15262

To explain how to submit offers via manual submission, I uploaded a step-by-step video tutorial in youtube, see below to watch:

Step-by-step tutorial video

Click to watch video in Youtube ==> How to buy/avail Pag-IBIG acquired assets/foreclosed properties under negotiated sale (Step-by-step tutorial)

Step-By-Step guidelines

To view the latest step by step guidelines from Pag-IBIG, see them all at this page:

• Step by step procedure from Pag-IBIG

Important reminders for interested buyers

1. Pagibig does not accept reservations thru Real Estate Brokers/Agents

This was announced in Pag-IBIG’s website last September 30, 2019, and I noticed they also removed their list of accredited real estate brokers. They advice interested buyers to coordinate directly with the Acquired Asset Management Group or with the nearest Housing Hubs. Be very careful with real estate brokers/agents who are selling Pag-IBIG foreclosed properties, they are not authorized and you might end up getting scammed! Refer to article below for more info.

• How to Identify and Avoid Foreclosed Property Scams
• Real Estate Brokers/Agents are NOT allowed to sell Pag-IBIG foreclosed properties

2. Pag-IBIG foreclosed properties are all for sale on an “as-is, where-is” basis

3. A big number of properties on the listings are occupied.

In summary, we do not recommend buying occupied properties, even if they can have big discounts.

Also, if you buy an occupied property, there is a risk that the occupant will cannibalize/vandalize the property, just like this one: Occupied Pag-IBIG acquired asset cannibalized/vandalized by ex-owner

4. Do your due diligence before submitting a bid/offer.

To guide you with your due diligence, you may refer to our article “31 Questions you need to ask when inquiring about foreclosed properties“

5. Check for new Erratum/Announcements.

Please refer to the notice from Pag-IBIG:

“Interested parties are encouraged to visit Pag-IBIG’s website, https://pagibigfund.gov.ph/acquiredassets.html five (5) days prior the actual opening of bid offers, to check whether there is any erratum posted on the list of properties posted under the sealed public auction/negotiated sale.”

What are Pag-IBIG Acquired Assets?

Pag-IBIG acquired assets are properties that were repossessed by Pag-IBIG because the property owner (who financed the purchase through a housing loan from Pag-IBIG) was not able to pay their monthly amortizations for at least 3 consecutive months.

Typically, non-payment would trigger the foreclosure process.

If the borrower is unable to catch-up with payments (or is unable to restructure the loan), the property will end up in a foreclosure auction that shall be conducted by the Sheriff at the City/Municipal hall where the property is located.

The lending institution (Pag-IBIG or HDMF in this case) will end up as the winner of the foreclosure auction by default if there are no other bidders, and the redemption period begins once the certificate of sale is annotated on the title.

The redemption period (1 year for individuals, 90 days for corporations) gives the borrower a chance to redeem the property, where they have to make a full payment before the redemption period ends.

If the borrower is unable to redeem the property, then the property will end up as a Pag-IBIG acquired asset or foreclosed property and they can proceed with transfer of ownership from the borrower to Pag-IBIG.

This transfer of ownership is often referred to as the “consolidation”, which can take a long time, depending on the completeness of the documents and other requirements (for example, payment of real estate taxes, etc.) needed for the transfer of ownership.

Other things to consider

Here’s one tip I want to share. If you buy a property from Pag-IBIG, and you are already authorized to move-in, make sure to move-in and take possession as soon as possible.

This will help you avoid the problem encountered by an OFW who cannot move-in to the Pag-IBIG foreclosed property they purchased.

They cannot move-in because Pag-IBIG turned over the property to another buyer. Watch the video for details.

Frequently Asked Questions (FAQ)

Got more questions? Please read:

Pag-IBIG contact details

If you are interested in any of the Pag-IBIG foreclosed properties in the listings above, please contact Pag-IBIG DIRECTLY! You should contact the person-in-charge as written in the bidding/negotiated sale guidelines.

You may also call Pag-IBIG’s Hotline:

Pag-IBIG FUND HOTLINE:

• 8-724-4244 (8-Pag-IBIG) – 24/7 Call Center operation

Full disclosure: Nothing to disclose. We are not accredited real estate brokers of Pag-IBIG. We are posting this as a public service announcement for those who have been asking for updated listings of foreclosed properties from Pag-IBIG.

References

1. Pag-IBIG official website. Pag-IBIG Fund. As retrieved on August 3, 2025
2. Steps to Purchase Acquired Assets. Pag-IBIG Fund. As retrieved on July 15, 2020
3. Jay Castillo. Why we don’t recommend buying foreclosed properties that are occupied (even if they are cheap). ForeclosurePhilippines.com. Last retrieved on February 16, 2018