6,095 Pag-IBIG Foreclosed Properties in November 2023 Listings [4th update]

November 23, 2023 – Here are all Pag-IBIG Fund Acquired Assets/ Foreclosed Properties scheduled for public auction/negotiated sale this November 2023. See all schedules/listings below.

Pag-IBIG Acquired Assets/ Foreclosed Properties For Sale (November 2023)

Browse all Pag-IBIG foreclosed properties in “easy to search” database:

==> Click for all Pag-IBIG acquired assets/ foreclosed properties inside our database

This compilation of acquired assets is from Pag-IBIG’s official website. Deletion of old listings inside the database is ongoing.

NCR Branch Schedules/Listings

Tabulated below are all schedules for public auction and negotiated sale under Pag-IBIG’s NCR branch. (Note: Latest upcoming schedules/listings based on last day of submission of bids/offers are at the top)

Provincial Branches Schedules/Listings

In the following table, I combined all listings/schedules from Pag-IBIG’s various provincial branches. The latest upcoming schedules/listings based on last day of submission of bids/offers are at the top. Uploading to the database of all provincial listings is next.

Reminder: You will need Adobe Acrobat Reader to view PDF files, which is free to download at Adobe.com

How can I find Pagibig house and lots, condos, vacant lots, etc?

To quickly find the types of properties you prefer, simply use them as “keywords” when you search our foreclosed properties database.

For example, the keywords “pagibig” and “house” will find all pagibig properties with the word “house” in their listing descriptions. This will also include rowhouses, townhouses, house and lots, etc. Click here to see the search results for pagibig+house.

For condos, simply use “pagibig” and “condo”. Click here to see search results for condos.

For Vacant lots, you will have to use “lot only” as this is the term often used by pag-IBIG. Click here to see the search results for lot only.

You can then filter according to your preferred location(s).

I’ll share a video tutorial when I have time.

Searching using keywords also work for other foreclosed properties in my database, see below…

How to avail or participate in the auctions of Pag-IBIG acquired assets

This is just an overview/summary of how to avail/participate in a public auction conducted by Pag-IBIG:

1. View the list of properties included in the auction and identify properties you are interested in.

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.

3. Secure forms so you can participate in the auction. If a property passes your due diligence, and you want to participate in the auction, you need to secure related forms from Pag-IBIG. You will submit these during the auction. (refer to the guidelines for exact forms, and where to secure them)

4. Register for the auction/bidding – Bidders are required to register at the Acquired Asset frontline counter servicing (venue to be specified per auction) prior to dropping of sealed bid offer/s. Only bid offers from registered bidders shall be accepted and a registration stub will be issued as proof of registration.

5. Submit sealed bid/proposal – Bidders are advised to submit their proposals together with a photocopy of their 2 valid Identification (ID) card and latest proof of income only on the scheduled date of batch. No proposals shall be accepted earlier or later than the scheduled date. Please refer to bidding guidelines for more details.

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 his/ her BID BOND equivalent to five percent (5%) of the BID OFFER and shall be paid within 3 working days after the publication of the winning bidders. It shall be in Philippine Currency and may be in the form of cash or manager’s check payable to Pag-IBIG Fund. It shall likewise serve as the down payment of the winning bidder”

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

To explain the details, I uploaded a step-by-step video tutorial in youtube, see below to watch:

Step-by-step tutorial video

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

Summary from Pag-IBIG’s website:

“1. The list of the properties for negotiated sale may be viewed at Pag-IBIG Fund website. Please take note of the Publication Batch No., Start/End Time and Date of Acceptance of Offer.

2. Interested buyers are encouraged to inspect their desired property/ies to purchase prior to submission of offer/s.

3. On the scheduled date of submission of offer, buyer shall register at the acquired asset frontline counter servicing at the start of the acceptance period.

4. Buyer must accomplish and submit an Offer to Purchase indicating the preferred mode of sale and payment in a sealed envelope. Then drop in a designated drop box.

5. Dropping of sealed envelope in a drop box is according to scheduled date.

6. Cut off time for submission of offer/s is at 5:00p.m. After cut off time, registration of buyers shall be closed.

7. NO more offers shall be accepted from unregistered buyers after the cut-off time and date.

8. The opening of sealed envelopes shall be done on the date, time and place stated in the Invitation to Submit Offer to Purchase

RESERVATION FEE SHALL BE ACCEPTED ONCE DECLARED AS THE HIGHEST PURCHASE OFFEROR OR WINNING BUYER.”

For more details kindly call at 8-654-1398/8-654-1032 or visit us at 2nd Flr. Acquired Asset Counter Servicing at JELP Bldg., Shaw Blvd., Mandaluyong City”

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

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.

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.”

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 November 23, 2023, 01:49 pm
2. Steps to Purchase Acquired Assets. Pag-IBIG Fund. As retrieved on July 15, 2020
3. Pag-IBIG official website. Pag-IBIG Fund. As retrieved on September 30, 2019
4. 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