Foreclosed Properties For Sale | Pag IBIG Fund Acquired Assets

1. All bidders are encouraged to inspect or check properties before buying them as all Pag-IBIG foreclosed properties are up for public bidding on an “AS IS, WHERE IS” basis.
2. Agents and brokers are not authorized to collect or accept payments –whether for reservation or down payment for purchasing acquired assets.
Effective April 2, 2018, the required document for reservations include any of the following:
OFW – Active Contract or Latest Certificate of Employment Contract
Self-employed – Barangay Business Permit or Income Tax Return
Employed – Latest one-month payslip
3. Effective September 18, 2018, buyers are required personal appearance when before the office upon reservation and submission of requirements under brokers or agents. The office will only honor Special Power of Attorney when the principal buyer is working or is based overseas. Moreover, Attorneys-In-Fact to be assigned will be limited to the principal buyer’s family members within first civil degree up to second civil degree of consanguinity or affinity.
4. Buying properties via public auction of foreclosed assets is a great way to own your dream home without breaking the bank. However, before deciding to participate in any scheduled auction, it is important to understand various factors. Please read and understand fully the guidelines set by Pag-IBIG Fund and check their website for further details.