This is the list of public auctions to be conducted by Pag-IBIG for the month of October 2016.
Just like in previous months, Pag-IBIG foreclosed properties are to be auctioned off in tranches by various Pag-IBIG branches in different auction venues. Details below.
For easy reference I have tabulated the auctions by date, auction details, and links to the invitation to bid/complete list of properties included in each auction.
The table can be found below, and I have also included download links for the invitation to bid per auction.
Reminder: If you have any questions, please read the invitation to bid first as most questions already have answers in the file. The invitation to bid for each auction also includes general guidelines and instructions for bidders and contact details of Pag-IBIG.
Pag-IBIG foreclosed properties auction schedules (October 2016)
| Auction Date | Auction Details | Locations / Download links | Total properties |
|---|---|---|---|
| October 4, 2016 | Zamboanga Branch When: October 4, 2016 at 8:00AM Where: Crystal Ball Grand Astoria Hotel Mayor Jaldon St., Zamboanga City (No Discount) | Locations:
| 26 |
| October 7, 2016 | Davao Branch: When: October 7, 2016 at 8:00AM Where: Dawn's Cafe Function Room National Highway, Quezon Blvd., Kidapawan City (No Discount) | Locations:
| 38 |
| October 11, 2016 | NCR Branch: When: October 11, 2016 Where: 7th Flr. JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City (No Discount) | Locations:
| 194 |
| October 12, 2016 | NCR Branch: When: October 12, 2016 Where: 7th Flr. JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City ERRATUM: Must read! (No Discount) | Locations:
| 482 |
| October 20, 2016 | Naga Branch: When: October 20, 2016 Where: Pag-IBIG Fund Naga Housing Business Center ALDP Bldg., Diversion Road, Naga City (With Discount!) | Locations:
| 42 |
| October 21, 2016 | Davao Branch: When: October 21, 2016 @ 11:00AM Pre-Bid: October 21, 2016 @ 9:00AM Where: HDMF Tagum Members Services Branch Training Room, Nicole's 22 Building, Assessor's Village Apokon Road, Tagum City (No Discount) | Locations:
| 39 |
| October 25, 2016 | Davao Branch: When: October 25, 2016 @ 11:00AM Pre-Bid: October 25, 2016 @ 9:00AM Where: Jolibee GenSan party Area national Highway, Generat Santos City ERRATUM: CHANGE OF AUCTION DATE FROM OCTOBER 24, 2016 TO OCTOBER 25, 2016. (No Discount) | Locations:
| 44 |
| October 25, 2016 | Iloilo Branch: When: October 25, 2016 Where: 2nd Floor GT Mall Plaza, M.H. del Pilar St., Molo, Iloilo City (No Discount) | Locations:
| 49 |
| October 26, 2016 | NCR Branch: When: October 26, 2016 Where: 7th Flr. JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City (With Discount!) | Locations: Cavite:
| 375 |
| October 27, 2016 | NCR Branch: When: October 27, 2016 Where: 7th Flr. JELP Business Solutions Center, 409 Shaw Blvd. Mandaluyong City (With Discount!) | Locations:
| 295 |
| Total | 1,584 |
Source: Official Pag-IBIG website
Discounts are available!
For a number of auctions, Pag-IBIG has mentioned the following details about the discount:
Additional discounts shall be given to winning bidders, depending on their chosen mode of purchase, as follows:
| MODE OF PURCHASE | ADDITIONAL DISCOUNT |
|---|---|
| CASH | 20% |
| SHORT TERM INSTALLMENT | 10% |
Auction details
The public auctions conducted by Pag-IBIG are mostly done through sealed bidding where interested parties will have to submit their sealed bids using the official bid forms from Pag-IBIG, along with the required 10% bid bond.
Please refer to the invitations to bid for complete instructions.
“Can I purchase through a Pag-IBIG housing loan?”
The obvious answer is “Yes”, you can purchase the foreclosed properties through a Pag-IBIG loan. Again, please refer to the Invitation to Bid to get the complete details, or contact Pag-IBIG directly.
For more details, please contact Pag-IBIG directly through the contact details specified in each of the listings above. You may also download the official forms directly from Pag-IBIG’s website.
Full disclosure: Nothing to disclose. We are not accredited real estate brokers of Pag-IBIG. We are posting this as a form of public service because a lot of you have been asking for updated listings of foreclosed properties from Pag-IBIG.
Reminders:
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.
If you have any questions/inquiries, please contact Pag-IBIG directly through the contact details within the listings above, or visit their official website. Always transact with Pag-IBIG directly. Thank you for understanding!
P.S. If you like to receive more listings like this, you may also subscribe to e-mail alerts to get notified when we publish new listings.
