Paano Bumili ng Pag IBIG acquired Assets (Negotiated Sale) Step-by-step tutorial

How do you buy/avail Pag-IBIG acquired assets under negotiated sale? I'll show you how in this step-by-step tutorial. Note: Video language is in Filipino (Tagalog) but English closed captions/subtitles are also available. For more foreclosed property investing tips and updated listings, subscribe to my channel: 👉 https://www.youtube.com/c/JayCastillo... ==Links mentioned in the video=== Pag-IBIG Official website for their acquired assets/foreclosed properties for sale: 👉 https://www.pagibigfund.gov.ph/acquir... My compilation for Pag-IBIG acquired assets/foreclosed properties listings: 👉 https://www.foreclosurephilippines.co... My Classifieds Database of foreclosed properties in the Philippines (with more than 20,000 properties): 👉 https://www.foreclosurephilippines.co... Search for foreclosed properties in the Philippines per City / Province 👉 https://bit.ly/foreclosedlocations ===Timestamps=== 00:00 Intro to process for buying Pag-IBIG acquired assets under negotiated sale 00:14 Step 1a - Search in Pag-IBIG's official website (PDF files) 01:20 Step 1b - Search using classifieds database of foreclosed properties 02:58 My goal: create a searchable database of Pag-IBIG acquired assets 03:12 Step 2: Inspect properties and more due diligence 04:21 Tip: Compare w/ similar properties for sale to know if the price is really cheap 04:48 Check arrears (unpaid utilities and HOA/Condo dues) 05:33 Check the title/tax declaration 05:42 Lis Pendens example 05:53 Pag-IBIG's listings often include the title number 06:03 Why/how to get a certified true copy of the title 06:19 What to do if a property is "Occupied" 06:28 "Unoccupied" properties can have illegal occupants 06:48 Step 3 - Submit offer at the designated dropbox - Need to register 07:28 Use official Pag-IBIG Offer to purchase form 07:47 Payment modes and the corresponding discounts 08:03 No need to pay reservation fee when submitting offers 08:21 A representative can submit offer for you 08:40 Step 4 - Determination of winning offers (opening of envelopes) 08:52 Witnessed by COA representative (buyer attendance is optional) 09:24 Criteria for winning offer 09:41 How to know if you won (SMS, email, website) 09:53 Winning offers - required to pay the non-refundable reservation fee 10:06 5% downpayment required with payment mode is cash/short term installment 10:14 Step 5 - Receipt and signing of Deed of Conditional Sale (DCS) 10:37 Step 6 - Submission of signed DCS 10:42 Who will shoulder the cost of notarization? 10:48 Tip for saving on notarization fee 10:56 Other requirements (pause the video to view) 11:04 Step 7 - Start of monthly payments 11:15 If cash payment mode, 30 days is the deadline to pay balance 11:26 Something is missing in the Steps: When can you Move-in? 11:55 Pag-IBIG will not assist buyers with moving-in 12:19 Importance of avoiding "Occupied" properties 12:34 When can you move-in? 12:56 Got questions? Ask them in the comments 13:04 How about properties for sale via public auction? 13:10 Full disclosure 13:14 Pag-IBIG no longer allows brokers/agents to sell their acquired assets #foreclosedproperties #realestateinvesting #foreclosedpropertiesphilippines