Youtor
Paano Bumili ng Pag IBIG acquired Assets Negotiated Sale Stepbystep tutorial
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=96Amj0TOklY
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
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