Paano Bumili ng Pag IBIG acquired Assets 2020-2021 (Negotiated Sale) Step-by-step tutorial

Paano bumili ng Pag-IBIG acquired assets under negotiated sale? Eto ang step-by-step tutorial updated for 2020-2021 dahil sa pandemic.

Note: Video language is in Filipino (Tagalog) but English closed captions are also available.

For more foreclosed property investing tips and updated listings, subscribe to my channel:
👉 https://www.youtube.com/c/JayCastillo?sub_confirmation=1

==Links mentioned in the video===
Pag-IBIG Official website for their acquired assets/foreclosed properties for sale:
👉 https://www.pagibigfund.gov.ph/acquiredassets.html

My compilation for Pag-IBIG acquired assets/foreclosed properties listings:
👉 https://www.foreclosurephilippines.com/pag-ibig-foreclosed-properties-for-sale/

My Classifieds Database of foreclosed properties in the Philippines (with more than 20,000 properties):
👉 https://www.foreclosurephilippines.com/classifieds/

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

Видео Paano Bumili ng Pag IBIG acquired Assets 2020-2021 (Negotiated Sale) Step-by-step tutorial канала Jay Castillo