How to Avail a Pag-IBIG Acquired Asset?

PROCESS/ STEPS OF PURCHASE:

1. Inquiries and reviews list of acquired assets available for sale at the Acquired Asset Management Group, 2/F JELP Business Solutions Center, 409 Shaw Boulevard, Mandaluyong City or thru HDMF website. Note: Must call Pag-IBIG office at 6541398 to verify that the property is still available. Note: Choose unoccupied status property to avoid hassle.
2. Inspect the property.
3. Attend the Housing Loan counseling being conducted daily (Monday to Friday), 10:30 am at the 2/F JELP Business Solutions Center, 409 Shaw Boulevard, Mandaluyong City.
4. Fill out the Reservation and Purchase Offer Form, indicating the chosen mode of payment and pay a non-refundable reservation fee of P1,000.00 (part of P3,000.00 processing fee).
5. Received notice of Approval of Sale and Disclosure Statement on Loan Transaction within 15 days from submission of the Purchase Offer and payment of reservation fee.
6. For cash purchase: Full payment of the selling price shall be made within 30 calendar days from receipt of the Approval of Sale. For purchase of housing loan program with Pag-IBIG Fund: Submit the complete documentary requirements (checklist on my other notes) within 30 calendar days from receipt of the Approval of Sale and pay the incidental expenses (P2,000.00 processing fee + 1 year advance insurance premiums + transfer cost).
7. Execute  and submit notarized Contract-to-Sell (CTS) and other mortgage documents evidencing the loan in favor of the Fund.
8. Start paying the monthly amortization after 30 days from date of signing/execution of the mortgage documents.

Get 30% discount (for cash buyers) and 25% discount (for those who will loan from Pag-IBIG Fund) in top of the affordable price listed online.

Note: I used to be accredited with Pag-IBIG's acquired assets but due to time constraint I wasn't able to work on this. It is still best to visit Pag-IBIG official website or office for this matter or for any updates and changes they may have.