Home Prices Reduced Significantly

Pag-IBIG Fund is holding a "Super Sale" from August 25 to December 14, offering over 30,000 foreclosed properties with significant discounts. Cash buyers of occupied properties can save up to 40% off the original price, while those using short-term installment plans get a 30% discount. Unoccupied homes also have reduced prices, with discounts ranging from 15% to 35% depending on the payment method.

The sale is open to everyone, but Pag-IBIG members, especially minimum-wage earners and Overseas Filipino Workers, have added advantages. They can access subsidized housing loans with rates as low as 3% for the first five years, provided the property price falls within the set ceilings. This initiative is part of the Expanded Pambansang Pabahay para sa Pilipino (4PH) housing plan.

The entire process is online via Pag-IBIG’s Centralized Online Public Auction platform, allowing users to browse listings, bid, and purchase properties remotely. New properties will be added weekly until the sale ends. Potential buyers should carefully review listings and, if possible, inspect the properties, as they are sold on an "as is, where is" basis.

This "Super Sale" presents a valuable opportunity for bargain hunters, renters, and families seeking affordable homes. With substantial discounts and an accessible online platform, Pag-IBIG aims to make homeownership more attainable for Filipinos.