Check the list of available properties - Visit the Pag-IBIG Fund website or go to their branch to get the latest list of foreclosed properties. You can also check local newspapers, social media pages, and online classifieds for property listings.
Choose the property - Once you have identified the properties that you are interested in, evaluate each one based on your preferences, location, price, and condition.
Attend the auction - Pag-IBIG Fund conducts public auctions for its acquired assets, and interested buyers must attend these auctions to bid on the properties they want to purchase. The auction schedule is usually posted on the Pag-IBIG Fund website or announced in local newspapers.
Register for the auction - To participate in the auction, you must register and submit the necessary documents required by Pag-IBIG Fund, such as valid IDs and proof of income.
Bid on the property - During the auction, you can bid on the property that you are interested in purchasing. The highest bidder will win the auction, subject to the terms and conditions of Pag-IBIG Fund.
Complete the requirements - After winning the auction, you must complete the necessary requirements, such as paying the down payment and other fees, signing the necessary documents, and complying with the terms and conditions of Pag-IBIG Fund.
Take possession of the property - Once you have completed all the requirements, you can take possession of the property and begin the process of transferring the title to your name.