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Published by kevincanono21, 2019-03-22 04:50:05

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 1

WARNING

COPYRIGHT

As per Republic Act No. 8293, Section 172:
“Original work” refers to every production in the literary, scientific and
artistic domain. Among the literary and artistic works enumerated in the
INTELLECTUAL PROPERTY CODE OF THE PHILIPPINES includes books and other
writings, musical works, films, paintings and other works, and computer

programs.

Works are “protected” by the sole fact of their creation, irrespective of their
mode or form of expression, as well as their content, quality and purpose. Thus,
it does not matter if, in the eyes of some critics, a certain work has little artistic

value. So long as it has been independently created and has a minimum of
creativity, the same enjoys copyright protection.

WHAT is copyright INFRINGEMENT?

Copyright infringement consists in infringing any right secured or protected under the Code. It may
also consist in aiding or abetting such infringement. The law also provides for the liability of a
person who at the time when copyright subsists in a work has in his possession an article which he
knows, or ought to know, to be an infringing copy of the work for the purpose of:

 Selling or letting for hire, or by way of trade offering or exposing for sale
or hire, the article;

 Distributing the article for the purpose of trade, or for any other purpose to
an extent that will prejudice the rights of the copyright owner in the work

All Rights Reserved © 2019

PUBLIC WARNING: No part of this book/copy/material may be SOLD, REPRODUCED or TRANSMITTED in any forms, in
any means, either in graphic, electronic, mechanical, etc., without the sole permission of the publisher/author whose signature

affix below.

The material you are now reading is legally bonding in nature and is protected by the governing IP Law of the
Philippines by virtue of the Republic Act No. 8293. Any proven VIOLATION made herewith is subject to criminal liabilities and is

punishable to fullest extent of the law.

KEVIN-IAN B. CANONO
Author

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 2

WHAT’S INSIDE?

 Acknowledgement
 Words from the Master
 About the Author

 Chapter 1: Learn the BASICS
1A. Why many Filipinos do not their own houses yet?
1B. Why you should get a HOUSE now? (and not TOMORROW)
1C. What is PAGIBIG ACQUIRED ASSETS?
1D. PAGIBIG ACQUIRED ASSSETS vs Developer Assisted Units?
1E. Pros and Cons of availing a unit through PAGIBIG ACQUIRED ASSSETS
1F. PAGIBIG HOUSING LOAN REQUIREMENTS/ELIGIBILITY

 Chapter 2: Let’s BEGIN your journey!
The HOMEWORK
2A. Where to Begin
2B. PAGIBIG ACQUIRED ASSETS Website Explained
2C. Negotiated Sale 101
2D. Why the BASIC Steps Found in Google Could Cost You A LOT?
2E. The “Great” “Good” and “Bad” Tomatoes

 Chapter 3: Now Let’s MOVE!
The FIELDWORK
3A. House Inspection 101
 Plan Ahead Wisely
 Be Equipped
 Do’s and Don’ts During House Inspection
3B. Why Focus on Your “TARGET” Units

 Chapter 4: All the Way to SHAW BOULEVARD
4A. Be 100% Prepared
4B. Things to Bring
4C. What to Consider
4D. The Process
4E. CONGRATULATIONS!

[Photocredit: nouvellesimages.com]

BONUS! and more FREEBIES! awaits!!

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 3

(THE MASTER’S KEY TO YOUR SUCCESS)

For,

Yoana Idelle (my little angel), Yaffa Ianelle (my valedictorian),
and Mommy Rochelle Lane (my forever)… who’ve been the complete

source of my inspiration, admiration and goal in life to strive even harder each
day no matter what.

CC… our dearest rescued “PusPin” who runs like crazy every time she’s freed

outside her cage.

Ms. Laleine C. Endaya (Acquired Assets Officer I)… the ideal Public

Servant who never got tired answering and addressing all my calls, emails and
series of repeated queries about the PAGIBIG Acquired Assets.

Mr. Oliver F. Canigan (Acquired Assets Officer)… the Man with the

GOLDEN HEART who never doubted and spared substantial amount of money
to a complete stranger like me during my Submission of Requirements when I had
no extra money that day.

And of course,

Our Almighty Lord… for the love, blessings and endless wonders.

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 4

WORDS FROM THE MASTER

First of all, I would like to sincerely THANK you for believing, entrusting and getting yourself a copy this
Ebook. With this material, I will SHARE to you ALL the details, information, valuable TIPS and most important
TRICKS that you NEED to know for you to EFFICIENTLY and EFFECTIVELY get that DREAM home through
the PAG-IBIG ACQUIRED ASSETS program.

(Note: The TIPS and TRICKS written here are the PROVEN ways on how to do “it” based from my
personal experience when I got myself into the same process WAY BACK in late 2017 wherein I finally and
officially got with my DREAM that was turned over to me February 2018. These TIPS and TRICKS will SURELY
save you a lot of time, effort, false hopes, leave credits, and of course, MONEY that most first-timers [and even
non-first timers] fell themselves into when they tried getting a house through PAGIBIG ACQUIRED ASSETS
without having first-hand insights aside from those they can find in Google and social media)

Remember, you have to spend ample amount of time to READ, ANALYZE, STUDY and FOLLOW
every word written in this book because I GUARANTEE you… you will be SO excited to get outside your
home to do INSPECTIONS and fly straight to the PAGIBIG Acquired Assets Office in Shaw Boulevard to
reserve a home AFTER YOU FINISH READING this Ebook!

AIM, PLAN CAREFULLY, and PRAY HARD TO GET THAT DREAM HOUSE because YOU CAN!

May God bless your journey of finding a HOME you can call yours, soon!

[Photocredit: vecteezy.com]

- The MASTER

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 5

ABOUT THE AUTHOR

Kevin-Ian B. Canono, the “Master”, is a registered PWD (person with disability), a proud-to-be former Tricycle
driver who spent eight (8) long years in High School before finally finishing his Bachelor of Science in Marketing Degree
at the University of Makati in 2013, at the late age of 26. He enjoys his FATHERHOOD with his lovely wife, Rochelle Lane
Canono and two cute little angels, Yaffa Ianelle and Yoana Idelle.

Also, he is a multi-awarded literary/creative writer (2nd Prize “Profile Writing Contest 2012” c/o Pimentel Institute
for Leadership and Governance; 1ST Prize “2013 Essay Writing Contest” c/o Global Peace Foundation ; Monthly Winner
“Dream House Challenge-Writing Contest” c/o Property Company of Friends Inc.; Winner “Happiest Christmas Moment
Writing Contest” c/o TV5 Network) and a proud Civil Service Examination passer for both Sub Professional and
Professional Level.

His first shot of employment comes at the De La Salle University- Dasmariñas as an Office Assistant before
transferring to SPi Global as Production Editor—Supervisor I. He also have worked as a Copywriter in Teleforce Asia Inc
before transferring to Wells Fargo where he currently as a full-time TECHNICAL WRITER 2.

Because of a long time DREAM of securing his own crib, he worked all his way from the pale bottom to the top
before having a house through PAGIBIG ACQUIRED ASSETS that he now calls HOME.

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 6

Chapter 1:
Learn the BASICS

[Photocredit: dreamstime.com]

1A. Why Many Filipinos Do Not Have Their Own Houses Yet?
1B. Why You Should Get a HOUSE Now? (and not TOMORROW)
1C. What is PAGIBIG ACQUIRED ASSETS?
1D. PAGIBIG ACQUIRED ASSSETS vs Developer Assisted Units?
1E. Pros and Cons of Availing a Unit via PAGIBIG ACQUIRED
ASSSETS
1F. PAGIBIG HOUSING LOAN REQUIREMENTS/ELIGIBILITY

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 7

Why Many Filipinos Do Not Have Their Own Houses Yet?

If you are reading this by now for the first time, it is most likely that you are one of those Filipinos that
I mentioned on the headliner. Yes, you have to agree with me, having your own home is a GOAL that you and
every parent or individual out there has been aiming of since our childhood days. As easy as it may sounds,
acquiring your own home could be a tough nut to crack because of different factors that affects our decision
making whether to get, or not to get, a house that is offered to us as potential buyers.

According to a representative study conducted by Zipmatch.com about home ownership, the
following factors contribute to why more and more Filipinos do not settle for own home

41% – No savings for a deposit
32% – I am not sure If I’m fInancIally capable
21% – Don’t make enough money
20% – Buying a home is not a priority
12% – Will get married first
12% – Haven’t founD my Dream Home
10% – I want to buy a house in the province, but I currently work in the city
7% – I Have no knowleDge of wHat’s avaIlable In tHe market
2% – I am comfortable lIvIng at my parent’s Home
2% – I am intimidated by the home buying process
2% – I may become an overseas foreign worker

As you can see in the data shown above, the TOP 3 REASONS why Filipinos are getting afraid of
buying their own houses is because of having not enough SAVINGS (41%), immediately followed by the
uncertainty if they are already “financially capable” of acquiring a house (32%) and the assumption that
they “don’t make enough money” for the acquisition (21%).

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 8

I must admit, before I learned about the “BETTER” way of buying a home through the PAGIBIG
ACQUIRED ASSETS program, I also had EXACTLY the same dilemma being reflected in the study above.

(Reality Check: When purchasing a housing unit through a Housing Developer, DEPOSITS cor EQUITY
plus, MOVEIN FEES, HIDDEN FEES, etc etc. could be your worst enemy. )

In fact, regular housing DEPOSITS/EQUITIES alone could reach from a base of 10K to as much as
100K+. And if you are a minimum wage earner or earning a little over that bracket, producing a huge
amount cash in this value is really a painful scenario, that most of the time, would lead our mind to just
ACCEPT the false truth that owning a house under our names is really not MEANT for us who are in the line
of poverty.

Do I Really Have to Get a HOUSE Now?
(…and WHY not TOMORROW)?

PRICE

More than most of the goods and services nowadays, the valuation of Real Estates continue to
expand each year, and as it happens, it is getting more and more difficult for the masses to catch up.

For example, the value of a town house unit in Imus Cavite that cost 627,000 in 2017 could
easily become 800,000 in next 1 or 2 years. Do you want to be in the midst of that increase?

This absolutely defines why investing in real estate is one of the smartest move you can make
if you want to secure a future home, a solid investment, and to make your money safe and at the
same time become profitable (when you use it in business).

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 9

ESCAPE FROM THE METRO

Another thing to consider why you should start getting a home now is the current trend in the
real estate world in the Philippines: GETTING OUT OF METRO MANILA AND OCCUPY THE NEARBY
TOWNS (before they all get sold out)!

[Photocredit: inquirernet.com]

Haven’t you noticed that there is a stream of housing developments in areas surrounding the
Metro Manila like CAVITE, LAGUNA, BULACAN and ANTIPOLO? Care to think why?

Without a doubt, Metro Manila is getting so heavily congested with vehicles, people and even
houses and the only best way to get rid of this is to get out of Manila and live in nearby towns where
cheaper lands, cheaper resources and affordable yet quality housing units are sold.

If you think living in areas like Cavite, Laguna, Bulacan, Rizal etc, is hard for transportation,
think again. With left and right initiatives to make these areas accessible to the public, the
government has created various projects that will make transportation easier for those who live in
these nearby provinces (Skyway, LRT Line 1 Ext to Cavite, MRT extention to Bulacan etc).

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RENTING/LIVING WITH PARENTS IS NOT (never) A GOOD OPTION

Been there… done that.
Yes, I have been trapped in this situation for many years since I entered married life and I tell
you, LIVING a life inside your OWN HOME is so rewarding that you would never wish to rent/live with
in-laws again once you experience having one.
If you have your own house, you can do EVERYTHING with it without thinking limitations and
any house rules except from those from your own.
 You can paint it with your favorite color and no one will knock on your doors to say that it is
forbidden.
 You can live with 101 Dalmatians without receiving notice of eviction from your Landlord.
 You can COME HOME LATE every single night without being scolded by Mom.
 You can leave those DISHES unwashed until the next meal.
 And many more! Can you imagine that? 
CHECK OUT this comparison to see why RENTING/living with inlaws is a proven “NO-NO”:

[Photocredit: pasei.com]

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 11

WE ARE NOT GETTING ANY YOUNGER (NO ONE IS EXEMPTED)

Admit it or not, you are already getting older and the worst case scenario is that you reach
your retirement age without your own home where you can just lay back and listen to good music
the entire day without thinking of any rental fees.

[ [Photocredit: bricktobuilding.com]

Also, is it nice in thoughts that you will be sure to have a property under your name that will
be passed on to your children (and even great grandchildren) when your days reached its limelight?

Indeed, getting a house of your own, under your name, is one of the BEST decision that you
can ever do in your life and if you think it is not yet time to get one, then when…?

…When it’s too late for you?
…When you are too old?
THINK again… and again… and again… and tell me if I’m wrong.
TODAY is always the best time to get one! Don’t waste a chance!

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 12

What is PAGIBIG ACQUIRED ASSETS?

If you are employed/have been employed in the Philippines, most likely, you know what the
PAGIBIG fund is. More than a government institution that regularly deducts a small portion of our salaries
for contribution, PAGIBIG Fund offers beyond Multi-Purpose Loans (or regular Housing Loans like those that
agents in the malls offering) but also a CHEAPER and FASTER way of owning our DREAM HOUSE through
its ACQUIRED ASSETS scheme.

PAGIBIG ACQUIRED ASSETS Department is a division of PAGIBIG Fund that handles, takes care and
distributes these ASSETS such as housing units, land areas, etc., that PAGIBIG Fund has acquired from
Borrowers/Members through their various housing loan programs.

For a CLEAR PICTURE on how PAGIBIG ACQUIRED ASSETS works, please see the following chart:

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LIFE CYCLE OF A Rent-To-Own HOUSING UNIT

DEVELOPER (camella, profriends, dmci, homemark etc) GETS A VACANT LAND AREA

DEVELOPER STARTS MAKING HOUSING PLANS FOR THE LAND AREA
DEVELOPER SELLS THESE PLANNED UNITS TO BUYERS THROUGH “PRE-SELLINGS STAGE”
BUYERS FILE FOR HOUSING LOAN IN PAGIBIG TO APPLY/AVAIL FOR THESE PRE-SELLING UNITS
UPON COMPLETION OF UNITS, PAGIBIG WILL PAY THE AMOUNT OF THE UNIT TO THE DEVELOPER “IN FULL”
BUYER RECEIVES THE UNIT, AND IS NOW SUBJECT TO PAY PAGIBIG FOR THE HOUSING LOAN APPLIED
IN CASE THE BUYER FAILS TO FULFILL MONTHLY AMORTIZATIONS, PAGIBIG WILL FORECLOSE THE UNIT AND RECLAIMS THE HOUSE
PAGIBIG WILL OFFER THESE ACQUIRED UNITS TO INTERESTED MEMBERS THROUGH THE “PAGIBIG ACQUIRED ASSETS PROGRAMS (BIDDING OR NEGOTIATED SALE)”

(YOU)NEW INTERESTED MEMBER RESERVES THE UNIT FOR 1000PHP (Nego) AND EVENTUALLY BECOMES THE NEW LEGAL OWNER OF THE HOUSE*

*Upon Approval
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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 14

Why consider PAGIBIG ACQUIRED ASSSETS vs Regular
Developer-Based Units?

When I was in my early days of “HOME SEARCHING”, I thought that there is only one option if you
want to buy your own house and that is: Through developers alone (like Camella, Homemark, ProFriends,
Duraville, SMDC etc.).

However, I proved myself wrong when I learned about the PAGIBIG ACQUIRED ASSETS and its
programs because I found not just a new option, BUT a BETTER way of owning these exactly the same
DEVELOPER MADE units— but at a CHEAPER, FASTER and EASIER WAY c/o PAGIBIG ACQUIRED ASSETS!

[Photocredit:www.pagibigfund.gov.ph]

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 15
When you avail a foreclosed unit through PAGIBIG ACQUIRED ASSETS, you will get DISCOUNTS
directly on the TCP (Total Contract Price) depending on the mode of purchase you will choose (30% discount
on Cash Basis, 20% for Installment and 10% discount if will be applied through PAGIBIG Housing Loan).

Another thing TO CONSIDER is that a regular housing loan through “Developers” requires the buyer
to pay RESERVATION FEE, MOVE IN FEES, EQUITY/DOWNPAYMENT, ETC that only adds up the burden of
the buyer because of the extra fees that the buyer must shoulder at a given time.

(Please see image below) (Est. move in fee of 5-1000php is not shown in the list)

[Photocredit:www.olx.com]

In PAGIBIG ACQUIRED ASSETS, there will be no EQUITY, no DOWN PAYMENT, no MOVE-IN FEE
and any other HIDDEN CHARGES! You will only pay 1000php for Reservation, 2000php as PROCESSING
FEE and 1-year Advance MRI and Fire Insurance (incidental expenses) totaling to only 5-6K in an average!

2-4 months from the day of reservation, you can already expect to receive the KEYS to your house,
the AUTHORITY TO MOVE IN letter, a copy of the title and the DEED OF CONDITIONAL SALE evidencing
your rights as the new lawful owner of the unit you purchased!

IMPORTANT NOTE: All PAGIBIG ACQUIRED ASSET units are sold in “AS IS WHERE IS” and “1st come 1st served” basis.
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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 16

Pros and Cons of Availing a PAGIBIG ACQUIRED ASSETS unit

There are always two sides of a coin and in this part I will tell you what are the ADVANTAGES and

DISADVANTAGES of getting a unit via PAGIBIG ACQUIRED ASSETS:

PROS

 Relatively the “CHEAPEST Price Available” compared to regular Developer
bought properties

 Clean title
 Great for investment (BARGAIN PRICE)
 Easy repayment options (up to 30 years: Pagibig Housing Loan)
 Guaranteed PRIME (habitable) locations
 Good for business (Buy, Fix and Sell)
 Ready-For-Occupancy (not pre-selling)
 With Established Community (most of the time)
 Updated/Paid Real Estate Tax (by PAGIBIG)
 Secured/ Legal transactions (all are between the BUYER and PAGIBIG only)
 Decide and choose your own UNIT based from your preference.

CONS
 Disputes/Eviction/Settlement with the previous owner/current occupant
 Outstanding/Unsettled Bills (Meralco, Maynilad, Telephone Lines, etc.)
 Tight Competition (with co-members, overall reservation process)
 Physical damages in actual Unit (broken doors, windows, roofs, etc)
 “As Is Where Is” (what you see is what you get)

The CONS stated above CAN be AVOIDED/MINIMIZED if you will FOLLOW the TIPS and
TRICKS found in this book. (WELL, That is the reason why I made this book after all) 

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PAGIBIG HOUSING LOAN REQUIREMENTS/ELIGIBILITY

Now that you have already known some of the BASIC information that you should be aware of before
making a purchase, it’s time to know if you are eligible to GET a house through PAGIBIG ACQUIRED
ASSETS.
(If in case you found yourself not eligible to GET a unit, call PAGIBIG ACQUIRED ASSETS directly for further
assistance).

FOR LOCALLY EMPLOYED

Basic Requirements

 Accomplished Buyer’s Information Sheet (2 copies) with recent 1x1 ID photo (2 copies) (TO BE GIVEN BY
PAGIBIG)

 *One (1) valid ID (Photocopy, back to back) of Principal Buyer and Spouse, Co-Buyer and Spouse, if applicable
 Proof of Income (any of the following):

o Notarized Certificate of Employment and Compensation (CEC) indicating the gross monthly income and
monthly allowances or monthly benefits received by the employee

o Certified One (1) Month Payslip, within the last three (3) months prior to date of loan applicationLatest
Income Tax Return (ITR) for the year immediately preceding the date of loan application, with attached
BIR Form No. 2316, stamped received by the BIR

NOTE: For Government Employees, the Certified One (1) Month Payslip, within the last three (3) months prior to
date of loan application, must be submitted together with CEC or ITR.

Additional Requirements

 Copy of Frequently Asked Questions (FAQ’s) with signature (TO BE GIVEN BY PAGIBIG)
 Photocopy of P1,000.00 Reservation Fee Receipt

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FOR SELF EMPLOYED (Business owners/ freelancers with no employers, etc.)

Basic Requirements

 Accomplished Buyer’s Information Sheet (2 copies) with recent 1x1 ID photo (2 copies) (TO BE GIVEN BY
PAGIBIG)

 *One (1) valid ID (Photocopy, back to back) of Principal Buyer and Spouse, Co-Buyer and Spouse, if applicable
 Proof of Income for (any of the following):

a. Owned Business
 Income Tax Return (ITR),
 Audited Financial Statements,
 and Official Receipt of Tax Payment from bank supported with DTI Registration and Mayor’s
Permit/Business Permit

b. Commission Base
 Commission Vouchers reflecting the issuer’s name and contract details (for the last 12 months)

c. Drivers
 Certified True Copy of Transport Franchise issued by appropriated government agency (LGU for
tricycles, LTFRB for other PUVs)

d. Foreign Remittances and Pensions
 Bank Statements or passbook for the last 12 months (in case income is sourced from foreign
remittances, pensions, etc.)

e. Rental Payments
 Copy of lease Contract and Tax Declaration (if income is derived from rental payments)

f. Sari-sari Store/Mini Groceries, Sub-Contractor, On call Maintenance, Technician
 Brgy.Certificate/Clearance
 Properly Accomplished Certificate of Engagement duly notarized

Additional Requirements

 Copy of Frequently Asked Questions (FAQ’s) with signature (TO BE GIVEN BY PAGIBIG)
 Photocopy of P1,000.00 Reservation Fee Receipt
 Photocopy of 1 valid ID of the signatory in the Certificate of Engagement

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 19

FOR OVERSEAS FILIPINO WORKERS

Basic Requirements

 Accomplished Buyer’s Information Sheet (2 copies) with recent 1x1 ID photo (2 copies) (TO BE GIVEN BY
PAGIBIG)

 *One (1) valid ID (Photocopy, back to back) of Principal Buyer and Spouse, Co-Buyer and Spouse, if applicable
 Proof of Income (any of the following):

a. Employment Contract
 Employment Contract between employee and employer; or
 POEA Standard Contract

b. Certificate of Employment and Compensation (CEC)
 CEC written on the Employer/Company’s official letterhead; or
 CEC signed by employer (for household staff and similarly situated employees) supported by a
photocopy of the employer’s ID or passport

c. Income Tax Return filed with Host Country/Government

NOTE: If documents are in foreign language/s, English translation is required.

Additional Requirements

 Copy of Frequently Asked Questions (FAQ’s ) with signature (TO BE GIVEN BY PAGIBIG)
 Photocopy of P1,000.00 Reservation Fee Receipt

For OFW Members

 Special Power of Attorney (SPA) notarized prior to date of departure

 For OFW member abroad, a SPA notarized by a Philippine Consular Officer, or SPA notarized by a local notary (of the country

where the member is working) but duly authenticated by the Philippine Consulate

 The Fund may also require any or a combination of the following documents:
o Payslip indicating income received and period covered
o Valid OWWA Membership Certificate
o Passport with appropriate visa (Working Visa)
o Residence card/permit (permit to stay indicating work as the purpose)
o Bank remittance record
o Professional License issued by Host Country/Government

NOTE: If documents are in foreign language/s. English translation is required. Page 19

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*List of Accepted IDs

Government-issued picture IDs such as the following:
 Present Company ID
 Government Services Insurance System (GSIS) E-Card
 Social Security System (SSS) Card
 Professional Regulation Commission (PRC) ID
 Driver’s License
 Passport, issued by Philippine or Foreign Government
 Government Office and GOCC ID:

o Armed Forces of the Philippines (AFP) ID
o HDMF-Pag-IBIG Overseas Program (POP) ID
 Integrated Bar of the Philippines (IBP) ID
 Voters ID
 Postal ID
 Overseas Workers Welfare Administration (OWWA) ID
 Senior Citizen Card

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Chapter 2:
Let’s START your journey!

[Photocredit SimplySaf - WordPress.com]

The HOMEWORK
2A. Where to Begin
2B. PAGIBIG ACQUIRED ASSETS Website— Important
Buttons/Information Explained
2C. NEGOTIATED SALE 101
2D. Why BASIC Steps in Google (alone) Could Cost You A LOT!
2E. The “Great” “Good” and “Bad” Tomatoes

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Where to Begin

Your road to having your own house via the PAGIBIG ACQUIRED ASSETS program will start at the
PAGIBIG website (http://www.pagibigfund.gov.ph/) itself. To access this site, please follow the ff:

1. Please search website above until you get directed to the PAGIBIG website.
2. Find and click the “Property Finder” button as seen below:

3. After clicking the button, you will be directed to the ACQUIRED ASSETS webpage or you can
enter the site directly via (http://www.pagibigfund.gov.ph/aa/)

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PAGIBIG ACQUIRED ASSETS Website— Important
Buttons/Information Explained

Main buttons

Main Buttons

PROPERTY UNDER NEGOTIATED SALE
In here are the lists of PROPERTIES that are readily AVAILABLE to be reserved by ANY

interested qualified PAGIBIG member (FIRST COME-FIRST SERVED BASIS).
STEPS ON PURCHASING ACQUIRED ASSET

Clicking this will make you access the “BASIC STEPS” guide in purchasing a house via PAGIBIG
Acquired Asset. Please check this as well so at least you can have “basic” idea on how it is done.

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APPLICABLE DISCOUNTS

Units purchased in Cash payment entails 30% discount on the TCP (Total Contract Price), and
units purchased on Installment basis (1-year term) will enjoy 20% discount while units that will undergo
PAGIBIG HOUSING LOAN (up to 30-year term) will have 10% discount. Learn all these through this button.

CHECKLIST OF REQUIREMENTS
The data in this webpage is the identical to the information I provided in the previous pages

regarding the requirements. You can skip browsing this page.

AMORTIZATION CALCULATOR
This is my favorite part of the PAGIBIG ACQUIRED ASSET webpage. Through the information

that will be generated, you will have an idea on (1) how much will be the ESTIMATED monthly amortization
for your chosen unit, (2) how much can you loan based on your income and (3) how much can you borrow
based on the value of the property.

To take advantage of this amount generator, just CLICK on the button of the information that
you want to know (eg. How much income is required for my desired loan value?), FILL IN the blanks with
the required data (desired loan amount, preferred repayment period, preferred fixed pricing period) and it
will AUTOMATICALLY come up with the detailed information you needed.

Please see screen shot on the next page to see how it looked like:

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To give you an example, I have entered my housing loan amount (with other details) and the
system has automatically given me a ball park figure of PHP4062.34 as monthly amortization for the unit I
got in Green Estate, Imus. Note: Estimated MRI is also included in the final breakdown.

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PAGIBIG ACQUIRED ASSETS Website— Important
Buttons/Information Explained

Announcements

Bidding Schedule

ANNOUNCEMENTS
In this part is where announcements, reminders, news or articles are posted by PAGIBIG

ACQUIRED ASSET. Check this to get up to date news surrounding the fund.
BIDDING SCHEDULE

If you are planning to get a unit through BIDDING (not negotiated sale), this is where PAGIBIG
posts the updated BIDDING schedules that is being offered to public. The bidding schedules come in two: the
1st Bidding and 2nd Bidding. Later in the book, you will know how important these schedules are for you.

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Negotiated Sale 101

By definition, NEGOTIATED SALE is a process that includes only a limited number of potential
buyers, and usually includes one interested party with a high probability to close the transaction.

At this point, it is good to highlight that the tips and tricks found in this book is for buyers who will
get a unit via the negotiated sale option (because most cannot afford to join the biddings held at the
PAGIBIG ACQUIRED ASSET Office that requires a large sum of money, on hand, to be able for one to
participate)

To help you understand more of the NEGOTIATED SALE, please check and study the series below
on how a unit is moved to the negotiated sale option:

(Upon nonpayment) PAGIBIG foreclose/ will take the rights of the unit from the previous owner

PAGIBIG will contact the former owner to settle/buy back the unit

(if failed) PAGIBIG will now put the unit into 1st Bidding (w/o discount)

If no one BID for the unit, PAGIBIG will put the unit in 2nd bidding (w/ discount)

If still, no one expressed interest in BIDDING the unit…

The unit will be placed in the NEGOTIATED SALE for the any interested member to reserve

Members can now freely reserve the said unit for just 1000php

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To help you navigate the PAGIBIG ACQUIRED ASSETS- UNDER NEGOTIATED SALE webpage,

kindly see below:
CLICK the “PROPERTIES UNDER NEGOTIATED SALE” button

Using the drop down menu, click for the province and municipality of the unit/location you prefer most.

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After you fill in the required data, the system will automatically filter the units available based on the
location you chose. Once the data has been filtered, Click “View Property/s” on the right side of your
preferential unit. (Eg. Elisa Homes, Molino IV, Bacoor City, Cavite)

Once done correctly, it will lead to a “pop-up” that shows specific details on the unit you wish to avail.

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IMPORTANT NOTE:
Please pay careful attention to the “STATUS” and “REMARKS” field. In the sample generated, the

STATUS of the unit is “OCCUPIED” which means there is illegal occupant in the unit (this could be the
previous owner, tenant or just a simple land grabber). This should give you a RED flag right away, meaning
it is best to forget this unit, move on and try to find another unit that has “UNOCCUPIED” status instead.

On the other hand, the REMARKS field will show either “AVAILABLE- NEGOTIATED SALE”, “FOR
TITLE CONSOLIDATION”, and “WITH RESERVATION”. If you saw the first two options in the remarks
(“AVAILABLE- NEGOTIATED SALE”, “FOR TITLE CONSOLIDATION), I can say that it is safe for you to
proceed (given that the unit is UNOCCUPIED). However, if the unit has been flagged with “WITH
RESERVATION”, my fair advice is that you skip this property as someone has already got the slots pertaining
to the house.

Why BASIC Steps in Google (alone) Could Cost You A LOT!

People keeps on asking me,
“Why will I BUY an online book that would cost me 200-300php when I can use Google for FREE?”

To be honest with you, if I were in your shoes right now I would react the same way. Information is now
available FREE OF CHARGE via internet and why the heck will I spend a dime anyway for that information?

But I have been there, my dear. I consulted Mr. Google so many times before and made various
researches prior to finding my dream home, and what is the end result? FAILURES.

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I am not saying this for the benefit of the ebook, it’s just that I CANNOT FIND articles/blogs or
websites that have ALL the details you needed to get the house of your “CHOICE” the same way how it is
presented here in this material. Because if there is one, I could have easily gotten those during my initial
stages of HOME HUNTING— but there is none.
Also, the NETWORK of READERS (exclusive Facebook Group Chat) where you will be joined in SOON
will give you better and more insightful experience when you start your journey in getting that home!
But of course, if you want BEST information available (aside from this ebook), the primary source of
info that you would want to uncover is that from the lead agency itself—the PAGIBIG ACQUIRED ASSETS
webpage.
On the screenshot below, according to PAGIBIG, there are ONLY four (4) steps (EASY STEPS) in
purchasing a unit under NEGOTIATED SALE:

In a way I have to agree, following the steps above could somehow, really get you a unit, but there
are high risks factors that you should carefully consider before proceeding to Step 1 (Reserving the property).

This is what we will tackle in the next paragraph.
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The “Great”, the “Good”, and the “Rotten” Tomatoes

Assuming that you have already chosen your preferred “UNOCCUPIED” unit using the
“Properties Under Negotiated Sale” webpage, what you need to do next is not to RESERVE the property yet,
BUT TO INSPECT/VISIT THE PROPERTY first in person…and it is a MUST!

Unlike in getting a unit through agents/developers, the INSPECTION/VISITATION process will all
be shouldered by the buyer. This means, there will be no FREE TRIPPINGS, no free rides, no free lunch, etc.,
because you will do this all by yourself, at the expense of your personal pocket.

Because of this you will need the skills, strategy and proper mindset to be able to inspect and
reach as many units as possible. But first, let me share with you my first try in getting a unit which resulted in
failure. As a home-hopeful, it has been a regular task for me to visit the PAGIBIG website hoping to find a
“good” house unit that would fit my criteria. After months of monitoring the site, I finally found a cheap unit
in located in Dasmarinas, Cavite and this house is just two doors sideways from the house of my sister-in-law
who is residing in that particular subdivision.

I followed what is on written in the PAGIBIG website (the 4 steps) and immediately rushed to
their main office in Shaw Boulevard to reserve the unit without an ounce of hesitation. (Note that the unit
has been tagged with “OCCUPIED” status but I didn’t even care at all back then). In God’s will, in just a few
minutes it has been reserved under my name after the 1000php reservation fee. Of course, I am delighted.

As required, I submitted ALL the needed documents within the next 30 days and waited for
two months for the loan approval. Two months have passed and PAGIBIG texted me the good news; my
HOUSING LOAN has been approved that granted me ALL the rights to occupy and be named as the new
owner of the unit. With the copy of notice of approval, myself, together with my family went to the occupant
(which happens to be a previous tenant of the house, who has not been paying a single cent for decades

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since the original owner left the unit) to inform them that we are now the RIGHTFUL new LEGAL owner of
the house he is living in for FREE, for how many decades.

But in return, what I thought would be a smooth talk became a harrowing nightmare. The
occupant, who is just an illegal tenant, is asking us almost 50,000php just for them to vacate the house. Take
note that the unit is deemed mine already, which is sealed by a binding legal document from PAGIBIG.

After a series of explanation and receiving never ending reasoning from their end, I ended up
giving up with the house (because I will never pay a tenant with that amount) and the scenario made me
broke for weeks as I had already invested a lot of time, effort and money just to get that unit.

In fact, I even relayed the matter to PAGIBIG and they advised me that as the new LEGAL
owner, I have the right to file a case in court and evict the tenant with an Eviction Case. However, pursuing
with a Case will mean spending thousands and thousands of cash and the “abala” it would bring to our
family will never be worth the gamble… so I then quitted with the claim.

This made me realize the amount of money I wasted with the whole process, the time spent, the
efforts, hopes and all the hard works were all put to trash as let go of the unit once and for all.

Having learned a valuable lesson —the hardest way— with that experience, I created a better
plan to properly classify and target units the second time around to ensure that the house that I will be
currently reserving will be a “good” one and not like the same as that of the mentioned. Created by
experience, I developed the following classification:
ROTTEN TOMATOES

These are the kind of units that you should COMPLETELY avoid! They are the ones tagged as
“OCCUPIED” in the PAGIBIG ACQUIRED ASSET- Property Under Negotiated Sale webpage. Once you saw
that the unit has this status, stay away from it and move to the next one. However, based from my
encounter with different units being offered by PAGIBIG, there are UNOCCUPIED units that ALSO belong to
this criterion. These are the UNOCCUPIED units that have left almost destructed by man or nature.

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They are the houses that have been left open for years and gave intruders the opportunity to steal the doors,
entire windows, toilet bowl and even roofing of the unit, etc. There will also be major damages, cracks and
other physical destruction/abuses and expenses that the new owner needs to shoulder in case you reserve for
these kinds of houses. In my experience, I even saw a unit that has become a “chicken-goat den” by the
neighboring house. The unit has chicken and goat poops all over the house up to the second floor, including
the walls, making future house improvement as difficult and expensive as hell. Rotten tomatoes also include
units that has BIG outstanding bills and other obligations (Meralco, Water, HOA, etc)
GOOD TOMATOES

Good tomatoes are the units that belong in your “pwede na” list. In general, they are the
UNOCCUPIED units that are mildly abused by man or by nature. For units under this classification, the house
could have slight cracks on the wall, some missing windows, and slightly broken doors/not so damaged house
interior. Improving houses like these could cost you some expenses, but of course, that is better than not
having a unit at all or having a Rotten Tomato instead. In all, ending up getting these units is still very
rewarding in every sense.
GREAT TOMATOES

If there is a DREAM home, here is where you can find them. These are the UNOCCUPIED and
locked units that seemingly looked “good as new”. They are most likely never been occupied before (even by
the previous owner) with intact housing fixtures like doors, windows, sink, toilet, etc. If you are lucky enough,
some units already have a standby water connection, electricity line and even major improvements made in
the house (such as tiles, partition, gates, canopy, etc.). Aside from the physical aspects of the house, pricing
could be a factor to determine if a unit fits this batch. If you will have the perks mentioned above and the
price of the unit is lower compared to most, then you probably have a GREAT TOMATO in your basket!
(Do you know that unit I RECENTLY got falls in this group? Yes! Continue READING to know how I did it)

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Chapter 3:

Now Let’s Move!

[Photocredit:tenthamendmentcenter.com]

The FIELDWORK
3A. House Inspection 101
 Plan Ahead Wisely
 Be Equipped
 Do’s and Don’ts During House Inspection
3B. Why Focus on Your “TARGET” Units

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House Inspection 101

Now that you are finally aware of the three kinds of units (Rotten, Good and Great Tomatoes) that
you must consider before reserving a home, the next step is to work it out and visit your preferred units “in
person” to see the actual standing of the house itself and to know what criteria they belong to.

Plan Ahead Wisely

Nobody wants to spend more money and waste precious amount of time right? In doing house
visits/inspection try coming up with a plan that you would be able to visit MORE units at a LESSER time and
at a lower cost. In my case, I first decided on what subdivision I really like the most which is Green Estate,
Imus and listed down ALL the available units in that place. Also, I searched for other nearby subdivisions with
available units located in the same area where I can visit too in case I have extra time. This way, I covered
and visited ample amount of units in a single day without wasting my time, energy and money on public
fares.

Be Equipped

Same as going out for a vacation, you need to get equipped when doing house inspection especially if
you will visit these houses by foot (if you do not own a VEHICLE like me). [Update: I now own a motorcycle]
BRING THE FOLLOWING:

 Water bottle – Yes, entering and walking inside a subdivision that you are not familiar with can really
be a tiring experience. Remember that you will look for units based on Blocks, Lots and Phases only
and walking in a distance could cause dehydration and fatigue. Better be prepared than feel sorry.

 Umbrella – Common sense, you should not forget this as you will never know when it will rain or
when the sun will strike at its hottest. (This could be a good defense for bad stray dogs, believe me)

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 Complete List of Target Units – Never rely on your cellphone’s data for the Unit Number/Adress of the
houses that you are planning to visit because certain areas have weak data connection. This exclusive
list should include ALL the details of the units that you are planning to inspect. From my experience, I
had 20+ units listed and each one of them are classified according to their actual location (which are
nearest to the gates, main roads, etc)

 Ballpen – Remember that you cannot REMEMBER it all! Each time that you finished inspecting a
unit, mark it in the Complete List of Target Units with your remarks, feedback/comments. You can
also RATE (mine with stars) the units you visited based from your preference. This will be a great help
when you are already deciding at home on which amongst the UNITS you inspected are the BEST
ones available.

 Proper Identifications – You could be asked by the guards, homeowners association or neighbors
themselves to identify yourself and you would never want to be suspected as a thief/kidnapper right?
Bring your IDs and other identification materials just in case needed for this purpose.

 Camera – Whether a DSLR, a digicam or even your personal phone would work pretty well. Take
pictures of the interior and exterior of the units you visited for reviewing purposes. Indeed, having
photos of the interior and exterior of the house helps great in cherry picking a unit.

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 Cellular Phone – It is a no-brainer to remind this but yes, bringing your cellphone (with wifi/data
connection) will give you more benefits. Aside from taking photos, you can search for information
right away like Maps, fare guide, etc. Make sure you load your phone right away just for emergency
purposes.

 PRINTED (google) MAPS – Who needs an ATLAS these days? No one! Be sure to do your homework
correctly by printing actual Google Map images that will serve as your real-time map (do not rely to
your cellphone alone). Seeing you holding a map-LIKE paper will also create an impression to the
neighborhood that you are serious and you are really interested in getting your target homes.

 PRINTED SUBDIVISION PLAN (if available) – Google Map can show you the actual roads, houses
and streets instantly, BUT, how will you know which of these roads can lead you to the BLOCKS and
units that you are looking for? To avoid wasting your energy, search for the SUBDIVISION PLAN of
the units that you will be checking and that would give you a BIG comfort. (See sample below)

]

[Photocredit: www.olx.com]

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Do’s and Don’ts During House Inspection Don’ts

Do’s

Bring a lot of patience Opening of a “locked” unit by force

Kindly inform neighbors (if they are around) Disrespect authorities such as guards, HOA

that you will be inspecting/entering a certain and even neighbors.

unit

Ask neighbors about the neighborhood Vandalizing or putting markers on the units

itself/history of the house (eg. Flooding, you visited.

water connections, theft, noise, etc.,)

If needed, slightly pretend to be the Do not OVER PRETEND that you are the

current/new OWNER of the unit (sounds current/new owner of the unit.

clever, but this is 100% effective and helpful)

Know your purpose/everything that you will Do not break windows and doors just to be

be talking about able to sneak in.

Coordinate with HOA, guards and Do not create too much noise or attention

developer, if needed

Check/get as many billing information as Giving too much information to the

possible (Meralco Meter number, neighbor (They might get interested as well

outstanding bills on the floor) in taking the unit before you)

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Why Focus on your “TARGET” Units?

Again, Target Units are the list of the units that you prefer the most. By having solid target
units, you can construct a plan on how to visit the area/subdivision in the easiest and most
comfortable way.

As I previously mentioned, in my case, I listed down 20 target units from a common subdivision
and these are the units I thoroughly inspected one-by-one during my visit.
Do you know what I found out?

Out of those 20 “UNOCCUPIED” units, 12 has been tagged by myself as “Rotten Tomatoes”, 6 as
“Good Tomatoes” and the remaining 2 happen to be the few “Great Tomatoes”.

What does this prove? Well, if in case I did not go on with an inspection and simply used
random picking (bahala na) method during reservation, there is an 80% chance that I will come up
picking the not-so-good units, or worse, the Rotten ones. But because I got the Target Units List
readily available, I got aware before-hand on which of the 20 UNOCCUPIED units should I FIGHT-
FOR-MY-LIFE when I do the reservation process.

As a result, I got the BEST among the two “GREAT TOMATOES” in my list! This unit is the one I
ranked with “5 stars” during my personal evaluation when I was visiting the area and because of the
classification/rankings I made, I would still know which of which should I reserve “next” in case my
TOP choice has already been taken by someone else.

Are you excited to have the same on your own? Read along!
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Chapter 4:

All the Way to SHAW
BOULEVARD!

(for NCR accounts [cavite/rizal/bulacan/MM])

[Photocredit:gallery.sunstar.com.ph]

4A. Be 100% Prepared
4B. Things to Bring
4C. What to Consider
4D. The Process
4E. CONGRATULATIONS!

Important Note: LAGUNA-BATANGAS and those in other accounts may use relatively the same information below BUT with
changes in actual PAGIBIG office address-hub in your area.

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Be 100% Prepared

Now that you already have finished the INSPECTION and you ALREADY HAVE the target list
marked with the ratings/comments/feedback/classification, the next thing that you need to do is to wait,
plan and to prepare to get to the PAGIBIG ACQUIRED ASSETS Office in Shaw Boulevard and have the
unit/s you prefer be reserved under your name. But before that, make sure to spare some time reviewing the
data and information that you have gathered during your inspection ensure you’ll come up with the best
choice. This includes scanning of photos of the units, price, accessibility/location of the unit, the neighborhood
itself, the neighbors themselves and other factors to help you decide which in the list shall really be your TOP
choice dream home.

After that, let’s say that you have already made an evaluation and you now have a solid list of
“Preferred Units”, it is highly advisable to prepare carefully on the day that you will make to the PAGIBIG
OFFICE in Shaw Boulevard

You can Google the easiest and most convenient way of going to the office, and for me who comes
from the South (Cavite), taking the MRT and alighting at Shaw Blvd. Station is always the best option. From
there, I will have a short walk to the jeepney terminal beside “Starmall-Crossing” and that jeepney ride will
take me straight to the PAGIBIG ACQUIRED ASSET Office.

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Things to Bring for the RESERVATION

 Two (2) Valid IDs
 1 month PAYSLIP
 1000php Reservation Fee
 50-150php for Notary Public (MONEY SAVING TIP: If you want to save, the NOTARY PUBLIC outside the

building, right across the PAGIBIG Building, has cheaper prices (50php ONLY!) compared to the one located at
the 2nd floor of the building.)
 At least extra 30php for PHOTOCOPIES (TIP: Though photocopy services is cheaper outside the building, the
stall just right beside the escalator produces clearer copies.)
 Folder/Envelop/Paper Cases just to have your documents secured after transaction
 Food/Water/Ballpen
 List of Marked Target Units
 Umbrella (You do not want your documents get wet if rain pours)

What to Consider

 Travel Time – You have to plan well on what time you should be at the Office. The earlier you are, the better.
 Traffic – You do not want to get stuck in Traffic for 4 hours right? Remember, many people will be rushing to

the office for the same purpose as yours. Beat them by time.
 Weather Disturbances – There are times that the Government suspends work in the government in harsh

weather. Please be aware of this.
 Holidays – No one works in holidays, especially the government agencies. Check your calendar and some

announcements for scheduled holidays.
 Long Lines – As I’ve said, people coming from different cities and provinces are rushing to this office to get their

dream houses like you. Do not be discouraged if you saw long lines. There are queue numbers available from
the front desk officer and everyone will have their chance accordingly.

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The “basic” Process (subject to changes as per PAGIBIG guidelines without prior notice)

PAGIBIG, like any other government offices in the country, begins its services at 8:00 in the morning
and ends at 5:00 in the afternoon. As a suggestion, it will be BEST if you will get here as early as possible
(even before 8am) to avoid long lines and massive traffic build up surrounding the area.

Assuming that you have already made it “on-time” to the PAGIBIG ACQUIRED ASSET Office
Building in Shaw Boulevard, just take the escalator leading to 2nd floor and enter the door on the left
which is the PAGIBIG ACQUIRED ASSETS Office. Here, you will be halted by guard for baggage
inspection and then you will be directed to the front desk officer for the queue. Just tell the front desk
officer that your purpose is “For Reservation” and he will hand you the queuing number.

After which take a seat in front of the appropriate counters and wait until your number is called.
When your turn has come, the PAGIBIG Acquired Asset Marketing Officer will ask for the details of the
Unit/s you wish to reserve and they will let you know if it is still available for reservation. When everything
seemed to be in order, the Officer will ask you to fill up a number of documents and will require you to
Pay the 1000php Reservation Fee to the Cashier (this requires separate Queue in most cases). Depending
on the officer, they could also instruct you right away to photocopy and Notarize some of the papers.

Once you are done with all these processes (paying the Reservation Fee, filling up documents,
photocopying and notary public) you have to get back to the same Officer to submit the accomplished
documents and the officer will complete the entire process by giving you copies of the official documents,
the list of requirements/payments you need to submit/make for the next 30 days and everything else that
you need to know. All in all, the entire RESERVATION process once your number is called could be
completed in less than an hour, in average.

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CONGRATULATIONS! (…but WAIT! not yet!)

As easy as that, YOU can now say to yourself that you’ve finally got your DREAM house on the
running! After the reservation procedure, it is likely that you will submit all the requirements needed (list
will be given by PAGIBIG) and Pay for the Incidental Expenses (1 year advance MRI and Fire Insurance +
2000php for Processing Fee) within the next 30 days.

To give you sample figures, my own unit that has a TCP of 628000 had a total of 4000PHP+ for
Incidental Fees ALL-IN (reservation fee inclusive). So, if the unit you bought has a much cheaper TCP,
expect that the total incidental expenses will be much lower as well.

In the event that you have already submitted the necessary requirements along with the full
payment of the Incidental Expenses within the next 30 days from the date of your reservation, all you
need to do is to wait for at least 2-3 months for the SMS/call from PAGIBIG confirming the approval and
other details on how/when to claim your APPROVAL NOTICE, AUTHORITY TO MOVE IN, KEYS (if
available), TITLE (COPY) and DEED OF CONDITIONAL SALE.

Time Line

RESERVATION (1 DAY)

SUBMISSION OF REQUIREMENTS/PAYMENT OF INCIDENTAL EXPENSES (WITHIN 30 DAYS AFTER RESERVATION)

LOAN APPROVAL/RELEASING OF DOCUMENTS IN FAVOR OF THE BUYER (WITHIN 2 MONTHS AFTER SUBMISSION)

MOVE IN!

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Master’s SECRET Key To Your Success!

Having reached this part of the book, I believe you are already EQUIPPED with the “BASIC”, simple tips
and tricks on how to reserve a unit from the LIST of available properties you extracted inside the “PROPERTIES
UNDER NEGOTIATED SALE” page in the PAGIBIG Acquired Asset portal.

As what I told you in this book right at the beginning, you WILL never know it ALL if you will only consult
the “BASIC INFORMATION” that you can find in Google or even in the PAGIBIG webpage itself alone.

Now, what do I mean here?

To tell you the TRUTH, getting a list of TARGET UNITS from the units found in “PROPERTIES UNDER
NEGOTIATED SALE” (as recommended by PAGIBIG website itself and even Google articles) is for me, a suicidal
move.

Do you want to know why?

Let me stress this one out. There is a 97% chance that the units that you will be seeing inside the
“PROPERTIES UNDER NEGOTIATED SALE” webpage are what I personally call “LEFT-OVERS” units or those
that has not been taken/ reserved for a period of time. Or if not, somebody might have already reserved the
unit the moment you saw them posted on the website.
GO AND TRY this to know what I mean:

Go to the PAGIBIG Acquired Assets portal—“PROPERTIES UNDER NEGOTIATED SALE” and check the
list of properties in “hot” areas such as Cavite, Bulacan, or Metro Manila and you will see an alarming

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similarity: MOST of the units posted here are either, “OCCUPIED”, “WITH RESERVATION” or has an
“EXPENSIVE” price. Do you remember what classification I give to units with these descriptions? Correct!
They belong to the ROTTEN TOMATOES that you should stay away from.

Though there is still a chance that you can get a “GOOD” unit by referring to the PAGIBIG Acquired
Assets portal—“PROPERTIES UNDER NEGOTIATED SALE” webpage alone, the chances for this are very slim
because other members who fall in line in the PAGIBIG office in Shaw could have already reserved the units
ahead of you.

If this has been the actual case, then, is there ANOTHER way to efficiently get a GREAT unit ahead of
the others?

OF COURSE there is… and I will teach you how I did it based from the techniques and strategies that I
personally formulated after months/years of studying and getting through the overall PAGIBIG ACQUIRED
ASSETS process myself.

On this part of the book, I will EXCLUSIVELY teach you HOW to get it smoothly DONE (BEYOND the
basics) without even accessing the “PROPERTIES UNDER NEGOTIATED SALE” page. This is one of the most
important parts of the material as the information you will be learning will be the foundation of the next
actual steps that you will be dealing with once you started going out and visit units.

READ carefully and FOLLOW these steps:

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First, get to the PAGIBIG ACQUIRED ASSET portal (http://www.pagibigfund.gov.ph/aa/) and instead
of clicking the “PROPERTIES UNDER NEGOTIATED SALE” button, pay close attention to the
“SCHEDULES OF PUBLIC AUCTIONS” (HOME PAGE):

To Access the Bidding List,
1. Go to the PAGIBIG ACQUIRED ASSETS website (http://www.pagibigfund.gov.ph/aa/)
2. Click the Home button.
3. Scroll down the page and you will find Schedule of Public Auction headliners.
4. Click the inclusive Dates of the bidding schedules to view the BIDDING LIST.
5. View the Bidding List and click the Download Icon.
6. Refer to the downloaded Bidding List in checking/looking for available units.

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Think of this, if you will go back to “NEGOTIATED SALE 101” in Chapter 2, you will notice that the
ACTUAL UNITS that is going to the 1st and 2nd Biddings are the same identical units that will be OFFERED
and PLACED into the “PROPERTIES UNDER NEGOTIATED SALE” after their respective 2nd bidding failed.

TIMELINE: Second Bidding (with Discount) Under Negotiated Sale
First Bidding (without Discount)

Are you now getting at least a glimpse of the strategy?

Let me show you, when the 1st Bidding failed, the units will be scheduled for 2nd Bidding most probably
the following month, and if the 2nd Bidding still failed, the units will be PLACED in the “PROPERTIES UNDER
NEGOTIATED SALE” on the NEAREST posting date (ANYDAY) after the 2nd bidding.

Let’s take the previous 2nd Bidding for NCR-CAVITE as our example. When you click the bidding date
links in the PAGIBIG webpage (shown in screenshot above), it will show you a PDF file containing the BID
guidelines and also the COMPLETE list of available units for 2nd bidding. (Please see sample below)

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