Owning a house can cost you big amount of money. The good thing is that there are affordable and cheap properties for sale that you can find in the Philippines.
There are various options where you can find a list of places where you can find cheap houses for sale. Here are some options that can help in making your search:
- Pag-Ibig Home Development Fund
If you’re looking for affordable and cheap properties, you can turn to government agencies such as PAG-IBIG Home Development Fund. This agency has a list of properties that are scheduled for public auction posted in their website. You can join in the bidding of the properties at a discounted price. However, you should check first the properties before bidding to ensure that it is worth to invest.
- SSS Acquired Assets
The Social Security System is also selling acquired assets. You can visit the official website of the agency and check the list posted on it.
Local Banks in the Philippines
Most of the banks in the Philippines are posting list of acquired and foreclosed properties for sale. Some of the banks where you can find list include the following:
- Security Bank
- Maybank Philippines
- Bank of Commerce
- Veterans Bank
- Eastwest Bank
- Bangko Sentral ng Pilipinas
Real Estate Websites
Searching for affordable properties online is the easiest and most convenient way to own a house. Some real estate websites offer pre-owned properties. You can also find foreclosed properties, house and lots, and condominiums that suit to your budget.
Property/Real Estate Developers
Making inquiries from property developers enables you to find real time information about the properties that you want to obtain. You can either visit their offices, their website or talk personally to their sales agents. Some of the property developers to consider include Ayala Land, Federal Land, Megaworld Corporation, Vista Land, Filinvest Land, SMDC, Century Properties, and Robinsons Land.
Many sales agents and real estate brokers post their list of properties for sale in their Facebook Pages and Groups. This option allows you to obtain faster response from the sales agents.
You can ask referrals from your relatives and friends who have bought properties before.
Whatever option you may choose in looking for affordable properties for sale, you should keep in mind that conducting an independent evaluation of the property is a must.