Home Properties Where to Find Affordable Properties in the Philippines

Where to Find Affordable Properties in the Philippines

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.Where-to-Find-Affordable-Properties-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:

Government Agencies

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  • 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.

Read also: Tips before Buying Real Estate Properties in the Philippines

  • 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:

  • BDO
  • BPI
  • PNB
  • Security Bank
  • RCBC
  • Metrobank
  • PSBank
  • Unionbank
  • ChinaBank
  • Maybank Philippines
  • Bank of Commerce
  • Veterans Bank
  • Eastwest Bank
  • DBP
  • 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.

Social media

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.

Referrals

You can ask referrals from your relatives and friends who have bought properties before.

Read also: Things to Consider to Become a Licensed Real Estate Broker

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.

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