August 21, 2018

How Lovely is the Silence of Growing Things

I was having a migraine yesterday which wouldn't go away. I was nursing it the whole day but it still wouldn't leave so I did what my elementary Home ED teacher used to tell us: get your hands dirty! I took a big knife and a trash can and a stool, and just cleared my front garden to make it looking like that! I also trimmed the guava tree, took out lots of growing ipil trees and hacked off (very sadly) another tree. I just left a mango tree and papaya tree and the guava tree of course.  Now it looked a lot better, and it will be much better once I bought some more plants!

I really love gardening, too bad i don't have much time for it as much as I want too. But it is an ongoing project in our new house now and I will get to it soon once I have the time.

October 27, 2017

A New Dream House

Dream House!
It can now finally be told! I was successfully able to get this house through Pag-Ibig's acquired assets and you can see how to do it here.  The documents were signed and delivered yesterday.  It will be a new adventure, making this house livable, as it is currently in a bad shape.  But I welcome the challenge, and will try to do document how I am doing it!

If you want to know how I did it, just message leave a comment here! 

August 29, 2017

How to Buy a House Thru Pag-ibig's Acquired Assets in 6 Easy Steps

I am now in the process of applying for our second Pag-ibig Housing Loan, and the property was under Acquired Assets.  It is in the area that I like, and is currently unoccupied, and hopefully, within my budget.  I am now waiting for the approval and I am praying that it will be approved. I will write more about the house once I receive a Notice of Loan Approval from Pag-ibig. 

Anyway, here are the six easy steps in buying a house thru Pag-ibig's Acquired Assets:
  1. Search for your preferred property at Property Finder of the Pag-ibig Website. (Click the images to enlarge).

  2. Inspect the property.  Acquired assets will be sold on an as-is, where-is basis, meaning you are buying the property, regardless of the condition it is in.  You are buying it at your own risk. Again, if the property is occupied, just walk away and choose something else. It's just not worth the headache.
  3. Go to Pag-ibig and pay the non-refundable reservation fee of P1,000.  Bring a valid ID and proof of income. You will be filling-up some forms.  After paying the reservation fee, you have 30 days to submit the requirements
    • 2 copies Buyer's info sheet with  1x1 colored ID picture 
    • approved membership status verification slip (get from Pag-ibig)
    • copy of 2 valid IDs with 3 specimen signatures
    • notarized certificate of employment with compensation, one-month payslip
    • copy of payment for reservation fee
    • copy of signed FAQ's form
    • you also choose your mode of payment. You get 30% discount for cash payment, 20% for installment (payable in 12 months) and 10% if thru Pag-ibig housing loan. 
  4. Once you receive the Notice of Loan Approval, pay the 1 year insurance premium within 30 days.
  5. Submit notarized Deed of Conditional sale and other mortgage documents
  6. Start paying the monthly amortization 30 days from loan take out.
Per my own experience, I paid the reservation fee without inspecting the property.  But I made sure that it was unoccupied. The property that I liked was under bidding when I first saw it, so when I saw it again under negotiated sale, I paid the reservation fee the following morning and just checked the place out the following weekend.  And I liked it at first glance. So now, I am waiting for the approval which may take up to 2 months.

I will update this blog on what happens next so keep coming back!