A Pag-IBIG member may avail of a Housing Loan to finance any of the following types of project:
1. Contruction of Residential Unit (CRU)- construction or completion of residential unit on a lot owned by the member.
2. Lot Purchase (LP) - purchase of a fully developed residential lot not exceeding 1,000 sq m in area.
3. Purchase of Residential Unit (PRU)
- old or brand new
- properties mortgaged with Pag-IBIG Fund
- acquired assets disposed of through sealed public bidding or negotiated sale
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We have introduced a few changes to some of the features of the website in response to the requests of many of our visitors who come from all over the world — both Filipinos and foreigners.
- The Blog Category has been modified adding the New Low-Cost Projects Category and Collecting All High-End Project under one category.
- The More Articles Category will contain all future real estate articles this website will have.
- Two Low-Cost Housing Projects in Davao has been added upon the request of local employees and OFW’s.
- Select Learning Materials from Amazon have been added to the website for want more education on various topics like Culture of the Philippines, Tropical House Designs, etc. Please visit the Davao Real Estate Homepage to view the products from Amazon.
Feel free to contact us and let us know your suggestions that would be good for other website visitors.
So you think you have piled up enough money and are excited in buying a real estate? Wouldn’t it be better if you have also prepared your documents in case you decide to proceed with the actual purchase?
Listed below are some of the most important documents to prepare. Please take note that different developers and Financial Institutions will require different set of documents to be able to apply for a housing loan. Some are very strict requiring you to disclose detailed financial information; while others are not so strict provided you can pay your obligation. It is always safe to be sure you have these documents.
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Did you know why a small 100-square-meter lot in Davao City costs so much higher than 2-hectare land in the province? If your guess is it is because of the location, you are partly right. Expert real estate investors know about this and a lot more. Here are five of the most important factors that affect the price of a property.
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Conveniently located north of Mintal Proper, Elenita Heights is only a 25-minute drive from Davao City. A short distance away from the Elenita are some of the best schools in Davao such as The University of the Philippines (UP-Mindanao), The Philippine Science High School and The Holy Child School of Davao. Churches, Mini-groceries and the Mintal market place are found nearby.
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