CEBU Properties: Rent / Own / Invest

11/12/2020

17/08/2020

Pag-IBIG home loan releases rise as economy reopens

Pag-IBIG home loan releases increased over the last two months as officials cited the continuous enhancements to the agency’s loan programs while making services more accessible to members amid the pandemic.

"We fully support the administration’s efforts, led by President Duterte, in helping our fellow Filipinos achieve their dream of homeownership even during these challenging times. And, with our recent offering of promo rates on our housing loan, we expect even more members to secure their own homes in the coming months. This also plays a major part in our country’s road to recovery because as more members secure homes, the more jobs it would generate for our fellow Filipinos," said Secretary Eduardo D. del Rosario, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

Pag-IBIG Fund started the year on a high note with home loan releases reaching P5.5 billion in January, then rising further to P6.5 billion in February, exceeding the amount released for the same months last year by 17 percent. With such accomplishments in the first two months of 2020, Pag-IBIG was on track to release P100 billion in home loans by the end of the year.

But with the rise of the Covid-19 infection in March and the implementation of strict quarantine measures imposed in Metro Manila and other parts of the country for national safety, home loan releases dipped to P3.8 billion in March and P.88 billion in April.

In May, as quarantines were either eased or lifted, the numbers started to improve when home loan releases increased to P1.2 billion in May and jumped even further to P2.9 billion in June.

In total, Pag-IBIG Fund has released over P20.80 billion from January to June to finance the acquisition of 20,631 homes for its borrowers. Out of the total amount, 91 percent or P18.94 billion were released as socialized and low-cost home loans for the benefit of 20,084 Pag-IBIG Fund members, which include members who belong to the minimum-wage and low-income sectors.

“In the last few years, under the administration of President Duterte, Pag-IBIG Fund achieved a string of ‘best year ever.’ Since 2016, we have broken our record for home loan releases each year. We were getting ready for our best year yet in 2020 but it took a pandemic to slow us down. The improvement in our numbers in the past two months shows how responsive and well-positioned Pag-IBIG Fund is, and we are confident that we are on our way to recovery. Our numbers may not be record-breaking like in the past years, but this is only temporary. For Pag-IBIG, 2020 will be a story of strength, resiliency and service to members as we tackle the challenges of the ‘better normal’,” said Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti.

27/07/2020

Earning money at a young age is great. It is an empowering feeling. It could be overwhelming. However, like the old adage, with great power comes great responsibility. You could be earning much, but…

19/07/2020

Real Estate Realizations during Quarantine

1- Location is probably the most important factor in choosing a residence, whether owned or leased. Proximity to essential establishments spells CONVENIENCE during quarantine & lockdowns.

2- Issuance of quarantine passes have been limited & resident owners have been favoured over tenants. Investing in your own property would be a wise future goal.

3- Congestion of public cemeteries has been highlighted & available lots in private memorial parks near the metropolis are getting scarce. Since mortality is a certainty, investing in a memorial lot is a must.

4- The extended quarantine has drastically affected many investments & businesses. Real estate still remains to be a secure investment with the steady appreciation of value over time.

5- Owning & investing in real estate property is on the bucket list of most (if not all) individuals. Acting on the plan immediately can literally save you millions as property market value can double in 5 years.

So, the best time to invest in Real Estate is NOW. 😊

14/07/2020

Pag-IBIG Fund offers promo rates on home loans to boost economy

Top officials of Pag-IBIG Fund announced on Thursday (July 09) that they are offering promo rates on their home loans of as low as 4.985 percent per annum until the end of the year, in a move to help members acquire homes and help boost the national economy amid the pandemic.

The agency is offering special low rates of 4.985 percent per annum under a 1-year repricing period and 5.375 percent per annum under a 3-year repricing period. These are its lowest-ever rates under its Regular Housing Loan program, and are available to members getting new home loans until the end of 2020 only.

These further reduced the agency’s previous rates, already pegged at a low 5.375 percent per annum for the 1-year repricing and 6.375 percent per annum for the 3-year repricing period. Meanwhile, interest rates for its Affordable Housing Program, available for low and minimum-wage earners, remain at its lowest with a subsidized home loan interest rate of 3 percent per annum.

“By offering these special rates to our members, we are spurring economic activity in the housing industry, which has a ripple effect on the national economy. This is a win-win situation because our members get to take advantage of these home loan rates, while their purchase of their homes will help generate more jobs to help get our economy back on track. This then, is our contribution to our nation’s journey to recovery, as led by President Duterte,” said Secretary Eduardo D. del Rosario of the Department of Human Settlements and Urban Development (DHSUD) and Chairman of the 11-member Pag-IBIG Fund Board of Trustees.

With the Pag-IBIG Board’s approval of the promo rates on July 9, Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti said that the special rates shall take effect immediately and shall be enjoyed by incoming home loan borrowers until December 29, 2020

“We review our rates regularly and have never repriced it upward under the Duterte administration. Our ever-improving quality of portfolio has allowed us to keep the rates low under our Risk-Based Pricing Model. But this time, we are offering something special. In consideration of the impact of the pandemic on the livelihood of our members, we reduced our home loan rates by as much 100 basis points for the next six months because we want to help members who are thinking of buying a home to take advantage of our lower-than-lowest rates. Even amid the pandemic, now is the best time to buy a home with a Pag-IBIG Housing Loan” Moti said.

10/03/2020

Available properties:

a) Taloot, Argao
15 HA @ P550/sq.m. (negotiable)
Titled lot
2 min. from the highway

b) Boundary: Sibonga-Argao
15HA @ P550/sq.m. (negotiable)
Tax Dec.
Along the highway

c) Barili
15HA @ 550/sq.m. (negotiable)
Titled
Along the highway

For inquiries, drop a PM or contact:

Adel F. Solon, DVM
📲 0922 513-7628 (Sun)
📲 0936 963-2474 (Globe)
Unit Manager / Broker Coordinator
Bachelors Realty & Brokerage, Inc.
Under Licensed Broker: Roy Gilbuela, REB
PRC Lic. #: 0014187
HLURB Lic. #: CVRFO-B-02/18-0080

09/12/2019

🔥🏠Looking for a TOWNHOUSE in
Buhisan, Cebu City?🏠🔥

⏳⌛Less than 15 units left!!!⏳⌛

🔷 Equity as low as P10,625/month

📌 5 minutes to Punta Princesa wet market
📌 7 minutes to Gaisano Tisa
📌 10 minutes Metro Gaisano, McDonald's, Shopwise
📌 15 minutes to SM Seaside
📌 Few minutes to commercial establishments

🔰Lot area: 32 sq.m.
🔰Floor area: 40 sq.m.

🔹Available via PAGIBIG or Bank Financing

For inquiries, drop a PM or contact:

Adel F. Solon, DVM
📲 0922 513-7628 (Sun)
📲 0936 963-2474 (Globe)
Unit Manager / Broker Coordinator
Bachelors Realty & Brokerage, Inc.
Under Licensed Broker: Roy Gilbuela, REB
PRC Lic. #: 0014187
HLURB Lic. #: CVRFO-B-02/18-0080