Foreclosed Single Detached House and Lot in Sands Subdivision 4 - Lamitan, Lamitan City, Basilan (Lot 9 Blk 3)

This single-detached house and lot is a Pag-IBIG Fund foreclosed property in Sands Subdivision 4 - Lamitan, Barangay Colonia, Lamitan City, Basilan, offered through negotiated sale. The house has 42 sqm of floor area and stands on a 130-sqm lot.

The minimum selling price is set at ₱704,800 (roughly ₱16,781 per sqm of floor area). The property went unsold at public auction, so it is offered at a fixed price, first come, first served; the discount of up to 45% depends on the mode of payment and the mode of sale. The offer period was set for Oct 24 to Oct 30, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Nov 3, 2026 at 9:00 AM.

The house is occupied, according to Pag-IBIG, so factor in the time and cost of dealing with the occupants. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the Fund's name. It is sold as-is, where-is, so visit the house and set aside money for repairs and any unpaid association dues before you offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱11,751, according to Pag-IBIG, because the amortization of about ₱4,113 a month may not exceed 35% of income.