Foreclosed Lot for Sale in Arc Homes, Pilar, Sorsogon (Lot 22 Blk 12)

This lot is a Pag-IBIG Fund foreclosed property in Arc Homes, Barangay Danlog, Pilar, Sorsogon, offered through negotiated sale. It sits at Lot 22 Blk 12. The lot measures 85 sqm.

The minimum selling price is ₱314,500, about ₱3,700 per sqm of lot area. Negotiated sale is for properties that went unsold at public auction: they are sold at a fixed price, first come, first served, with a discount of up to 45% depending on the mode of payment and the mode of sale. The offer period was set for Oct 17 to Oct 23, 2026, closing at 11:59 PM Philippine time, with the opening of offers on Oct 27, 2026 at 9:00 AM.

According to Pag-IBIG's record, the lot is unoccupied. Pag-IBIG's remarks list the title as under consolidation, which means it is not yet in the Fund's name. The sale is as-is, where-is, which leaves any unpaid association dues to the buyer, so inspect the lot before making an offer.

Financing the whole price with a 30-year Pag-IBIG housing loan requires a gross monthly income of ₱5,244, according to Pag-IBIG, because the amortization of about ₱1,835 a month may not exceed 35% of income. A bigger down payment, or paying in cash, lowers that requirement. Pag-IBIG's Naga Housing Business Center is the handling office.