THE Home Development Mutual Fund, or Pag-IBIG, announced that it was able to close 7,000 winning bids and purchased offers in just six weeks since they launched the Acquired Assets Super Sale. In a statement, the agency said that since the online sale’s start last Aug. 25, it had drawn 6,402 winning bids nationwide, as well as 486 current occupants of Pag-IBIG-acquired properties expressing their intent to purchase the homes they live in, for them to legitimize ownership. “We are happy to report the early success of Pag-IBIG’s Acquired Assets Super Sale in providing more Filipino workers with homes of their own... With nearly 7,000 homes with winning bids or reservations, this initiative is more than a sale — it is a concrete step toward empowering thousands of Filipino families to finally own the home they’ve long dreamed of,” Housing Secretary and Pag-IBIG Board of Trustees Chairman Jose Ramon Aliling said. “For us, this forms part of a wider commitment under the Expanded Pambansang Pabahay para sa Pilipino Program to help build better, more dignified lives for our fellow Filipinos, as we push forward the Marcos administration vision for a Bagong Pilipinas,” he added. The sale featured 30,000 foreclosed properties offered at “significantly reduced prices.” “For unoccupied properties, buyers may receive discounts of up to 35 percent for cash purchases, 25 percent for 12-month installment terms and 15 percent when financed through a Pag-IBIG Housing Loan. For occupied properties, discounts go as high as 40 percent for cash, 30 percent for installment and 20 percent through housing loans. Meanwhile, current occupants of acquired assets may purchase the homes they are living in through direct sale and enjoy a 10-percent discount,” the agency explained. Pag-IBIG Fund’s chief executive officer Marilene Acosta cited the strong turnout to their fully digital auction system, which made the participation convenient and transparent for the agency’s members. “Not only are we offering our highest-ever discounts on our acquired assets, we are also providing a seamless, secure and user-friendly platform that allows more members to participate... What’s remarkable is that nearly 30,000 individuals registered for a Buyer ID in just one month since we launched the Super Sale, a significant surge that pushed our total to 108,643. This rapid growth shows just how many Filipinos are eager to take this opportunity to become homeowners through our Super Sale,” Acosta stated. He said new batches of properties are posted weekly until Dec. 14 and invited all interested members to visit the Pag-IBIG Fund online portal so they can browse their listings and submit their offers. She also encouraged current Pag-IBIG-acquired property occupants to avail of the sale. “This is the best time for our current occupants to settle with Pag-IBIG Fund and become legitimate homeowners. We are issuing Invitations to Purchase or Lease to help them legalize their tenure and gain peace of mind, knowing they have a home to call their own,” she said. Interested buyers who are willing to participate in the Super Sale can visit http://www.pagibigfundservices.com/OnlinePublicAuction where they can also view listings.