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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
The company's low-cost housing units and lots were made more affordable through the government's Home Development Mutual Fund (HDMF, also known as Pag-IBIG Fund) housing loan program. [2] [3] Globe Asiatique's first residential housing project was the Santa Barbara Villas I subdivision in San Mateo, Rizal launched in 1994.
St. Gregory Housing (Panghulo, Malabon City) On July 17, 2023, President Bongbong Marcos issued Executive Order No. 34, which directs all National Government Agencies and Instrumentalities, including Government-Owned or Controlled Corporations (GOCCs), as well as Local Government Units (LGUs) to submit a detailed inventory of suitable lands for housing for the implementation of the program. [4]
In a related proposal, Reps. Jeff Jackson and Alma Adams of North Carolina, both Democrats, proposed a bill requiring corporate owners of more than 75 single-family homes to pay a yearly fee of ...
In 2018, Century Properties signed a joint venture partnership with Mitsubishi Corporation to establish PHirst Park Homes. [2] Capitalizing on the country's demand for affordable housing, which has then an estimated backlog of roughly 6.6 million units, the new joint venture company was established to pursue the development of projects of scale ...
Barangay BF Homes Caloocan or Barangay 169 is a barangay of Caloocan, Metro Manila, Philippines. The barangay is known for having jurisdiction of the larger portions of the Banco Filipino -developed real estate projects in Northern Manila, and is considered the most affluent barangay in Caloocan .
Once the formal foreclosure processes are underway, these properties can be purchased at a public sale, usually called a foreclosure auction or sheriff's sale. If the property does not sell at the public auction, then ownership of the property is returned to the lender. [11] Properties at this phase are called Real Estate Owned, or REOs.
When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales, the terms "purchaser" and "vendor" are used. [1] Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.