House and Lot Under Pag-Ibig Loan

dhenzelle · 1 House and Lot Under Pag-Ibig Loan Tue May 13, 2014 12:27 pm

dhenzelle

Arresto Menor

Posts : 1
Join date : 13/05/2014
Age : 40
Location : Baguio

Hello,

I need some legal advise po. I'm going to sell my property to my mom, but the property is still under active pag-ibig housing loan under my name. My mom, stepdad and I agreed that they will pay the balance in pag-ibig,and they will legally owned my property once the Pag Ibig HL is already paid.

My question po, what legal document we need? Pwede na ba simpleng kasunduan with sign of both parties since the transaction is just a mother-daughter relationship.

Thanks,
Lee

hustisya · 2 Re: House and Lot Under Pag-Ibig Loan Fri May 16, 2014 5:30 pm

hustisya

Prision Correccional

Posts : 132
Join date : 03/05/2013

You must advise the Pag-Ibig Fund about your plans. I advise you to proceed at their office for the proper instructions and procedures that you must do. They have the copy of forms/legal documents that you both parties have to sign and execute.

House and Lot Under Pag-Ibig Loan

1 House and Lot Under Pag-Ibig Loan Tue May 13, 2014 12:27 pm

dhenzelle

2 Re: House and Lot Under Pag-Ibig Loan Fri May 16, 2014 5:30 pm

hustisya