foreclosurephilippines · acquired asset properties at jollibee maimpis, ... 7. each bid proposal...

Loans Management & Recovery Department San Fernando Housing HUB Suburbia Commercial Center

Maimpis, City of San Fernando, Pampanga

INVITATION TO BID

February 22, 2018

The Pag-IBIG Fund Committee on Disposition of Acquired Assets shall conduct a public auction for the sale of acquired asset properties at Jollibee Maimpis, Mac Arthur Highway Maimpis, City of San Fernando, Pampanga on:

DATE AREAS NO. OF UNITS

March 23, 2018

Bulacan, Nueva Ecija, Pampanga and Tarlac

291

GENERAL GUIDELINES

1. Interested parties are required to secure copies of: (a) INSTRUCTION TO BIDDERS (HQP-AAF-104) and (b) OFFER TO BID (HQP-AAF-103) from the Technical Working Group (TWG) on the venue or may download the forms at www.pagibigfund.gov.ph (link Disposition of Acquired Assets for Public Auction).

2. Properties shall be sold on an “AS IS, WHERE IS” basis. 3. All interested buyers are encouraged to inspect the said property/ies before tendering their offer/s. The list of the

properties may be viewed at www.pagibigfund.gov.ph/aa/aa.aspx (Other properties for sale-Disposition of Acquired Assets for Public Auction).

4. Bidders are also encouraged to visit our website, www.pagibigfund.gov.ph/aa/aa.aspx five (5) days prior the actual

auction date, to check whether there are any erratum posted on the list of properties posted under the sealed public auction.

5. Sealed proposals shall be received by the Committee on Disposition of Acquired Assets’ Secretariat at the

designated venue, starting 9:00 AM but not later than 12:00 NN or upon declaration of the closing of bid of acceptance by the Committee on the scheduled date; the said proposals shall be opened immediately in the presence of the committee and attending bidders. Bidders are advised to submit their proposals only on the scheduled date of batch. No proposals shall be accepted by the committee earlier or later than the scheduled date.

6. The Bid Offer shall not be lower than the minimum bid set by the Fund. 7. Each bid proposal shall be accompanied by a BIDDER’S BOND either in CASH or MANAGER’S CHECK issued

by any commercial bank, in Philippine Currency, payable to Pag-IBIG FUND for an amount equivalent to 10% of the BID PRICE. It shall likewise serve as the down payment of the winning bidder.

8. The bidder shall state in words and in figures the amount of his bid and his mode of payment, and shall

submit a bidder’s bond in the amount equivalent to atleast ten percent (10%) of his bid. The bond shall be in Philippine Currency and may be in the form of cash or manager’s check payable to the Fund and issued by any commercial or universal bank.

9. In the absence of a chosen mode of payment, the default mode of payment shall be long-term installment. Likewise, change on the winning bidder’s mode of payment shall not be allowed. 10. For Bidder’s, whose bid bond is in the form of a MANAGER’S CHECK, are advised to adhere to the current

Bangko Sentral ng PIlipinas’ (BSP) memorandum relative to the proper handling of checks: Do not staple, crumple, fold, bind or pin checks.

11. Payment of the remaining ninety percent (90%) bid offer balance may either be thru any of the following modes:

a. Cash – on which the approved purchase price shall be paid not later than thirty (30) calendar days from date of receipt of Notice of Award (NOA).

b. Short-Term Installment basis – on which payment shall be in equal monthly installment inclusive of interest and provided the chosen payment term shall not exceed twelve (12) months subject to an interest based on the Full Risk-Based Pricing Framework for three-year fixing period.

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ForeclosurePhilippines.com

http://www.pagibigfund.gov.ph/

http://www.pagibigfund.gov.ph/aa/aa.aspx


c. Long Term Installment – payment shall be in the form of monthly amortization based on the approved term, which may be up to a maximum of thirty (30) years with the following considerations: 1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 383

Guidelines on sale of Pag-IBIG FUND Real and Other Properties Acquired; 2. The amount shall be the bidder’s bid offer, net of the 10% downpayment; 3. In case the application has been disapproved, the 10% bidder’s bond shall be forfeited in favor of the

Fund. 4. The buyer shall be required to file his Long term installment application and pay the following

incidental expenses within thirty (30) calendar days from receipt of the Notice of Loan Approval: a. Processing fee of Three Thousand Pesos (the P1,000.00 shall be paid on the auction day while

the remaining P2,000.00 shall be paid upon submission of complete requirements); b. Equity, if applicable; c. One year advance insurance premiums (sales redemption insurance as well as fire and allied

peril insurance); 5. In case the Bid Offer, net of the ten percent (10%) bid bond and additional discount, is still higher than

the appraisal value of the property, the amount in excess of the appraisal value shall be treated as equity. It shall be paid by the buyer within thirty (30) calendar days upon receipt of Notice of Loan Approval.

6. Original Borrowers who wish to participate on the Sealed Public Auction shall not be allowed to bid thru long term installment availment. They may only bid thru cash or short term installment basis.

12. Discounts are not applicable during First Sealed Public Auction. 13. The bidders shall be present at the opening of bids. Bidders may designate their Authorized Representatives, provided they shall issue the following documents:

a. Notarized Special Power of Attorney (SPA) for individual-bidder. The SPA for bidding may be downloaded at www.pagibigfund.gov.ph/aa/aa.aspx (Other properties for sale-Disposition of Acuired Assets for Public Auction)

b. Secretary’s Certificate for company-bidder 14. The Opening of Bids shall commence from 12:01 PM or upon declaration by the Committee until completion. 15. The bidder who offers the highest bid shall be declared as the winner. 16. In case there are identical offers constituting the highest bids, the tie shall be resolved by considering the Mode of Payment. The priority in terms of mode of payment shall be as follows:

a. Cash; b. Short-Term Installment: c. Long-Term Installment.

If there is a tie after considering the mode of payment, it shall be resolved immediately through toss coin. However, in case there are more than two (2) highest bidders, the tie shall be resolved based on the time of registration of bids.

17. The non-winning bidders’ respective bid bonds shall be returned to them immediately together with an Acknowledgement Receipt once a winning bidder has been declared. 18. If the winning bidder fails or refuse to push through with the purchase of the property, or fails to pay in full the

remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose his right as winning bidder and the 10% bidder’s bond shall be forfeited in favor of the Fund.

19. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original

winning bidder is cancelled. He shall be required to pay a down payment of 10% of the offer price within 15 calendar days from notification and the remaining ninety percent (90%) of his bid price within the approved payment period. In the event there are two (2) or more complying bidders, the same rule on resolving ties shall be applied.

20. Interested parties may visit the ACQUIRED ASSETS DIVISION or contact MS. ROSALINDA E. LA PUEBLA or

MS. MARICEL T. DAVID at tel. nos; GLOBE 0956-826-8634, SMART 0939-163-2215 and SUN 0933-334-1201. You may also email your inquiries for further details at [email protected].

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANY

FORMALITY THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND. THE DECISION OF THE FUND IS FINAL AND BINDING.

(Sgd) ATTY. JOSEPH P. QUIBOLOY VP Home Lending Operations – Luzon Group

Chairman, Committee on Disposition of Acquired Assets - Luzon Group

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BLOCK NO LOT NO SUBDIVISION NAME BARANGAY CITY/MUNICIPALITY PROVINCE

BULACAN1 8017689612 04 16 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH REG 040-2013034467 36.00 20 486,400.00 486,400.00 10/25/2016 UNOCCUPIED

2 8017689710 10 18 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH REG 040-2013034663 36.00 20 469,647.00 469,647.00 05/05/2017 UNOCCUPIED





7 8017691814 15 38 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH END 040-2013034877 36.00 20 486,000.00 486,000.00 05/05/2017 UNOCCUPIED

8 8017691618 06 12 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH 040-2013034564 36.00 20 469,647.00 469,647.00 04/28/2017 UNOCCUPIED






14 8017691119 30 52 EL PUEBLO DEL RIO MAG ASAWANG SAPA STA MARIA BULACAN TH-REG T-472073(M) 37.00 831,080.00 831,080.00 12/12/2016 UNOCCUPIED

15 8017690917 27 47 EL PUEBLO DEL RIO CAYPOMBO STA MARIA BULACAN TH END T-471809(M) 81.00 1,149,240.00 1,149,240.00 07/20/2016 UNOCCUPIED



18 8017690613 9 11 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH 040-2013034632 36.00 20.00 594,400.00 594,400.00 09/22/2016 UNOCCUPIED

19 8017690515 12 20 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH 040-2013034726 36.00 20.00 486,400.00 486,400.00 09/22/2016 UNOCCUPIED


21 8017690310 3 6 WINTER BREEZE HOMES MINUYAN SAN JOSE DEL MONTE BULACAN RH-REG 040-2013034417 36.00 20 473,300.00 473,300.00 05/05/2017 UNOCCUPIED


NUEVA ECIJA23 8017601911 01 01 ROSEVILLE SUBDIVISION NIEVES &

CASTELLANO SAN LEONARDO NUEVA ECIJA LOT ONLY 041-2012004524 70.00 91,000.00 91,000.00 07/13/2017 UNOCCUPIED

24 8017602014 01 02 ROSEVILLE SUBDIVISION NIEVES & CASTELLANO SAN LEONARDO NUEVA

ECIJA LOT ONLY 041-2012004525 69.00 89,700.00 89,700.00 07/13/2017 UNOCCUPIED



Pag-IBIG FundSan Fernando Housing HUB

LIST OF ACQUIRED ASSETS FOR PUBLIC AUCTION - WITHOUT DISCOUNT

ITEM NO

PROPERTY NUMBER

PROPERTY LOCATIONTYPE TCT LOT

AREA FLOOR AREA MINIMUM BID APPRAISAL

DATE REMARKS APPRAISAL VALUE

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ECIJA LOT ONLY 041-2012004669 ####### 1,950,000.00 1,950,000.00 07/13/2017 UNOCCUPIED















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PAMPANGA221 8017054510 9 9 FIESTA COMMUNITIES MEXICO SABANILLA MEXICO PAMPANGA H&L 042-2014013740 55 48 1,274,300.00 1,274,300.00 06/27/2017 UNOCCUPIED

222 8017054618 11 1 FIESTA COMMUNITIES MEXICO SABANILLA MEXICO PAMPANGA H&L 042-2014013790 72 43 1,110,520.00 1,110,520.00 06/27/2017 UNOCCUPIED

223 8017055114 76 22 FIESTA COMMUNITIES MEXICO SABANILLA MEXICO PAMPANGA ROWHOUSE IMP. 042-2014015156 40 30 796,660.00 796,660.00 08/10/2016 UNOCCUPIED

224 8017055212 80 11 FIESTA COMMUNITIES MEXICO SABANILLA MEXICO PAMPANGA RH-BARE 042-2014015236 40 20 557,100.00 557,100.00 02/27/2017 UNOCCUPIED

225 8017060319 4 14 STO DOMINGO VILLAGE SAN JOSE MATULID MEXICO PAMPANGA LOT ONLY 042-2017013986 150 450,000.00 450,000.00 09/21/2017 UNOCCUPIED

226 8017054011 39 11 FIESTA COMMUNITIES ANGELES TABUN ANGELES PAMPANGA TH-2BR END 045-2011005665 66 43.20 969,200.00 969,200.00 03/21/2017 UNOCCUPIED

227 8017054119 60 19 FIESTA COMMUNITIES ANGELES TABUN ANGELES PAMPANGA TH 045-2011005287 55 45.20 1,109,100.00 1,109,100.00 08/31/2017 UNOCCUPIED

228 8017054315 20 12 FIESTA COMMUNITIES MABALACAT II TABUN MABALACAT PAMPANGA SINGLE ATTACHED 197409 72 28.75 888,440.00 888,440.00 08/31/2017 UNOCCUPIED

229 8017052517 13 23 KAYLAND RESIDENCES TELABASTAGAN SAN FERNANDO PAMPANGA LOT ONLY 715267-R 36 183,960.00 183,960.00 12/25/2017 UNOCCUPIED















244 8017055418 17 13 KAYLAND RESIDENCES TELABASTAGAN SAN FERNANDO PAMPANGA ORCHARD GREEN 715473-R 36 1,017,360.00 1,017,360.00 05/03/2017 UNOCCUPIED


246 8017055310 17 7 KAYLAND RESIDENCES TELABASTAGAN SAN FERNANDO PAMPANGA H&L 715467-R 36 44 1,017,360.00 1,017,360.00 12/04/2016 UNOCCUPIED




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286 8017056617 17 54 KAYLAND RESIDENCES TELABSATAGAN SAN FERNANDO PAMPANGA LOT ONLY 715514-R 133 679,630.00 679,630.00 10/20/2017 UNOCCUPIED

287 8017059210 18 38 KAYLAND RESIDENCES TELABSATAGAN SAN FERNANDO PAMPANGA LOT ONLY 715552-R 36 183,960.00 183,960.00 10/20/2017 UNOCCUPIED

288 8017061010 1 1 NATIVIDAD GUAGUA PAMPANGA LOT ONLY 300022-R 150 127,500.00 127,500.00 02/15/2018 UNOCCUPIED




TARLAC292 8017060113 2 12 ROSMONT EXECUTIVE VILLAS SEPUNG CALSADA TARLAC TARLAC PRINCE KEVIN 373164 120 69.80 1,941,800.00 1,941,800.00 09/14/2016 UNOCCUPIED

293 8017060015 2 11 ROSMONT EXECUTIVE VILLAS SEPUNG CALSADA TARLAC TARLAC PRINCE KEVIN 373163 96 89.80 1,741,988.00 1,741,988.00 09/14/2016 UNOCCUPIED



296 8017060211 7 3 ROSMONT EXECUTIVE VILLAS SEPUNG CALSADA TARLAC TARLAC KING EDWARD 373739 139 124.82 2,445,820.00 2,445,820.00 09/14/2016 UNOCCUPIED

297 8017060612 8 31 ROSMONT EXECUTIVE VILLAS SEPUNG CALSADA TARLAC TARLAC PRINCESS LIZETTE 377278 135 75.20 1,653,954.00 1,653,954.00 12/14/2016 UNOCCUPIED



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(November 2012)

.

SAN FERNANDO, PAMPANGA (Branch)

INSTRUCTION TO BIDDERS

1. Secure 2 copies of the Offer to Bid (For Sealed Public Auction) from the Marketing and Sales-Acquired Assets Management at 2nd Floor Room 9 Suburbia Commercial Center, Maimpis, City of San Fernando, Pampanga.

2. Fill out the Offer to Bid and affix signature on the designated portion of the form.

3. Insert the accomplished Offer to Bid in an envelope together with the bidder’s bond, and seal it.

NOTES: a. Each bid must be accompanied by a bidder’s bond in the form

of cash or manager’s check issued by any commercial bank, payable to the Pag-IBIG Fund in the amount equal to ten percent (10%) of the bid price. Such deposit shall serve as the winning bidder’s downpayment or shall be returned to the non-winning bidder, without interest, upon completion of the public auction.

Sample Computation:

Minimum Bid Price : P 300,000.00 (Pag-IBIG Fund) Bid Amount : P 400,000.00 (higher than the minimum bid price)

(Bid Amount) x 10% (P400, 000.00) x .10

Bidder’s Bond : P 40,000.00

b. The bid amount shall in no case be lower than the minimum bid price determined by the Fund indicated in the Invitation to Bid.

4. Submit the sealed envelope at Jollibee Maimpis Mac Arthur Highway Maimpis, City

of San Fernando, Pampanga from 9:00 AM to 12:00 NN of the scheduled date for sealed public auction.

5. Proceed to Jollibee Maimpis Mac Arthur Highway Maimpis, City of San Fernando, Pampanga where the public auction will be conducted.

6. Sign the Attendance Sheet during the sealed public auction.

HQP-AAF-104

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