Pag&1

Asset Recovery Group 2nd Floor, Editha Tuddao Building Balzaln Highway, Tuguegarao City

INVITATION TO BID Date: March 20. 2019

The Pag -IBIG Fund Commktee on Disposition or Acquired Assets shall conduct a sealed public bidding for lhe sale of the following acquired properties at 3rd Ooor, Conference Room, Edilha Tuddao Building, Balzain Highway. Tuguegarao City, Cagayan

ITEM PROPE'lTY PROPERTY LOCATION TYPE TCTICCT NUMBER LOT AREA

FLOOA APPRAISED MINIMUM BIO APPRAISAL REMARKS NO. NUMBER AREA VALUE PRICE DATE

CAGAYAN

ENRILE

1 80341809280021'1 8 09. L 10, Rio Oel Grande Subd1v1slon-1, House &

032-2016002857 80.00 30.00 653,700 00 553,700.00 3/23/2018 OCCUPIED/ T1Ue In Ille name of HMOF Maddaruluo Sur Enrlle Caaa,1an lot

2 803418092800155 B 10, L 16, Rio Del Grande Subd1vlSlon-1, House & 032-2018005900 80.00 30.00 603,180.00 803.18000 11/15/2-018 OCCUPIED I TIiie for CollsolldatiQo Maddarulua Sur Enrlle c-•an Lot

3 834201812190003 B 56, L 24, Rio Del Grande Subdr;lslon, House & 032-2017000170 10000 30,00 748,893.33 7◄6.893.33 10/4/2018 UNOCCUPIED/ TIiie for Conaolldall<>n MaddarUlua Sur Enrlle CB""""O Lot

4 801824◄816 8 57, L 13, Rio Del Grande SubdMslon-2, House &

032,2018006669 80,00 3000 643,71(! 00 EW3,710.00 1111512018 UNOCCUPIED I Title In the name of H~DF Maddaruluo Sur Enrile Ceaavan Lol

5 8016254315 B 57, L 14, RIO Del Gran(!e SUbdlvlsion-2, Lot Only 032-2018006668 107,00 0 .00 256,800 00 256,800.00 1 l/1512018 UNOCCUPIED r Tkle in the m1me Qf HMD F Madel..,,,..,. Sur Enrile Cagavan

6 803◄ 18092800194 8 36, L 04, Rio Del Grande Subdcvlalon-3. House &

032-2014002422 80,00 3000 418,800.00 418,80 0.00 4/11/2017 UNOCCUPIED I Hie for Consol!dllon MaddanJluo Sur Enrile Caaavan Lot

IOUIG . 7 8034180928001 00 B 28. L H , Woodertand Homes SIA:ldiv lslon-1 , Hwse&

032-2016001316 99.00 58.50 938,100.00 988.10000 1/24/2018 OCCUPI EO I Till,, 17 lht name o! HMOF Sia Teresa 1au10. Caoavan Lot

T\JAO

-8 80341809280018 1 L 201J.B, Mungo. Tuao, Cagayan House &

T-13910 74ROO 11488 898,100.00 898,100.00 12/14/2018 OCCUPIED/ Tille n lhe r-eme ol HMOF Lot

TUGUEGARAO CITY

9 803418092800179 L 4559•D· 1. Paliu;, Sur , Tuguegatao C ity, House &

032-2018006670 17 7 00 135 75 2,267,300.00 2 ,267,300 00 11/1512018 OCCUPIED / T'tle In the narm, ol HIYOF Caaavan Lot

10 803418092800221 L 5832-H-2, Pengue, Tuguegarao C~y. House&

032-2016003668 25000 71.40 1.520.000.00 1,520,000.00 6/112016 OCCUPIED ,n111 lr'I the name ol Ht.lOF Caoavan Loi

ISABELA

ILAGAN

B 12, L 06, Capitol Hills Subdivision. Al1bagu. UNOCCUPIED/ Tttle for Consolldal~ n 1 1 803418092800 I 83

llaiian Cttv. l&abela Loi Only 035-2015003421 19000 o oo 866.000 00 855,000.00 12110/2018

12 803418092800 I 27 S 22, L 28. City Homes SubdiVISIOn, Alibagu, HoJSI! &

T-362376 14000 44 00 893.030.87 893,030.67 12/10/2018 OCCUPl EC/ Tttle for Consolldatlt111 llaoan I1abell!I _ot 13 803418092800227 8 02, L 28. New Villa Jesusa,1 SubdMsion, House &

T-396067 48.00 24100 547,900.00 547,90000 7117/2018 OCCUPIED /TIi ie f or Consolidatlal J 8li11 Vlllaae llaiian isabela l.ot

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ITEM I PROPERTY PROPERTY LOCATION TYPE TCT/CCT NlJMBER LOT AREA

FLOOR APPRAISED MINIMUMetD APPRAISAL REMARKS NO. I NUMBER AREA VALUE PRICE OAlf

14 834201809290006 B 29, L 05, New VIiia Jesusa-1 SubdlVISIOn, House & T-365123 96.00 -42.50 • ,014,600.00 1,014,600.00 7117/2018 UNOCCUPIED I TIUe for Consolidation

Alibaau llaoan lsabela Lot

IS 8016256519 B 35, L 12. New Villa Jesusa-1 Subdlv1s1on, Houie & T-365523 96.00 32.50 848.SOO.OO 848,900.00 8/'312018 OCCUPIED I Tille fer Consolidallon

Bliss Wlaae llaoan tsabela Lot

16 8016255819 B 35, L 13, New Villa Jesusa-1 Subdivision, Ho\Jse & T-365524 9600 3260 848,90000 848,900.00 81312018 OCCUPIED I Title for Consolldellon

Bliss v111eae Uaoan lsabela l et

SANTIAGO CITY

17 803418092800191 6 OS, l 50, Santiago Valley Home$ Subdivision. Loi Only TSC-40208 18000 0 00 594,COO 00 594,00000 11/20/2018 UNOCCUPIED/ TIiie for Consclldal1on

Patul Santiaao Cllv lsabela

18 803418092800226 B 02, L 21, Sllvenand Homes Subdlvls10n, House & TSC-17109 12000 3600 931 ,300 co 931,300 00 61412018 OCCUPIED /Title lor Consolidation

Patul Sarrti&ao C1tv lsabela Lot

19 803418092800228 B 11, L 12, Silvertand Homes SubdMslon, House & 166-2018000276 5000 25.00 551,700 00 551.700.00 7/17/2018 OCCUPIED/ Tttle 1n lhe name of HMDF

PalUI SanltMO C1lv. lsabela Lot

20 803418092800230 B t 1, L 13, Sllvertand Homes SubdlvlslOn, House & TSC-22538 5000 3500 698,~0000 898,300.00 3/712018 OCCUPIED I Tllle 101 Consolldatlon

PatlJI, Santlaao Cllv lsabela Loi

21 803418092800229 B 12, L 11, Sllverland Homes Subdivision. House& 166-2018001048 50,00 2600 568,30000 568,300.00 7117/2018 OCCUPIED / Title In lhe name of HMDF Pallil Santi..,,o Citu lsabela Lot

22 8016247111 8 09, L 11, Plar1del Heights Subdivision, Lot Only T-159424 24000 000 768,COO 00 768,000,00 612012018 UNOCCUPIED/ Tille for Consolldallon

Plaridel Sanli:onn Citv lsabeta

23 8016247219 B I 1. L 22, Plandel Heights S•Jbdivls1on, \.OIOnly T-15~7 237.00 0.00 711,000.00 711,000 00 6/20/2018 UNOCCUPIED I TIiie for Consollda1lon

Plarldel Santlano Citv Isabel&

24 803418092800201 B 06, l 1 I, Metro Sanllegovllle, Rosario. House & 165-2014001015 8400 48 00 334,80000 334,800 00 10110/2017 UNOCCUPIED/ Title for Ccnsolidatlon

Sant1aao C!tv lsabela Loi

NUEVA VIZCAYA

BAYOMBONG

25 8:ll418082800t!f~ L 1993-E-2-8, Bonfal Proper, Bayombong, House & 036-2015001550 10000 71 85 616.700:l0 616.700 00 81412017 UNOCCUPIED/ Title for Consolidel100

Nuev~ Vlzcava l ot l H-4-E-1-B. Cap1adingan Road, Bonfal West House & • 1/30/2018 OCCUPIED/ TIiie In the ner1e cl HM?F 26 8:ll,1.18092800026

Bawmbona. Nueva Vlzcava Lot 036-2014001029 30000 5440 1,073,100.00 1,073,100 00

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m Asset Recovery Group

2nd Floor, Editha Tuddao Building Balzain Highway, Tuguegarao Qty

INVITATION TO BID March 201 201.9

The Pag-lBIG Fund Committee on Disposition of Acquired Assets shall conduct a public auction for the sale of acquired properties at 3rd floor, Conference Room, Editha Tuddao Building, Balzain Highway, Tuguegarao City, Cagayan,

DATE AREAS NO. OF UNITS Wednesday, March 20, 2019 Cagayan, lsabela and Nueva Vizcaya 26

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 office of the Loans Management and Recovery Dhtlsion at 2nd floor, Editha Tuddao Building, Balzaln Highway, Tuguegarao City or at Cauayan Members Services Branch, 2nd Floor, Bucag Building, Corner Faustino L. Dy & Canciller St., Cauayan City. Isabel a or at Solano Members Services Br anch, One Asia Place, Benigno Aquino Avenue, Brgy. Quezon, Solano, Nueva Vizcaya or may download the forms at www.pagtbigfund.gov.ph (link Disposit ion of Acquired Assets for Public Bidding).

2. Properties sha ll be sold on an "AS IS, WHERE IS" basis.

3. All interested buyers are encouraged to inspect the property/ies before tending 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 webslte, www,pagi bigfund.gov.ph/aa/aa.aspx five (S) 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 Acqulred Asset s' Secret ariat at 3rd f loor. Conference Room. Editha Tuddao Bulldlng. Balzaln Highway.

Tuguegarao Ci ty. Cagavan starting 8:00 AM but not later than 12:00 NN 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 on'y on the scheduled date of batch. No proposals shall be accepted by the committee earl ler or later than the scheduled date,

6. The Bid Offer shall not be lower than the m inimum bid set by the Fund.

7. Each bid proposal shall be accompanied by a BIDDERS's 80NO either in CASH or MANAGER'S CHECK issued by any commercial bank, payable to Pag-lBIG Fund for an amount equivalent to 10% of the BID PRICE. It shall likewise serve as the down payment of the winning bidder.

8. 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 (NOAJ.

b. Short-Term Installment - on which payment shall be ln equal monthly installment inclusive of 6.375% interest per annum and provided the chosen payment term

shall not exceed twelve (12) months.

c. Long-Term Installment- payment shall be In the form of monthly amorti2ation based on the approved loan term, which may be up to a maximum of thirty (30) years

with the following considerations: f/ l . Loan approval and term shall be subject to eligibility req1,.1lrements stipulated under the Pag-lBtG End-User Home Financing Program guldel i nes;

? . The loan amount shall be the bidder's bid offer, net of t he l 0% down payment and equity, If applicable;

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3. 111 case the housing loan application has been disapproved, the 10¾ bidder's bond shall be forfeited in favor of the Fund.

4. The buyer shall be required to file his Pag-!BIG housing loan application and pay the following incidental expenses within thirty (30) calendar days from

receipt of t he Notice of Approval of Sale:

a. Processing fee of three Thousand Pesos (the Pl,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, 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 t he Sealed ?ubltc Auction shall not be allowed to bid thru Housing loan availment. They may only l:>id thru

cash or installment basis.

9. The Bidders shall be present at the opening of bids. Bidders may designate their Authorized Representatives, provided they shall Issue the following documents; a. Special Power of Attorney for Individual-bidder b. Secretary's Certi ficate for Company-bidder

10. The Opening of Bids shall commence from 01:00 PM until completion,

11. The bidder who offers the highest bid shall be declared as t he winner.

12. In case of a tied highest bid, It shall be resolved by applying the following order of preference: a. Cash Offer ( Mode of Payment); b. Toss Coin {for Two Bidders Only) c. lime of entry/registration in the auction room (for more than Two Bidders)

If there is still a tie, it shall be resolved Immediately by an open auction between/among the tied highest bitiders.

13. 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.

14, If the winning bidder fails or refuses to push thr'ough with the purchase of the property, or fails to pay in full the remaining balance within 30 calendar days from receipt of t he Notice of Award (NOA), he shall lose his r ight as winning bidder and the 10% bidder's bond shall be forfeited In favor of the Fund.

- The Fund shall declare the next highest bidder as the winning bidder. He shallte requl red to pay a down payment of 10% of the offered prlce within 15 calendar days and the remaining 90% of his bid price within the approved payment period

15. Interested parties may visit the LOANS MANAGEMENT AND RECOVERY DIVISION or contact Engr. CARMELITA D. MUNAR or Engr. RODRIGO EULALIO JOEL B. CALAGUI at tel nos. (078) 844-0534/1448/2285. You may also email your inquiries for further details at tuguegaraohbc@pagiblgfund,gov.ph .

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANV FORMALITY THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST

ADVANTAGEOUS TO THE FUND. THE DECISION OF THE FUND IS FINAL AND BINDING.

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