Pubbid032019tugue(nd).pdf

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 PROPE'lTY

ITEM NO.

FLOOA

APPRAISED VALUE

MINIMUM BIO PRICE

APPRAISAL

AREA

80.00

30.00

653,700 00

553,700.00

3/23/2018

OCCUPIED/ T1Ue In Ille name of HMOF

80.00

30.00

603,180.00

803.18000

11/15/2-018

OCCUPIED I TIiie for CollsolldatiQo

PROPERTY LOCATION

TYPE

TCTICCT NUMBER

LOT AREA

8 09. L 10, Rio Oel Grande Subd1v1slon-1 , Maddaruluo Sur Enrlle Caaa,1an B 10, L 16, Rio Del Grande Subd1vlSlon- 1, Maddarulua Sur Enrlle c-•an B 56, L 24, Rio Del Grande Subdr;lslon, MaddarUlua Sur Enrlle CB""""O 8 57, L 13, Rio Del Grande SubdMs lon-2, Maddaruluo Sur Enrile Ceaavan B 57, L 14, RIO Del Gran(!e SUbdlvlsion-2, Madel..,,,..,. Sur Enrile Cagavan 8 36, L 04, Rio Del Grande Subdcvlalon-3. MaddanJluo Sur Enrile Caaavan

House & lot

032-2016002857 032-2018005900

8034180928001 00

B 28. L H , Woodertand Homes SIA:ldiv lslon-1 , Sia Teresa 1au10. Caoavan

80341809280018 1

L 201J.B, Mungo. Tuao, Cagayan

NUMBER

DATE

REMA RKS

CAGAYAN ENRILE 1

80341809280021'1

2

803418092800155

3

8342018 12190003

4

801824◄816

5

8016254315

6

803◄ 18092800194

7

Lot House & Lot House &

https://www.foreclosurephilippines.com .

I OUIG

House &

032-2017000170

10000

30,00

748,893.33

7◄6.893.33

10/4/2018

UNOCCUPIED/ TIiie for Conaolldall<>n

032,2018006669

80,00

3000

643,71(! 00

EW3,710.00

1111512018

UNOCCUPIED I Title In the name of H~DF

032-2018006668

107,00

0 .00

256,800 00

256,800.00

1 l/1512018

UNOCCUPIED r Tkle in

032-2014002422

80,00

3000

418,800.00

418,80 0.00

4/11/2017

UNOCCUPIED I Hie for Consol!dllon

Hwse& Lot

032-2016001316

99.00

58.50

938,100.00

988.10000

1/24/2018

OCCUPI EO I Till,, 17 lht name o! HMOF

House & Lot

T- 13910

74ROO

11488

898,100.00

898,100.00

12/14/2018

OCCUP IED/ Tille n lhe r-eme ol HMOF

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

032-2016003668

25000

71.40

1.520.000.00

1,520,000.00

6/1 120 16

OCCUPIED ,n111 lr'I the name ol Ht.lOF

035-2015003421

19000

o oo

866.000 00

855,000.00

12110/2018

UNOCCUPIED/ Tttle for Consolldal~ n

_ot

T-362376

14000

44 00

893.030. 87

893,030.67

12/10/201 8

OCCUPl EC/ Tttle for Consolldatlt111

House & l.ot

T-396067

48.00

24100

547,900.00

547,90000

7117/2018

OCCUPI ED /TIi ie f or Consolidatlal

Lol

Lot Only

House & Lot

the m1me Qf HMD F

l

T\JAO 8

-

TUGUEGARAO CITY 9

803418092800179

10

803418092800221

L 4559•D·1. Paliu;, Sur , Tuguegatao C ity,

Caaavan L 5832-H-2, Pengue, Tuguegarao C~y. Caoavan

House & Lot House& Loi

ISABELA ILAGAN 11

12 13

803418092800 I 83

803418092800 I 27 803418092800227

B 12, L 06, Capitol Hills Subdivision. Al1bagu. llaiian Cttv. l&abela S 22, L 28. City Homes SubdiVISIOn, Alibagu, llaoan I1abell!I 8 02, L 28. New Villa Jesusa,1 SubdMsion, 8li11 Vlllaae llaiian isabela

Loi Only HoJSI! &

- o/

J

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Pag&1

ITEM

I

NO. I

PROPERTY

NUMBER

14

834201809290006

IS

8016256519

16

8016255819

PROPERTY LOCATION

TYPE

B 29, L 05, New VIiia Jesusa-1 SubdlVISIOn, Alibaau llaoan lsabela B 35, L 12. New Villa Jesusa-1 Subdlv1s1on, Bliss Wlaae llaoan tsabela B 35, L 13, New Villa Jesusa-1 Subdivision, Bliss v111eae Uaoan lsabela

House &

TCT/CCT NlJMBER LOT AREA

FLOOR

APPRAISED

MINIMUMetD

AREA

VALUE

PRICE

APPRAISAL OAlf

REMARKS

T-365123

96.00

-42.50

• ,014,600.00

1,014,600.00

7117/2018

UNOCCUPIED I TIUe for Consolidation

T-365523

96.00

32.50

848.SOO.OO

848,900.00

8/'312018

OCCUPIED I Tille fer Consolidallon

T-365524

9600

3260

848,90000

848,900.00

81312018

OCCUPIED I Title for Consolldellon

TSC-40208

18000

0 00

594,COO 00

594,00000

11/20/2018

UNOCCUPIED/ TIiie for Consclldal1on

TSC-17109

12000

3600

931 ,300 co

931,300 00

61412018

OCCUPIED /Title lor Consolidation

166-2018000276

5000

25.00

551,700 00

551.700.00

7/17/2018

OCCUPIED/ Tttle 1n lhe name of HMDF

TSC-22538

5000

3500

698,~0000

898,300.00

3/712018

OCCUPIED I Tllle 101 Consolldatlon

166-2018001048

50,00

2600

568,30000

568,300.00

7117/2018

OCCUPIED / Title In lhe name of HMDF

Lot Only

T-159424

24000

000

768,COO 00

768,000,00

612012018

UNOCCUPIED/ Tille for Consolldallon

\.OIOnly

T-15~7

237.00

0.00

711,000.00

711,000 00

6/20/2018

UNOCCUPIED I TIiie for Consollda1lon

House & Loi

165-2014001015

8400

48 00

334,80000

334,800 00

10110/2017

UNOCCUPIED/ Title for Ccnsolidatlon

036-2015001550

10000

71 85

616.700:l0

616.700 00

81412017

UNOCCUPIED/ Title for Consolidel100

036-2014001029

30000

5440

1,073,100.00

1,073,100 00

1/30/2018

OCCUPIED/ TIiie In the ner1e cl HM?F

Lot Houie &

Lot Ho\Jse & l et

SANTIAGO CITY

17 18 19 20

21 22 23

24

803418092800191 6 OS, l 50, Santiago Valley Home$ Subdivision. Patul Santiaao Cllv lsabela B 02, L 21, Sllvenand Homes Subdlvls10n, 803418092800226 Patul Sarrti&ao C1tv lsabela B 11, L 12, Silvertand Homes SubdMslon, 803418092800228 PalUI SanltMO C1lv. lsabela B t 1, L 13, Sllvertand Homes SubdlvlslOn, 803418092800230 PatlJI, Santlaao Cllv lsabela B 12, L 11, Sllverland Homes Subdivision. 803418092800229 Pallil Santi..,,o Citu lsabela 8 09, L 11, Plar1del Heights Subdivision, 8016247111 Plaridel Sanli:onn Citv lsabeta B I 1. L 22, Plandel Heights S•Jbdivls1on, 8016247219 Plarldel Santlano Citv Isabel& B 06, l 1I, Metro Sanllegovllle, Rosario. 803418092800201 Sant1aao C!tv lsabela

NUEVA VIZCAYA

Loi Only House & Lot House & Lot House & Loi House&

Lot

https://www.foreclosurephilippines.com

BAYOMBONG 25

8:ll418082800t!f~

26

8:ll,1.18092800026

L 1993-E-2-8, Bonfal Proper, Bayombong, Nuev~ Vlzcava l H-4-E-1-B. Cap1adingan Road, Bonfal West Bawmbona. Nueva Vlzcava

House &

l ot

House & Lot

•

,s.

-W

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Page2

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, Bal zain Highway, Tuguegarao City, Cagayan, DATE Wednesday, March 20, 2019

AREAS Cagayan, lsabela and Nueva Vizcaya

NO . OFUNITS

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 t he Loans Management and Recovery Dhtlsion at 2nd floor, Editha Tuddao Building, Balzaln Highway, Tuguegarao City or at Cauayan Member s Services Branch, 2nd Floor, Bucag Buildi ng, 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 downl oad the forms at www.pagtbigfund.gov.ph (link Disposition of Acquired Assets for Public Bidding).

2.

Properties sha ll be sold on an "AS IS, W HERE IS" basis.

3.

All interested buyers are encouraged to inspect the property/ies before tending thei r 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.

5.

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. ' 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 acco mpanied 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) calenda r days From date of receipt of Notice of Award (NOAJ.

https://www.foreclosurephilippines.com .,,

.

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.

f/

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 l. ?.

with the following considerations: 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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m

Asset Recovery Group

4.

111 case the housing loan application has been disapproved, the 10¾ bidder's bond shall be forfeited in favor of the Fund. 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 submissi on of complete requirements);

b. Equity, if applicable; c. One year advance Insurance premiums (sal es 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

6.

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. 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)

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If there is still a tie, it shall be resolved Immediately by an open auction between/among t he tied highest bitiders. 13. The non-winning bidders' respective bid bonds shall be returned to them immediately together w ith an Acknowledgement Receipt once a w inning 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 right as w inning 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 prl ce 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@pagiblgf und,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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3.