For 2nd Public Auction HQP-AAF-102

(V01, 11/2018)

(Cebu Housing Hub)

INVITATION TO BID
January 20, 2023

The Pag-IBIG Fund Committee on Disposition of Acquired Assets shall conduct a second (2nd) public auction for
the sale of acquired asset properties at the 3RD FLOOR PAG-IBIG FUND WT CORPORATE TOWER, CEBU BUSINESS
PARK, CEBU CITY on:

NO. OF PERIOD OF ACCEPTANCE OF

TRANCHE AREAS OPENING OF BID OFFERS
UNITS BID OFFERS

13 FEBRUARY 2023 –
113th SPB CEBU PROPERTIES 24 21 FEBRUARY 2023
17 FEBRUARY 2023

GENERAL GUIDELINES

1. Interested parties are required to secure copies of: (a) INSTRUCTION TO BIDDERS and (b) OFFER TO BID
(HQP-AAF-103) from the 3rd Floor, Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, Cebu City or may
download the forms at www.pagibigfund.gov.ph (link Disposition of Acquired Assets for Public Auction)

2. Inspect the chosen property/ies prior submission of bid offer and determine if there are any unpaid dues on the
property/ies. The properties shall be sold on an “AS IS, WHERE IS” basis which means that the bidder accepts
whatever the physical status of the property/ies including whether it is occupied or not that whatever fees and
dues pertaining to the properties shall be for the account of the winning bidder.”

3. All interested bidders are encouraged to inspect the property/ies before tendering their offer/s. The list of the
properties for public auction may be viewed at www.pagibigfund.gov.ph/aa/aa/aspx.

4. Discounts shall be given to winning bidders depending on their chosen mode of purchase, as follows:

MODE OF PAYMENT ADDITIONAL DISCOUNT

CASH 20%
SHORT TERM INSTALLMENT 10%
LONG TERM INSTALLMENT None

5. Bidders are also encouraged to visit our website, www.pagibigfund.gov.ph/aa/aa.aspx five (5) days prior the
actual opening of bid offers, to check whether there is any erratum posted on the list of properties posted under
the sealed public auction.

6. Bidders shall be required to register at the frontline counter servicing prior to dropping of sealed bid offer/s. Only
bid offers from registered bidders shall be accepted and a registration stub will be issued as proof of registration.

7. Acceptance of sealed bid offer/s shall be from 8:00 AM to 5:00 PM starting 13 FEBRUARY 2023 until 17
FEBRUARY 2023. Bidders are advised to submit their proposals together with a photocopy of their valid
Identification (ID) card and latest proof of income only on the scheduled date of batch. No proposals shall be
accepted earlier or later than the scheduled date.

8. 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 (Other properties for sale-Disposition of Acquired Assets for Public Auction). Also, if
the bidder is based or is currently working abroad, SPA must be notarized at the Philippine Consular Office.
b. Secretary’s Certificate for company-bidder.

NOTE: The suggested template of the said documents may be downloaded at www.pagibigfund.gov.ph.

9. The bidder shall state in words and in figures the amount of his/her bid offer and his/her chosen mode of payment
in the Offer to Bid form. The BID OFFER shall not be lower than the minimum bid set by the Fund.

10. 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.
 HQP-AAF-102
(V01, 11/2018)

11. The determination of winning bidders shall be on 21 FEBRUARY 2023 at Pag-IBIG Fund WT Corporate Tower,
Cebu Business Park, Cebu City.

12. The determination of winning bidders shall be monitored by a representative from Commission on Audit (COA).
Attendance of the bidder/s in the venue is not required.

13. The bidder who offers the highest bid shall be declared as the winner.

14. 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.

15. If there is still 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 through draw lots.

16. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund official website at
www.pagibigfund.gov.ph. Bidders are encouraged to check the result on the said website.

17. Any notification sent by Pag-IBIG Fund through email or SMS shall be sufficient compliance to the notification
requirements and presumed to be deemed received by the buyer. In this regard, the Bidder shall ensure that the
contact number and email address indicated on the Offer to Bid are active. The bidder shall inform Pag-IBIG Fund
immediately on any changes on his/her contact number.

18. The winning bidder shall be required to pay his/her BID BOND equivalent to five percent (5%) of the BID OFFER
and shall be paid within three (3) working days after the publication of the winning bidders. It shall be in
Philippine Currency and may be in the form of cash or manager’s check payable to Pag-IBIG Fund. It shall
likewise serve as the down payment of the winning bidder.

19. For bidders 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.

20. Payment of the remaining ninety five percent (95%) bid offer balance may either be thru any of the following
modes:

a. Cash Payment – the balance on the net selling price shall be paid not later than thirty (30) calendar days
from date of signing of Deed of Conditional Sale (DCS).

b. Short-Term Installment – the balance on the net selling price shall be paid in equal monthly installment 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.

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:

c.1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 428 Omnibus
Guidelines on Sale of Pag-IBIG Fund Real and Other Properties Acquired;
c.2. The amount shall be the bidder’s bid offer, net of 5% downpayment;
c.3. The bidder shall be required to file his/her Long-Term Installment application and pay the following incidental
expenses within thirty (30) calendar days from receipt of Notice of Award:
- Processing fee of Two Thousand Pesos (P2,000.00) shall be paid upon submission of complete
requirements;
- Equity, if applicable;
- One-year advance insurance premiums (sales redemption insurance as well as non-life insurance);
c.4. In case the Bid Offer, net of the five percent (5%) bid bond and additional discount, is still higher than the
approved amount for Long Term Installment, the amount in excess shall be treated as equity. It shall be paid by
the buyer within thirty (30) calendar days from receipt of Notice of Conditional Approval of Sale (NCAS).
c.5. Original Borrowers who wish to participate on the Sealed Public Auction sale shall not be allowed to avail
long term installment as mode of payment. They may only submit offer thru cash or short-term installment
basis.
c.6. In case the application has been disapproved due to buyer’s fault, the 5% bidder’s bond shall be forfeited in
favor of the Fund.

21. If the winning bidder fails or refuses 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 5% bidder’s bond shall be forfeited in favor of the Fund.
 HQP-AAF-102
(V01, 11/2018)

22. 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 5% of the offer price within 15 calendar days
from notification and the remaining ninety five percent (95%) of his/her bid offer 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.

23. Interested parties may visit the 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu
Business Park, Cebu City or contact MR. ANGELO E. HERMOSISIMA; MS. JERRA MAE D. PACINIO, MS.
KAYE ANTONETTE A. DIANO AND MS. MERALIZA RUBIA at tel. nos. (032) 260-1800 and (032) 412-2110. You
may also email your inquiries for further details at [email protected] or
[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. ENGR. NOLI D. ARMADA

OIC–VP, Home Lending Operations
Visayas/Mindanao Group

Chairman
Committee on Disposition of Acquired Assets
Chairman, Committee on Disposition of
Acquired Assets
 Cebu Housing Hub
Loans Management and Recovery Department
Acquired Asset Management

INSTRUCTION TO BIDDERS
1. Select property/ies from the list of properties available for public auction posted at Pag-IBIG Fund
official website (www.pagibigfund.gov.ph).

2. Inspect the chosen property/ies prior to submission of bid offer and determine if there are any
unpaid dues on the property/ies. The properties are sold on an “As Is, Where Is” basis, whatever
physical/ occupancy status and any fees, dues pertaining to the properties shall be for the account of
the winning bidder.

3. Secure 1 copy of the Offer to Bid (For Sealed Public Auction) from the Acquired Asset Counter at the
3rd Floor Pag-IBIG Fund – WT Corporate Tower, Minadanao Avenue, Cebu Business Park, Cebu City or
at any designated dropbox location or you may download the form at www.pagibigfund.gov.ph.

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

NOTES: a. The bid amount shall in no case be lower than the minimum bid price indicated in the
Invitation to Bid
b. Selling Price will be based on your bid amount/ offer

5. Bidder shall register and submit/ drop his duly accomplished Offer to bid form, photocopy of valid IDs
with 3 specimen signatures, proof of income and Special Power of Attorney together with valid IDs of
attorney in fact (if applicable) at the acquired asset frontline counter servicing at the 3rd Floor, Pag-
IBIG Fund – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu or at any designated
dropbox location in accordance to the schedule date posted.

NOTE: Submission of multiple bid for ONE property is a ground for DISQUALIFICATION.

6. Should the bidder unable to register and submit their bid offer in person, the bidder may designate
his/her/their Authorized Representative provided they shall present the following documents:

a. For individual bidder - Notarized Special Power of Attorney (SPA) together with one (1)
government issued ID each for the bidder and Authorized Representative.

NOTE: In case the bidder is an OFW, the SPA shall be duly certified and authenticated by the
Philippine Embassy or Consulate in the country where the bidder is assigned/working.

b. For juridical entity - Secretary’s Certificate together with one (1) government issued ID each for
the bidder and Authorized Representative.

NOTE: The suggested template of the said documents may be downloaded at

www.pagibigfund.gov.ph.

7. Upon registration (based on the scheduled date posted), drop the sealed bid envelope to the
designated bid box.

8. Cut-off time for submission of offer/s is at 5:00PM.

No more bid offer/s shall be accepted from the unregistered bidder/s after the cut-off time and date
posted.
9. The opening of sealed envelopes shall be done on the date posted (bidders are not required to
attend on the opening date as the IATF still prohibits mass gathering).

10. In case there are identical offers constituting the highest offer on a specific property, the tie shall be
resolved by toss coin. However, in case there are more than two (2) highest offerors, the tie shall be
resolved through draw lots.

11. The bidder who offers the highest bid shall be declared as the winner. Bidder/s will be informed to pay
his 5% bid bond and receive his Notice of Award within 3 working days after the notification.

12. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund official website
at www.pagibigfund.gov.ph. Bidders are encouraged to check the result on the said website.

13. If the winning bidder fails or refuses 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 5% bidder’s bond shall be forfeited in favor of the Fund.

14. 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 5% of the offer price within
3 working days from notification and the remaining ninety five percent (95%) of his/her bid offer within
the approved payment period.
NOTE: Original Borrowers or Interested Bidders who have a history with Pag-IBIG Fund, where its Housing
Loan account was Foreclosed or Cancelled are not allowed to avail of a Long-Term Installment/Housing Loan
as a mode of payment but may Submit Offer through Cash or Short-Term Installment basis only.

Please be advised that only bidders or Attorney-In-Fact are allowed in the counter servicing
to maintain social distancing in the area. You are required to wear face mask and face shield
upon entry and provide your personal writing materials. Pag-IBIG Fund reserves the right
to suspend the scheduled Sealed Public Auction in the event that provision provided in
the IATF requirements are violated.

Conforme:

√
Signature over printed name of bidder or
Attorney-in-fact (if any)
 Pag-IBIG Fund
(Cebu Housing Hub)
LIST OF ACQUIRED ASSETS FOR PUBLIC AUCTION
113th Tranche - 2nd round Sealed Public Auction

DATE OF ACCEPTANCE: 13 FEBRUARY 2023 TO 17 FEBRUARY 2023

DATE OF OPENING: 21 FEBRUARY 2023
REQUIRED GROSS MONTHLY INCOME
FOR BIDDERS WHO WILL CHOOSE

ITEM PROPERTY LOT FLOOR MINIMUM BID APPRAISAL LONG TERM INSTALLMENT AS MODE
LOCATION TYPE TCT NO. OF PAYMENT STATUS OF TCT
NO. NUMBER AREA AREA PRICE DATE (Amount is based on minimum bid
price, required GMI may change
depending on actual Bid Offer)

LAPU-LAPU CITY
GENESIS HOMES SUBDIVISION, BASAK, LAPU-LAPU CITY, CEBU
LOT 56, BLOCK 03, GENESIS HOMES SUBDIVISION, BASAK, LAPU-
1 806419013100048 TOWNHOUSE 110-2019000136 40.00 47.00 1,026,296.10 07/29/22 PhP 18,293.58 Consoldiated to HDMF
LAPU CITY, CEBU
PACIFIC GRANDE RESIDENCES, BASAK, LAPU-LAPU CITY, CEBU
UNIT 24-207, PACIFIC GRANDE RESIDENCES, BASAK, LAPU-LAPU For consolidation - CTS
2 867202210270004 CONDOMINIUM 110-2017001933 12.50 540,000.00 08/23/22 PhP 9,625.42
CITY, CEBU (Under BIR abatement)
UNIT 24-216, PACIFIC GRANDE RESIDENCES, BASAK, LAPU-LAPU
3 867202206280012 CONDOMINIUM 110-2017001942 12.50 540,000.00 03/21/22 PhP 9,625.42 For consolidation - CTS
CITY, CEBU
LA ALDEA BUENA MACTAN SUBDIVISION, BABAG, LAPU-LAPU CITY, CEBU
LOT 04, BLOCK 08, LA ALDEA BUENA MACTAN SUBDIVISION, BABAG,
4 806718111200137 TOWNHOUSE 110-2017002812 48.00 47.20 936,450.00 10/07/22 PhP 16,692.08 Consolidated to HDMF
LAPU-LAPU CITY, CEBU

LILOAN
VILLA AZALEA SUBDIVISION, COTCOT, LILOAN, CEBU
LOT 16, BLOCK 07, VILLA AZALEA SUBDIVISION, COTCOT, LILOAN,
5 867202110200004 TOWNHOUSE 111-2016002031 40.00 52.20 1,143,540.00 01/16/23 PhP 20,383.43 For consolidation - REM
CEBU

BOGO CITY
A & B I SUBDIVISION, DAKIT, BOGO CITY, CEBU

6 867202208250004 LOT 1048-B-1-F, A & B I SUBDIVISION, DAKIT, BOGO CITY, CEBU LOT ONLY T-112285 200.00 396,000.00 06/24/22 PhP 7,058.64 Consolidated to HDMF

FATEHILLS SUBDIVISION, COGON, BOGO CITY, CEBU

LOT 25, BLOCK 03, FATEHILLS SUBDIVISION, COGON, BOGO CITY,
7 867202208250003 LOT ONLY 102-2017000109 338.00 608,400.00 06/24/22 PhP 10,844.64 Consolidated to HDMF
CEBU

CEBU CITY
GOLDEN PEAK HOTEL AND SUITES, GORORDO AVE., COR. N. ESCARIO, KAMPUTHAW, CEBU CITY, CEBU
UNIT 1512, GOLDEN PEAK HOTEL AND SUITES, GORORDO AVE., For consolidation - REM
8 806420071000019 CONDOMINIUM C-4926 31.45 2,955,060.00 08/23/22 PhP 52,673.51
COR. N. ESCARIO, KAMPUTHAW, CEBU CITY, CEBU (Under BIR abatement)
TALAMBAN, CEBU CITY, CEBU
For consolidation - REM
9 806420071000017 LOT 10374-F-2, TALAMBAN, CEBU CITY, CEBU LOT ONLY 6737 100.00 558,000.00 01/14/22 PhP 9,946.27
(Under BIR abatement)
DECA HOMES - BACAYAN SUBDIVISION, BACAYAN, CEBU CITY, CEBU
LOT 31, BLOCK 06, DECA HOMES - BACAYAN SUBDIVISION, TOWNHOUSE END
10 806418092600051 107-2019002242 59.00 44.00 923,220.00 01/12/22 PhP 16,456.26 Consolidated to HDMF
BACAYAN, CEBU CITY, CEBU WITH FIREWALL
ST. VILLE SUBDIVISION, BACAYAN, CEBU CITY, CEBU
LOT 09, BLOCK 01, ST. VILLE SUBDIVISION, BACAYAN, CEBU CITY,
11 806418122800146 DOUBLE ATTACHED 10928 60.00 74.00 1,277,010.00 10/01/21 PhP 22,762.52 For consolidation - REM
CEBU

TALISAY CITY
STA. MARIA HEIGHTS SUBDIVISION, MAGHAWAY, TALISAY CITY, CEBU
LOT 63, BLOCK 03, STA. MARIA HEIGHTS SUBDIVISION, MAGHAWAY, For consolidation - CTS
12 864202205200003 DUPLEX T-125601 50.00 32.20 266,714.10 08/15/22 PhP 4,754.14
TALISAY CITY, CEBU (Under BIR abatement)

MINGLANILLA
DECA HOMES- TUNGKIL SUBDIVISION, TUNGKIL, MINGLANILLA, CEBU
LOT 16, BLOCK 02, PH. 3, DECA HOMES- TUNGKIL SUBDIVISION,
13 864202206270004 TOWNHOUSE 102-2017000881 52.00 46.40 892,158.30 05/12/22 PhP 15,902.59 Consolidated to HDMF
TUNGKIL, MINGLANILLA, CEBU
LOT 63, BLOCK 07, PH. 3, DECA HOMES- TUNGKIL SUBDIVISION,
14 864202205180013 TOWNHOUSE 102-2020002044 38.00 46.40 797,385.60 03/24/22 PhP 14,213.28 Consolidated to HDMF
TUNGKIL, MINGLANILLA, CEBU
LOT 14, BLOCK 11, PH. 4, DECA HOMES - TUNGKIL SUBDIVISION, TOWNHOUSE END
15 806418122800106 102-2018001674 62.00 46.40 1,012,500.00 09/12/22 PhP 18,047.66 Consolidated to HDMF
TUNGKIL, MINGLANILLA, CEBU WITH FIREWALL

CARCAR CITY
TIERRA NAVA SUBDIVISION, POBLACION III, CARCAR CITY, CEBU
LOT 08, BLOCK 04, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
16 864202210270012 TOWNHOUSE 102-2017008282 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
LOT 03, BLOCK 08, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
17 864202210270016 TOWNHOUSE 102-2017008336 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
LOT 36, BLOCK 12, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
18 864202210270010 TOWNHOUSE 102-2017008441 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
LOT 37, BLOCK 12, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
19 864202210270013 TOWNHOUSE 102-2017008442 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
LOT 06, BLOCK 14, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
20 864202210270011 TOWNHOUSE 102-2017008467 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
LOT 06, BLOCK 17, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
21 864202210270014 TOWNHOUSE 102-2017008497 42.00 36.00 1,177,520.40 02/11/22 PhP 20,989.13
CARCAR CITY, CEBU (Under BIR abatement)
LOT 06, BLOCK 24, TIERRA NAVA SUBDIVISION, POBLACION III, For consolidation - CTS
22 864202209210010 TOWNHOUSE 102-2017008692 42.00 36.00 1,226,160.00 08/01/22 PhP 21,856.12
CARCAR CITY, CEBU (Under BIR abatement)
ESPERANZA HOMES CARCAR SUBDIVISION, CAN-ASUJAN, CARCAR CITY, CEBU
LOT 23, BLOCK 13, ESPERANZA HOMES CARCAR SUBDIVISION, CAN- For consolidation - CTS
23 864202207220003 ROWHOUSE 102-2017003204 34.00 20.20 492,030.00 05/18/22 PhP 8,770.36
ASUJAN, CARCAR CITY, CEBU (Under BIR abatement)
LA CRESTA HILLS SUBDIVISION, CAN-ASUJAN, CARCAR CITY, CEBU
LOT 29, BLOCK 04, LA CRESTA HILLS SUBDIVISION, CAN-ASUJAN, ROWHOUSE END For consolidation - CTS
24 864202209210012 102-2019005713 50.00 27.25 685,890.00 08/01/22 PhP 12,225.89
CARCAR CITY, CEBU WITH FIREWALL (Under BIR abatement)
NOTE: ACCOUNTS UNDER ABATEMENT MAY TAKE SEVERAL YEARS (MORE OR LESS 5 YEARS) FOR TCT TO BE CONSOLIDATED IN THE NAME OF THE FUND
 Buy a property
as low as
AUCTION SALE
DATE OF ACCEPTANCE: 13 FEBRUARY 2023 - 17 FEBRUARY 2023 8:00 AM - 5:00 PM
P 266,714.10 at the 3rd Floor, Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, Cebu City
DATE OF OPENING: 21 FEBRUARY 2023

NOTE: ACCOUNTS UNDER BIR ABATEMENT MAY TAKE SEVERAL YEARS (more or less 5 years) FOR TCT TO BE CONSOLIDATED IN THE NAME OF THE FUND
For more information, please visit or call Acquired Assets Division at the 3rd Floor, Pag-IBIG Fund-WT Corporate Tower, Mindanao Ave., Cebu Business Park, Cebu City
Globe Landline: (032) 412-2110, Globe mobile no. 0926-0815994 and Smart mobile no. 0943-3615915
or email us at [email protected]; visit our website at www.pagibigfund.gov.ph
Public Auction - For Individual Bidder HQP-AAF-103
(V02, 02/2022)

Rank
OFFER TO BID
__________________
Date

To: Pag-IBIG FUND COMMITTEE ON DISPOSITION OF ACQUIRED ASSETS

Relative to your “INVITATION TO BID” on sale of acquired properties published in the newspaper/Pag-IBIG Fund
website to be held on _____________ at _________________________________________________________,
I/We hereby submit my/our bid offer, subject to the terms and conditions stated in the Invitation to Bid and the
Guidelines Implementing the Sale of Pag-IBIG Fund Acquired Assets Program:

1. Location of the Property: ____________________________________________________________

_______________________________________________ Property Number: ___________________
2. Bid Offer: _________________________________________________________________________
____________________________________________________________ (P__________________)
3. Bid Bond (5% of Bid Offer): __________________________________________________________
____________________________________________________________ (P__________________)
4. Mode of Payment for the Remaining Balance of Bid Offer:
 Cash (to pay within 30 days from signing of Deed of Conditional Sale)
 Short-Term Installment (to pay within _______ months) (maximum of 12 months)
 Long-Term Installment (to pay within _______ years) (maximum of 30 years) (please attached a
copy of proof of income)

I/We certify that the information/statement indicated herein is to my/our knowledge, true, correct, complete and
updated and I/We investigate and inspect the said property/ies before tendering this offer to bid. The signature
appearing below is genuine. Further, I/We hereby agree of the following:

1) To purchase the property/ies on “As Is, Where Is” basis on which I/We accept the physical condition
of the property/ies including whether it is occupied or not. That whatever fees and dues pertaining to the
property/ies shall be for the account of the me/us;

2) To hold Pag-IBIG Fund free and harmless from liabilities of whatever kind and nature arising out of
any legal claims which may be filed by third persons involving the property/ies;

3) That I/We enclose my/our CASH payment/s or MANAGER’s CHECK payable to the Pag-IBIG FUND,
as bidder’s bond in the amount at least 5% of the bid offer. The said deposit shall be returned if my/our
proposal is deemed unsuccessful, or applied as part of the payment if my/our bid is declared as winning bid
by the Pag-IBIG FUND.

4) That Pag-IBIG Fund has no commitment and makes no guaranty to approve the offer, as it is
understood to be subject to final approval by Pag-IBIG Fund’s approving authorities.

5) That should my/our application be approved, notarial and all other fees pertaining to the purchase of
the property/ies shall be for my/our account.

6) That any notification posted on website and/or sent by Pag-IBIG Fund through email or SMS shall be
sufficient compliance to the notification requirement and presumed to be deemed and received.

Further, I/We hereby agree and consent to the collection, generation, use, processing, storage and retention of
my/our personal information for the purpose/s of acquiring a Pag-IBIG Fund acquired asset/s. I/We understand that
my/our personal information will be shared with other government agencies and to third parties as may be
necessary, for the use of which shall be governed by the Republic Act No. 10173 also known as the “Data Privacy
Act of 2012” and its implementing rules and regulations, I/We promise to notify Pag-IBIG Fund should there be any
amendment or changes in my/our personal information indicated herein.

_______________________ ______________________________ _________________

SIGNATURE OF BIDDER SIGNATURE OF AUTHORIZED DATE
OVER PRINTED NAME REPRESENTATIVE OVER PRINTED NAME
(IF ANY)

THIS FORM MAY BE REPRODUCED. NOT FOR SALE. Page 1 of 2

 HQP-AAF-103
(V02, 02/2022)
Bidder Information (Please write in BLOCK LETTERS):
NAME OF BIDDER DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

PRESENT OCCUPANT FORMER OWNER Pag-IBIG MEMBER WITH PREVIOUS / EXISTING Pag-IBIG HOUSING LOAN ACCOUNT
 Yes  Yes  Yes  Yes, Housing Account Number (HAN) : ________________________________________
 No  No  No  No

MARITAL STATUS GENDER CITIZENSHIP

 Single/Unmarried  Widow/er  Annulled  Male
 Married  Legally Separated  Female

Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

NAME OF SPOUSE (IF MARRIED) DATE OF BIRTH

Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name

Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS
 Present Home Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Employer/Business Address
 Permanent Home Address
Authorized Representative Information (if applicable) (Please write in BLOCK LETTERS):
(Note: Authorized Representatives must be armed with an SPA when transacting with Pag-IBIG Fund)
NAME OF AUTHORIZED REPRESENTATIVE DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

FORMER OWNER Pag-IBIG MEMBER GENDER MARITAL STATUS CITIZENSHIP

 Yes  Yes  Male  Single/Unmarried  Widow/er  Annulled
 No  No  Female  Married  Legally Separated

Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS
 Present Home Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Employer/Business Address
 Permanent Home Address

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY

Reviewed by Date Remarks

Noted by Committee on Disposition of Acquired Assets

THIS FORM MAY BE REPRODUCED. NOT FOR SALE. Page 2 of 2

 Public Auction - For Juridical Entity HQP-AAF-238
(V02, 02/2022)

Rank
OFFER TO BID
__________________
Date

To: Pag-IBIG FUND COMMITTEE ON DISPOSITION OF ACQUIRED ASSETS

Relative to your “INVITATION TO BID” on sale of acquired properties published in the newspaper/Pag-IBIG Fund
website to be held on _____________ at _________________________________________________________,
I/We hereby submit my/our bid offer, subject to the terms and conditions stated in the Invitation to Bid and the
Guidelines Implementing the Sale of Pag-IBIG Fund Acquired Assets Program:

1. Location of the Property: ____________________________________________________________

_______________________________________________ Property Number: __________________
2. Bid Offer: _________________________________________________________________________
____________________________________________________________ (P__________________)
3. Bid Bond (5% of Bid Offer): __________________________________________________________
____________________________________________________________ (P__________________)
4. Mode of Payment for the Remaining Balance of Bid Offer:
 Cash (to pay within 30 days from signing of Deed of Conditional Sale)
 Short-Term Installment (to pay within _______ months) (maximum of 12 months)

I/We certify that the information/statement indicated herein is to my/our knowledge, true, correct, complete and
updated and I/We investigate and inspect the said property/ies before tendering this offer to bid. The signature
appearing below is genuine. Further, I/We hereby agree of the following:

1) To purchase the property/ies on “As Is, Where Is” basis on which I/We accept the physical condition of
the property/ies including whether it is occupied or not. That whatever fees and dues pertaining to the
property/ies shall be for the account of the me/us;

2) To hold Pag-IBIG Fund free and harmless from liabilities of whatever kind and nature arising out of any
legal claims which may be filed by third persons involving the property/ies;

3) That I/We enclose my/our CASH payment/s or MANAGER’s CHECK payable to the Pag-IBIG FUND, as
bidder’s bond in the amount at least 5% of the bid offer. The said deposit shall be returned if my/our proposal is
deemed unsuccessful, or applied as part of the payment if my/our bid is declared as winning bid by the Pag-
IBIG FUND.

4) That Pag-IBIG Fund has no commitment and makes no guaranty to approve the offer, as it is understood
to be subject to final approval by Pag-IBIG Fund’s approving authorities.

5) That should my/our application be approved, notarial and all other fees pertaining to the purchase of the
property/ies shall be for my/our account.

6) That any notification posted on website and/or sent by Pag-IBIG Fund through email or SMS shall be
sufficient compliance to the notification requirement and presumed to be deemed and received.

Further, I/We hereby agree and consent to the collection, generation, use, processing, storage and retention of
my/our personal information for the purpose/s of acquiring a Pag-IBIG Fund acquired asset/s. I/We understand that
my/our personal information will be shared with other government agencies and to third parties as may be
necessary, for the use of which shall be governed by the Republic Act No. 10173 also known as the “Data Privacy
Act of 2012” and its implementing rules and regulations, I/We promise to notify Pag-IBIG Fund should there be any
amendment or changes in my/our personal information indicated herein.

_______________________ ______________________________ _________________

SIGNATURE OF BIDDER SIGNATURE OF AUTHORIZED DATE
OVER PRINTED NAME REPRESENTATIVE OVER PRINTED NAME
(IF ANY)

THIS FORM MAY BE REPRODUCED. NOT FOR SALE.

Page 1 of 2
 HQP-AAF-238
(V02, 02/2022)
Company/Organization Information (Please write in BLOCK LETTERS):
NAME OF COMPANY/ORGANIZATION DATE ESTABLISHED

m m d d y y y y

TRADE NAME (IF ANY) DATE OF INITIAL OPERATION

m m d d y y y y
TYPE OF ORGANIZATION CONTACT DETAILS
 Sole Proprietorship  Corporation  Cooperative  Others (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
 Partnership  Local Government Unit (LGU)  Association _________________
Cellphone No.
NATURE OF BUSINESS NO. OF YEARS IN BUSINESS

Pag-IBIG EMPLOYER NO. TAX IDENTIFICATION NUMBER (TIN)

Telephone. No.

OFFICE ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name

Email Address
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

NAME OF KEY OFFICERS (Please attach separate sheet if necessary) Pag-IBIG MID NUMBER/RTN POSITION

NAME OF AFFILIATED COMPANIES & RELATED

BUSINESSES OFFICE ADDRESS NATURE OF BUSINESS
(Please attach separate sheet if necessary)

Authorized Representative Information (Please write in BLOCK LETTERS):

(Note: Authorized Representatives must be armed with an SPA / Secretary’s Certificate when transacting with Pag-IBIG Fund)
NAME OF AUTHORIZED REPRESENTATIVE DATE OF BIRTH
Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

m m d d y y y y

FORMER OWNER Pag-IBIG MEMBER GENDER MARITAL STATUS CITIZENSHIP

 Yes  Yes  Male  Single/Unmarried  Widow/er  Annulled
 No  No  Female  Married  Legally Separated
Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)

PERMANENT HOME ADDRESS CONTACT DETAILS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name (Indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NO.
Cellphone No.
Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
Home Tel. No.

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
Employer/Business Tel. No.

EMPLOYER/BUSINESS NAME
Personal Email Address

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name
PREFERRED MAILING ADDRESS

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code
 Present Home Address
 Employer/Business Address
 Permanent Home Address

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY

Reviewed by Date Remarks

Noted by Committee on Disposition of Acquired Assets

Page 2 of 2
THIS FORM MAY BE REPRODUCED. NOT FOR SALE.
 HQP-AAF-120
For Authorized Representative of Corporation in (V01, 08/2017)
Public Auction of Acquired Assets of the Fund

SECRETARY’S CERTIFICATE

I, ____________________________, Filipino, of legal age, with office address at

_________________________________________________, after being duly sworn in
accordance with law, hereby depose and say:

1. That I am the duly elected Corporate Secretary of

________________________________________________________,
a corporation duly organized and existing under the laws of the
Republic of the Philippines, with principal office address at
________________________________________________________
________________________________________________________.

2. That during the Regular/Special meeting of the Board of

(Directors/Trustees) of the said corporation held on _____________ at
____________________, at which a quorum was present, the
following resolutions were adopted:

RESOLUTION NO. _________

Series of ________

“RESOLVED, as it is hereby resolved, that the Corporation is

hereby authorized to participate in a public auction of acquired
assets of Pag-IBIG Fund, subject to such terms and conditions as
may be provided by the Pag-IBIG Fund.

“RESOLVED FURTHER, that Mr./Ms. ___________________

is/are hereby authorized for and in behalf of the Corporation to do
and perform the following acts, to wit:

“To execute, sign and deliver to the Pag-IBIG Fund any documents
which may be required in participation of the Corporation in public
bidding and post bid documentation thereafter in case the bid is
declared as the winning bid;

“To receive the Notice of Award issued by the Committee on

Disposition of Acquired Assets of Pag-IBIG Fund once the bid offer
is declared as the winning bid;

“To receive bidding documents, including the bidder’s bond from

Committee on Disposition of Acquired Assets of Pag-IBIG Fund
once the bid offer is declared as non-winning/ineligible bid; and

“To perform other acts that the corporation is required to perform in

relation to the said public auction of the Fund.

“RESOLVED FINALLY, that any and all acts of the above-named

representative/attorney-in-fact concerning the above-referenced
subject matter are hereby affirmed, confirmed and ratified by the
Corporation for all legal intents and purposes.”

1
 HQP-AAF-120
(V01, 08/2017)

The foregoing resolutions are in full force and effect and have not been
amended, suspended or revoked.

IN WITNESS WHEREOF, this Certificate has been signed this

_________________, 20___ at _________________________________, Philippines.

Corporate Secretary

I.D.________ No. ________

Date of Issue: ___________
Expiry Date: ____________

SUBSCRIBED AND SWORN TO before me at __________________________

on ________________ affiant exhibited to me his/her Competent Evidence of Identity
____________________________ No. _____________ issued on ______________, at
___________________________________, and is personally known to or identified by
me to be the same person who executed the foregoing Secretary’s Certificate and
he/she further affirmed and made oath as to the said instrument.

NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of _____.

2
Special Power of Attorney for Authorized HQP-AAF-119
Representative of Bidder (V01, 06/2017)

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I/We ____________________________, Filipino citizen/s, of legal age,

single/married, with residence and postal address at ___________________________
__________________________________________ do hereby name, constitute, and
appoint _______________________________, of legal age, single/married, with
residence and postal address at __________________________________________
___________________________ to be my/our true and lawful Attorney-in-Fact, for
me/us in my/our name, place and stead, to do and perform the following acts, to wit:

1. To participate, for and in my/our behalf, in a public auction of Pag-IBIG Fund

Acquired Assets scheduled on ____________ to be held at
____________________________________;

2. To make, sign and submit any documents which may be required by the Pag-
IBIG Fund subject of my/our participation in public bidding and post-bid
documentation thereafter if in case that my/our bid is declared as the winning
bid;

3. To receive the Notice of Award issued by the Committee on Disposition of

Acquired Assets of Pag-IBIG Fund once my/our bid offer is declared as the
winning bid;

4. To receive my/our bidding documents, including the bidder’s bond, from

Committee on Disposition of Acquired Assets of Pag-IBIG Fund once my/our
bid offer is declared as non-winning/ineligible bid; and

5. To perform other acts that the bidder is required to perform in relation to the
said public auction of the Fund.

HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full power
and authority to do and perform each and every act which may be necessary or
convenient, in connection with any of the foregoing as fully to all intents and purposes as
I/We might or could do, if personally present and acting in person, HEREBY RATIFYING
AND CONFIRMING all that my said Attorney-in-Fact may also do or cause to be done
under and by virtue of these presents.

IN WITNESS WHEREOF, I have hereunto set my hand this _______ day of

_________, _____ at the Province/City of ______________________________.

____________________________ ____________________________
Attorney-in-Fact Bidder

____________No._____________ _____________No.____________
Date of Issue _________________ Date of Issue _________________
Expiry Date __________________ Expiry Date __________________

With marital consent

____________________________

SIGNED IN THE PRESENCE OF:

____________________________ ____________________________
 HQP-AAF-119
(V01, 06/2017)

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

PROVINCE/CITY OF ____________) S.S.

BEFORE ME, a Notary Public for and in ________________________________,

province/city of ______________________, this _______ day of _____________, _____,
personally appeared the named-persons in this Special Power of Attorney (SPA), who
have satisfactorily proven to me their identity through their identifying documents written
below their names and signature, that they are the same persons who executed and
voluntarily signed the foregoing SPA, duly signed by their instrumental witnesses at the
spaces herein provided which they acknowledged before me as their free and voluntary
act and deed.

The foregoing instrument which relates to a SPA consists of ________ (___) pages
including the page on which the acknowledgment is written, has been signed by the
parties and instrumental witnesses on all pages thereof, in my presence, and sealed with
my Notarial Seal.

WITNESS MY HAND AND NOTARIAL SEAL.

NOTARY PUBLIC

Doc. No. __________;

Page No.__________;
Book No.__________;
Series of __________.
 SAMPLE HOUSING LOAN CALCULATOR
ESTIMATED MONTLY
AMORTIZATION
REQUIRED GROSS MONTHLY
LOAN AMOUNT Principal + Interest
INCOME
(Based on the 3 years repricing period
and a term of 30 years)

400,000.00 7,036.77 2,462.87

500,000.00 8,795.96 3,078.59
1,000,000.00 17,591.92 6,157.17
1,500,000.00 26,387.88 9,235.76
2,000,000.00 35,183.84 12,314.34
2,500,000.00 43,979.80 15,392.93
3,000,000.00 52,775.76 18,471.52
3,500,000.00 61,571.72 21,550.10
4,000,000.00 70,367.68 24,628.69
4,500,000.00 79,163.64 27,707.27
5,000,000.00 87,959.60 30,785.86
5,500,000.00 96,755.56 33,864.45
6,000,000.00 105,551.52 36,943.03

** Above computation is for reference only and NOT official.

** Actual loanable amount may vary depending on Pag-IBIG Fund’s validation and evaluation.
Housing Loan Affordability Calculator https://www.pagibigfund.gov.ph/acquiredassets.html