1st Auction
1st Auction
1st Auction
(V01, 11/2018)
For 1st Public Auction
INVITATION TO BID
November 10, 2023
The Pag-IBIG Fund Committee on Disposal of Real and Other Properties Acquired hereby invites interested
bidders who would like to purchase Pag-IBIG Fund acquired assets through Sealed Public Auction:
GENERAL GUIDELINES
1. The list of the properties for Sealed Public Auction may be viewed at Pag-IBIG Fund Official website
www.pagibigfund.gov.ph (click Properties for sale – Public Auction No discount Cebu Housing Business Center -
136th Tranche).
2. All interested bidders are encouraged to 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 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. Interested bidders shall submit their BID OFFER indicating their preferred mode of payment using the OFFER TO
BID form HQP-AAF-103 (V02) for individual bidder and HQP-AAF-238 (V02) for Company bidder. You may
secure these copies at www.pagibigfund.gov.ph click Properties for sale – Public Auction No discount Cebu
Housing Business Center -136th Tranche and click/tap “click here to open complete details”.
5. Bidders are also encouraged to visit the above website 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 are advised to drop their Registration form and Bid Offer/s together with a photocopy of their valid
Identification (ID) card (with 3 specimen signature) and latest proof of income in the following drop box location
from 8:00 AM to 5:00 PM starting 28 NOVEMBER 2023 until 04 DECEMBER 2023:
• Pag-IBIG Fund Home Lending Operations Office, 2nd Flr. Richgold Bldg., Corner Cong. Mate Avenue
and Maharlika Highway, Brgy. 91 (Abucay), Tacloban City, Leyte;
• Pag-IBIG Fund Ormoc Branch, 2nd level Robinsons Place Ormoc, Brgy. Cogon, Ormoc City, Leyte;
• Pag-IBIG Fund Calbayog Branch, Ground Flr. Government Center Building, P-2 Brgy. Bagacay,
Calbayog City, Samar and/or
• 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City,
Cebu
7. Bidders may designate their Authorized representatives, provided they shall issue the following documents:
a. Notarized Special Power of Attorney (SPA) for individual-bidder (HQP-AAF-119 (V01) and valid identification
(ID) card of the bidder and their representative (with 3 specimen signature). The SPA for bidding may be
downloaded at https://www.pagibigfund.gov.ph/acquiredassets.html
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 – HQP-AAF-120 (V01) and valid identification (ID) card of the
Corporate Secretary and their representative (with 3 specimen signature).
8. 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.
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. The determination of winning bidders shall be on 20 DECEMBER 2023 at Pag-IBIG Fund WT Corporate
Tower, Cebu Business Park, Cebu City.
11. 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.
12. The bidder who offers the highest bid shall be declared as the winner.
13. 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.
14. 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.
15. The result of the sealed public auction shall be released and posted at
https://www.pagibigfund.gov.ph/acquiredassets.html on the following week after the scheduled date of
determination of highest bidders. Bidders are encouraged to check the result on the said website.
16. 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.
17. 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.
18. For bidders whose bid bond is in the form of a MANAGER’S CHECK, they 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.
19. 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);
HQP-AAF-101
(V01, 11/2018)
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.
20. 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.
21. 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.
22. Interested parties may visit any of the following designated dropbox location:
• Pag-IBIG Fund Home Lending Operations Office, 2nd Flr. Richgold Bldg., Corner Cong. Mate Avenue
and Maharlika Highway, Brgy. 91 (Abucay), Tacloban City, Leyte;
• Pag-IBIG Fund Ormoc Branch, 2nd level Robinsons Place Ormoc, Brgy. Cogon, Ormoc City, Leyte;
• Pag-IBIG Fund Calbayog Branch, Ground Flr. Government Center Building, P-2 Brgy. Bagacay,
Calbayog City, Samar and/or
• 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City,
Cebu
Or you may also contact MR. ANGELO E. HERMOSISIMA; MS. JERRA MAE D. PACINIO; MS. KAYE
ANTONETTE A. DIANO OR MS. MA. SARAH A. BETINOL-NOLASCO at tel. nos. (032) 260-1800 and (032) 412-
2110 or email your inquiries for further details at aehermosisima@pagibigfund.gov.ph or
cebulmrd.lrrd2@pagibigfund.gov.ph.
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.
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.
7. Upon registration (based on the scheduled date posted), drop the sealed bid envelope to the
designated bid box.
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
136th Tranche - 1st Sealed Public Auction
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)
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)
LOT 75, BLOCK 33, PEERLESS VILLAGE SUBDIVISION, For consolidation - CTS
12 807018092800190 SINGLE ATTACHED T-7876 86.00 85.00 1,380,000.00 03/08/22 ₱24,276.85
BARANGAY 93 BAGACAY, TACLOBAN CITY, LEYTE (Under BIR abatement)
VILLA CESAR TOWNHOMES, BARANGAY 99 DIIT, TACLOBAN CITY, LEYTE
LOT 44, BLOCK 11, VILLA CESAR TOWNHOMES, BARANGAY 99 For consolidation - CTS
13 870202110040026 TOWNHOUSE 122-2016001125 36.00 50.00 1,388,800.00 06/20/23 ₱24,431.66
DIIT, TACLOBAN CITY, LEYTE (Under BIR abatement)
ALANG-ALANG, LEYTE
MARIANEVILLE SUBDIVISION, MUDBORON, ALANG-ALANG, LEYTE
LOT 04, BLOCK 06, MARIANEVILLE SUBDIVISION, MUDBORON, For consolidation - REM
14 807018091700008 SINGLE DETACHED T-28775 80.00 64.00 641,300.00 06/08/22 ₱11,281.70
ALANG-ALANG, LEYTE (Under BIR abatement)
PALO, LEYTE
LOLITA HOMES SUBDIVISION, GUINDAPUNAN, PALO, LEYTE
LOT 31, BLOCK 01, LOLITA HOMES SUBDIVISION,
15 870202012120001 TOWNHOUSE 115-2022003423 45.00 66.00 1,471,300.00 06/15/22 ₱25,882.99 Consolidated to HDMF
GUINDAPUNAN, PALO, LEYTE
ST. SCHOLASTICA SUBDIVISION, BARAS, PALO, LEYTE
LOT 04, BLOCK 02, PH. 01, ST. SCHOLASTICA SUBDIVISION, For consolidation - CTS
16 807018092800044 ROWHOUSE TP-15417 34.00 55.00 942,900.00 03/08/22 ₱16,587.42
BARAS, PALO, LEYTE (Under BIR abatement)
LOT 33, BLOCK 09, PH. 01, ST. SCHOLASTICA SUBDIVISION,
17 870202305190002 ROWHOUSE 115-2021001137 42.00 42.00 844,200.00 03/14/23 ₱14,851.10 Consolidated to HDMF
BARAS, PALO, LEYTE
LOT 11, BLOCK 11, PH. 02, ST. SCHOLASTICA SUBDIVISION, For consolidation - CTS
18 807018092800059 TOWNHOUSE TP-17863 32.00 52.00 1,186,500.00 08/03/23 ₱20,872.81
BARAS, PALO, LEYTE (Under BIR abatement)
LOT 14, BLOCK 12, PH. 02, ST. SCHOLASTICA SUBDIVISION, For consolidation - CTS
19 807018092800053 TOWNHOUSE TP-17850 32.00 78.00 1,830,200.00 06/01/23 ₱32,196.73
BARAS, PALO, LEYTE (Under BIR abatement)
LOT 16, BLOCK 12, PH. 04, ST. SCHOLASTICA SUBDIVISION, For consolidation - CTS
20 870201911200014 TOWNHOUSE TP-23801 40.00 52.00 1,148,500.00 03/08/22 ₱20,204.32
BARAS, PALO, LEYTE (Under BIR abatement)
BERISO HEIGHTS II SUBDIVISION, CAMPETIC, PALO, LEYTE
LOT 24, BLOCK 03, BERISO HEIGHTS II SUBDIVISION, CAMPETIC,
21 870202212230122 SINGLE DETACHED TP-19603 90.00 32.00 555,320.00 07/07/22 ₱9,769.15 For consolidation - REM
PALO, LEYTE
LOT 14, BLOCK 14, BERISO HEIGHTS II SUBDIVISION, CAMPETIC,
22 870202212230047 SINGLE ATTACHED TP-16591 72.00 67.20 1,915,400.00 07/13/22 ₱33,695.56 For consolidation - REM
PALO, LEYTE
BARUGO, LEYTE
RUDLIN HOMES SUBDIVISION, ABANGO, BARUGO, LEYTE
LOT 07, BLOCK 01, RUDLIN HOMES SUBDIVISION, ABANGO, For consolidation - CTS
23 807018092800101 SINGLE ATTACHED TP-14270 90.00 60.25 1,431,200.00 09/19/23 ₱25,177.56
BARUGO, LEYTE (Under BIR abatement)
LOT 08, BLOCK 01, RUDLIN HOMES SUBDIVISION, ABANGO, For consolidation - CTS
24 870202110270028 SINGLE ATTACHED TP-14271 89.00 32.25 563,788.00 09/07/23 ₱9,918.11
BARUGO, LEYTE (Under BIR abatement)
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)
LOT 04, BLOCK 02, RUDLIN HOMES SUBDIVISION, ABANGO, For consolidation - CTS
25 807018092800062 SINGLE ATTACHED TP-14293 100.00 32.25 536,416.00 03/11/22 ₱9,436.59
BARUGO, LEYTE (Under BIR abatement)
LOT 06, BLOCK 03, RUDLIN HOMES SUBDIVISION, ABANGO, For consolidation - CTS
26 870201810260011 SINGLE ATTACHED TP-14304 85.00 33.00 742,960.00 12/19/22 ₱13,070.09
BARUGO, LEYTE (Under BIR abatement)
LOT 02, BLOCK 04, RUDLIN HOMES SUBDIVISION, ABANGO, For consolidation - CTS
27 870201912260018 SINGLE ATTACHED TP-14312 81.00 33.00 603,160.00 08/05/22 ₱10,610.74
BARUGO, LEYTE (Under BIR abatement)
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 cebulmrd.lrrd2@pagibigfund.gov.ph; visit our website at www.pagibigfund.gov.ph
Public Auction - For Individual Bidder HQP-AAF-103
(V02, 02/2022)
Rank
OFFER TO BID
__________________
Date
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:
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.
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
Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)
m m d d y y y y
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
Pag-IBIG MID NUMBER/RTN SSS/GSIS ID NO. TAXPAYERS ID NO. (TIN) COMMON REFERENCE NO. (CRN)
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
Rank
OFFER TO BID
__________________
Date
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:
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.
m m d d y y y y
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
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
m m d d y y y y
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
Page 2 of 2
THIS FORM MAY BE REPRODUCED. NOT FOR SALE.
Special Power of Attorney for Authorized HQP-AAF-119
Representative of Bidder (V01, 06/2017)
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;
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.
____________________________ ____________________________
Attorney-in-Fact Bidder
____________No._____________ _____________No.____________
Date of Issue _________________ Date of Issue _________________
Expiry Date __________________ Expiry Date __________________
____________________________
____________________________ ____________________________
HQP-AAF-119
(V01, 06/2017)
ACKNOWLEDGMENT
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.
NOTARY PUBLIC
SECRETARY’S CERTIFICATE
“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;
1
HQP-AAF-120
(V01, 08/2017)
The foregoing resolutions are in full force and effect and have not been
amended, suspended or revoked.
Corporate Secretary
NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of _____.
2
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)