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Home Development Mutual Fund Davao Housing Hub Pryce Tower Condominium, Pryce Business Park JP Laurel Avenue, Davao City INVITATION FOR PUBLIC AUCTION Auoust 18.

1 Home Development Mutual Fund Davao Housing Hub Pryce Tower Condominium, Pryce Business Park JP Laurel Avenue, Davao City INVITATION FOR PUBLIC AUCTION Auoust The Home Development Mutual Fund (PagJBlG FUND) Davao Housing Hub-Committee on Disposition of Acquired Assets shall conduct a PUBLIC AUCTION for the following ACQUIREO RESIDENTIAL PROPERTIES on August 18,20'16 11:01 AM at DAWN',S CAFE FUNCTTON ROOM, NATTONAL HtcHWAy, QUEZON BLVD., KIDAPAWAN CITY. A PRE-BID CONFERENCE will be conducted on the same date at 9:00 AM. Galinato Villaqe Dansuli lsulan Sultan Kudarat Galinato Villaoe Oansuli lsulan Sultan Kudarat

PROFERTY LOCATION OF PROPERTY(ISULAN, TACURONG, KIDAPAWAN, AND COTABATO} LOT FLOOR MINIMUM to No BLK LOT OESCRIPTION AREA AREA BID PRICE 32 20 20 Aoo Sandawa Homes Phase lllsinoao Kidaoawan North

2 PROFERTY LOCATION OF PROPERTY(ISULAN, TACURONG, KIDAPAWAN, AND COTABATO} LOT FLOOR MINIMUM to No BLK LOT OESCRIPTION AREA AREA BID PRICE Aoo Sandawa Homes Phase lllsinoao Kidaoawan North Cotabato Apo Sandawa Homes Phase lv Sinqao Kidapawan North Cotabaio 't E&NCOUNTRYHOMES A44 E & N Country Hornes Phage I Poblacion Kidapawan No(h Cotabato , SAN ANTONIO VILLAGE COTABATO MAGUINOANAO San Antonio Vlllaoe MalaqaDas Cotabato Maquindanao GENERAL GUIDELINES 1. lnterested parties are required to secure copies of: (a) INSTRUCTIONS TO BIDDERS and (b) OFFER TO BID from the oflice of the Acqulred Assets Management and Disposition Unit of the HDMF, LMRD, Davao Houslng Hub, 9!g, or from the 2. Properties shall be sold on an "AS ls, WHERE ls" basis and the winning bidder shall take possession of the property without seeking assistance from HDMF office upon signing of the contract. 3. All interested buyers are encouraged to insoect the property/ies before tendering their offer/s. The list of the properties may b viewed at 4. All occupants of the foregoing acquired residential properties shall be given until AUGUST 12,2016 lo 7. formalize their offer othemise, the property they are occupying will be included in the bidding. Original bonowersi/former owners may repurchase the unit through CASH or INSTALLMENT for twelve (12) months. Third parq occupant may directly purchase the property through CASH, INSTALLMENT (12 months) or HOUSING LOAN provided that the existing housing loan guidelines are met as supported by the Membership Status Verification Slip (MSVS). Sealed proposalsin triplicate (3) copies shall be received by the Committee on Disposition of Acquired Assets at DAWN'S CAFE FUNCTION ROOM, NATIONAL HIGHWAY, QUEZON BLVD., KIDAPAWAN CITY starting at!qlq..[but not later than l1:00 Aii on the scheduled date; the said proposals shall be opened immediately in the presence of the committee and attending bidders. No proposals shall be accepted by the committee earlier or later than the scheduled time and date. The Bid Offer shall not be lower than the minimum bid set by the Fund. Each bid proposal shall be accompanied by a BIDDER'S BOND either in CASH or iianager's CHECK issued by any commercial bank, payable to Pag-IBIG Fund for an amount equivalent to l0% of the BID OFFER or the BlDDERmayopttopaytheBoNDstartingonAUGUsT15'2016atthe@ Tower. Baiada Davao CiW or at HDMF Kidapawan Members Services Branch. ABLC Bldq. Ninov Aquino Road. Kldapawan Citv and attach the original Pag-lBlG FUND Receipt (PFR) to the bid proposal. The BOND shall serve as down payment of the winning bidder. 8. Payment of the remaining ninety percent (907o) 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) lendar days ftom date of receipt of Notice of Award (NOA). b. lnstallment basis - on which payment shall be in equal monthly installment inclusive of interest and provided the chosen payment term shall not exceed twelve (12) months. c. Pag-lBlG Houslng Loan - payment shall be in the form of monthly amortization based on the approved loan term, which may be up to a maximum of thirty (30) years with the following considerations: l. Loan approval and term shall be subject to eligibility requirements stipulated under the Pag-lBlG End-User Home Financing Program guidelinesi 2. The loan amount shall be the biddefs bid offer, net ofthe 10% downpayment: ln case the housing loan application has been disapproved, the loo4biddels bond shall be tofiefted ln?avo? ol the Fund. $A fr{4

3 4. The buyer shall b required to file his Pag-lBlG housing loan application and complete docunrentary requirements and pay the following incidental expenses within thirty (30) calendar days from receipt of the Notice of Approval of Sale: a. b. Processlng fee of Three Thousand Pesos (P 3,@0.00); Equity, if applicable; One year advance insurance premiums (sales redemption insurancg as well as fire and allied peril insurance); 5. lncasethe Bid Offer. net of the ten oercent (10%) bid bond is stjll higher than the aooraisal It shall b oalj bv the bwer wihin thlrtv (3q) catendar davs uoon r celpt of Notice of Loan Aporoval. 6. Orlglnal Bonowe.3 who wish to participate on the Sealed Public Aucdon SHALL NOT BE ALLOWED to bid thru housing loan availment They may only be hru 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 frlllorring documents: a. Special Power of Attomey (SPA) for individual-bidder b. secfetary's certilicate for companytidder 10. The Opening ol Bids shallcommonce frorn l1:01 Al, untl completlon The tidder who ofiers the highest bid shall be declared as the winner. ln case th6re is only one (1) complying bk,der br a parth.ular poperty, h shall be automatcalty declared as the winning bidder. 12. ln case of a tied highest bid, it shall be resolved by applying the bllorving order of preference: a. Mode of Payrnent (Cash over lnstallment over Housing Loan); b. Time of entry It thero is stll a tie, it shall be resolved immediately by an open auclion between/among the bed hehest Bidders. 13. The non-winning bklders' respeclrw M bonds shell b r tumed to them immediably tog ther with an acknoivledgement receipt once a winning bidder has been dedared. 14. lf the winning bidder faals or refuses to push through with the purchase of the property, or iails to pay in full the remaining balance within 30 calendar days from receipt of the Notice of Anard (NOA), he shall lose his righl as winning bidder and the 10% bidde/s bond shall be foreited in favor of the Fund. 15. lnterested parties may visit the ACOUIRED ASSETS MANAGEMENT ANO DISPOSITION UNIT or contact tel no youmayalso yourinquiriesforfurtherdetailsat@. HDMF RESERVES THE RIGHT TO REJECT ANY OR ALL BIOS. TO WAIVE ANY FORMALIry THEREIN, OR ACCEPT SUCH BIDS AS MAY BE CONSIOEREO MOST AOVANTAGEOUS TO THE FUND. THE DECISION OF THE FUND IS FINAL AND BINDING. Vr STATERESA JR., : President { Lending Operations VisayaYMindanao Group Chairman,n**"#;iiirfil'Tf Asse tl. t

4 HQP.AAF-104 PagJBlG Fund Davao Housing Hub INSTRUCTION TO BIDDERS J Secure 3 copies of the Offer to Bid (For Sealed Public Auction) from the Marketing and Sales-Acquired Assets Unit at 4tt Flr Pryce Tower Condominium, Pryce Business Park, J.P. Laurel Ave Davao City or to the nearest Member Services Branch near you. Fill out the Offer to Bid and affix signature on the designated portion of the form. lnsert the accomplished Offer to Bid in an envelope together with the bidder's bond (Cash or Manager's check), cash payment slip and seal it. NOTES: a. Each bid must be accompanied by a bidde/s bond in the form of cash or manager's check issued by any commercial bank, payable to the Pag-lBlG Fund in the amount equal to ten percent (10%) of the bid price. Such deposit shall serve as the winning bidder's downpayment or shall be returned to the non-winning bidder, without interest, upon completion of the public bidding. Samole Computation: Minimum Bid Price : Bid Amount : P 300, (Pag-lBlG Fund) P (Higher than the Minimum bid price) (Bid Amount) x 10% (P 400,000.00) x.10 Bidder's Bond : P 40, b. The bid amount shall no case be lower than the minimum bid price determined by the Fund indicated in the lnvitation to Bid. proceed to the DAWN'S CAFE FUNCTION ROOM, National Highway, Quezon Blvd, Kidapawan City where the public auction will be conducted. Sign the attendance sheet. Drop the sealed envelope in the designated Bid Box at the the DAWN'S CAFE FUNCTION ROOM, National Highway, Quezon Blvd, Kidapawan City from 10:30 AM but not later than 1 1 :00 AM of the scheduled date for sealed public auction.

5 HQP.AAF-I03 OFFER TO BID Date Sir/Madam: Attention: COMMITTEE ON D SPOSIT ON OF ACQUIRED ASSETS Relative to your "INVITATION TO BlD,' (Sale of acquired properties) published at in the newspaper/pag-lblg website to be held on _ iffi13::lh["ji; the "lnvitation to Bid" and "lnshuction to Bidders & General Guidelines": 1. Location of the Property: 2. Property No. 3. Bid Price: 4. Bid Bond (10% of Bid price): _ TCT/CCT No (P) (P) 5. ModeofPayment: ffiiousing Loan 6. Former Owner: 7. Pag-lBlG Member DYes E No lyes D No!fl/e gngloge my/our CASH paymenus or MANAGER,s CHEGK payabte to the Pag-lBlG FUND, as bidder's bond in the amount equivalent to 10% of the bid price. 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-lBlG FUND. lalve further agree 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 the Pag-lBlG Fund's approving authorities. Vey truly yours, BIDDER Bidder lnformation: IIAfl E OF BUYER,IAUIHORIZEO REPRESENTATTVE Lrst ivrz, Fitg Neme Nefie Extcnion (o_g: I_, l) Mi<talh NenE tltai<hn Nrnc spouse(rf MARRTED) sssrcsrs rd xo. TAXPAYERS tdennf CATION NO. (nn'tp.g]eng [ Et XO commoi REFERE CE NO. (CRN) PERMANET{T HO[,lE ADORESS UniUR@n No., Floot Buikling Nane Lot No., Block No_, phase No. ot Hous. No. Ste t /Vern Sub.tvision Banngay MuticipatityCity erc,vina anl StaA Ca.uinAy@iO6@---Zi-C* CUII IAUI DETAILS 6& il ebtud) COUNIRY + ARE:A COOE TELEPI NE NO, Hom. T.l- l{o- - PRESET{T HOIIE ADDRESS UniuRoom No., Fbt BuidngNafie Lot No., Blo.,. No., phase No. othouse No. Sfsot/Vrr,o ffil r SuD(tvisioa Barangdy Muni.;patitycity prcinca snd State Counny qiebro d) Zlp Coda EMPLoYER/BUsINEss tiam= EIIPLOYER,IBUSI'{ESS AOORESS UnillRen No., Floor Buitding NanF- Lot No_, Bt@kNo, phase No. ot Houso t\to. SrBel/Vrru SuUi,sion eannga OATE OF BIRIH (nn&ytg) r Addre33 PREFERRED MAILITG AODRESS! Pem nent Hom AddrBs E Present Hom6 Addr.ss E Emdoyer/Busin.ss Addr*s l (November 2012)

ForeclosurePhilippines.com

ForeclosurePhilippines.com I Home Development Mutual Fund Davao Housing Hub Pryce Tower Condominium, Pryce Business Park JP Laurel Avenue, Davao City INVITATION FOR PUBLIC AUCTION May 25, 2018 The Home Development Mutual Fund (Pag-lBIG