Winning bidders shall also be notified via email and SMS. The results of the sealed public auction shall be released and posted at Pag-IBIG’s official website. Opening of sealed bids shall be done as per schedule.Please refer to bidding guidelines for more details. No proposals shall be accepted earlier or later than the scheduled date. Submit sealed bid/proposal – Bidders are advised to submit their proposals together with a photocopy of their 2 valid Identification (ID) card and latest proof of income only on the scheduled date of batch.Only bid offers from registered bidders shall be accepted and a registration stub will be issued as proof of registration. Register for the auction/bidding – Bidders are required to register at the Acquired Asset frontline counter servicing (venue to be specified per auction) prior to dropping of sealed bid offer/s.(refer to the guidelines for exact forms, and where to secure them) You will submit these when you register to submit your bid offers. If a property passes your due diligence and you want to participate in the auction, you need to secure and fill-out related forms from Pag-IBIG. Secure forms you need to fill-out and submit when you register for the auction.Always keep in mind that foreclosed properties are for sale on an “ As-is, where-is” basis. When you find a property that you are interested in, you need to do a reasonable amount of due diligence (property inspection to see extent of repairs needed, check if there are any illegal occupants, checking the titles/tax declarations for any problems, etc.). View the list of properties included in the auction and identify properties you are interested in.
#Foreclosed soldiers hills muntinlupa how to
This is just an overview/summary of how to avail/participate in a public auction conducted by Pag-IBIG:
THE DECISION OF THE FUND IS FINAL AND BINDING.” How to avail or participate in the public auctions of Pag-IBIG acquired assets 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.
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