Sealed Public Auction of Acquired Assets by Pag-IBIG Fund

Are you looking to invest in real estate? Pag-IBIG Fund is offering a chance for interested bidders to acquire properties through a Sealed Public Auction. Here's what you need to know:

1. Areas and Units Available:

• Iloilo City, Iloilo Province, and Bacolod City
• 22 Units

2. Period of Acceptance of Bid Offers:

• April 16-26, 2024

3. Opening of Bid Offers:

• April 29, 2024

General Guidelines:

• Interested parties must obtain copies of the Offer to Bid form either from the Acquired Asset frontline counter servicing or download it from www.pagibigfund.gov.ph

• Properties are sold on an "AS IS, WHERE IS" basis, so inspect them beforehand.

• No discounts are applicable for First Sealed Public Auction Properties.

• Register at designated Pag-IBIG Fund offices before submitting bid offers.

• Bid offers will be accepted from April 16 to April 26, 2024, with strict adherence to the schedule.

• Bidder may designate Authorized Representatives with necessary documents.

• Bid offers must not be lower than the minimum bid set by the Fund.

Determination of Winning Bidders:

• April 29, 2024, at the designated location.

• Winning bidders will be monitored by a representative from the Commission on Audit (COA).

Payment Details:

• Winning bidders must pay a BID BOND equivalent to 5% of the bid offer within 3 working days after the publication of winning bidders.

• Payment of the remaining 95% bid offer balance can be made through various modes.

For Further Details:

• Visit the Pag-IBIG Fund office or contact Ma. Imelda B. Tadifa, Quennie Heart Grace R. Lirazan, Pauline Angela J. Mabasa, and Liza Mae Y. Jaranilla at tel. no. (034) 707-1535 or via email at [email protected].

Don't miss this opportunity to invest in prime properties! Visit www.pagibigfund.gov.ph for more information. Happy bidding!