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| Property number | 864202311100012 |
| Tct | 102-2017003121 |
| Tct status | For consolidation - CTS |
| Property type | ROWHOUSE |
| Lot area | 34.00 |
| Floor area | 20.40 |
| Minimum bid | ₱701,800.00 |
| Location | LOT 29, BLOCK 11, ESPERANZA HOMES SUBDIVISION, CAN- ASUJAN, CARCAR CITY, CEBU |
| Province | Cebu |
| City | Carcar City |
| Source | Pag-IBIG |
| Batch id | 64053 |
| Bidding location | 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City and/or Bogo Members Services Office – Dolores Building, P. Rodriguez St., Bogo City, Cebu |
| Bidding start | May 27, 2024 |
| Bidding end | May 31, 2024 |
| Appraisal date | 09/29/23 |
| Guidelines | Property Viewing and Inspection: View the list of properties at www.pagibigfund.gov.ph/aa/aa.aspx. Inspect properties before submitting offers. Properties are sold "AS IS, WHERE IS," including their occupancy status. Pricing and Offers: Offered price must meet or exceed the minimum gross selling price set by Pag-IBIG Fund. Examples provided for clarity on pricing. Modes of Sale: Group Sale: For buyers employed by the same employer or members of associations/cooperatives. Employer must be accredited and have a Collection Servicing Agreement (CSA) with Pag-IBIG. Offers must be batched and submitted by an authorized group representative. Minimum aggregate gross selling price: P10 million. Discounts range from 40% to 45% based on the total gross selling price. Bulk Sale: For buyers interested in multiple properties with an aggregate price of at least P10 million. Submit individual or juridical entity offers, including a list of desired properties. Discounts similar to Group Sale. Retail Sale: Open to any buyer for individual properties. Discounts vary based on payment mode: cash (30%), short-term installment (20%), long-term installment (10%). Submission and Registration: Submit sealed offers from May 27 to May 31, 2024, at designated Pag-IBIG Fund offices in Cebu. Register at the frontline counter before submitting offers. An authorization letter is required if a representative submits the offer. Winner Determination: Highest offered price wins. Ties are resolved by coin toss or draw lots. Results posted on Pag-IBIG's website the week following the determination date. Payment Terms: Winners pay a non-refundable reservation fee of P1,000 (except Bulk Sale) within five working days. Downpayment of at least 5% required for cash or short-term installment payments. Long-term installment plans have additional requirements and potential forfeiture clauses for non-compliance. Contact Information: For inquiries, contact the Acquired Assets Management and Disposition Unit via provided telephone numbers or email. These guidelines outline the process and requirements for participating in the negotiated sale of Pag-IBIG Fund properties, including inspection, offer submission, modes of sale, and payment terms. |
| Required monthly income | ₱12346.01 |
| Date added | May 19, 2024 |