Pag-IBIG Foreclosed CONDOMINIUM at T -38, RAJAH TOWNHOMES CONDOMINIUM, JAGOBIAO, MANDAUE CITY, CEBU (Floor Area: 48.00 sqm) – For Negotiated Sale on July 4-8, 2022

This property is included in: Cebu Batch # 64019 of Pag-IBIG foreclosed properties for Negotiated Sale.

ACCEPTANCE OF BIDS/OFFERS WILL BE ON: July 4-8, 2022. More details below.

Reminder: For inquiries, more property details/clarification, please contact Pag-IBIG contact person(s) DIRECTLY!

Contact info:

“Interested parties may visit the ACQUIRED ASSETS MANAGEMENT AND DISPOSITION UNIT and contact MR. ANGELO E. HERMOSISIMA, MS JERRA MAE D. PACINIO, MS. KAYE ANTONETTE A. DIANO OR MS. MERALIZA RUBIA at tel. nos. (032) 412-2110 / (032) 260-1800. You may also email your inquiries for further details at cebulmrd.lrrd2@pagibigfund.gov.ph”

Property details

• • Property Source: Pag-IBIG FUND (HDMF)
  • Property Number/ID: 806718111200107 (Item # 17. for this batch/tranche)
  • Property Location (address): T -38, RAJAH TOWNHOMES CONDOMINIUM, JAGOBIAO, MANDAUE CITY, CEBU
  • Type: CONDOMINIUM
  • TCT/CCT Number: C-53
  • Lot Area (sqm): 0.00
  • Floor Area (sqm): 48.00
  • MINIMUM GROSS SELLING PRICE: PHP 882,000.00
  • Appraisal Date: 12/Apr/2021
  • *REQUIRED GROSS MONTHLY INCOME FOR BUYERS WHO WILL CHOOSE LONG TERM INSTALLMENT AS MODE OF PAYMENT (Amount is based on minimum gross selling price, required GMI may change depending on actual Offerred Price): PHP PhP 15,721.52
  • Remarks: Unoccupied – For consolidation – REM (Under BIR abatement)

NOTE: TCT UNDER DEVELOPER OR UNDER ABATEMENT* MAY TAKE SEVERAL YEARS (MORE OR LESS 5 YEARS) FOR TCT TO BE CONSOLIDATED IN THE NAME OF THE FUND

*The BIR has an “Abatement Program” where the taxpayer can apply for the reduction or cancellation of taxes, penalties, and/or interest. This process can take a long time and will affect the consolidation of the title.

Negotiated Sale Info, Guidelines and Step-By-Step Procedure

• Publication Batch/Tranche: Cebu Batch # 64019
• Period of Acceptance of bids/offers: July 4-8, 2022
• Opening of bids/offers: July 12, 2022
• Where to register and submit bids/offers (dropbox locations):

• 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City

> General guidelines w/ step-by-step instructions for Cebu Batch # 64019 – CLICK TO VIEW

Reminders:

“Interested parties are encouraged to visit Pag-IBIG’s website, https://pagibigfund.gov.ph/acquiredassets.html 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/negotiated sale.

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.”

How to Buy Pag-IBIG Acquired Assets for Negotiated Sale

To explain the details, I uploaded a step-by-step video tutorial in youtube, see below to watch:

Step-by-step tutorial video

Click to watch video ==> How to buy/avail Pag-IBIG acquired assets/foreclosed properties under negotiated sale (2021 Step-by-step tutorial)

Contact Info

Please direct all inquiries to the designated contact persons from Pag-IBIG:

“Interested parties may visit the ACQUIRED ASSETS MANAGEMENT AND DISPOSITION UNIT and contact MR. ANGELO E. HERMOSISIMA, MS JERRA MAE D. PACINIO, MS. KAYE ANTONETTE A. DIANO OR MS. MERALIZA RUBIA at tel. nos. (032) 412-2110 / (032) 260-1800. You may also email your inquiries for further details at cebulmrd.lrrd2@pagibigfund.gov.ph”

View more Pag-IBIG foreclosed properties and FAQ’s

To view our updated compilation of Pag-IBIG foreclosed properties for sale, plus answers to frequently asked questions, visit the following page:

==> Pag-IBIG foreclosed properties for sale, schedules, and FAQ’s

Disclaimer and Reminders

• All foreclosed properties are for sale on an “AS IS, WHERE IS” basis. Interested parties are reminded to conduct proper due diligence prior to the purchase of any foreclosed property.
• Availability, prices, and property status are subject to change without prior notice.
• Misprints should not be construed as misrepresentation of the property.

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Last updated on: 2022-June-28 with file cebu_negosale_batch_64019_061722_compressed.pdf

Source: Pag-IBIG Website (As retrieved for the JULY-2022 schedules/listings)