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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 50
If you will notice, most of the units that are under BIDDING have “UNOCCUPIED” status and the
availability/options are extremely high in number compared to those units posted in the “PROPERTIES
UNDER NEGOTIATED SALE” list in the website.

This I tell you, because BIDDING for a unit requires substantial amount of cash (see Bidding guide),
there is a GREAT chance that most of the units in the Bidding list will not be BIDDED (because of the amount
needed to enter bidding) and you have a good chance to score them once they got moved to “Negotiated
Sale” listing in the website.

With this, what you only need to do next is to KNOW, WAIT or ASSUME for that specific date when
these “Unbidded” units from 2nd bidding will be posted in the “negotiated sale” list and that SPECIFIC
DATE/S that is what we call “THE BIGDATES” here in the group.

For the example shown, let’s say that the 2nd Bidding happened January 28, then we can assume that
these UNBIDDED units from the 2nd bidding list will soon be available and will be moved to the
“PROPERTIES UNDER NEGOTIATED SALE” “any day” from JANUARY 29 onwards.

Indeed, before that day comes, you should have already INSPECTED all the units available
and you are expected to have come up with a set of SOLID target units on your hand so when the BIG DATE
comes, you already know the units that you will be reserving based from the INSPECTIONS you did earlier
when you did the visitation process.

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 51

OBSERVE & ATTACK Strategy (OAS)

[Photo credit: freepngimg.com]

Want to see an overview of this strategy?

Think of it this way. For the example given above, we can 100% predict that the “new” batch of units
that are listed in 2nd Bidding will be posted to NEGOTIATED SALE “anyday” after the scheduled 2nd bidding
on January 28 so what we can do is START visiting and INSPECTING the units months OR WEEKS prior so
when the BIG DATE has come, we’re already done with our assignments and all that is left for us is to pick
the BEST amongst the BEST during reservation while the “normal” PUBLIC will rely only to what will be
posted on the NEGOTIATED LIST.

Yes, while PEOPLE are randomly and endlessly waiting for website updates everyday, out of nowhere,
YOU in the comforts of your home already have the list of the BEST units 1-2 months ahead of time!

Not to mention, you also have chance to free your schedules and plan ahead as you already know
the ESTIMATED dates (BIGDATES) of when your targeted units will be posted on the NEGOTIATED SALE
page where all you have to do is WAIT and OBSERVE the website from January 29 onwards and launch for
an ATTACK by heading towards the PAGIBIG OFFICE in Shaw immediately once the NEGO updates are in
that includes your choice units!

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 52

YOUR “simplified” STEP BY STEP GUIDE TO SECURE
THAT HOME USING O.A.S.

1. CLICK the dates of upcoming 1ST and/or 2nd bidding schedules for your preferred location (eg.
CAVITE, NCR, BATANGAS, RIZAL, LAGUNA) that are found in “Schedule of Public Auctions (with/no
discount)” portion of the PAGIBIG ACQUIRED ASSETS website
(Visit PAGIBIG ACQUIRED ASSETS>Home):

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 53

2. Check and review the list of available units from that list (in PDF) and create your own TARGET UNITS
LIST for inspection (as many as possible) out of this set of properties based from your house/location/price
preference.

3. Once you have your TARGET UNITS for inspection from this list of “for 2nd Bidding/for 1st Bidding”
properties, VISIT and INSPECT as many properties as possible for you to have good/variety of options
(backread/follow: House Inspection 101).

4. After you have inspected your TARGET LIST and have already came up with the your most preferred
units based from the outcome of the inspection, set your mindset and fix your schedules that you should
be MONITORING the PAGIBIG ACQUIRED ASSETS website> UNDER NEGOTIATED SALE 24/7 after the
scheduled 2ND bidding date (January 28 in the example) for the Reservation. (read: The Process)

5. Once PAGIBIG A.A. updated the NEGOTIATED SALE list that now includes your choice of units, ensure
TO BE THERE at the OFFICE ASAP! Again, not the next day, but ASAP! Take note that units get
RESERVED right after they are posted so every MINUTE counts once they are moved to the
NEGOTIATED SALE list.

REMEMBER: Once the updated list from the second bidding is uploaded in the UNDER NEGOTIATED
SALE list (hopefully including your targets units), the GOAL is to be on your way to the OFFICE ASAP for
you to get the best chances of RESERVING the units you like as it is on a first-come first served basis.
Once you get there, PAGIBIG Officers can now process your reservation for the unit/s you wish to buy and
the next thing you’ll know is that you are now inches closer to becoming a future HOMEOWNER as you
will then be holding a CONFIRMATION OF SALE document stating that the unit is now reserved under
your name for just 1000php FEE!

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 54

NOTICE

If in case PAGIBIG failed to update the NEGOTIATED SALE list a week or two after the 2ND bidding, (which would assumingly
include the batch that you are expecting) expect that they will UPDATE that list anytime sooner, so be more VIGILANT in

monitoring the website> NEGOTIATED SALE LIST. Remember that a member can ONLY reserve a unit once it has been posted in
the NEGOTIATED SALE list so once it is listed there, you have to do your best to BE there asap so you can get the BEST chances of
reserving your top choice unit. If in case, somebody has already reserved the unit ahead of you, just browse your own TARGET LIST
and pick “other” good units that you have already inspected during your home visitations. That’s the importance why you should

INSPECT as many units as possible so you would come up with MORE options to choose from in scenarios mentioned.

AUTHOR’S NOTE:

By following the Master’s EXCLUSIVE strategies, you will have the advantage of knowing and PREDICTING what are the units that
will be posted in NEGOTIATED SALE days/weeks even months ahead of time, thus, giving you the CHANCE to INSPECT and SEE

these units prior to their release. Having the opportunity to know and inspect these units “even before” the properties will be
posted—PLUS knowing the ASSUMED BIGDATES to when PAGIBIG shall make these postings— makes your CHANCES in getting
your TOP CHOICE unit/s extremely HIGH compared to the ordinary masses who only follow PAGIBIG’S FOUR (4) BASIC steps in
their website. In addition, the ideas, tips, techniques and strategies you gained in reading this ebook will definitely help you SAVE

thousands of cash, time, effort and pains that makes THE MASTER’S EBOOK weighs more valuable than what it’s worth.
Because you availed the MASTER’S EBOOK and now an official part of our “family”, you will also be ADDED to our EXCLUSIVE

GROUP CHAT (GC) where you can interact with other READERS like you to help one another in getting those houses.
With the KNOWLEDGE and SKILLS you’ve learned, you can now start DOING the INSPECTIONS asap using the all the guidelines
you have read here to BEGIN your JOURNEY and become the NEXT home owner like MANY of us here who have already availed

our own homes after READING and FOLLOWING the Master’s EBook!
(GC ALERT!!! Please PM us once you have reached this part so I can add you to our EXCLUSIVE GROUP CHAT!)

MAY GOD BLESS and GUIDE YOU ON YOUR JOURNEY OF GETTING THAT DREAM HOME!

~END~

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 55

DO YOU HAVE ANY QUESTION? NEED FURTHER ASSISTANCE?

“Call” my personal number anytime between 6-10pm (after office hours)
0935-114-2045

Send me an Email 24/7!

[email protected]

Or contact PAGIBIG ACQUIRED ASSET directly @
654-6556/654-1398

Check my very own PAGIBIG ACQUIRED ASSETS home in Green Estate, Imus Cavite:

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 56

FREEBIE ALERT!! FREEBIE ALERT!!

Do you have EXTRA CASH and you feel availing thru
NEGOTIATED SALE is not fit for you?

ENJOY THIS ADD-ON FEATURE AND LEARN A MUCH “better”
WAY OF GETTING A UNIT via Bidding!

(Note: This is not an official part of the MASTER’S EBOOK)

“The Master’s
Simplified

BIDDING Guide”

PHOTOCREDIT: WWW.BOSTONGLOBE.COM

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What is a BIDDING?

Bidding is an act of offering to pay a particular amount of money for
something, attended by different people. This is often referred to as “auction”
where people place their particular bids for a specific/particular
item/product/services in goal to have the highest bid offer to become the winner.

What are the TWO (2) types of BIDDING?

Open Bidding

This particular type of bidding is the most common one where bidders will
place their bids/offers in real time once the item has been up. Normally, you
can change/increase/top-up your bid offer anytime in this type of bidding
until you are named the winning bidder if you have the highest placed offer.

Note: This is the usual type of bidding you often see in movies/tv where people
raise their hands/wave a flag/voice out their BID OFFERS one after another
until the highest bidder emerges.

Closed/Sealed Bidding

Unlike the previous where you can change/improve your BID OFFER anytime
you want just to win, a closed or sealed bidding is won 50% MONEY and 50%
STRATEGY. Here, you will place your bid offer in a sealed container/envelope
that absolutely NO ONE will know how much bid offer you placed inside.
There will be a deadline on up to when they will accept sealed bid offers.
These sealed envelopes with your name and other personal details will be
opened all at the same time, and once the opening of bids is on, ANY
CHANGES within the bid details will not be allowed and those who have
offered the biggest amount after all the envelopes are opened will be
declared as winning BIDDERS. This type of bidding is what PAGIBIG follows.

Note: Because you will never know how much is the “price-to-beat” and also

who your competitors are, the BIDDER must be strictly careful and strategic

before placing his/her sealed offers. [Photo credit: www.mkrtechsoft.com]

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 58

Why joining PUBLIC BIDDINGS is a WISER choice?

-If you have the “money” to join biddings, it is a no-brainer that it is the best
avenue to get a particular unit you want. AS YOU WOULD REMEMBER in our
previous discussions, all PAGIBIG ACQUIRED ASSET units will undergo two (2) sets
of biddings (first and second) before they will be placed in bargain/public via the
Negotiated Sale should both biddings failed (back read). Indeed, if you can GET
the units “earlier” via the bidding is 100% better than wait for it to go live in public
domain where the masses awaits them (Negotiated Sale: 1000php to reserve).

ADVANTAGES IN PARTICIPATING IN BIDDINGS

 Lesser number of competition compared to Negotiated Sale
 Only those who have the “capacity/money” to bid can join
 With schedules/ NO need to monitor website day & night (Nego)
 No need to be in a rush in going to PAGIBIG site (Nego)
 No rigorous falling in line compared to NEGOTIATED SALE
 Less stress
 More EXCITEMENT, MORE fun
 Instant DOWNPAYMENT (10% minimum bid offer)
 Results are out within the day if you WIN or LOSE

DISADVANTAGES IN PARTICIPATING IN BIDDINGS

 You need CASH-ON-HAND
 You should have cash equivalent to 10% of the TCP of the unit (minimum)
 Exciting but a little disappointing experience if you lose
 Long waiting time for the distribution of failed bid offers back to bidders

[Photocredit: www.carolegood.com]

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 59

READ: PAGIBIG BIDDING GUIDELINES (FULL)
(source: www.pagibig.gov.ph)

GENERAL GUIDELINES

1. Interested parties are required to secure copies of: (a) INSTRUCTION TO BIDDERS (HQP-AAF-104) and (b)
OFFER TO BID (HQP-AAF-103) from the Technical Working Group (TWG) on the venue or may download
the forms at www.pagibigfund.gov.ph (link Disposition of Acquired Assets for Public Auction).

2. Properties shall be sold on an “AS IS, WHERE IS” basis.

3. All interested buyers are encouraged to inspect the property/ies before tendering their offer/s. The list of the
properties may be viewed at www.pagibigfund.gov.ph/aa/aa.aspx (Other properties for sale-Disposition of
Acquired Assets for Public Auction).

4. Bidders are also encouraged to visit our website, www.pagibigfund.gov.ph/aa/aa.aspx five (5) days prior
the actual auction date, to check whether there are any erratum posted on the list of properties posted
under the sealed public auction.

5. Bidders are advised to approach the Technical Working Group (TWG) for registration of their attendance
on the system during the auction. Only bid offers from registered bidders shall be accepted.

6. Sealed proposals shall be received by the Committee on Disposition of Acquired Assets’ Secretariat at the
designated venue, starting 9:00 AM but not later than 12:00 NN or upon declaration of the closing of bid
acceptance by the Committee on the scheduled date; the said proposals shall be opened immediately in the
presence of the committee and attending bidders. Bidders are advised to submit their proposals only on the
scheduled date of batch. No proposals shall be accepted by the committee earlier or later than the scheduled
date.

7. The Bid Offer shall not be lower than the minimum bid set by the Fund

8. Each bid proposal shall be accompanied by a BIDDER’S BOND either in CASH or MANAGER’S CHECK
issued by any commercial bank, in Philippine Currency, payable to Pag-IBIG Fund for an amount equivalent
to 10% of the BID PRICE. It shall likewise serve as the down payment of the winning bidder.

9. The bidder shall state in words and in figures the amount of his bid and his mode of payment, and shall
submit a bidder's bond in the amount equivalent to at least ten percent (10%) of his bid. The bond shall be in
Philippine Currency and may be in the form of cash or manager's check payable to the Fund and issued by
any commercial or universal bank.

10. In the absence of a chosen mode of payment, the default mode of payment shall be long-term
installment. Likewise, change on the winning bidder’s mode of payment shall not be allowed.

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11. For Bidders, whose bid bond is in the form of a MANAGER’S CHECK, are advised to adhere to the current
Bangko Sentral ng Pilipinas’ (BSP) memorandum relative to the proper handling of checks: Do not staple,
crumple, fold, bind or pin checks.

12. Payment of the remaining ninety percent (90%) 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) calendar
days from date of receipt of Notice of Award (NOA).

b. Short-Term Installment 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 subject to an
interest based on the Full Risk-Based Pricing Framework for three-year fixing period.

c. Long Term Installment – payment shall be in the form of monthly amortization based on the
approved term, which may be up to a maximum of thirty (30) years with the following considerations:

1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 383 Guidelines
on sale of Pag-IBIG FUND Real and Other Properties Acquired;
2. The amount shall be the bidder’s bid offer, net of the 10% downpayment;
3. In case the application has been disapproved, the 10% bidder’s bond shall be forfeited in favor of the Fund.

4.The buyer shall be required to file his Long term installment application and pay the following incidental
expenses within thirty (30) calendar days from auction date:

a. Processing fee of Three Thousand Pesos (the P1,000.00 shall be paid on the auction day while the
remaining P2,000.00 shall be paid upon submission of complete requirements);

b. Equity, if applicable;
c. One year advance insurance premiums (sales redemption insurance as well as fire and allied peril
insurance);

5. In case the Bid Offer, net of the ten percent (10%) bid bond and additional discount, is still higher than the
appraisal value of the property, the amount in excess of the appraisal value shall be treated as equity. It
shall be paid by the buyer within thirty (30) calendar days from auction date.

6. Original Borrowers who wish to participate on the Sealed Public Auction shall not be allowed to bid thru
long term installment availment. They may only bid thru cash or short term installment basis.

13. Discounts are not applicable during First Sealed Public Auction.

14. The Bidders shall be present at the opening of bids. Bidders may designate their Authorized
Representatives, provided they shall issue the following documents:

a. Notarized Special Power of Attorney (SPA) for individual-bidder (limited to the following: Spouse,
Parents, Parents-in-law, Son or Daughter and Brother or Sister). The SPA for bidding may be downloaded at
www.pagibigfund.gov.ph/aa/aa.aspx (Other properties for sale-Disposition of Acquired Assets for Public
Auction). Also, if the bidder is based or is currently working abroad, SPA must be notarized at the Philippine
Consular Office.

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b. Secretary’s Certificate for company-bidder

15. The Opening of Bids shall commence from 12:01 PM or upon declaration by the Committee until
completion.

16. The bidder who offers the highest bid shall be declared as the winner.

17. In case there are identical offers constituting the highest bids, the tie shall be resolved by considering the
Mode of Payment. The priority in terms of mode of payment shall be as follows:

a. Cash;
b. Short-Term Installment;
c. Long-Term Installment.

If there is still a tie after considering the mode of payment, it shall be resolved immediately through toss coin.
However, in case there are more than two (2) highest bidders, the tie shall be resolved based on the time of
registration of bids.
18. The non-winning bidders’ respective bid bonds shall be returned to them immediately together with an
Acknowledgment Receipt once a winning bidder has been declared.

19. If the winning bidder fails or refuses to push through with the purchase of the property, or fails to pay in
full the remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose
his right as winning bidder and the 10% bidder’s bond shall be forfeited in favor of the Fund.

20. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original
winning bidder is cancelled. He shall be required to pay a down payment of 10% of the offer price within15
calendar days from notification and the remaining ninety percent (90%) of his bid price within the approved
payment period. In the event there are two (2) or more complying bidders, the same rule on resolving ties
shall be applied.

21. Interested parties may visit the ACQUIRED ASSET MANAGEMENT or contact MS. JODEE N.
MONTEALEGRE, MR. ALVIN E. TABUZO, MR. CONAN G. ACENAS, MS. KHEENEE O. ARNEJO, MR. JON
VERNARD A. MERANIO, MS. LESLIE ANNE B. LISING or MR. RON MICHAEL G. CALINA at tel. no. (02) 654-
9244. You may also email your inquiries for further details at [email protected]

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.

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LEARNING FROM THE MASTER: The Master’s Ebook (PAGIBIG ACQUIRED ASSETS Complete Guide) 62

Helpful Tips from the MASTER:

 Cheap units attract many Bidders and having a lot of competitors means
you’ll have a difficult time winning. Be wise in choosing what unit to bid.

 Units located within/near the Metro Manila attracts not just you but other
competitors s as well. Be cautious.

 If you believe your unit is really “worth fighting for”, give it a shot and place
the highest offer you can. Who knows, right?

 If you want a “SURE” take home win, find and bid a less attractive unit
instead (either location-wise, pricing, specs etc)

 Before placing your sealed BID in the container, have some time to seat
and observe the bidding grounds and LISTEN (create friendship if possible).
You might overhear/know someone talking about the same unit in your
list. If you will hear that a bidder will be placing a bid higher than you,
atleast you have the chance to upgrade your offer or yet find another unit
instead.

 Come on time, mind traffic and don’t forget your documentary
requirements. Be safe as you will bring an amount of money with you.

 Be sure to INSPECT as many units as possible to come up with the BEST
decision of what unit to bid.

 Know how to properly assess “bad competition”:
o Is it located in areas nearby Metro Manila?
o Is the unit too attractable?
o Will the unit attract many bidders as well?
o What are my chances?
o Can I be a solo-bidder on this unit? etc.

But most importantly, PRAY, seek favor, guidance, and wisdom from our Creator.

Again, May God bless your HOME-HUNTING journey, and
we wish you the ALL THE BEST and fun RESULTS!

~ The Master

All rights reserved © 2019

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