ABCDEFGHIJKLMNOPQRSTUVWXYZ
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OFFER TO PURCHASE
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(For Outside Buyers-Direct Sale)
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Date: ____________________
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Philippine Guarantee Corporation (PHILGUARANTEE) - Asset Sales and Disposition Department
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23rd Floor BPI-Philam Building
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#6811 Ayala Avenue, Makati City
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Gentlemen:
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This is to submit my/our offer to purchase on an "AS IS, WHERE IS" basis, the property of Philippine Guarantee Corporation
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(PHILGUARANTEE) described below :
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H & LLot Only
Condominium Unit
Others __________________
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Location
:
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Lot Area
:_________sqm.
Floor Area
:_________sqm.
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Selling Price
:Php
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Bid Price
:Php
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Terms of Payment
:A. CASH:
Payable within sixty (60) days from receipt of the Notice of Award
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B.
LOAN TAKE-OUT: A minimum down payment of 10% of the bid price is required
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[ ] Bank
[ ] HDMF [ ] GSIS [ ] SSS [ ] Others: ________________
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Downpayment:
Php __________________
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Balance for take-out (maximum of 6 months)*:
Php __________________
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*Subject to payment of monthly amortization while awaiting remittance of the take-out
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proceeds to PHILGUARANTEE computed under a 10-year term
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C.
INSTALLMENT UNDER THE PHILGUARANTEE's IN-HOUSE FINANCING: Applicable only to
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properties that have any or all of the following characteristics: (a) have illegal occupant/s,
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(b) titles still in the name of the previous owner and for transfer in the name of
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PHILGUARANTEE, and (c) titles with liens and encumbrances or with annotation of “lis pendens”.
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Downpayment (Minimum of 10% of the bid price):
Php __________________
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Balance:
Php __________________
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No. of Years to Pay (maximum of 5 years):
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PLEASE TURN OVER AND CONTINUE ON THE BACK
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Enclosed are my/our Information Sheet (Form No. 2) together with the documentary requirements and my/our payment
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for the corresponding bid security in the form of cash or manager's check:
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MDPBID SECURITYAMOUNT
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[ ]
Up to Php 3.0M
10% of the Bid Price_________________
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[ ]
Over Php 3.0M
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I am/We are fully aware that should my/our bid proposal be approved, the bid security shall form part of the downpayment;
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otherwise, if disapproved, the same shall be refunded to me/us. However, should I/we withdraw my/our bid proposal after
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receiving the PHILGUARANTEE's Notice of Approval, the bid security shall be forfeited accordingly.
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Very truly yours,
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_________________________ __________________________
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(Signature over Printed Name) (Signature of Spouse over
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Printed Name)
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THE CORPORATION RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS OR TO ACCEPT SUCH BIDS AS
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MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE CORPORATION.
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