PDIC Foreclosed Property (Residential - Vacant Lot) @ Lot B-2-A J.T Fuentebella National Highway, Brgy. Old Moriones, Ocampo, Camarines Sur | AcquiredAssets.Info


Note: This property is posted 4 months ago. We cannot assure that this property is still available.
Date Published: October 31, 2023
Type Residential - Vacant Lot
Property Number 10469000000069
TCT Number TCT No.: 20656
Location Lot B-2-A J.T Fuentebella National Highway, Brgy. Old Moriones, Ocampo, Camarines Sur
Province Camarines Sur
City Ocampo
Lot Area 1000.00
Floor Area 1000.00
Minimum Bid ₱2,700,000
Remarks 1, 13, 17
Legal Concern Available for Sale

Guidelines

# For Enquiry, Please Use the Contact Form HERE

# Reminders: Prices are subject to change and properties may be withdrawn from the list at any given time without prior notice. PDIC reserves the right to reject any or all offers and to accept the offer as may be considered most advantageous to PDIC/closed banks. The decision of the PDIC shall be final and binding. Misprints and other errors may occur. These are unintended and are not considered acts of misrepresentations or non-disclosure.

# Details of Remarks
1 - Title and/or TD registered in the name of the former owner/mortgagor/borrower
2 - Title transferred in the name of the bank/PDIC but TD declared in the name of the former owner/mortgagor/borrower
4 - Covered with TD only declared in the name of the bank/PDIC
5 - Covered with TD only declared in the name of the former owner/mortgagor/borrower
6 - TD for improvement declared in the name of the former owner/mortgagor/borrower
7 - Improvement without tax declaration
8 - Title missing -- reconstitution for buyer's account
9 - RD's copy of title missing -- reconstitution for buyer's account
10 - With annotation of encumbrance
11 - With notice of lis pendens or subject of a case
12 - With cancellation of mortgage but not annotated in the title, cancellation of REM for buyer's account
13 - With unpaid taxes and/or dues
14 - With informal dwellers
15 - With existing contract of lease
16 - Reportedly subject of encroachment
17 - Relocation survey is recommended
18-No right-of-way
19 - With Right-of-Way or With claim for Right-of-Way
20 - Used as Right-of-Way or With annotation of right-of-way
21 - With water easement
22 - Property traversed by road
23 - Inconsistencies in data found between the title and TD --- correction for buyer´s account
24 - Inconsistencies in data found between the title and subdivision plan --- correction for buyer? account
25 - Only a portion of area indicated in the title/TD for sale
27 - With subdivision restrictions and/or subject to special conditions
28 - COS stamped registered by RD but not annotated in the Tax Declaration
29 - With notarized Deed of Sale/Dacion en Pago/Deed of Assignment but not annotated in the title
31 - Properties to be sold as a whole
32 - The property is prone to flooding
33 - The property is prone to landslide/erosion
34 - The property is located within a partially developed subdivision
35 - The property is located within an undeveloped subdivision
36 - Properties consist of more than one lot covered by one (1) title
37 - Road Lot
41 - Inconsistencies in data found between the old title and e-title, correction for buyer´s account
42 - Total land area on the technical description is different from the total area appearing on the face of the title; correction for buyer’s account
43 - Technical descriptions appearing on the title do not form a closed polygon when plotted
44- Property subject of court case/s annotated or not annotated on title.
45- Title Registered in the name of the bank but still undeclared
47 - COS Annotated on the owner´s duplicate original copy of title, but not annotated on the copy on file with Registry of Deeds; registration for buyer´s account
48 - With annotation of Affidavit of loss, but Title in the custody of PDIC
b2 - Agricultural properties with area of more than 5 hectares but less than 10 hectares - at least two (2) bidders must jointly submit a bid
b3 - Agricultural properties with area of more than 10 hectares but less than 15 hectares - at least 3 bidders must submit a bid together
b4 - Agricultural properties with area of more than 15 hectares but less than 20 hectares - at least 4 bidders must submit a bid together
b5 - At least 5 bidders must jointly submit a bid
B8 - Agricultural properties with area of more than 35 hectares but less that 40 hectares - at least (8) bidders must jointly submit a bid
c - Lot does not conform with the tax map provided by the Assessor´s Office
f - Lot appears to be improved with common area g - An alley/road lot per approved subdivision plan but classified as residential lot per TD
h - The technical description of points 3 to 4 which states "due west" should be "due west" to plot a closed polygon
i - There is no lot area indicated on the technical description. Thus, lot area used was based on the lot area derived from the electronic plotting which is approximately 113 sq.m & lot area per TD
k -Typograpical error on the lot number indicated on the face of the title, correction for buyer´s account
m - MDP is exclusive of 12% Value added-tax (VAT). The property may be subject to VAT, payment for the account of the buyer.
x - Orientation and boundaries as plotted based on title and the subdivision plan do not coincide with one another



# Useful Forms
Negotiated Sale Forms (For Sales)
1. Offer to Buy (OTB)
2. Buyer Information Sheet (BIS)
3. Acceptable Government - Issued IDs



Note: All the above information may change without notice, please contact the bank representative before making any decisions.

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Type
Residential - Vacant Lot (155)
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Agricultural - Vacant Lot (3)
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Residential Lot with Improvement (1)

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