Month 1 – Day 1 to Day 30: Submission of Requirements (Please refer to financing requirements)
Month 2 – Day 5th or 20th: Ist Monthly Equity or Down payment
Month 3 to 16 – 2nd to 12th or 2nd to 15th: Monthly Equity or Down payment
Month 17 to 20 – Last Monthly Equity / Down Payment and House Turn-Over
How much for Reservation?
Reservation is from P20,000 to P30,000 depending on the house model. It is non-refundable but will make as part of your downpayment. It can be transferred to another unit or person provided it is from the same agent and developer. A transfer fee of Three Thousand Pesos (P3,000.00) will be charged to the buyer. 1 to 2 weeks approval.
When will my Monthly Equity or down payment start?
First monthly equity or downpayment will start either on the 5th or the 20th hit date of the following month upon reservation.
Example: Reserved a unit on Jan. 1. First monthly equity or down payment will start on Feb. 5. Succeeding payments deadline will be on every 5th of the month.
How about Amortization?
First monthly amortization will start a month after finishing payments of monthly equity or downpayment. It will not coincide with downpayment. (Hindi po magsasabay) Amount and duration will depend on the loan and term applied for.
How do we go about the turn over of the unit?
Buyer will receive a Clearance for Inspection (CFI) from the developer (Pro Friends) stating that the house is ready for inspection. Buyer will be given 2 months to inspect and make repair request for the house. Buyer will issue a letter of acceptance when everything is well.
Is there a Buyer's Guarantee?
Yes, there is. Aside from 2 months to make repair request for the house upon completion, buyer will also be given one whole rainy season to inspect the house. If found to have a leak, developer will make repair FREE of charge.
How about House Improvement?
House improvement will only be allowed upon turn-over of the unit. Buyer will submit drawings/proposal to Engineering office of the developer for approval of alterations. This is to ensure structural integrity.
What is the time intended Ready for Occupancy?
Buyer is required to make full down payment and take-out of bank loan to transfer. Estimated time to move-in is 1 to 4 months.
Can I avail Discounts?
Discounts if Paid by Cash
1. DISCOUNT ON FULL PAYMENT OF DOWNPAYMENT
Note: Provided the house is less than 40% constructed and more than 6 months to Turn-over. (Bank | In-House Financing Only)
- 1-30 days from Reservation – Less 7.5%
- 31-60 days from Reservation – Less 7.0%
- 61-90 days from Reservation – Less 6.5%
- 91-120 days from Reservation – Less 6.0%
- 121-150 days from Reservation – Less 5.5%
- 151-180 days from Reservation – Less 5.0%
2. DISCOUNT ON FULL PAYMENT OF TOTAL CONTRACT PRICE
- 1-7 days from Reservation – Less 10.0%
- 8-30 days from Reservation – Less 9.5%
- 31-60 days from Reservation – Less 9.0%
- 61-90 days from Reservation – Less 8.5%
- 91-120 days from Reservation – Less 8.0%
- 121-150 days from Reservation – Less 7.5%
- 151-180 days from Reservation – Less 7.0%
- 181-210 days from Reservation – Less 6.5%
- 211-240 days from Reservation – Less 6.0%
- 241-270 days from Reservation – Less 5.5%
- 271-300 days from Reservation – Less 5.0%
- 301-330 days from Reservation – Less 4.5%
- 331-360 days from Reservation – Less 4.0%
3. DEFFERED CASH PAYMENT
24 Months ZERO (0%) interest – Pay in 24 monthly equal installment without Interest.
For more info please contact-us
