Affordable yet Elegant Ready for Occupancy House "Pines Single Detached" boundary of Cavite and Laguna area near in Makati and Manila

Pines Single Dettached @ Amandala Village

House Details

• 3 Bedroom with room partition, with ceiling, painted finish na.
• Guest/office/study room at the ground floor
• 2 Toilet and Bath with tiles and ceramic fixtures
• With Laundry Area at the Back
• Tiled kitchen counter with stainless sink
• Price include Title Transfer cost.
• An access road direct to Sta. Rosa coming from the village
• Laguna Technopark will be a kilometer away.
• House Area: 60 square meters
• Typical Lot Area: 50 square meters
• Bank Financing to be processed by developer. Just submit required docs.
• Available also in In-house Financing
• 45 Minutes to Makati
• 15 Minutes to Alabang
• 5 Minutes to South Luzon Expressway
• Developed by a Leading Developer, 2006 Awardee:

House Finishes:

- Pre-Painted Long Span Roofing
- Painted Exterior & Interior Walls
- Water Closet
- Tiled Kitchen Counter
- Tiled Bathroom
- Steel Casement Windows
- Floor Cement Finish

FLOOR PLAN

Amenities:
- Village Club House and Multipurpose Area, Swimming Pool, Shuttle Service,
- 24 Security, Basketball Court and kids play ground
- Elegant Entrance Gate, Energized by Meralco, Centralized Water System

LAND MARK

Malls

- 3 Minutes drive to Walter mart Carmona, Cavite
- 15 Minutes drive to SM Dasmarinas, Cavite
- 10 Minutes drive to Alabang Town Center (ATC) and FIESTA MALL (Via SLEX)

Schools

- Perpetual College, (Binan), De La Salle Univ. (Laguna), STI College (Carmona), Colegio San Agustin.

Banks

- BPI, China Bank, Metro Bank, Allied Bank, BDO, Land Bank, etc.

Resorts/Restaurants

- Splash Island, Barrio Fiesta, (Carmona), Southwood Manor, (Golf & hotel restaurant), 30-45mins drive to TAGAYTAY

Just 30 minutes away from Makati CBD, Pines is situated in Carmona, Cavite (almost boundary of Laguna). Very close to access roads leading to schools country clubs, hostpitals and shopping centers.

SAMPLE COMPUTATION - BANK FINANCING
(Ready for Occupancy in 4-6 months - Pines-SA Model)

Computations:

Option 1: Through Bank Financing
Selling Price ...................................... Php 1,340,000.00
Downpayment ..................................  Php 268,000.00
Less: Reservation .............................. Php 20,000.00
Net Downpayment ............................. Php 248,000.00
Payable in 12mo................................. Php 20,666.67

Loanable Amount ............................... Php 1,072,000.00
Legal and Misc. Fees ...........................Php 107,200.00
Total Loanable Amt. ............................Php P1,179,200.00

Monthly Amortization @10.5% Interest (Bank Financing):
5yrs. ............................................. Php 25,345.61
10yrs............................................. Php 15,911.53
15yrs............................................. Php 13,034.86

NOTE:
• Fire and MRI insurance not included.
• Move-in on the 13th to 15th month or after paying downpayment
• Processing Fees includes Transfer of Title.
• Interest rate is for reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms for OFW is 10 yrs while locally employed has up to 15 yrs.
• Developer will process loan. Tied up with Metrobank and UCPB.
• Bank maximum approved amount and term will depend on salary & age (loan maturity is 55 yrs.).

SAMPLE COMPUTATION – IN-HOUSE
(Ready for Occupancy in 4-6 months - Pines-SA Model)

Block 08
Lot No. 16
Lot Area: 80 sqmeter
Floor Area: 60 sqmeter

Total Contract Prize.................................... Php 1,412,840.00
Downpayment...........................................          331,240.00
Less: Reservation.......................................           20,000.00
Net Downpayment payable in 4 mos...........           311,240.00
Monthly Downpayment for 4 mos.................        77,810.00

Total Balance Loanable to IN-HOUSE................... 1,080,600.00

Monthly INHOUSE Amortization:

5 yrs..........................................................................       25,214.55

10yrs........................................................................ 22,170.55

MRI and Fire Insurance are included.

NOTE

• IN-HOUSE financing has maximum of 10 yrs. term only.
• Processing fee in Inhouse/Pag-ibig Financing does not include Transfer of Title.
• Buyer will pay for it and estimated cost to transfer a title is Php43T up
• Processing fee covers one (I) yr advance Realty/Property Tax, One (1) yr. Advance HOA (Homeowners Association ) dues, MRI and Fire Insurance, documentation and other

FREQUENTLY ASKED QUESTIONS

1. Reservation - is Php10,000.00 for this house for sale. It is not refundable but is part of the downpayment. Buyer can transfer reservation or payments to another person or unit provided under same developer and same price or price is higher than old unit. All payments made will be duly credited in the new owner/choosen unit. Walang penalty or mawawala sa payment. Just pay Php3,000.00 as transfer fee. Approval may takes 2 weeks.

2. Monthly Downpayment - your first downpayment will start 30-40 days after you paid your reservation. Hindi po sabay ang pagbabayad ng reservation at first downpayment.

3. Monthly Amortization - the first monthly amortization will start after you have fully paid the downpayment. Hindi po magsasabay ang monthly downpayment at monthly amortization.

HOUSE BUYING SALES PROCEDURE FOR 12 MONTH DOWNPAYMENT:

Month 1 - DAY 1..........Reservation
Day 7-15.....Submission of Requirements
Month 2.....1st Monthly Equity or Downpayment
Month 3......2nd Monthly Equity or Downpayment
Month 4.....3rd - 12th Monthly Equity or Downpayment
Month 14- 17....1st Monthly Amortization and House Turnover

4. Kailan Puede Lumipat - For BANK Financing - 1-3 mos. after full payment of downpayment and Bank loan take-out (bank has paid the developer).
For IN-HOUSE Financing- 1-3 mos. after full payment of downpayment puede na lumipat. No need for loan take-out. If the 80% balance is thru Pag-ibig Financing, 1-3 mos. after full payment of downpayment/equity.
For SPOT CASH BUYERS/FULL PAYMENT of downpayment (OF NOT RFO UNITS), house completion/turnover will still abide by Developer's house completion schedule as shown in the Inventory Sheet.

5.Ready for Occupancy Houses - there are now ready for occupancy houses of Pines Single Attached House @ Amandala Village. Only in limited units. Full payment of downpayment is required before Buyer can transfer. Please take note that house turn-over has only cement finish flooring in all floors. Buyer will shoulder the cost of tiles intallation. Move-in/Transfer may take 1-6 mos.

6. House Improvement - Developer only accepts deletion of tiles in Bathroom & Kitchen countertop. Deletion charge is Php1,000.00. Letter of request must be sent before house construction starts. Approval of request takes 2 weeks. Buyers will be informed. Buyer must get outside contractor to do the improvement of their unit. Please take note that turn-over unit has cement finish flooring in all floors. Buyer will shoulder the cost of tiles intallation

 7. HOUSE CONSTRUCTION - Construction starts while Buyer is on downpayment period. By the time Buyer finish paying downpayent, house will be almost finish and ready for turn-over in 1-3 mos..

8. REQUIRED DOCUMENTS - BANK FINANCING

1.) 3 pcs. ID picture 1x1 (applicant)
2.) 2 Valid ID's (if married: husband & wife & Attorney-in-Fact)
3.) Cedula
4.) Birth Certificate (if single) or Marriage Contract ( if Married)
5.) Proof of Billing Address or Certification from Owner if Renting
6.) Payslip (6 months)
7.) Photocopy of Bank Book (last 6 months) - English Translated
8.) TIN
9.) Certificate of Employment with Compensation (Consularized)
10.) Latest Income Tax Return or ITR
11.) Postdated Checks

A.) 12 pcs. Downpayment or According to DP terms
B.) 1 PC. Guarantee Check

IF OFW, ADD THESE DOCUMENTS:

1.) Passport
2.) Special Power of Attorney duly Consularized in place of Work
3.) Job Contract duly Consularized in place of Work

9. REQUIRED DOCUMENTS - IN-HOUSE FINANCING

1.)Valid ID & TIN No.
2.) 3 pcs. ID picture 1x1 (husband & wife & Atty. in Fact)
3.) Residence Certificate (husband & wife Atty in Fact)
4.) Birth Certificate (for Single) or Marrriage Contract (for Married)
5.) Certificate of Employment
6.)Postdated checks:

A.) 12 pcs. as per Dp/Equity term choosen
B.) 36 pcs. for Monthly Amortization
C.) 1 pc. Guarantee Check
D.) 4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.
E.) TOTAL CHECKS .....53 CHECKS

IF OFW, ADD THESE DOCUMENTS:

1.) Passport
2.) Special Power of Attorney duly Consularized in place of Work
3.) Job Contract duly Consularized in place of Work

Email Address: reniza@modernlivingphils.com
Website: www.modernlivingphils.com
Yahoo Messenger : renlarraquel@yahoo.com