copied from http://www.sulit.com.ph/index.php/view+classifieds/id/1704131/FLOOD+FREE+HOUSE+FOR+SALE+CAVITE+3+BDRM%2C+2T%26B%2C+DETACHED%2C+COLLEEN+MODEL+@+LANCASTER+VILLAGE%2C+ALAPAN%2C+IMUS+CAVITE+FOR+P13thou/mo.+ONLY+
Colleen House Model
Alapan, Imus Cavite
Single Attached House (Not attached to the next house)
60 sqm (645.5 sqft) Floor Area ; 80 sqm (860.67 sqft) Lot Area
Living, Dining, Kitchen, Laundry and Carport Area - Ground Floor
Master's Bedroom / Bedroom 2 / Kid's Room - 2nd Floor
Low Monthly Amortization of P12,645.76 thru Bank Financing - 15yrs.
A 7 meters Park at Your Own Backyard that can be use for Jogging, Barbecue, Playground, or just a place to hang-out.
Maximum Ventilation (Walang Kadikit)
Lancaster Villages feature a linear park at every backyard. It is specifically designed to make family and neighborly ties stronger and for residents to enjoy the traditional comforts of home - vast spaces, good ventilation, abundant natural light and safe playground.
Dimensions:
- Bedroom 1 (Kid's Room) - 5.95 sqm (64 sq.ft)
- Bedroom 2 - 7.95 sqm (85.5 sq.ft)
- Bedroom 3 (Master's Bedroom) - 8.60 sqm (92.5 sq.ft)
- Toilet 1 (Ground Floor) - 2.40 sqm (25.8 sq.ft)
- Toilet 2 (2nd Floor) - 2.30 sqm (24.7 sq.ft)
- Kitchen - 5.70 sqm (61.3 sq.ft)
- Living Room - 11.30 sqm (121.5 sq.ft)
- Dining Room - 8.60 sqm (92.5 sq.ft)
- Stair & Hallway - 8.80 sqm (94.7 sq.ft)
Computations:
Option 1: Bank Financing (Inner Lot)
Selling Price .................................... P1,300,000
20% Downpayment ......................... 260,000
Less: Reservation ............................ 20,000
Net Downpayment ........................... 240,000
Payable in 15mo. ............................ 16,000
Loanable Amount ............................ P1,040,000
Legal and Misc. Fees ..................... 104,000
Total Loanable Amt. ........................ P1,144,000
Monthly Amortization @10.5% Lock-In Interest (Bank Financing):
5yrs. ........................................... 24,589.02
10yrs. ......................................... 15,436.56
15yrs. ......................................... 12,645.76
NOTE:
• Fire and MRI insurance not included.
• Move-in on the 19th to 21st month or after paying downpayment
• Processing Fees includes Transfer of Title.
• Interest rate is 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 will depend on salary & age (loan maturity is 55 yrs.).
FREQUENTLY ASKED ANSWERS (BANK FINANCING)
1. Procedure:
Month 1 ; Day 1 Reservation
Day 7 to 21 Submission of Requirements (Please refer to Bank financing requirements)
Month 2 ; Day 5th or 20th Ist Monthly Equity or Downpayment
Month 3 to 13 or Month 3 to 19 2nd to 12th or 2nd to 18th Monthly Equity or Downpayment
Month 14 to 17 or Month 20 to 22 Ist Monthly Amortization and House Turn-Over
2. Reservation:
Reservation is from P10,000 to P20,000 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 P3,000.00 will be charged to the buyer. 1 to 2 weeks approval.
3. Monthly Equity or Downpayment:
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 downpayment will start on Feb. 5. Succeeding payments deadline will be on every 5th of the month.
4. Monthly 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 to bank. (15 years maximum for locals; 10 years for OFW)
5. House Turn-Over:
Buyer will receive a letter of Guaranty 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.
6. Buyer's Guarantee:
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.
7. 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.
8. Ready for Occupancy Units:
Buyer is required to make full downpayment and take-out of bank loan to transfer. Estimated time to move-in is 1 to 4 months.
Option 2: CASH PAYMENT SCHEME
(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,300,000.00 AND UP
Typical Selling Price ..................................... Php 1,300,000.00
Less: Reservation Fee ................................. Php 20,000.00
Selling Price Net of Reservation Fee .......... Php 1,280,000.00
10% Discount within 7 days
from the date of reservation ......................... Php 1,152,000.00
9.5% Discount within 8 to 30 days
from the date of reservation ......................... Php 1,158,400.00
9% Discount within 31 to 60 days
from the date of reservation ......................... Php 1,164,800.00
8.5% Discount within 61 to 90 days
from the date of reservation ......................... Php 1,171,200.00
Option 3: In-House Financing
Selling Price ........................................ P1,625,000
Down payment (20%) ......................... 260,000
Processing Fee (4.5%) ....................... 58,500
Total Down payment ........................... 318,500
Less: Reservation Fee ......................... 20,000
Net Downpayment ............................... 298,500
Payable in 15 months ........................ P19,900
Total Remaining Balance: Payable Through In-House Financing
80% Balance ......................................... P1,040,000
Amortization Including Insurance Fees
Years to Pay:
Ten (10) years @ 21% ...................... 20,792.89
Five (5) years @ 18% ....................... 26,409.16
NOTE:
• Fire & MRI insurance not included. Estimated at .0005% of loanable amount.
• Transfer of Title cost not included.
• Processing fees includes One year Advance Real Property Tax & Insurances,
Advance Homeowners Dues and Documentation/Notarial Fees.
• In-house processing will be processed by the Developer. Buyer just need to submit requirements
In House (Initial Requirements) 
1. Latest proof of income.
2. 3pcs. recent 1 x 1 I.D. pictures
3. Marriage Contract, Birth Certificate, or Separation papers (if needed)
4. Community Tax Cert. No.
5. Complete post dated check for Equity and Amortization
6. TIN
Additional Requirements for OFW
1. Initial requirements
2. Job Contract
3. Passport
4. Special Power of Attorney (SPA)
5. Valid I.D. of Attorney in Fact
6. 1 pc. I.D. picture of Attorney in Fact
7. Residence Certificate of Attorney in Fact
Self Employed
1. Initial Requirements
2. Affidavit of Income
3. Business Name and Permit
4. Passbook with 3 months maintaining balance
5. ITR
Stop Renting! Own your Dream Home.
CONTACT FOR FREE SITE VIEWING
| Name: Johnny Chua
Website: www.cavitehomes.com
E-mail: sales@cavitehomes.com Yahoo Messenger: asensotayo@yahoo.com Contact: (+63)917-8617588 ; (+63)923-9026965 |
copied from http://www.sulit.com.ph/index.php/view+classifieds/id/1704131/FLOOD+FREE+HOUSE+FOR+SALE+CAVITE+3+BDRM%2C+2T%26B%2C+DETACHED%2C+COLLEEN+MODEL+@+LANCASTER+VILLAGE%2C+ALAPAN%2C+IMUS+CAVITE+FOR+P13thou/mo.+ONLY+
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