NEW HOUSE MODEL UNIT
CHESSA
Visit Chessa house model in Lancaster New City Cavite now and check our Promo of the Month. We have daily FREE tripping vehicle services to meet you and assist your house viewing.
Must Have Requirements When You Reserve CHESSA House Model:
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Valid ID (Photocopy)
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Reservation Fee – Cash, Debit Card, Credit Card or Check are accepted.
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Signed Buyer’s Information Sheet (BIS)
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Signed Reservation Agreement (RA)
DIMENSION
Second Floor
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Bedroom 2: 14.44 sqm
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Master’s Bedroom: 21.28 sqm
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Toilet: 4.69 sqm
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others: 6.77 sqm
Ground Floor
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Living Area/ Kitchen/ Dining: 25.87sqm
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Den/Guest Room – 7.68 sqm
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Toilet & Bath: 3.05 sqm
HOUSE FEATURES
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Single Attached Houses (not linked)
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Three (3) Bedrooms
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Three (3) Toilet and Baths
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Provision for one (1)-car Garage
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Living Area
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Dining Area
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Kitchen
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Balcony
HOUSE FINISHES
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Pre-painted GI Roofing
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Powder coated aluminum windows
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Exterior Wall : combination of painted sand blast, plain cement
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Interior Wall : painted plain cement finish
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Tiled kitchen counter with stainless kitchen sink
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Toilet and Bath with complete set of bathroom fixtures
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Tiled ceramic flooring on the ground floor, plain cement finish on the second and third floors
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Tiles on balcony
DRESSED UP MODEL OF CHESSA
MOVE IN MODEL OF CHESSA
Financing Options
Bank Financing
Bank financing is when you will loan the loanable amount (90% of TCP) thru accredited banks of Profriends.
In-house Financing
Inhouse Financing is when you will loan the loanable amount (80% of TCP) from the Developer.
Deferred Payment
Deferred Payment is when you pay the whole amount of Total Contract Price in 24 monthly installment without interest. There is no discount for this kind of payment and lesser requirements.
Financing terms
Bank Financing Terms
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NO HIDDEN CHARGES. Transfer of Title cost is already included in the total contract price. Monthly amortization amount is already inclusive of MRI & fire insurances. Meaning the property is insured throughout the duration of the loan.
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NO MOVE-IN FEES. NO BANK CHARGES.
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DEVELOPER ASSISTED BANK HOUSING LOAN.
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UTILITIES like Meralco installation & water connection are not part of the contract price. The buyer will be the one to apply for the Meralco meter base connection after move-in. Water connection is centralized and is processed at the engineering office within the project/site.
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NOT REFUNDABLE. Reservation, downpayment and amortizations are not refundable.
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8% INTEREST RATE. Interest rate will be based on prevailing bank rates.
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HOME IMPROVEMENT. Can be made until the house/unit is turned over to the buyer
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PAYSLIP (for OFW’s & locally employed)
In House Financing terms
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Valid ID (Photocopy)
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Reservation Fee – Cash,Debit Card,Credit Card or Check
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Signed Buyer’s Information Sheet (BIS)
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Signed Reservation Agreement (RA)
Note:
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If the Attorney in-fact of an OFW or Local buyer is not available, just send us a scan copy of valid ID with 3 specimen signature,BIS and RA.
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Authorization letter from the buyer authorizing somebody to reserve the unit.
SAMPLE COMPUTATION OF HOUSE MODEL CHESSA
BANK payment
IN-House Financing
deffered payment
Total Contract Price---------------> 5,749,275.00
Less: Reservation Fee------------> 40,000.00
Net Total Contract Price------> 5,709,275.00
Monthly Payment:--------------------> 237,886.46
Net TCP Divided by 24 Months Zero Interest
No Required Salary or Income
Price is subject to change without prior notice.
Downpayment (DP)20%
Downpayment Term9 Months
Estimated Move-in Time3-6
Total Contract Price (TCP)----------------------------> 5,749,275.00
Gross Required DP------------------------------------------> 1,149,855.00
Less: Reservation Fee-------------------------------------> 40,000.
Net Required DP----------------------------------------------> 1,109,855.00
Monthly DP---------------------------------------------------------> 123,317
Amortization/month ( to start after DP term )18% or 21% per year
5 yrs----------------------------------------------------------> 118,757
10 yrs------------------------------------------------------> 93,919
Downpayment (DP)12.5%12.5%
Downpayment Term9 Months15 Months
Estimated Move-in Time3-6 mos
Total Contract Price----------------------> 5,922,000
Gross Required DP-----------------------> 740,250.00
Less: Reservation Fee------------------> 40,000.00
Net Required DP---------------------------> 700,250.00
Monthly DP--------------------------------------> 77,805.56
Amortization/month ( to start after DP term )9% per year
5 yrs-------------------------->109,745.431
10 yrs----------------------> 67,821.05
15 yrs----------------------> 54,737.59
20 yrs---------------------->48,802.38
Required Salary/Income
5 yrs--------------------------> 365,818.10
10 yrs----------------------> 226,070.17
15 yrs----------------------> 182,458.63
20 yrs----------------------> 162,674.60
Spot Cash / Full Total Contract Price CHESSa Model
Within 7 Days from Reservation Day
Selling Price------------------> 5,505,555.55
Less: Reservation Fee-----------> 40,000.00
Net Selling Price------------------------> 5,465,555.55
Less: Discount 10%---------------------> 546,555.56
Net Selling Price after Discount---------------------------------> 4,919,000.00
Add: Misc Fee 4.5%-----------------------------> 247,750.00
Net Amount Payable--------------------------> 5,166,749.99
PLS NOTE:
Spot Cash / Full Total Contract Price of Ready For Occupancy Houses & Pre-Selling Houses are entitled to Discount.
Qualification of BUYER
Age – You must be 21 years old but not more than 50 yrs old.
Citizenship – You must be a Filipino citizen.
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You can buy even If you are now a citizen of other countries as long as you still use Philippine passport that is not expired.
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You can still buy even if you are now a citizen of another country and holding a foreign passport as long as you have DUAL citizenship.
Work – You must be presently working in the company for at least 2 years, or you have other sources of income that has proof or evidence.
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You are not working in war-torn countries.
Civil Status – You’re not separated to your legal husband/wife.
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You can still buy even if you’re separated as long as you have an annulment paper or if your husband/wife is willing to sign the loan documents.
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You can still buy even if you are divorced as long as you were not married in the Philippines and have divorce papers.
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If you were married in the Philippines and divorced in other countries, you must have a divorce and annulment papers.
Salary or Income – Your combine gross salary or income. You will need a co-maker or co-borrower if your salary is less.
Legal Issues – You must not have an ongoing criminal or legal case.
Unpaid Credit Card – You can still buy even if you have a credit card that was unpaid as long as you paid them and have Certificate of Full Payment or Clearance from the credit card company.
How to Buy? What is the Procedure in Buying Chessa House Model?
Guaranteed free of charge, there is no service fee if we assist you when you buy this house thru us. You can reserve at the Main Office, Imus Branch or at Site office. Here are the steps in buying:
Step 1 – Inquire
It’s free to ask/inquire thru text/call/chat about the house, payment, terms, requirements and the required income. We will be asking you about your monthly salary so that we’ll know if the bank required income is met or not. If it’s not sufficient, we’ll know how to help you.
Step 2 – Site Visit
As a sign of good faith as your Agent, we always suggest that you visit the actual location and check the house model to avoid future misunderstanding. We always provide FREE tripping vehicle services to fetch you at our designated meet-up location.
Step 3: Reservation Process
Once you decide, fill up Buyer’s Information Form and pay the reservation fee. Your payment guarantees the unit is yours for 30 – 45 days.
Step 4 – Down Payment Period
Pay your 1st down payment within 30 days after you reserve. Follow the monthly payment schedule given to you during reservation.
Step 5: Bank or Inhouse Amortization
After paying the full down payment, your loan will be process with the bank. Once your loan is approved, you’ll sign Bank documents, then your monthly amortization with the Bank will start after one month.
Step 6: Loan Process & Requirements
The developer will process your loan during down payment period. Therefore, it is important that all required documents are submitted within 60 days. There are no bank and hidden charges, no move-in fees. No Broker’s fee.
Step 7: House Inspection
After full down payment is paid and your loan is takeout by the bank, you will receive notification for the house inspection and schedule. We guarantee you of our assistance in your inspection period.
Step 8: House Turnover & Move-In
After inspection process, you can now accept the house and bring-in your things and belongings.
What are the Required Documents?
Housing loan requirements for Single or Married Locally Employed or OFW buyers:
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3pcs. 1×1 ID Picture
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Photocopy of 2 Valid ID’s
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Certificate of No Marriage (CENOMAR) (if Single)
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Certificate of Employment
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Birth Certificate (if Single)
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Marriage Contract (if Married)
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Tax Identification Number (TIN)
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Latest Proof of Billing
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3 Months Pay Slip
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Income Tax Return (ITR) – for locally employed only. Not required if OFW.
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Postdated Checks
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If OFW – Job Contract
Frequently Asked Questions About Chessa House Model
How much is the Interest Rate?
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Bank Financing interest rate is 7.75% per year (prevailing bank rates will apply upon loan take-out). Loan term is up to 15 yrs for OFW and 20 yrs. for locally employed. Loan term will depend on Buyer’s age, work position and capacity to pay.
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Inhouse Financing interest – 18% for 5 yrs term and 21% for 10 yrs term.
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In case Buyer’s loan application is not approved by the bank for whatever reason, In-house financing will automatically apply.
About Discounts
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There is discount if you pay full downpayment or the Total Contract Price.
What are Bank & In-house Processing Fees or Legal & Miscellaneous fees (LMF)?
Processing Fees (PF) or Legal & Miscellaneous fees (LMF) are payment for the ff:
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Title Transfer Cost (Bank Financing only)
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Real property taxes for one year (for Bank and Inhouse )
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Blue print of house plans (one set)
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Administrative expenses
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Homeowners association (HOA) dues for preventive maintenance
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Premiums for the first year coverage of mortgage redemption insurance (MRI) & fire insurance
How much is the Processing Fees / Miscellaneous Fees?
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For Bank Financing, it is 8% base on the Selling Price because Title Transfer Cost and bank charges are included.
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For In-house Financing, it’s only 4.5% base on the Selling Prices because Title transfer cost and bank charges are not included.
What are the Accredited Banks of Pro-friends?:
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Accredited banks are BDO, PNB, China Bank, Metrobank, Security Bank, UCPB, East West Bank and Security Bank.
What are Other Charges in Buying?
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There are no other charges. No bank Charges, NO hidden charges and NO move-in fees. Developer will process your loan with the Bank.
What is a Reservation Fee?
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Reservation fee guarantees you the units is yours. It is part of the down payment and is valid for 30 days.
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The following are Not Refundable by Profriends – Reservation fee, down payment and amortization.
What are Other Fees to Pay Separately
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Title Transfer – for In house financing only to be paid after full TCP payment.
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Real Property Tax and Insurances – to pay yearly after move-in.
Why are the Prices Different in other Websites?
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House and Lot price will NOT be the same, as it varies and depends on lot orientation.
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Prices of end unit, corner lot, along main road and near amenities, are higher than inner lot.
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Prices are subject to change without prior notice.
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So always verify with us all amounts in the computation if they are still available or not.
What Are Allowable Improvement of Chessa House Model?
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First, you must submit sketches of house improvement to Developer’s office for approval. You can improve your home like fencing, tiles installation, terrace and others after house is accepted
Amenities & Nearby Facilities of Lancaster New City Cavite
Soon to open inside Lancaster New City Cavite is Toyota Motors Dealership and MC depot. Newly opened inside Lancaster New City Cavite is the Mcdonald, Jollibee and Shopwise Mall. This year, Lancaster Square 2 opened with choices of restaurants and store.
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Amenities – Clubhouse, Swimming Pool, Church, School, Parks and Playground, Suntech iPark, Commercial and Business Center, Transport Hub, shuttle Service
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Schools – St. Edward Integrated School, Academy of St. John, Bucandala Elementary School (Public), St. Odillard School (Imus)
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Church – Church of the Holy Family, Seventh-Day Adventist Church, Iglesia ni Cristo, Lighthouse Baptist Church, United Methodist Church
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Hospitals – Pedro Calungsod Medical Center, Kalayaan Hospital, Divine Grace Medical center and Our Lady of Pillar Medical Center – 7.7km./24minutes
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Work Place – Dasmarinas, Cavite – 15km./45minutes, Las Pinas City – 19.4km./38minutes, NAIA Airport 1 – 22.6km./46minutes, Muntinlupa City – 25.8km./52minutes, Paranaque City – 27.1km./60minutes, Makati City – 29km./50minutes, Tagaytay – 35.3km./70minutes
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Commercial & Supermarket – Lancaster Square 1, Lancaster Square 2, Save More, 7/11, Alfamart, Puregold Kawit
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Malls – Sm Imus Center,Robinsons Gen.Trias, Robinsons Imus, The District, SM Bacoor, Mall of Asia
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Fastfood – McDonald, Jollibee, Max Restaurant, Shakeys Chowking, Guiligans, Tapa King, Christines Baby Back Ribs
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Market – MFB Wet Public Market
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LRT / MRT Stations Nearby – Baclaran Station – 23.3km/48min, Edsa Taft Station – 25.6km/55min, Libertad Station – 26.1km/1hour
Master Plan of Lancaster New City Cavite
Lancaster New City Cavite is compose of 4 Zones with complete amenities like school, clubhouses, basketball court, swimming pool, playground and commercial facilties in each zones.
Villages located in each zones.
ZONE 1
Location – Barangay Navarro, Gen. Trias, Cavite
1. (KS) Kensington Villages – Alice, Catherine & Diana model
2. (SS) Somerset Villages – Sophie and Margaret model
3. (MS) Manchester Villages – Gabrielle and Alexandra nodel
ZONE 2
Location – Barangay Pasong Camachile 1, Gen. Trias, Cavite
1. (WE) Westwood Village – Anica and Thea
2. (BR) Brighton Villages – Adelle and Denise model
3. (GL) Glenbroke Villages – Chessa and Briana
ZONE 3
Location – Barangay Pasong Kawayan 1, Gen. Trias, Cavite
1. (GR) Grendale Village – Chessa and Briana
ZONE 4
Location – Barangay Tapia, Gen. Trias, Cavite
1. (WO) Woodcress Village – Emma, Alice, Anica and Thea
Location Map of Lancaster New City Cavite
YES TO LOCATION. With the opening of the Manila-Cavite Expressway (CAVITEX), you can now get to SM Mall of Asia / Makati from Lancaster New City in less than 40 minutes via Coastal Road Highway – Cavite Expressway.
ONLY 30 MINUTES TO & FROM THE AIRPORT. Lancaster New City is only less than 30 minutes from Ninoy Aquino International Airport via Cavite Expressway-Coastal Road and NAIA Expressway.
MAIN OFFICE:
55 Tinio St. Barangay Addition Hills
Mandaluyong City
PRC Real Estate Broker License No. 00221887 UNDER HERVIE FAJARDO
Duly Accredited with Developer Property Company of Friends, Inc. Your investment is safe with us.
OUR REALTY COMPANY
GREEN CIRCLE REALTY
Unit 902-B, West Tower, Philippine Stock Exchange Center, Exchange Road, Pasig City, 1600 Metro Manila