top of page
5ive Pillars of Lancaster
PORTIA

 NEW HOUSE MODEL UNIT 

PORTIA 

 Portia House Model, perfect for the needs of starting and growing families alike. The Portia House Model has a floor area of 40 sqm and a lot area of 45 sqm. It has three bedrooms, living room, dining room, kitchen, one toilet and bath, a powder room, a service area, and provision for one-car garage.

65615322_2810902898983212_14216247732925
portia_ex_fp_panogroup43_edited.jpg

Overview

  • Living Room

  • 3 Bedrooms

  • Service Area

  • Dining Area

  • 1 Toilet and Bath

  • Provision for Carport

  • Kitchen

  • 1 Powder Room

portia_ex_fp_panogroup43_edited.jpg

DRESSED UP MODEL OF PORTIA

REVISED COMMISSION FOR BANK FINANCING

% of the total commission            BANK FINANCING (12.5%/15)-compliance

​

         Cash Advance                      payment of Reservation fee, proof of identification-Buyer/AIF

                                                       duly accomplished & executed Reservation agreement

​

1st Release           20%                   payment of at least 3.5% of net SP

​

2nd Release         20%                   payment of at least 6% of net SP and submission of complete                                                                                    & valid documents, as prescribed in LOG's checklist of Requirements                                                                                  

3rd Release          15%                   payment of at least 10% of net SP

​

4th Release          15%                   payment of at least 12% of net SP, release of log signed by                                                                                           Buyer/AIF and compliance with log conditions

​

Final Release       30%                  Release of take out proceeds                

REVISED COMMISSION FOR IN-HOUSE FINANCING

% of the total commission            IN-HOUSE FINANCING (12.5%/15)-compliance

​

         Cash Advance                      payment of Reservation fee, proof of identification-Buyer/AIF

                                                       duly accomplished & executed Reservation agreement

​

1st Release           20%                   payment of at least 3.5% of net SP

​

2nd Release         20%                   payment of at least 6% of net SP and submission of complete                                                                                    & valid documents, as prescribed in LOG's checklist of Requirements                                                                                  

3rd Release          15%                   payment of at least 10% of net SP and 36 PDC,s for monthly installment(MI)

​

4th Release          15%                   payment of at least 14% of net SP                                                                                 

​

Final Release       30%                  payment of 20% of net SP, remaining PDC,s for full termor GC for remaining                                                        loan balance PDC,s for RPT

DOCS CANCELLATION POLICY

Existing provisions of Reservation Agreement and Contract to Sell  state the grounds for the cancellation of buyers

Reservation/Contract and forfeiture of any previous payment/s which include.

  • failure to pay or remit any  (3)  consecutive monthly installment amortization.

  • failure to submit within the prescribed period any of the documents that may be required by PROFRIENDS

 ​or the financing institution.

  1. The prescribed period for submitting complete documents shall be 120 days from the date of Reservation, both  for local and overseas buyers. As  a general rule, no extension/s shall be granted.LOG shall have the sole  authority to grant any request for an extension

  2. Reminder letters shall be sent regularly to buyers, specifying deadline date/s  for submission of documents.pro -forma letters shall reflect the actual date.

  3. If the buyers fail to comply within this prescribed period, a notice of cancellation shall be issued  after 120 days .Thereafter, the buyers shall be given the standard 30 days period within which to comply, after which the unit shall be archived.

  4. All existing form/s of  documents shall be revised to indicate the 120 days timeline.

computation of Portia house model

bank financin:10% @ 12 mos dp

total contract price-----------------> Php 1,204,200.00
reservation  fee------------------------> Php 10.000.00
equity--------------------------------------------> Php 109.880.00

EQUITY 10%
EQ term 9 months
monthly equity------------------------> Php 12.208.89
loanable amount-------------------> Php 1,078.920.00
MRI & fire----------------------------------> Php 491.46
monthly amortization 90% indicative
20 years-----------------------------------> Php 10,198.78
15 years-----------------------------------> Php11,434.58
10 years-----------------------------------> Php14,158.70
5 years---------------------------------------> Php 22,888.06

Nemia A. Maestre

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

Please fill out all required fields for us to be able to serve you better. We value your privacy. All information entered shall remain private and will only be used for contact purposes.

For Further more information, please contact me at my number below.

 THANK YOU. 

free tripping's

Smart:09390659790

                       

 LandlinePLDT: (046)476-2779

                       

 

Email  Add:nemiamaestre142@Gmail.com

                       

 Globe:09260514403

                       

Get In Touch

THANKS FOR SUBMITTING

bottom of page