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5ive Pillars of Lancaster
FELICIA
NEW HOUSE MODEL UNIT
FELICIA
Ang Felicia ay 50 sqm ang floor area at 50sqm ang lot area. Meron itong 3 bedrooms, 1 toilet and bath, 1 powder room, at provision for carport.
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Living Room
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3 Bedrooms
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Service Area
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Dining Area
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1 Toilet and Bath
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1 Powder Room
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Provision for Carport
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Kitchen
DRESSED UP MODEL OF FELICIA
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.
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failure to pay or remit any (3) consecutive monthly installment amortization.
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failure to submit within the prescribed period any of the documents that may be required by PROFRIENDS
or the financing institution.
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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
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Reminder letters shall be sent regularly to buyers, specifying deadline date/s for submission of documents.pro -forma letters shall reflect the actual date.
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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.
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All existing form/s of documents shall be revised to indicate the 120 days timeline.
computation of FELICIA house model
bank financin:10% @ 12 mos dp
total contract price-----------------> Php 1,495.800.00
reservation fee------------------------> Php 10.000.00
EQUITY 12.50%
Equity--------------------------------------------> Php 176.975.00
EQ term 15 months
monthly equity------------------------> Php 11.798.33
Loanable amount-------------------> Php 1,308.825.00
MRI & fire----------------------------------> Php 629.83
monthly amortization 87.50% indicative
20 years-----------------------------------> Php 12,405.66
15 years-----------------------------------> Php 13,904.80
10 years-----------------------------------> Php 17,209.47
5 years---------------------------------------> Php 27,798.88
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
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For Further more information, please contact me at my number below.
THANK YOU.
free tripping's
Smart:09390659790
LandlinePLDT: (046)476-2779
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