House Buying Procedure
Step 1 – Contact Us thru email, chat, text or call.
Inquire about the project and model house price, location, payments computation etc.
Step 2 – Schedule your Tripping/House Viewing
Get a date. You may bring a xerox copy of Buyer’s ID, one month payslip or Job Contract so it can be evaluated once you decide to buy.
Step 3 – Reserve a Unit
Choose the location of block and lot.
Fill up:
- Buyer’s Information Sheet (BIS) and
- Reservation Agreement (RA) and
- Other forms
Developer will then pre-evaluate Buyer’s capacity to pay base on payslip, ID, Job Contract or Latest financial statement. If capable, you may now pay the reservation fee.
Step 4 – Buyer’s Appearance
You or authorized representative (Atty-in-Fact) must appear in person at Developer’s office in for counseling and briefing within seven (7) days from reservation date.
Note: This may or may not applicable to other Developers
Step 5 – Submission of Requirements
Submit requirements within 30 days from reservation date. If some document is not available, you must inform the office.
Step 6 – Pay your Monthly Downpayment or Equity
Follow the schedule of due dates of your down-payment given during reservation.
Step 7 – Loan Processing
Processing of loan is done after downpayment or equity term. Estimated process time is 3-4 mos., depending on status of house construction. For Pre-Selling, it might be longer depending on the scheduled turnover of the house.
Step 8 – Loan Take-Out
Your loan is taken-out and payment will be released by Pagibig or Bank. Developer will inform you of loan take-out and guide on the next steps. Payment schedule of monthly amortization and house inspection will be given.
Step 9 – Inspection
During inspection, check if house is ready for move-in. If there are minor repairs or retouch , another re-inspection date will be set until house is acceptable.
Step 10 – Move-in
Finally your own new home. Congratulations!
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