05/03/2022
Been planning to buy a home but worrying about the long process? Here's a quick 6-step buyer's guide for you!
1) Pre-reservation
This stage involves Tripping, Choosing of Unit, and Qualifying. Sales Representative conducts site viewing to present detailed information about the project. Availability, Prices, House Specifications and Deliverables will be discussed during the tripping. Then, you will now choose a specific unit and will be ready to take it further. Sales Representative conducts a screening and explain the different payment options and easy financing schemes to choose from to help you in purchasing a specific unit.
2) Reservation & Booking
Upon payment of Reservation Fee, you will fill out Reservation Agreement/Buyer's Information Sheet and submit three (3) initial documents such as: Proof of Identity: 2 Valid IDs, Proof of Address: Billing Statement, and Proof of Income: COE or Payslip.
3) Downpayment
For Installment Scheme, payment of equity will start 30 days after reservation as stated in the standard price list. While for Cash Downpayment Scheme, you are required to give the full downpayment subject to discount, depending on the number of days after the reservation date.
4) Loan Process & Take-out
Upon 85% house completion, you will be required to submit the complete loan documents and sign necessary Bank/HDMF documents to initiate processing of their Housing Loan. Developer's Loan Processor will help you process his/her loan for his/her convenience. Then, upon take out you need to settle bank charges, insurances and other charges. Loan/bank processor must inform and send take out letter to buyers.
5) Move-in
After these 4 steps, you are now ready for moving in to your new home! This stage involves property inspection, acceptance and turnover. Our Customer Relations Officer will assist you. Turnover Officer conducts a unit inspection with buyers and rectifies their concerns. Once concerns have been addressed, Property Management Department will turnover unit keys to buyers and orient them.
6) Releasing of Title
Once you finished paying for the total contract price of your home, you are now ready to accept your Title. For Bank/Pag-Ibig Financing, your corresponding bank/Pag-Ibig branch must inform you regarding the processing of title and the date of release. Credit and Collection Officer will inform you regarding the process of title and the date of release once your account is fully paid.
