Buyers Guide

HOW TO AVAIL OF THE DIFFERENT FINANCING
SCHEMES FOR THE REMAINING BALANCE?

a.) Pag-IBIG financing
• Applicant must be currently employed and an active member of Pag-IBIG for the past twenty four (24) months at least.
• Must attend a seminar for comprehensive information on their qualification and availment.
• Other requirements may be necessary such as special power of attorney, working visa or remittance slips.
b.) Bank Financing
• Duly assigned Application Form (Bank)
• Documents may be required by the chosen bank.
• May be required to open a checking account.

WHEN IS THE TURN-OVER OF THE UNIT?

The unit will be available for turnover when:
• For Pag-IBIG or Bank Loan:
-Upon loan take-out

• For in-house Financing:
-Upon payment of 50% of the total contract price and with the complete post dated cheques for the remaining balance and provided there were no delinquency incurred during the term. Completion of Horizontal construction

WHEN IS THE START OF THE CONSTRUCTION OF MY UNIT?

The construction of your unit will commence when:
• For Pag-IBIG bank loan;
-Full payment of equity
-Completion of Horizontal construction.

• For in-house Financing:
-Upon payment of 50% of TCP, with complete post dated cheques for the remaining balance and provided there were no delinquency incurred during the term.
-Completion of Horizontal construction.

ARE THERE OTHER INCIDENTAL COSTS?

Though the Total Contract Price is inclusive of taxes and move-in fees the Homeowner’s Association dues and utility connections are buyer’s obligations.

WILL THE HOMEOWNERS GET FULL ACCESS TO THE AMENITIES?

Full access will be granted to all the free facilities at Bayswater for all the registered homeowners and their family members who are residents of Bayswater.

WHAT TO DO AFTER RESERVATION?

Per our reservation agreement, the monthly amortization for the down payment of your chosen house and lot shall start 30 days from the reservation date.