PROPERTY DESCRIPTION:

House Features:
·    Four (4) Bedrooms
·    2 Toilet and Bath
·    Living Area
·    Kitchen Area
·    Dining Area
·    Laundry / Service Area
·    Provision for 2 Car Garage
·    Provision for Front Lawn
·    Provision for CATV,
·    Telephone and Air-conditioning Unit
House Finishes:
·    Pre-painted Long Span Roofing
·    Painted Exterior and Interior Walls
·    Tiled Kitchen Counter with Stainless Kitchen Sink
·    Tiled Toilet and Bath
·    Ceramic Bathroom Fixtures


TUNOVER of the house is bare, painted white inside tthe house, plain cement for the flooring ready for tiling, toilet and kitchen are both tiled with fixtures.


BUYER NEEDS TO INSPECT THE HOUSE 3X FOR DEFECTS SO THAT THE DEVELOPER WILL BE ABLE TO FIX ALL THE PROBLEM THAT WILL COME AFTER THE 15MOS DOWNPAYMENT AFTER THE INSPECTION PERIOD BUYER WILL BE ABLE TO MOVE IN.

 


BANK FINANCING
SAMPLE COMPUTATION    
House Model     OAKWOOD-BB         
Unit ID     CE8-0219     
Lot Area     88         
Flr Area     104         
Selling Price     1,625,000.00         
LMF     130,000.00         
Total Package Price      1,755,000.00         
(selling + LMF)         
20% Down Payment =     325,000         
Reservation         20,000         
Net Down Payment     305,000.00         
(DP - Reservation)         
Payable in (mos):     1520,333.33     per month         
Loan Amount     1,430,000.00         
Monthly Amortization for Bank Loan     
20 yrs                 15,010.65     per month     
15 yrs     16,541.13     per month     
10 yrs     20,029.63     per month     
5 yrs     31,470.21     per month