Affordable House and Lot For Sale in Cavite
" Stop Renting ! Own Your Dream Home. "
IMUS CAVITE TWO STOREY SINGLE ATTACHED HOUSING UNITS - CHESAPEAKE VILLAGE - PROFRIENDS
(Affordable House and Lot for Sale in Cavite Philippines )
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Imus Cavite Two Storey, Single Attached Housing Units - Chesapeake Village - PROFRIENDSBuhay na Tubig, Imus, Cavite
Chesapeake offers 422 full two-storey single- attached housing units amidst a relaxing atmosphere provided by its 24-hour security and amenities such as a basketball court, a swimming pool , a wishing well, a spacious clubhouse and picnic grounds. All these to fulfill its promise to its residents a place “ Where your family’s finest dreams come alive”.
The prime attraction of Chesapeake is its house model, which has a floor area of 72.22 square meters and a lot area of 80 square meters. It has three bedrooms, two toilets and bath, a living and dining room, kitchen ,laundry area and a balcony. New Iris models are now being offered with a big balcony making the total floor area 92.10 square meters.
The project is a few minutes drive from the Alabang Town Center and is accessible through various routes- Daang Hari Road , Emilio Aguinaldo Highway, South Luzon Expressway and the Coastal Road.
Amenities and Facilities
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Iris House Model
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iris house model
Iris House Model
Price Ranges from Php1,750,000 - Php2,159,000/house
Lot Area Ranges: 80 - 125 Square Meters
House Area Ranges : 77 - 92 Square Meters
Distance: 22 Kilometers From Manila or Makati
20,000 to Reserve A Unit
Single Attached House & Lot Package With Balcony
Available thru Bank & Inhouse Financing
PRESENT UPDATE OF CHESAPEAKE VILLAGE:
Chesapeake Village was launched year 2006. Todate, 95% is sold out and already constructed. 75% have move-in or have transferred. Only 9 units left in Chesapeake Village including the dressed-up model and turn-over model which are now for sale.
Ready for Occupancy Houses are now available. Reservation is strictly on first come first serve basis.
READY FOR OCCUPANCY AVAILABLE UNITS FOR SALE THIS WEEK:
1. Block 2 Lot 31...Corner Lot Area 98.5sqm - Total Contract Price: 2,106,720.00
Inhouse Downpayment Payable 4 Mos.....118,480.00
Inhouse Downpayment Payable 6 Mos......78,986.00
Inhouse 10 Yrs. Amortization After Full Payment of Downpayment.......32,968.84
Downpayment can be extended up to 6 months subject for approval.
STATUS: House is Constructed.
Buyer can move-in 1-2 mos. after full payment of downpayment.
2. Block 8 Lot 20...Inner Lot Area 80 sqm...Total Contract Price:........1,828,250.00
Inhouse Downpayment Payable 4 Mos......102,187.00
Inhouse Downpayment Payable 6 Mos.......68,124.00
Inhouse 10 Yrs. Amortization After Full Payment ofDownpayment.........28,634.49
STATUS: House is Constructed.
Buyer can move-in 1-2 mos. after payment of DP.
Sample Computation Irish House Model
In-house Financing Scheme (Inner Lot )
PRICE STARTS AT PHP 1,912,000.00 AND UP
| Typical Selling Price | Php 1,912,000.00 |
| Legal & Miscellaneous Fee | Php 86,040.00 |
| Total Contract Price | Php 1,998,040.00 |
| Loanable Amount | Php 1,529,600.00 |
| DP/Equity Payment | Php 468,440.00 |
| Less: Reservation Fee | Php 20,000.00 |
| Net Equity | Php 448,440.00 |
| Monthly Equity Payment - Payable within 12 mos. | Php 37,370.00 |
Monthly Amortization | |
| 6 years to pay with 18% interest | Php 34,886.80 |
| 10 years to pay with 21% interest | Php 30,581.55 |
Cash Payment Scheme ( Inner Lot )
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,912,000.00 AND UP
| Typical Selling Price | Php 1,912,000.00 |
| Less: Reservation Fee | Php 20,000.00 |
| Selling Price Net of Reservation Fee | Php 1,892,000.00 |
| 10% Discount within 7 days from the date of reservation | Php 1,702,800.00 |
| 9.5% Discount within 8 to 30 days from the date of reservation | Php 1,712,260.00 |
| 9% Discount within 31 to 60 days from the date of reservation | Php 1,721,720.00 |
| 8.5% Discount within 61 to 90 days from the date of reservation | Php 1,740,640.00 |
Bank Financing Scheme ( Inner Lot )
PRICE STARTS AT PHP 1,420,000.00 AND UP
| Typical Selling Price | Php 1,420,000.00 |
| Legal & Miscellaneous Fee | Php 113,600.00 |
| Total Contract Price | Php 1,533,600.00 |
| Loanable Amount | Php 1,249,600.00 |
| DP/Equity Payment | Php 284,000.00 |
| Less: Reservation Fee | Php 20,000.00 |
| Net Equity | Php 264,000.00 |
| Monthly Equity Payment - payable within 12 mos. | Php 22,000.00 |
Monthly Amortization• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements | |
| 5 years to pay with 10.5% interest | Php 26,858.78 |
| 10 years to pay with 10.5% interest | Php 16,861.48 |
| 15 years to pay with 10.5% interest | Php 13,813.06 |
| 20 years to pay with 10.5% interest | Php 12,475.76 |
| 25 years to pay with 10.5% interest | Php 11,798.49 |
DINING AREA
BEDROOM 1
KITCHEN AREA
BEDROOM 2
DINING AREA
BEDROOM 3
LIVING ROOM AREA
POLICIES
Conditions of Sale
- Non-refundable reservation fee ranges from 5,000.00 to 30,000.00
- Amount paid formalizes the reservation of a housing unit in the project and forms part of the equity
- First-come, first served basis
Downpayment (Equity)
- The buyer may choose the following options:
- PLAN A – 20% of total selling price
- PLAN B – 30% of total selling price
Payments In-house
- Payments must be remitted only to the Main Office of PRO-FRIENDs and through an authorized PRO-FRIENDS staff only
Reservation Date Date of PDC
-
- 6th to 20th day (Current Month) 20th day of the next month
- 21st ( current month) to 5th day 5th day of the subsequent month
(next month)
- In-House financing terms:
- Loanable amount is payable in 5 years at 18% or 10% years at 21% fixed interest.
Payment Pag-IBIG
- Equity/Downpayment
- Payments must be remitted only to the Main office of PRO-FRIENDs and through an authorized PRO-FRIENDs staff only
Reservation Date Date of PDC
-
- 6th to 20th day (Current Month) 20th day of the next month
- 21st ( current month) to 5th day 5th day of the subsequent month
(next month)
- Monthly Amortization
- For 2 years, PDC’s will be addressed to PRO-FRIENDs and it will always be 5 days advance.
- If their hit date is on the 20th day, their date of PDC will be on the 15th day of the month.
- If their hit date is on the 5th day, their date of PDC will be on the 30th day of the month.
- After 2 years, PDC’s will be dated based on the original datres of PDC (12 PDCs for CEDAR, VILLAS & MANOR; 20 PDCs for other projects)
Penalty on Delayed Payments
- 1/10 of 1% compounded per day of delay.
- Any request for hold or pullout of check shall be charged by PRO-FRIENDs an Administrative Fee of P 100.00 per transaction.
Forteiture and Cancellation
- Failure to submit documentary requirements and non-payment of 1st equity
- The RETURN or non-payment of checks issued including “stop payment order”
- Any delay in the encashment of checks on due dates stated for any reason not attributed to PRO-FRIENDs.
- Failure or refusal of the buyer to complete the down payment or to pay any installment on the down payment & monthly amortization
- Voluntary back out of buyer
Transfer of Location / Ownership
- Transfer fee of P3,000.00 is required
- Retain prevailing selling price and terms at point of transfer (allowed only for upgrading or same selling price)
- Covers transfer of rights and change of unit or financing scheme
- Original schedule of payment will be followed
- Account is current and updated (no transfer on delinquent accounts)
House Construction
- House Completion is within 3 months after the last equity
Move-in for In-house
- A buyer will not be allowed to move in unless:
- Downpayment is fully paid
- Posted checks for monthly amortization have been issued
- All documentation requirement are complied with
- Buyer should secure the Authority/Clearance to Inspect after 60 days upon the receipts of Notice of Completion (NOC), otherwise, unit will deemed accepted
- Buyer must secure Authority to Move In from Head Office upon the receipts of Certificate of House acceptance from the site
- Unit is considered 100% complete once accepted by the buyer
- Early Move-in
- Unit is ready to be occupied
- Monthly amortization will start 30 days from the date of Clearance for Inspection (CFI)
Move-in for Pag-IBIG
- Buyer will not be allowed to move in if there is no take out order from Pag-IBIG
(No take out, no move in policy)
Real Property Taxes, TCT transfer & Registration
- Buyer is bound to pay the real estate taxes and special taxes levied or that may be levied on the property during the time the CTS is in force, when they become due and payable, including the corresponding surcharge and penalties in case of delinquency
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Procedure in Buying a House in the Philippines
representative.
Developer's Sales Map.
3. Decide what will be your mode and terms of payment.
Mode of Payments:
a. Inhouse Financing
b. Bank Financing
c. Cash Deferred Payment - 24 equal monthly installment ZERO interest
d. Spot Cash Payment - avail of discount if fully paid within 6 months.
e. Pag-IBIG Financing
a. Downpayment payable in how many months?
b. Balance payable in how many years?
4. Fill up Buyer's Information Sheet (BIS) and Reservation Agreement Form.
5. Pay the reservation fee.
6. Sign the following forms:
a. Contract to Sell
b. Special Power of Attorney (if Buyer is not available)
c. Insurance Form (Mortgage Redemption Insurance (MRI) and Fire
Insurance
d. Inhouse or Pagibig or Bank Loan Application Forms
7. Get from Developer's Office/Agent list of requirements to be submitted
together with signed forms. Must be submitted within 60 days from
reservation date.
8. Pay first your monthly downpayment 30 - 45 days from reservation
date. After full downpayment, start paying your monthly amortization.
9. Upon full downpayment, you may now inspect your house in preparation
for transfer or move-in.
10. Sign house acceptance after inspection.
11. You may now apply for Meralco (3 weeks) and water connection (3
days) thru Developer's Office (selected projects only). While waiting for
electric connection, Developer will allow youto get electric connection
thru sub-meter connection within the village.
12. Upon house acceptance, you'll be allowed to construct interior and
exterior improvements and expansion.Just get approvalfrom Developer's
Office. Approval from the Developer is free,fast and easy. You'll only
payfor the Building Permit to Local Municipal's Office.
requirements
Requirements for Bank Financing
Standard Application Requirements
A. Documents:
1. Contract To Sell (9 Copies)
2. Deed of Reconveyance (7 Copies)
3. Deed of Absolute Sale (7 Copies)
4. Cocolife Insurance Form (2 Copies)
5. PNB Life Insurance Form (2 Copies)
6. CI Form (1 Copy)
7. Metrobank Application Form (MBTC Financing)
8. AXA Life Form (MBTC Financing) - 2 Copies
9. UCPB Application Form (UCPB Financing) - 1 Copy
10. SPA Form (MBTC/UCPB - 7 Copies) - 3 Copies Consularized
11. SPA Form - Profriends (7 Copies)
12. AIF Info Sheet - attached with 1 pc. ID Picture (1 Copy)
B. Requirements:
1. Counseling - PFI (Developer)
2. 1x1 Picture (3pcs)
a. Buyer
b. Spouse
c. AIF
3. Photocopy of Valid ID's
a. Buyer
b. Spouse
c. AIF
4. Residence Certificate
a. Buyer
b. Spouse
c. AIF
5. Tax Identification (TIN) - Buyer
6. Marriage Contract / Birth Certificate
7. Proof of Billing (Electric bill, water bill, phone bill, etc)
8. Job Contract or CEC (Original) - Consularized and needs e-mail add of the Company
9. Post Dated Checks
a. Down Payment
b. Guaranteed Check - if applicable
To be submitted if applicant is self employed.
1. Audited Financial Statements for the last 2 years
2. Two (2) years in-house Financial Statement and Interim Statement (when available)
3. ITR for the last 2 years
4. Photocopy of Bank Statements and Passbooks for the last 6 months
5. Certificate of Business Registration with SEC or DTI (if single proprietorship)
6. Articles of Incorporation and By-Laws (if applicable)
7. Business Background / Company Profile
8. Trade Suppliers / Customers (at least 3 for each with contact persons and telephone numbers)
In House (Initial Requirements)
1. Latest proof of income.
2. 3pcs. recent 1 x 1 I.D. pictures
3. Marriage Contract, Birth Certificate, or Separation papers (if needed)
4. Community Tax Cert. No.
5. Complete post dated check for Equity and Amortization
6. TIN
Additional Requirements for OFW
1. Initial requirements
2. Job Contract
3. Passport
4. Special Power of Attorney (SPA)
5. Valid I.D. of Attorney in Fact
6. 1 pc. I.D. picture of Attorney in Fact
7. Residence Certificate of Attorney in Fact
Self-Employed
1. Initial Requirements
2. Affidavit of Income
3. Business Name and Permit
4. Passbook with 3 months maintaining balance
5. ITR