Bambu Estate: Yumi House Model. Bambu Estate's model house Yumi has 3 bedrooms and 2 toilets and baths. It's lot area is 150 square meters while it's floor area is 56.07 square meters. This house and lot package can be availed through Pag-ibig housing, in-house, and bank financing. About Bambu Estate: Bambu Estate is a low cost to middle class housing in Davao City, currently offering bungalow type house and lot packages. As of December 2010, almost all lots for Hana and Yumi house are taken/reserved. Some lots in the millionaire's row (designated for 2-storey houses) are still available. Bambu Estate Video: Yumi House Model Note: Furniture and fixtures not included. This is just Bambu Estate's model house. For more info about this subdivision, please click: Bambu Estate
Want to schedule a free site tripping/viewing? Have any questions? Contact: Sonia Hornijas YAHOO CHAT: sonia_scorpio2008 SKYPE CHAT: hh-sonia MOBILE NUMBERS: globe: +63 917 705 6132 smart: +63 908 889 1304 I was amazed at how nice the architects and interior designers of Bambu Estate have planned and decorated the model houses. The outside of the model houses are also nice, of course. The design really lived up to it's name. Want to see how they decorated the interior? Read on... Only 4 lots are left at Villa Azalea, a middle class subdivision in Ma-a, Davao City. 3 lots for 2-storey houses and 1 lot for a bungalow type house. Yes, only 4 remaining lots! You can choose from the following house models: 2-storey house and lot for sale in Samal This ready for occupancy 2-storey model house at Holiday Ocean View Village located in Samal is now available! (Block 11 Lot 8). This house is located in a first class / high-end subdivision and has 4 bedrooms and 3 toilets and baths. The buyer may choose to have this house fully furnished. Click on "read more" for more information. Bank financing means the buyer loans the balance of the real estate property from a bank after paying the required down payment. The bank pays the developer/owner and the buyer pays the bank. The title of the real estate property will be under the bank’s name as collateral (just in case of default payment, the bank can go after the property). In addition, there will be a mortgage agreement between the buyer and the bank.
In-house financing means the buyer will pay directly to the company (owner/developer) where the real estate property is purchased. In Davao City, the total contract price is usually divided into two: 1) 20% down payment; and, 2) 80% loanable amount. The 20% down payment may be paid in monthly installments or in spot cash (spot down payment) where the buyer gets a special discount. The 80% balance can be paid monthly for a given period of time (usually up to 5 years depending on the developer)
Pag-ibig financing is the most common option among Filipinos who want to purchase real estate in Davao City and anywhere in the Philippines since it has longer terms (can be up to 30 years) and lower interest rates. To be able to avail a housing loan from Pag-ibig, you have to be an active member first. One of the requirements is that you need to have contributed at least 24 months worth of Pag-ibig contribution before applying for a house loan.
If you don’t like interest rates and are not willing to pay in full in a very short period of time (e.g. 30 days), then this is the financing scheme for you. Deferred Cash means that the total purchase price of a real estate property will be divided and spread evenly for a certain period of time (e.g. 3 years)
This payment method is the easiest and fastest way to purchase a real estate property. As the name implies, it’s paying on the spot. However, this payment scheme may vary from one developer to another. Paying on the spot or spot cash simply means that the buyer needs to pay the total price (house and lot package, condominium unit price, lot purchase price, etc.) in a given period of time – usually 1 month after the property was reserved.
Thinking of investing or buying real estate here in Davao City? Are you confused which financing option or payment scheme suits you best? Then you have to understand what the available financing options are, compare them, and decide which one is right for you. There are several ways on how a buyer can finance the purchase of a real estate property, namely: spot cash, deferred cash, in-house financing, bank financing, and Pag-ibig financing. This article is going to help you understand what these financing options are.
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