Financing Option: Deferred Cash

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)

For example: A house and lot package at Villa de Mercedes – a high end subdivision in Catigan, Toril, Davao City.

House Model:  Elenly
Lot area: 133.90sq.m
Floor area: 150sq.m
House and Lot package cost: 5,334,000

Deferred Cash payment: 5,147,310 (discounted)

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Advantages:
-          No interest rates.
-          No down payment required.
-          Buyer will not be burdened by the thought of paying for a long period of time.
-          Some developers give discounts to clients who pay thru the deferred cash method.
-          Document processing in a shorter period of time.

Disadvantages:
-          Usually no discounts.

Related Articles:
Paying in Spot Cash
Financing Options: Pag-ibig financing
Financing Options: In-house financing
Financing Options: Bank financing

Ready to purchase a real estate property in Davao City? Check out this real estate website:
Davao City Real Estate Properties