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) 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 |
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