Camella Tanza

Brgy. Bagtas, Tanza, Cavite

Notes:

1) Prices may change without prior notice

2) NRFO = For Construction

3) RFO = Constructed

Payment Terms and Conditions?

Modes of Payment

Cash

Spot Cash Payment – Pay full Total Contact Price (TCP) within 7-30 days

Deffered Payment – Pay full Total Contract Price in 24 equal monthly installment without interest.

Installment

• Bank Financing (RFO & Preselling Units)

  • 10% – 15% downpayment payable in 5-6-8-12-14 mos.

  • NO interest.

  • 85% – 90% balance loanable to Bank.

  • Developer will process your bank loan application.

• Inhouse Financing

  • 10%-15% downpayment payable in 12 mos.

o 85%-90% balance loanable to Developer who will process your loan application.

Reservation Fees – amount of Reservation Fees (RF) will depend on house model:

Php 20,000.00 for Marga and Rina.

Php 30,000.00 for Carina, Drina, Mara and Carmela.

Php 40,000.00 for big corner lot of Mara and Carmela.

Reservation Fee (RF) is part of downpayment and valid for 30 days only.

o To avoid cancellation of RF after 30 days, Buyer must contact Developer’s office before Reservation Fee expires.

Loan Terms

Bank Financing

Up to 15 yrs for OFW

Up to 20 yrs. for locally employed.

Loan term will depend on Buyer’s age, work position and capacity to pay.

Interest rate is 8% per year.

However, prevailing interest rate will apply upon loan take-out.

Age allowed is 21 – 55 yrs old.

In case Buyer will not be approved for Bank Financing for whatever reason, In-House financing scheme will automatically be applied

Inhouse Financing

Maximum terms is 10 yrs.

18% interest per year for 5 yrs terms.

21% interest per year for 10 yrs. Term

o Age allowed is 21 – 55 yrs. old.

Start of Payment

Downpayment (for Bank & Inhouse financing) – 30 days after reservation date.

Amortization (for Bank and Inhouse financing) – after full downpayment or term.

Total Contract Price – include taxes, transfer of title, miscellaneous fees & Meralco connection.

Discounts

Full Down Payment

10% – If paid within Reservation Month

8% – If paid within 30 days

Discount will be computed base on Net Downpayment (DP) amount

Net DP means reservation fee, misc. fees, vat (if applicable) and promo discount are deducted from downpayment amoun

Full Payment of Total Contract Price

12% – If paid within 7 days

10% – If paid within Reservation Month

8% – If paid within 30 days

Discount will be computed base on Net Total Contract Price (TCP).

Net TCP means reservation fees, misc. fees, vat if applicable and promo discount are deducted from total contract price)

Accredited Banks

Malayan Bank, BDO, PNB, China Bank, RCBC, Union Bank, Bank of Commerce, Asia United Bank (AUB)

Reminders: about Reservation Fees, Downpayments and Amortizations

Reservation Fee is not refundable and not transferable in case of withdrawal and cancellation.

Downpayment can be transferred subject to approval. if approved, must pay Transfer Fee estimated at Php10,000 – Php20,000 per unit.

Amortization is not refundable and not transferable in case of withdrawal and cancellation.

Other Fees to Pay Separately

Bank Charges – for loan processing and documentation expenses. To be paid directly to the bank before loan take-out. Estimated bank charges is 3-4% of loanable amount.

Insurances – Fire and Mortgage Redemption Insurance (MRI) will be added to monthly amortization by the bank. Estimated monthly insurances is 0.0005 of loanable amount.

Real Property Tax – To be paid when unit is turned-over then every year thereafter. Tax amount depends on property amount and location. Estimated yearly amount range from Php3,000 – Php 10,000.00.

Move-in Fees – are payment of water connection and Homeowner’s membership fee. To be paid before move-in. Estimated amount is Php 10,000.00.

Construction Bond (optional) – is required if you construct improvement like fencing, renovation and extension. This is refundable If there is no property damage after construction. Estimated amount starts at Php10,000.00 – up. Amount depends on scope of improvement.

List Of Requirement

What are the required documents during Reservation of unit?

2 Govenment Issued ID

Payment of Reservation Fee

Project and Marketing Briefing/Lay out Plan/Quotation Sheet

Signed and Filled out Reservation Agreement Form

Properly filled out and signed Buyer’s Information Sheet

Signed Developer’s Documents – Contract to Sell/Conformity and Undertaking/ Deed of Absolute Sale/ Deed of Reconveyance/Sworn undertaking/Deed of Restrictions/Bank Application Form (minimum of 2 banks).

When is the start of construction? – After full payment of downpayment.

When can Buyer move-in?

Bank Financing – after full downpayment & bank loan is released.

Inhouse Financing – after full downpayment, issuance of post dated checks and complete requirements are submitted.

Are there restrictions on house improvement? – Yes. Buyer must first submit sketches of improvement to Developer’s office for approval. No deletion on any part of the house is allowed.

What are READY HOMES? – Ready Homes are houses best for Clients who wants to transfer within a year. Ready homes will be built within 6 months already fitted with FREE!!! FREE!!! FREE!!!

Front Lawn & Landscapes

Ceramic Tiles on Ground Floor

Vinyl Planks on 2nd Floor

Bedroom Cabinets (for Reana,Marga,Marvela and Carmela Models Only)

Kitchen Cabinets Carport and Balcony (for Carmela Model Only)