B093 Listing
RCBC
This time, we are holding a face-to-face auction.
Please take a look at the RCBC Website list of properties for auction and make sure to share it with anyone interested!
NEGOTIATED TERMS OF PAYMENT
RCBC will be responsible for the Creditable Withholding Tax (CWT), which will be computed using the purchase price as the basis. If the zonal valuation is higher than the purchase price, the buyer is responsible for the difference. The buyer is also responsible for the documentary stamp tax (DST), business tax, transfer, and any other expenses related to the transfer of ownership.
Thank you.
As of March 2024
Cash Term:
25% Down Payment payable as follows:
a). 10% upon submission of KYC/execution of sales documents;
b). Additional 15% payable within seven (7) days from the receipt of notice of approval or as indicated in the notice of approval;
75% balance payable within 30 days from receipt of the notice of approval
Installment Term:
25% Down Payment payable as follows:
a). 10% upon submission of KYC/execution of sales documents;
b). Additional 15% payable within seven (7) days from receipt of notice of approval or as indicated in the notice of approval;
75% balance payable as follows:
a). 10.0% fixed per annum for more than 1 to 5 years;
b). 12.0% fixed per annum for more than 6 to 10 years
As of Oct 2022
Cash Term:
25% Downpayment payable as follows:
a). 10% Option Money upon submission of offer
b). additional 15% downpayment payable within seven (7) days from receipt of the notice of approval or as indicated in the notice of approval;
75% balance payable within 30 days from the completion of downpayment or as indicated in the notice of approval;
Installment Term:
25% Downpayment payable as follows:
a). 10% Option Money upon submission of offer
b). additional 15% downpayment payable within seven (7) days from receipt of the notice of approval or as indicated in the notice of approval;
75% balance payable as follows:
9.5% fixed per annum for 1 year
11.5% fixed per annum for more than 1 to 5 years
13.5% fixed per annum for more than 5 to 7 years
Note: Monthly amortization to commence within 30 days from the completion of downpayment or as indicated in the notice of approval.
SALE IS ON AN “AS IS, WHERE IS” BASIS PROPERTIES AND PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE
Checklist of Requirements Individual Buyer
Checklist of Requirements
Individual Buyer
1. Requirements:
1.1 Two (2) Valid IDs (government issued) photo bearing and with specimen signature
1.2 Proof of Billing
1.3 Latest Community Tax Certificate or details of CTC;
1.4 Copy of PSA copy of Birth Certificate for single buyers; and If buyer is married, one valid ID of spouse
to verify name and Copy of PSA Marriage Contract
1.5 Proof of income and source of funds (any of the following)
If Employed:
Latest Income Tax Return;
Employment Certificate and compensation
Certificate of Deposit or Bank Statement
If Self Employed:
Audited Financial Statement of company and business with at least the previous
year’s comparative financials
Mayor's permit / Business permit
SEC Registration / DTI Registration;
Certificate of Deposit or Bank Statement
2. Completely filled out and signed sale/bank document forms:
2.1 Customer Relationship Form
2.2 Purchase Proposal Form
2.3 Talking Points Form
2.4 Option Agreement
2.5 Signature Card
3. For Attorney In Fact (AIF) / Representative:
3.1 Notarized original copy of Special Power of Attorney (SPA)
For clients/buyers who are abroad and are not able to sign as required or present original
documents, certain identified KYC or additional documents must be consularized from the
country where client/buyer is located.
3.2 Completely filled out Customer Relationship Form
3.3 (Two) 2 Valid IDs (government issued) photo bearing and with specimen signature;
3.4 Proof of Billing
Note:
Additional documents may be required
Kindly submit clear photocopies and present the original documents/ID/Forms to our bank
personnel’s/Officers for purposes of authentication/verification.
Kindly completely fill up the forms in legible and readable manner and put NOT APPLICABLE or
NONE as maybe necessary.
List of Requirements
For all applications:
* Offer to buy form
* Buyers Information Sheet (both wife and husband/co-buyer)
* 2 valid ID with 3 specimen signature (Both wife and Husband/co-buyer)
* Proof of income (Remittances/Payslip/Bank Statement) both spouses
* Proof of billing (Water bill/Electricity Bill/ Telephone Bill)
* Marriage Certificate (if married)
* Birth Certificate (if single) & Cenomar
* Certificate of Employment both spouses
* SPA (if applicable)
If applicant is in business or in professional practice:
*Latest BIR Form 1701 or 2317 with attached Audited Financial Statement with BIR Stamp
* TIN Verified If applicant is employed:
*Proof of income (ITR/Pay slip/Financial Statement/Remittances)
*Latest Certificate of Employment
*Latest Income Tax Return or BIR Form 2316, 2306, 2307, or 1700
If applicant is an OFW:
*Any of the following:
*Consularized Certificate of Employment
*Job Contract
*Proof of Remittance for the past 3 months
*Active OFW Account
*Philippine based Loan Administrator and Co-maker with source of income (to submit same requirements as applicant)
If applicant is an Immigrant:
*Latest Certificate of Employment and any of the following:
*Latest Income Tax Return
*Proof of Remittance for the past 3 months
*Active OFW Account
*Payslips for the past 3 months
*Philippine based Loan Administrator and Co-maker with source of income (to submit same requirements as applicant)
For Corporate Buyers:
* Original Board Resolution and/or Secretary’s Certificate authorizing the purchase and appointing the signatory for the corporation
* SEC Registration
* Articles of Incorporation and By-laws
* Latest Income Tax Return (BIR Form 1702)
* Latest Audited Financial Statement
* Photocopy of valid ID of the signatory
* Community Tax Certificate of the company and signatory
* Tax Identification Number of the company and signatory
Cef Maligcrmalig@rcbc.com
Luzvaine P. Belleza(02) 8230 -7751ChannelsManagement@rcbcsavings.com
ANN MALIENE A. SANTIAGO
Real Estate Sales Officer
ROPA Real Estate Sales Department
Asset Disposition Division
Asset Management & Remedial Group
Rizal Commercial Banking Corporation
Address: 31F, A.T. Yuchengco Centre,
25th and 26th Sts., BGC, Taguig
8894-9000 local 9908