ELEGANTLY FINISHED BRAND NEW DUPLEX HOUSE AND LOT IN PILAR VILLAGE LAS PINAS
Selling Price: PHP 6,800,000.00
Lot area: 84.8sqm
Floor area: 113sqm more or less
House details:
3 Bedrooms with built in cabinet and T&B
3 toilet and bath
Living area
Dining area
Clean kitchen
Dirty kitchen
Service area/ laundry area
Balcony
Installed Maynilad Water
Installed Meralco
Cable Line Ready
Complete Lighting Fixtures
Fence
1 car garage
Nearby Places:
SM Southmall
Centro Escolar Las Pinas
San Beda College
Daang Hari Road
Ayala alabang Town Center
Festival Mall
Yexel Toy Museum
Las Pinas Medical Center
TIMELINE FOR PROCESSING IF BANK FINANCING
Scheduling of appraisal report of the property
1-2 weeks
Approval loan
1-2 weeks
Release of Letter of Guarantee
1 week
Applying of Certificate Authorizing Registration From BIR
2-3 weeks
Transfer of Title from the Buyer
1-2 weeks
Total weeks
10 weeks processing
SAMPLE COMPUTATION
Negotiated price if bank
Php6,500,000.00
20% downpayment
Php 1,300,000.00
80% Balance or loanable amount
Php 5,200,000.00
5 Years
Php 102,966.23
10 Years
Php 60,376.41
15 Years
Php 46,739.07
Other Expenses
Bank Charges more or less 3%
Php 156,000.00
Titling Fees
Documentary Stamp Tax 1.5%
Transfer Tax 0.55%
Registration fee 0.75%
Php 91,500.00 –if the under declaration value is Php 3,000,000.00
Php 97,600.00 –if the under declaration value is Php 3,200,000.00
Total Cash out -PHP 1,547,500 –for 3M declare
Total Cash out -PHP 1,553,600 –for 3.2M declare
TIMELINE FOR PROCESSING CASH
Applying of Certificate Authorizing Registration From BIR
2-3 weeks
Transfer of Title from the Buyer
1-2 weeks
Total weeks
5 weeks processing
TOTAL CASH OUT FOR CASH
Negotiated price
Php 6,400,000.00
Other Expenses
Titling Fees
Documentary Stamp Tax 1.5%
Transfer Tax 0.55%
Registration fee 0.75%
Php91,500.00 –if the under declaration value is Php 3,000,000.00
Php97,600.00 –if the under declaration value is Php 3,200,000.00
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