East Rembo foreclosed Lot with dilapidated structure for sale near BGC, Makati
East Rembo, Makati
Lot 10 Block 122 (No. 191-K) 28th Avenue, East Rembo, Makati
(Vacant Residential Lot) (Dilapidated House)
LOT AREA (sqm) : 255
INDICATIVE PRICE : Php 12,100,000
In light of the risks associated with COVID-19, we are limiting physical interaction in our offices. For interested buyers/investors, we encourage all offers and requirements be submitted via email.
“As is where is” basis and all offers are first come best first serve basis and subject to management approval.
Terms of payment is CASH or at least 30% outright DP 70% bank financing 5 years at 10% per annum.
FOR SERIOUS BUYERS,
MAY WE REQUEST TO READ FIRST, AS ALL THE DETAILS YOU NEED IS ALREADY WRITTEN BELOW. This will SAVE TIME AND EFFORT among us.
Please be reminded that Tripping schedule is for those who have READ AND HAS READY FUNDS for the DOWNPAYMENT and have AGREED with the TERMS OF PAYMENT.
BELOW MARKET AND ZONAL VALUE! CASH or LOAN same price and treatment from the Management.
PLEASE CALL / TEXT / EMAIL us to schedule a tripping appointment, Monday – Friday 9am-2pm only and must be scheduled 2-3 days prior.
Terms and Conditions:
The buyer is fully aware of the present conditions of the said property and conducted due diligence thereof and is aware of any of the cases, presence of any occupants/tenants, its boundaries, improvements, easements, encroachment, claims, titles, tax declarations, restrictions, etc. Thus, sale is on an “as is where is” basis.
Creditable Withholding Tax equivalent to 6% of the approved selling price shall be for the account of the bank while documentary stamp tax, additional creditable withholding tax in excess of the 6% approved price (if any), notarial fee, transfer tax, registration fees and other government assessments whatsoever shall be for the account of the buyer. Upon full payment of contract price and payment of necessary taxes and fees, the Buyer shall undertake title transfer to his/her name. The realty taxes and other dues shall be shared among the parties on a pro-rated monthly basis commencing on the remittance of full/down payment or turnover of the property, whichever comes first.
The Management has the option to request for remittance of at least 10% of the offered price as earnest money prior to recommendation to Bank's Management. This will form part of the down payment or purchase price in case Management approves the offer or shall be refunded without interest in case the offer is disapproved. However, in case the offer is approved and the buyer withdraws the offer, the earnest money shall be forfeited in favor of the Bank as liquidated damages.
Terms of Payment:
Option 1: Cash payable within seven (7) days upon receipt of bank’s notice of approval
Option 2: Installment Basis, as follows
30% DP payable within five (5) days upon receipt of bank notice of approval;
70% payable in 60 equal monthly amortization at 10% interest p.a. via PDCs.
The buyer has the option to pay the principal in advance subject to the re-computation of monthly amortization or take out from other bank, subject to processing conditions and applicable fees.