Community Guru
Juvy Ann P Member Since: Oct 29, 2015

Updates:

 

Last September 12, 2017 the certified true copy of my Annual ITR for the year 2016 has been received by a Marketing Officer.  All requirements for the current year have been submitted.  All communications will be through her from this day forward.

 

The area is quite resistant to flooding as the province has recently been whipped by Typhoon Maring and it emerged as dry after the rains have subsided.

 

In the southern part of the island, one can choose to avoid this long wait and struggle with so many documents by signing up for lease-to-own-with-option-to-purchase condominium units.  For a smaller floor area the entire unit amount is Php 4,197,538 where monthly rate for a maximum of 10 years or 120 months will be at Php 34,979.48. Transfer taxes (6%) and other fees is set at Php 251,852.28 which are to be paid on the 120th month or the last month of payment.

 

Move-in procedures are fast -- 2 to 3 months only.  There is no bank loan required.  The developer will not ask if you have enough savings in a Mutual Fund agency as this is not a Pag-IBIG loan.  One may just have to pay amortization good for three months -- roughly Php 100,000.00. 

 

But one has to be a taxpayer to avail of this offer as this is for promotional purposes only.  Furthermore, there is a need to present two government-issued identification cards and picture.  Passports and the driver's license are acceptable.  Other documents that are necessary include a proof of billing, signed documents issued by the developer, advanced payment for the homeowners' association dues, and post-dated checks.

 

When these requirements are complete, the processing will take one month only.

 

How many Filipino freelancers can avail of these housing benefits at this time?