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Golf Quotes
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Payment Options, Fees and Discounts for the Purchase of Real Estate
Properties in the Philippines
| Fees involved when purchasing a property |
- Reservation fee
- Move-in fee and Construction bond (only applies when purchasing
a house and lot)
- Title processing fee or transfer fee
- Association dues
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| Payment options when purchasing a property |
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Full Total Contract Price or Down payment
- Cash
- Personal check from a local bank
- Money Transfer
Monthly Payments if paying through financing
Reservation Fee
- Cash
- Personal Check from a local bank
- Money Transfer
- Some projects also accept Credit Card payments (VISA or MasterCard)
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| Saving Tips when purchasing a property |
- Paying the Full Total Contract Price
- In most cases, you may get a discount
of up to 10% on the total contract price if you
pay in full, depending on the terms of your chosen property. You
also avoid the high interest payments associated with paying through
financing.
- Paying the Down Payment - In most
cases, you may get a discount
of up to 7% on the down payment if you pay the down
payment in full, depending on the terms of your chosen property.
Remember that the higher your down payment, the lower your monthly
payments. You may also pay off the remainder of your balance anytime
during the tenure to save on interest payments.
- Paying the Reservation Fee - In most
cases, you may get a discount
of up to 5% on the down payment if you pay the down
payment in full within a specified number of days after paying
the reservation fee, depending on the terms of your chosen property.
- Going to Open Houses - In most cases,
there are added discounts during open houses. Check our Announcements
page for open house, or contact us to see when the next open
house of your chosen property will be.
Original copyright by Golf Living Philippines. |
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