"Trust in the LORD with all your heart, and lean not on your own understanding; in all your ways acknowledge Him, and He shall direct your paths."
Proverbs 3:5-6
Proverbs 3:5-6
Owning a house and lot is worth an investment and accomplishment so give yourself or family a lifetime gift where you can cherish your bonding moments!
FREQUENTLY ASKED QUESTIONS
1. Who can avail a house and lot?
Any individual of legal age, who has the financial capability, currently employed, OFW, those in business or any individual who has money, proof of income or substantial source of income can buy a house and lot whether locally based in the Philippines or overseas.
2. Why should I choose real estate among other investments?
Because real estate is a hard asset or tangible investment. It will always maintain its value, usually price increases as time pass by, never does it depreciate in value. It is one of the safer investments and it is a hedge against inflation. Real estate is also a good addition to your portfolio of assets and investments, it could be a source of income (house for rent). For Filipinos who dream of owning a home, real estate gives pride of ownership, a testament to years of hard work and achievements, and a possession that can be passed on for generations.
3. Why should I buy real estate in the Philippines?
Philippines is a rich tropical archipelago that continues to enjoy a warm, sunny climate ideal for any type of activity — for work, traveling, or even starting a family. Philippine real estate as well as cost of living are still more affordable than properties overseas. For Filipinos, there is no place like home.
4. Why should I choose a pre-selling property?
Buying a property during its pre-selling stage gives you the best deal in terms of pricing which is usually lower than ready for occupancy house units. Its value will naturally increase upon completion. Additionally, you will be given many options for your unit or house and lot in terms of location, floor, layout and inclusions.
5. What are the types of house units that you offer?
We offer 1-storey, 2-storey, and 3-storey house units. We have single detached, single attached, townhouse, duplex, row house units, medium and high-rise residential condominiums.
6. Where are the locations of your house & lot?
We have available house units within Metro Manila, Cavite, Rizal, and Laguna. Our focus now is Cavite but we accept other areas as mentioned earlier.
7. What will I do if I am interested to buy?
Please contact us through E-mail, text message or call us for inquiries to schedule for a FREE tripping to see the actual house unit and location. We can be contacted through any of the following:
a. Through E-mail: [email protected] or [email protected]
b. Mobile unit: 09392369981
c. YM: vcbhouse
d. Through our website:http://vcbsmarthomes.weebly.com or Facebook: http://www.facebook.com/vinsmarthouse
8. What is your usual procedure?
Buying a house and lot unit is quite a tedious thing to do but we made it simple for you.
a. Choose a house unit based on your house type, house size, location, and budget. Contact us to inquire details, sample computation, etc. about the house unit.
b. We will schedule for a free tripping for you to see the actual house unit and its location. Actual computation based on your mode of payment and all requirements will be provided once you chose a house unit to buy.
c. The buyer will then reserve the house unit by paying the reservation fee. This is nonrefundable but deducted from the house price. Our developer requires you to reserve it because it implements "FIRST COME, FIRST SERVE BASIS," whoever is the first one to reserve a unit, no one will acquire it.
d. A buyer’s registration sheet and other documents will be filled out for the chosen house unit.
e. You now start to accomplish the required documents and submit to our developer's office. We will assist you on these things. Documentary requirements must be submitted within the prescribed period required by the developer. Any delay of submission will delay the processing especially if you acquire through a housing loan like Pag-Ibig, Bank or In-House financing.
f. The buyer will be advised when to start to pay the equity or downpayment monthly amortization which is usually 30 days from the date of reservation and financing institution monthly amortization which usually starts after equity or downpayment is fully paid.
It would be hassle free for the buyer because our developer will be the one to process your housing loan through Pag-Ibig, Bank or In-House. No need to individually process and follow up. Our developer will be the one to transact for you with 100% approval rate as long as you submit the needed documentary requirements on time.
9. I work abroad (or live abroad) and I'm interested to buy a house and lot, is it possible?
Yes.
a. Visit our website and choose the house unit you want to buy. Contact us to inquire the details about the chosen house unit. You will be provided with all information like house price, mode of payments, etc.
b. If you are decided to buy the chosen house unit, we require you to have your nearest kin or trusted representative who presently resides in the Philippines, may be parents, brothers or sisters, sons or daughters, grandchildren or TRUSTED relatives, who will act on your behalf (as SPA) to see the actual house unit and location through our FREE tripping and also to accomplish the necessary documents for you. However, you can also have a tripping during your vacation or before departure, just inform us.
c. After the tripping, you representative will provide you the details and if you are decided to buy the house
and lot, your representative will be the one to reserve it for you. The documentary requirements will be provided to your representative for you and your representative to accomplish. We will assist your representative in processing.
d. All documents should be submitted the soonest possible time to expedite processing of house unit especially if acquired through a housing loan.
e. You will also be advised when to start paying for your equity or downpayment and financing monthly amortization.
10. How much is the reservation fee?
Basically, it ranges from PhP 5,000.00 to PhP 60,000.00 depending on the house unit you choose. Some developers offer discounts on reservation fees.
11. What are the payment schemes that your developers offer?
Our developers offer in-house financing, Pag-Ibig financing, bank financing, discounted cash and deferred cash payments. You can also pay your house in 1 or 2 years without interest through deferred payment of some developers.
12. What are the terms of payments of a housing loan that I can choose from?
a. For in-house financing, usually 5 years to pay up to 10 years to pay. Some developers offer 1, 2 or 3 years or even 15 years to pay.
b. For Pag-Ibig financing, it is usually 5 years to pay up to 30 years to pay (5, 10, 15, 20, 25, 30 years).
c. For bank financing, 3 years to pay up to 20 years to pay (3, 5, 10, 15, 20 years).
The buyer must choose the payment term based on financial capability in order to enjoy great savings especially for cash payments or if shorter payment term and also to avoid penalties on delayed payments if through a housing loan.
13. Do you offer discounts?
Yes. House and lot units obtained through cash enjoy great discounts. Downpayment also paid in cash has discounts. Discount percentages vary per developer.
14. When will I start to pay my equity or downpayment?
It usually starts 30 days from the date of reservation and commence thereafter. You are required to submit post dated checks (PDC) based on the number of months you chose for your equity or downpayment amortization.
15. I do not have a checking account.
Most developers provide a referral for you to open a checking account or choose one that is most convenient for you.
16. Is the equity or downpayment and monthly amortization of the loan paid simultaneously?
No. Usually, the equity or downpayment is fully paid first before the monthly amortization of the loan amount starts.
17. What are the requirements for your housing loan?
Click here to see the requirements.
18. Can I transfer location or ownership of my house unit?
It depends on our developer. If they allow, they normally let you pay a corresponding fee to cover transfer of rights and change of unit or financing scheme. These are some of the reasons why the buyer MUST be sure of the unit to buy and name in order to avoid this to happen.
19. What is the usual completion of the house unit?
Completion of house units depends on your need, mode of payment and house status whether ready for occupancy or on its preselling stage.
a. For those who need ready for occupancy (RFO) house units, house completion is usually from 1 to 3 months for cash payments and 3 to 6 months for those obtained through financing depending on the developer. This will give you ample time for final house finishing of the house by the developer as the house unit is already constructed, inspection of the house unit by the buyer before moving in, accomplish the necessary requirements, and payment of equity or downpayment for those who avail the house unit through a housing loan. Usually, the equity or downpayment terms for ready for occupancy house units are shorter as compared to pre-selling house units. RFO house units are usually limited in a subdivision or are available in subdivisions where almost all house units are sold out or repopen units.
b. For pre-selling house units, completion is from 6 to 12 months, 12 to 15 months, 15 to 18 months or 18 to 36 months. For those who avail their house units through cash payments, it is usually 9 to 12 months. This will give you time to accomplish the necessary documentation requirements, construction and house finishing of the house unit by the developer, inspection of the house unit prior to move in; and more time to pay for the down payment for those who avail their house unit through a housing loan so that it will not to be simultaneously paid with the monthly loan amortization.
Choose one that is most convenient for you based on your plans of move-in and budget. Pre-selling house units are generally more affordable as compared to ready for occupancy house units.
20. When will I move in to my house unit?
For in-house financing:
a. A buyer will be allowed to move in if down payment is fully paid, post dated checks for monthly amortization have been issued and all documentary requirements are complied with.
b. Buyer should secure the Authority/Clearance to Inspect upon the receipt of Notice of Completion (NOC). The developer will give the buyer a certain period to inspects the constructed house unit and anything the buyer wants to be fixed within the given period will be done by the developer at no cost but beyond the given period, anything that the buyer wants to be fixed will be at his/her own expense. So, it is important to check the unit within the prescribed period in order not to incur additional expenses.
c. Buyer must secure Authority to Move In from the developer's office upon the receipt of Certificate of House Acceptance from the site.
d. Unit is considered 100% complete once accepted by the buyer.
e. Early Move-in: Unit is ready to be occupied; monthly amortization will start 30 days from the date of Clearance of Inspection (CFI).
For Pag-Ibig Financing: The buyer will move in if there is a take out order from Pag-Ibig (No take out, no move in policy).
21. Who will pay for the annual real property taxes, TCT transfer and registration?
The buyer is bound to pay the real estate taxes and special taxes levied or that may be levied on the property during the time the CTS is in force when they become due and payable, including the corresponding surcharge and penalties in case of delinquency. Real property tax, as mandated by Philippine Bureau of Internal Revenue, is usually paid at the treasurer’s office (cashier’s office) of the municipality where your house unit is located (usually on a yearly basis and amount is determined by the municipality tax system).
Should you have other questions, please contact us here.
THANK YOU VERY MUCH!
Go to HOME PAGE
Any individual of legal age, who has the financial capability, currently employed, OFW, those in business or any individual who has money, proof of income or substantial source of income can buy a house and lot whether locally based in the Philippines or overseas.
2. Why should I choose real estate among other investments?
Because real estate is a hard asset or tangible investment. It will always maintain its value, usually price increases as time pass by, never does it depreciate in value. It is one of the safer investments and it is a hedge against inflation. Real estate is also a good addition to your portfolio of assets and investments, it could be a source of income (house for rent). For Filipinos who dream of owning a home, real estate gives pride of ownership, a testament to years of hard work and achievements, and a possession that can be passed on for generations.
3. Why should I buy real estate in the Philippines?
Philippines is a rich tropical archipelago that continues to enjoy a warm, sunny climate ideal for any type of activity — for work, traveling, or even starting a family. Philippine real estate as well as cost of living are still more affordable than properties overseas. For Filipinos, there is no place like home.
4. Why should I choose a pre-selling property?
Buying a property during its pre-selling stage gives you the best deal in terms of pricing which is usually lower than ready for occupancy house units. Its value will naturally increase upon completion. Additionally, you will be given many options for your unit or house and lot in terms of location, floor, layout and inclusions.
5. What are the types of house units that you offer?
We offer 1-storey, 2-storey, and 3-storey house units. We have single detached, single attached, townhouse, duplex, row house units, medium and high-rise residential condominiums.
6. Where are the locations of your house & lot?
We have available house units within Metro Manila, Cavite, Rizal, and Laguna. Our focus now is Cavite but we accept other areas as mentioned earlier.
7. What will I do if I am interested to buy?
Please contact us through E-mail, text message or call us for inquiries to schedule for a FREE tripping to see the actual house unit and location. We can be contacted through any of the following:
a. Through E-mail: [email protected] or [email protected]
b. Mobile unit: 09392369981
c. YM: vcbhouse
d. Through our website:http://vcbsmarthomes.weebly.com or Facebook: http://www.facebook.com/vinsmarthouse
8. What is your usual procedure?
Buying a house and lot unit is quite a tedious thing to do but we made it simple for you.
a. Choose a house unit based on your house type, house size, location, and budget. Contact us to inquire details, sample computation, etc. about the house unit.
b. We will schedule for a free tripping for you to see the actual house unit and its location. Actual computation based on your mode of payment and all requirements will be provided once you chose a house unit to buy.
c. The buyer will then reserve the house unit by paying the reservation fee. This is nonrefundable but deducted from the house price. Our developer requires you to reserve it because it implements "FIRST COME, FIRST SERVE BASIS," whoever is the first one to reserve a unit, no one will acquire it.
d. A buyer’s registration sheet and other documents will be filled out for the chosen house unit.
e. You now start to accomplish the required documents and submit to our developer's office. We will assist you on these things. Documentary requirements must be submitted within the prescribed period required by the developer. Any delay of submission will delay the processing especially if you acquire through a housing loan like Pag-Ibig, Bank or In-House financing.
f. The buyer will be advised when to start to pay the equity or downpayment monthly amortization which is usually 30 days from the date of reservation and financing institution monthly amortization which usually starts after equity or downpayment is fully paid.
It would be hassle free for the buyer because our developer will be the one to process your housing loan through Pag-Ibig, Bank or In-House. No need to individually process and follow up. Our developer will be the one to transact for you with 100% approval rate as long as you submit the needed documentary requirements on time.
9. I work abroad (or live abroad) and I'm interested to buy a house and lot, is it possible?
Yes.
a. Visit our website and choose the house unit you want to buy. Contact us to inquire the details about the chosen house unit. You will be provided with all information like house price, mode of payments, etc.
b. If you are decided to buy the chosen house unit, we require you to have your nearest kin or trusted representative who presently resides in the Philippines, may be parents, brothers or sisters, sons or daughters, grandchildren or TRUSTED relatives, who will act on your behalf (as SPA) to see the actual house unit and location through our FREE tripping and also to accomplish the necessary documents for you. However, you can also have a tripping during your vacation or before departure, just inform us.
c. After the tripping, you representative will provide you the details and if you are decided to buy the house
and lot, your representative will be the one to reserve it for you. The documentary requirements will be provided to your representative for you and your representative to accomplish. We will assist your representative in processing.
d. All documents should be submitted the soonest possible time to expedite processing of house unit especially if acquired through a housing loan.
e. You will also be advised when to start paying for your equity or downpayment and financing monthly amortization.
10. How much is the reservation fee?
Basically, it ranges from PhP 5,000.00 to PhP 60,000.00 depending on the house unit you choose. Some developers offer discounts on reservation fees.
11. What are the payment schemes that your developers offer?
Our developers offer in-house financing, Pag-Ibig financing, bank financing, discounted cash and deferred cash payments. You can also pay your house in 1 or 2 years without interest through deferred payment of some developers.
12. What are the terms of payments of a housing loan that I can choose from?
a. For in-house financing, usually 5 years to pay up to 10 years to pay. Some developers offer 1, 2 or 3 years or even 15 years to pay.
b. For Pag-Ibig financing, it is usually 5 years to pay up to 30 years to pay (5, 10, 15, 20, 25, 30 years).
c. For bank financing, 3 years to pay up to 20 years to pay (3, 5, 10, 15, 20 years).
The buyer must choose the payment term based on financial capability in order to enjoy great savings especially for cash payments or if shorter payment term and also to avoid penalties on delayed payments if through a housing loan.
13. Do you offer discounts?
Yes. House and lot units obtained through cash enjoy great discounts. Downpayment also paid in cash has discounts. Discount percentages vary per developer.
14. When will I start to pay my equity or downpayment?
It usually starts 30 days from the date of reservation and commence thereafter. You are required to submit post dated checks (PDC) based on the number of months you chose for your equity or downpayment amortization.
15. I do not have a checking account.
Most developers provide a referral for you to open a checking account or choose one that is most convenient for you.
16. Is the equity or downpayment and monthly amortization of the loan paid simultaneously?
No. Usually, the equity or downpayment is fully paid first before the monthly amortization of the loan amount starts.
17. What are the requirements for your housing loan?
Click here to see the requirements.
18. Can I transfer location or ownership of my house unit?
It depends on our developer. If they allow, they normally let you pay a corresponding fee to cover transfer of rights and change of unit or financing scheme. These are some of the reasons why the buyer MUST be sure of the unit to buy and name in order to avoid this to happen.
19. What is the usual completion of the house unit?
Completion of house units depends on your need, mode of payment and house status whether ready for occupancy or on its preselling stage.
a. For those who need ready for occupancy (RFO) house units, house completion is usually from 1 to 3 months for cash payments and 3 to 6 months for those obtained through financing depending on the developer. This will give you ample time for final house finishing of the house by the developer as the house unit is already constructed, inspection of the house unit by the buyer before moving in, accomplish the necessary requirements, and payment of equity or downpayment for those who avail the house unit through a housing loan. Usually, the equity or downpayment terms for ready for occupancy house units are shorter as compared to pre-selling house units. RFO house units are usually limited in a subdivision or are available in subdivisions where almost all house units are sold out or repopen units.
b. For pre-selling house units, completion is from 6 to 12 months, 12 to 15 months, 15 to 18 months or 18 to 36 months. For those who avail their house units through cash payments, it is usually 9 to 12 months. This will give you time to accomplish the necessary documentation requirements, construction and house finishing of the house unit by the developer, inspection of the house unit prior to move in; and more time to pay for the down payment for those who avail their house unit through a housing loan so that it will not to be simultaneously paid with the monthly loan amortization.
Choose one that is most convenient for you based on your plans of move-in and budget. Pre-selling house units are generally more affordable as compared to ready for occupancy house units.
20. When will I move in to my house unit?
For in-house financing:
a. A buyer will be allowed to move in if down payment is fully paid, post dated checks for monthly amortization have been issued and all documentary requirements are complied with.
b. Buyer should secure the Authority/Clearance to Inspect upon the receipt of Notice of Completion (NOC). The developer will give the buyer a certain period to inspects the constructed house unit and anything the buyer wants to be fixed within the given period will be done by the developer at no cost but beyond the given period, anything that the buyer wants to be fixed will be at his/her own expense. So, it is important to check the unit within the prescribed period in order not to incur additional expenses.
c. Buyer must secure Authority to Move In from the developer's office upon the receipt of Certificate of House Acceptance from the site.
d. Unit is considered 100% complete once accepted by the buyer.
e. Early Move-in: Unit is ready to be occupied; monthly amortization will start 30 days from the date of Clearance of Inspection (CFI).
For Pag-Ibig Financing: The buyer will move in if there is a take out order from Pag-Ibig (No take out, no move in policy).
21. Who will pay for the annual real property taxes, TCT transfer and registration?
The buyer is bound to pay the real estate taxes and special taxes levied or that may be levied on the property during the time the CTS is in force when they become due and payable, including the corresponding surcharge and penalties in case of delinquency. Real property tax, as mandated by Philippine Bureau of Internal Revenue, is usually paid at the treasurer’s office (cashier’s office) of the municipality where your house unit is located (usually on a yearly basis and amount is determined by the municipality tax system).
Should you have other questions, please contact us here.
THANK YOU VERY MUCH!
Go to HOME PAGE