Alice Townhouse - Affordable Rent to Own in Lancaster New City

ALICE TOWNHOUSE – DETAILS REVIEW
Alice house at Lancaster New City is a 2-storey townhouse model that is perfect for newlyweds or house renters who would love to start their new life adventure in their first HOME. Alice Townhouse comes with 3 Bedrooms, 1 Toilet & Bath, Living Room, Dining Room, Kitchen Area and 1 car garage.
HOUSE MODEL: Alice House Model
FLOOR AREA: 40 square meters (538 sq. ft.)
TYPICAL LOT AREA: 40 square meters (538 sq. ft.)
HOUSE TYPE: Townhouse
BEDROOMS: Three (3) Bedrooms
TOILETS & BATH One (1) Toilet & Bath
CAR GARAGE: One (1) Car garage
BALCONY: None
ALICE FLOOR PLAN & ROOM DIMENSIONS:
Lot Dimensions
Length: 10 meters
Width: 4 meters
DIMENSIONS – GROUND FLOOR
Living-Kitchen: 10.85 sqm.
Bedroom 1: 6.20 sqm.

SECOND FLOOR DIMENSIONS
Bedroom 2: 7.05 sqm.
Bedroom 3: 6.30 sqm.
Toilet & Bath: 2.45 sqm.
PAYMENT TERMS:
Reservation Fee is non-refundable.
Bank financing @ 7.75% interest rate
Inhouse financing:18% interest rate for 5 years and 20% interest rate for 10 years.
Monthly amortization inclusive of MRI & fire insurances.
Monthly Downpayment is paid thru Post Dated Cheques (PDC) payable to Property Company of Friends, Inc.
Bank terms for OFW is up to 15 yrs only while locally employed has up to 20 yrs.
Price is subject to change without prior notice.
Developer will process your Bank loan. Just submit the requirements within 60 days.
Above interest rate are estimates and for reference only. Prevailing interest rate will apply upon loan take-out.
Processing fee includes transfer of title and other processing expense.
PRICES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Please ask for updated Pricelist.
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BANK FINANCING REQUIREMENTS:
BANK FINANCING – LOCALLY EMPLOYED (Both Buyer and Spouse if married)
1. 3 pcs. 1×1 ID picture
2. Two (2) Government-issued Valid ID
i.e. Passport, Driver’s License, PRC License, TIN card, SSS, Unified ID, Seaman’s Book, Postal ID, Voter’s ID
3. Marriage Contract (if married) / Birth Certificate (if single)
4. Tax Identification Number (TIN)
5. Proof of Billing or Barangay Certificate
6. Cedula
7. Certificate of Employment with Compensation
8. Income Tax Return (ITR)
9. Payslips (recent 3 months)
10. Post Dated Checks (for the monthly payment)
BANK FINANCING – OFW / IMMIGRANT (Buyer, Spouse and Attorney-in-fact)
1. 3 pcs. 1×1 ID picture
2. Two (2) Government-issued Valid ID i.e. Passport, Driver’s License, PRC License, TIN card, SSS, Unified ID, Seaman’s Book, Postal ID, Voter’s ID
3. Marriage Contract (if married) / Birth Certificate (if single)
4. Tax Identification Number (TIN)
5. Passport (front page and all pages with stamps)
6. Certificate of Employment with Compensation / Job Contract
7. Payslips (recent 3 months)
8. Post Dated Checks (for the monthly payment)
9. Special Power of Attorney (Consularized if signed abroad / Notarized if signed in the Phil