Thea Townhouse - Affordable Rent to Own in Lancaster New City

THEA TOWNHOUSE – DETAILS REVIEW
Thea house at Lancaster New City is a 2-storey townhouse model that comes with a balcony perfect for morning coffees or afternoon chill. Despite its size, Thea Townhouse has surprisingly large living spaces you may utilize that make it the ideal choice for young, growing families. It comes with 3 Bedrooms, 2 Toilet & Bath, Living Room, Dining Room, Kitchen Area, Balcony and 1 car garage.
HOUSE MODEL: Thea House Model
FLOOR AREA: 60 square meters (646 sq. ft.)
TYPICAL LOT AREA: 50 square meters (538 sq. ft.)
HOUSE TYPE: Townhouse
BEDROOMS: Three (3) Bedrooms
TOILETS & BATH Two (2) Toilet & Bath
CAR GARAGE: One (1) Car garage
BALCONY: Yes
FLOOR PLAN & ROOM DIMENSIONS:
Lot Dimensions
Length: 10 meters
Width: 5 meters
DIMENSIONS – GROUND FLOOR:
Living Area: 8.50 sqm
Kitchen/Dining: 6.90 sqm
Bedroom 1: 7.50 sqm
Toilet & Bath: 2.30 sqm
Stairway: 2.80 sqm
SECOND FLOOR DIMENSIONS
Bedroom 2: 9.90 sqm
Master’s Bedroom: 10.40 sqm
Toilet: 3.10 sqm
Balcony: 2.80 sqm
Stairway: 5.80 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 Compensatio