Cecilia Village, La Huerta, Paranaque City Foreclosed House and Lot for Sale

Property Description

Foreclosed House and Lot for Sale!
Location: Lot 17-B Blk. 1 Jade St., Cecilia Village, La Huerta, Paranaque City.
Description: House & Lot Area (sqm): LA -80 / FA -123
Selling Price: PhP 1,636,525.17
Sample computation of a bank loan
Price = 1,636,525.17
Down payment (20%) = 327,305.03
Principal Loan Amount = 1,309,220.14
Monthly Amortization = Php13,084.98
15 yrs to pay @ 8.75% interest per annumfixed for 3 years

Notes:
Loan Term (Years) 15.00
Annual Interest Rate 8.75%
Down payment (%) 20.00%

Disclaimer:
– This computation is provided just to give you an idea on how much you will pay monthly for your principal loan.
– Other costs,expenses,misc. charges,processing fees,insurance,taxes etc., are not included in the computation above.
– The actual amount will be provided by the bank/financial institution.

List of Requirements:
Individual Buyer:
1. Certificate of Employment indicating compensation
2. Latest Income Tax Return
a. BIR Form 2316
b. BIR Form 1703 (For those with foreign-sourced income)
c. BIR Form 1701 (For this with business and compensation income)
3. Photocopy of valid ID
4. Photocopy of Marriage Contract (For married applicants)
5. If applicable, Special Power-of-Attorney (notarized by Philippine Consular Office if issued abroad)
6. Tax Identification Number or SSS Number or Passport Number
Corporate Buyer:
1. Original Board Resolution and/or Secretary’s Certificate authorizing the purchase and appointing the signatory for the corporation
2. SEC Registration
3. Articles of Incorporation and By-laws
4. Latest Income Tax Return (BIR Form 1702)
5. Latest Audited Financial Statement
6. Photocopy of valid ID of the signatory
7. Community Tax Certificate of the company and signatory
8. Tax Identification Number of the company and signatory