PAGIBIG HOUSE FOR SALE

Pag-ibig Rent to Own Houses in Cavite Philippines

(+63) 908 884 7387 (Smart)

November 21, 2017

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House Buying Procedure

Step  1 – Contact Us thru email, chat, text or call.

Inquire about the village and model house price, location, payments computation etc.

Step  2 – Schedule your Tripping/House Viewing

Get a date. You may bring a xerox copy of Buyer’s ID, one month payslip or Job Contract so it can be evaluated once you decide to buy.

Step  3 – Reserve a Unit

Choose the location of block and lot.

Fill up:

  • Buyer’s Information Sheet (BIS) and
  • Reservation Agreement (RA) and
  • Other forms

Developer will then pre-evaluate Buyer’s capacity to pay base on payslip, ID, Job Contract or Latest financial statement.  If capable, you may now pay the reservation fee.

Step  4 – Buyer’s Appearance

You or authorized representative (Atty-in-Fact) must appear in person at Developer’s office in Makati for counseling and briefing within seven (7) days from reservation date. Failure to attend will cancel your reservation fee.

Step  5 – Pay your Monthly Downpayment or Equity

Follow the schedule of due dates of your downpayment given during reservation.

Step  6 – Submission of Requirements

Submit requirements within 60 days from reservation date. If some document  is not available, you must inform the office.

Step  7 – Loan Processing

Processing of loan is done after downpayment or equity term. Estimated process time is 3-4 mos., depending on status of house construction.

Step  8 – Loan Take-Out

Your loan is taken-out and payment will be released by Pagibig or Bank. Developer will inform you of loan take-out and guide on the next steps.  Payment schedule of monthly amortization and house inspection will be given.

Step  9 – Inspection

During inspection, check if house is ready for move-in.  If there are minor repairs or retouch , another re-inspection date will be set until house is acceptable.

Step  10  – Move-in

Finally your own new home.  Congratulations!

Back to Buying Guide

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