What are the documents required to acquire a property?
You will be required to submit the following standard document requirements: - Photocopy of Birth / Marriage Certificate - 2pcs 2x2 pictures (applicant/spouse/co-borrower) - Community Tax Certificate (applicant/spouse/co-borrower) - Proof of Billing Address - Postdated checks (for equity and amortization)
Can a foreigner / a Filipino with foreign citizenship own a house & lot property?
Unfortunately, a foreigner cannot own a house and lot property under the Philippine law. However, if he/she is married to a Filipina/Filipino, they can acquire a property with the accomplishment of the required Affidavit of Waiver. On the other hand, a Filipino with foreign citizenship can own a house and lot property with the accomplishment of the required Affidavit of Former Filipino Citizenship.
What are the restrictions for alterations, extensions, add-ons or customizations?
Extensions are allowed provided extension plans and layouts are submitted and approved by the production department handling the project. Extensions can be made like that for setbacks / open areas as well as fence / carports, but with corresponding additional costs and restrictions in terms of size, materials and finishing. These and other construction restrictions are placed to maintain the feature designs, beauty and balance within the master-planned community. Guidelines for residential constructions, renovations and additions can be discussed with the customer care personnel of the Crown Asia office handling the project.
What are my financing options?
A client can go for bank financing or in-house financing options, of which, different interest rates apply. On the other hand, spot cash buyers enjoy bigger discounts as high as 12%.
Aside from the TCP, what are the other fees I need to pay?
Other fees you will need to pay include the following: Move-in Dues -- Each homeowner is required a 1 year advance HOA payment before the issuance of move-in documents. Homeowners Association (HOA) Dues -- monthly dues for each house and lot owner includes payment for common services and facilities for all owners (securities, street lights, garbage collection). Construction Bond -- payment made by the homeowner to the developer to make sure that the former proceeds with the construction of the house in compliance with the guidelines on residential constructions, renovations and additions, and that the construction is made with utmost care with regards to common facilities / infrastructures within the community. Utilities like water, telephone and cable are charged separately by different utility companies servicing the project.
You will be required to submit the following standard document requirements: - Photocopy of Birth / Marriage Certificate - 2pcs 2x2 pictures (applicant/spouse/co-borrower) - Community Tax Certificate (applicant/spouse/co-borrower) - Proof of Billing Address - Postdated checks (for equity and amortization)
Can a foreigner / a Filipino with foreign citizenship own a house & lot property?
Unfortunately, a foreigner cannot own a house and lot property under the Philippine law. However, if he/she is married to a Filipina/Filipino, they can acquire a property with the accomplishment of the required Affidavit of Waiver. On the other hand, a Filipino with foreign citizenship can own a house and lot property with the accomplishment of the required Affidavit of Former Filipino Citizenship.
What are the restrictions for alterations, extensions, add-ons or customizations?
Extensions are allowed provided extension plans and layouts are submitted and approved by the production department handling the project. Extensions can be made like that for setbacks / open areas as well as fence / carports, but with corresponding additional costs and restrictions in terms of size, materials and finishing. These and other construction restrictions are placed to maintain the feature designs, beauty and balance within the master-planned community. Guidelines for residential constructions, renovations and additions can be discussed with the customer care personnel of the Crown Asia office handling the project.
What are my financing options?
A client can go for bank financing or in-house financing options, of which, different interest rates apply. On the other hand, spot cash buyers enjoy bigger discounts as high as 12%.
Aside from the TCP, what are the other fees I need to pay?
Other fees you will need to pay include the following: Move-in Dues -- Each homeowner is required a 1 year advance HOA payment before the issuance of move-in documents. Homeowners Association (HOA) Dues -- monthly dues for each house and lot owner includes payment for common services and facilities for all owners (securities, street lights, garbage collection). Construction Bond -- payment made by the homeowner to the developer to make sure that the former proceeds with the construction of the house in compliance with the guidelines on residential constructions, renovations and additions, and that the construction is made with utmost care with regards to common facilities / infrastructures within the community. Utilities like water, telephone and cable are charged separately by different utility companies servicing the project.