Houses at Brookfield,Lapu Lapu,Mactan,Cebu,Philippines.
Brookfield is right where beaches are part of the natural landscape,is designed to attract kindred spirits in search of fellowship…
Picture your children playing with the kids next door,or sharing a laugh with the neighbors over barbeque and drinks…It’s all about community at Brookfield.
Amenties include landscaped entrance,elegant guard house with tower,park and playground,concrete roads with street signages,cemented sidewalks with street lights,cemented curbs and gutters,underground drainage,tree lined concrete access road,MCWD supplied water distribution,electrical power,perimeter fence, tennis court,basketball court,multi purpose hall,parking,telephone,cable TV.
Click here for Prices/List of the Available Lease to Own > "Availability"
Qualification for Lease to Purchase
1. To sign up to a LEASE-to-PURCHASE Agreement.
2. The lease shall be at least a 1 year contract.
3. The lessee to pay 2 months advance and 3 months security deposit.
4. Have an Option Period of 1 YEAR,to decide whether to purchase the house.
5. If undecided to purchase upon end of the 1 YEAR option,the contract will remain a lease agreement and may be renewed or terminated as required.
6. If lessee decides to purchase the house,the amount paid as rent/lease for the whole year shall be applied as per below "Financing Options for Lease to Purchase"
Financing Options for Lease to Purchase (LTP)
In-House Financing : Minimum of 10% Lumpsum on the 13th month, and payments made during the lease period will be deducted as discount from the original TCP, thus a NEW TCP (discounted) will be used upon issuance of the contract to sell.
Bank Financing : 30% Downpayment - Pay Lumpsum the loan difference on the 13th month (TCP less LTP payments less Approved Bank Loan)
Pag-Ipig Financing : 37% Downpayment - Pay Lumpsum the loan difference on the 13th month (TCP less LTP payments less Approved Pag-Ipig Loan)
Provident Fund : Financing shouldered by the client’s company.
(Case to case basis,subject to approval by management)
Terms for Outright Purchase
• RFO : 15% DOWNPAYMENT,payable in 3 to 6 months without interest
• 30% down payment with 2.5% discount if paid in 30 days and the balance
through inhouse financing.
• 51% with 2.5% discount if paid in 30 days or payable in 3 months at no interest.
• The 49% balance payable in 2 years at at 11% per annum,3 to 5 years at 12%
