Requirements for Documentation

1. Copy of unexpired valid ID (husband and wife if married).
2. Copy of unexpired passport OR sedula (husband and wife if married).
3. Copy of marriage contract if married.
4. Two kinds of proof of billings with the same address at Philippine address (electric bill, water bill, telephone bill, utility bills) not necessarilly under buyers name.
5. Special Power of Attorney (SPA) if buying thru representative authorizing the SPA to sign the documents in behalf of the buyer.

Term

Installment Sale:

20% Downpayment payable within six months; 80% balance payable as follows:

a. Within 2 years in 24 equal monthly installment at zero interest (must be covered with post-dated checks).
b. Within 5 to 10 years at 14% interest per annum. First year zero interest (must be covered with dated checks).

Discounts

Cash Sales:

a. 12% Discount on the Total Contract Price if paid within 7 days.
b. 10% Discount on the Total Contract Price if paid within 30 days.
c. 7% Discount on the Total Contract Price if paid within 60 days.
d. 5% Discount on the Total Contract Price if paid within 90 days.

Installment Sale:

a. 10% Discount on the Downpayment if paid within 7 days.
b. 7% Discount on the Downpayment if paid within 30 days.
c. 5% Discount on the Downpayment if paid within 60 days.