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Wellington Residences Erica - Pag-ibig Rent to Own Houses for Sale in Tanza Cavite

Pag-ibig Rent to Own Houses for Sale starting at Php 710,000.00 - Php 1M

SOLD OUT

Erica at Wellington Residences is a two storey townhouse pag-ibig rent to own houses for sale in Tanza Cavite. A rent to own houses located in Barangay Tres Cruzes about 14 minutes away from Puregold Tanza. Only one bus ride from Coastall Mall near Baclaran. Erica is delivered with basic finishing with one (1) toilet in ground floor and provision for (2) bedroom. Don’t miss this chance to own a home with low downpayment or equity. Only Php 5,000.00 to reserve.

SOLD OUT

About Erica

House Model Erica
House Type Townhouse
Village Name Wellington Residences
Condition: Brand New
Lot Area 40.25 square meter
Floor Area 31.50 square meter
Bedroom Provision 2
Toilet and Bath 1
Price Range Php 710,000.00 - Php 1M
Developer/Owner Duraville Realty and Development Corporation
Track Record
Address Tres Cruzes, Tanza, Cavite 4108

Erica Sample Computation▲

Applicant Housing Loan Qualification ▲

  1. Gross salary (husband & wife) meet the required amount.
    If salary is not enough, just get a co-borrower.
  2. Must be legally married to husband or wife.
    If divorce or wedding is annulled, must submit documents as proof.
  3. Multi-purpose loan payment with Pagibig is updated.
  4. Must be a Pagibig member for 2 years.
    If not yet a member, just apply for membership in Pagibig office near you.
  5. Must have paid 24 months contribution.
    If contribution has not reach 24 mos, just pay the balance in lumpsum or one time payment in Pagibig office near you.
  6. Your age is between 21 – 65 yrs. old.
    Must check that loan maturity is up to 70 yrs old only.

Erica Payment, Terms & Conditions▲

1. Available Financing / Acceptable Payment Scheme:

  1. Pagibig  (HMDF) – Developer will process your loan with Pag-ibig
  2. In-house Financing (IHF) – Developer will extend the loan to Buyers

2.  Total Contract Price – includes Title transfer cost and part of miscellaneous expenses

3.  Reservation Fee (RF) - Accept  Cash and Check only.  Reservation fee is not refundable and not transferable.

4.  Required Downpayment (DP) or Equity  - Buyer may deposit DP cash payment thru Developer’s Bank.  Scan email the deposit slip to us for encoding.

  • Pagibig  – in accordance to existing guidelines.  No interest

5.  Amortization Interest Rate & Terms  –  Amortization is not refundable and not transferable

  • Pagibig  –  Monthly amortization is computed at:
    • 8% per year.  Fixed rate for 3 yrs.
    • Amortization amount is subject to reprising after 3 years as per Pag-ibig policy.
    • Amortization amount does not include other fees such as MRI insurance, Pag-ibig monthly contribution, etc.
    • The exact monthly amortization will be determined during loan processing.
    • Maximum loan term is up to 30 yrs.
    • Inhouse  – Monthly amortization is computed at:
      • 12% interest/year for 5 yrs.
      • 16% interest/year for 10 yrs.
      • 18% interest/year for 15 yrs.

6.  Schedule of Payments

  • Reservation Fee – valid for 30 days
  • DP /Equity  – 30 days after official reservation
  • Monthly Amortization – after loan take-out by Pagibig
  • Deferred Cash – 30 days after reservation. 

7.  Discounts

  • Full payment of DP or Equity
    • Pagibig Financing – NO discount
    • Full payment of Total Contract Price (TCP)  - for Pagibig & Inhouse Financing
      • 5% discount if paid within 15 days
      • 4% discount if paid within 30 days

8.  Other Fees to Pay Separately

  • One month advance Pagibig amortization
  • Homeowner Association (HOA) Membership and dues,
  • Water connection and other expenses
  • Meralco connection will be personally paid & applied by the Buyer
  • Construction Bond Amount – to be paid 30 days before start of construction.  This is refundable If there is no damage after construction. The premium of the bond will be deducted.
    • Estimated Amount:  Php 10,000.00 – house improvement

9.  Required Documents During Reservation - No Documents,  No Reservation

  • Locally Employed -  2 Valid ID and  Latest one (1) month payslip
  • OFW -  2 Valid ID & Job Contract or Latest one (1) month payslip
  • Self-Employed – 2  Valid IDs and Latest financial Statement

10.  When can Buyer move-in?

  • Pagibig Financing – Buyers are allowed to move-in only after full equity & loan released
  • Inhouse Financing  - Buyers are allowed to move-in after full DP and isuance of Postdated Checks

11.  Construction of the house

  • Pagibig Financing – to be determine by the Developer
  • Inhouse Financing – after payment of full downpayment

12.  Restrictions on House Improvement  - Buyer must submit sketches of house improvement to Developer’s office for approval. No deletion on any part of the house is allowed.

13.  Prices of house and lot are not always the same.

  • Price of end unit, corner lot, main road and near amenities units are higher than inner lot.
  • House and Lot prices will NOT be the same, as it varies and depends on lot orientation.
  • Prices are subject to change without prior notice.
  • Always verify all amounts in the computation with us if they are still available or not.

Erica Floor Plan▲

Erica Actual Turn Over House Finishes▲

  • Floor  – Ground floor -  Plain cement finish.  No floor tiles.
  • Interior Walls  - Plastered – One Coat of Paint
  • Exterior Walls  - Two Coats of Paint
  • Windows  Front -  Aluminum Sliding Windows with Steel Windows Grill
  • Windows  Back -  Aluminum Sliding Windows with Steel Windows Grill
  • Windows  Sidewall – Aluminum Sliding Windows with Steel Windows Grill
  • Ceiling on Ground Floor  -  Gypsum Board for Interior Ceiling
  • Toilet & Bathroom  -  With floor tiles and one layer tiles on wall, with bowl and lavatory. One paint coating
  • Bedroom  -  Two Bedroom Partition
  • Stairs -  Steel Staircase
  • Kitchen Counter -  Tiled Kitchen Counter with Stainless Kitchen Sink
  • Roofing – Long Span Colored Roof on Steel Framing
  • Doors – Main Door:  Flush Metal Door, Service Entry - Flush Metal Door

Erica Actual Turn-over Photos▲

Please take note that these are actual turn-over. Buyers are free hand, in improving their house exactly how they plan it to be.

Erica Dressed-up Photos▲

Dressed-up photos are presented as ideas or suggestions on how to improve, decorate and furnish your unit. You may imitate or copy the design free of charge.

Wellington Residences Google Map▲

Wellington Residences Master Plan▲

Wellington Residences Location Map▲

How to Reach Wellington Residences▲

Route  1: From Baclaran

  • Ride bus  with signboard Naic or Ternate or Maragondon
  • Get off at Sahud Ulan along Antero highway.
  • Take tricycle going to Wellington Residences

Learn more about Wellington Residences, where your new life begins. Allow us to help you find the home you dream for your family. As starter, tripping vehicle, viewing assistance and computation request is FREE and No Charge. Get your schedule now by emailing:   inquire@pagibighouseforsale.com.  Or call or text us at  (+63) 908 884 7387 (Smart) / (+63) 917 530 5817 (Globe)

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