FOR IN-HOUSE FINANCING

Q: WHAT ARE THE QUALIFICATIONS TO BE ABLE BUY A HOUSE AND LOT AT HOLIDAY HOMES SUBDIVISION?

A: Gainfully employed individual or an individual with regular source of income from business that can afford to pay the required monthly amortization.

Q: HOW WILL I PAY MY MONTHLY AMORTIZATION?

One can pay by issuing post-dated checks for the monthly amortization to cover the term of the contract.

Q: IF I AM AN OVERSEAS WORKER HOW WILL I PAY MY MONTHLY AMORTIZATION?

  • You can send your post-dated checks directly to BJS Development Office at Makati and we will deposit your checks on the monthly due date. We will issue the corresponding Official Receipt as soon as the check is cleared;
  • You can also deposit your payments directly to our Peso/dollar savings account;
  • You can execute a SPECIAL POWER OF ATTORNEY (SPA) authorizing someone to be responsible in your behalf to pay your amortizations.

Q: WHEN WILL THE UNIT BE CONSTRUCTED?

A: The unit is constructed after paying four (4) months amortization and house construction will be completed in sixty(60) days.

Q: DO I HAVE TO WAIT THAT LONG?

If you want your unit constructed immediately you may pay the four (4) months amortization in advance or pay the 30% down payment.

Q: WHO WILL PAY FOR THE ELECTRIC AND WATER CONNECTION?

A: Water and Electric service connection fees and charges are for the account and responsibility of the buyer. Secure a Permit to Occupy (PTO) from the Project Engineer to be used for applying at Meralco and General Trias Water District.

Q: WHAT ARE THE OTHER FEES DUE WHEN ACQUIRING A PROPERTY AT HOLIDAY HOMES ?

  • Homeowner is automatically a member of the Homeowners Association. Prepare to pay P100 upon moving-in and thereafter pay P100 per month as monthly due;
  • Fire Insurance - your unit is automatically covered with a group fire insurance. Annual premiums are advanced by BJS but will be charged to you;"

    Realty tax
  • House and Lot Buyer should pay their taxes the year after occupying his/her unit
  • Lot only Buyer should pay taxes after title transfer

Q: IN CASE I NEED TO HOLD MY CHECK PAYMENT FOR THE MONTH THAT IS DUE,
HOW WILL I INFORM BJS?

A: Buyer should send a written notice (thru fax, e-mail) to Ms. Julita Cruz to hold the check for deposit 3 working days before due date. Check can be held only for a maximum of ten (10) days.

Q: I HAVE EXTRA CASH ON HAND AND WANT TO PAY IN ADVANCE TO REDUCE MY PRINCIPAL. HOW WILL I GO ABOUT THIS AND WHAT BENEFIT WILL I GAIN?

A: Buyer may pre-pay anytime within the term of the contract with a minimum amount equivalent to the five (5) months amortization and enjoy reduced monthly amortization.

Q: WHEN DO I GET THE TITLE IN MY NAME?

A: The title of your purchased property will be transferred to your name upon full payment of the contract and payment of the real property tax . All other expenses are for the account of BJS Development Corporation. The title will be available in 30-45 days.

Q: WHAT ARE THE REQUIREMENTS IF WE WANT TO RENOVATE OR MAKE IMPROVEMENTS ON OUR PROPERTY?

A: The homeowner should secure permit from the homeowners office before undertaking any construction and prepare to pay a P2,000.00 Performance Bond. The said bond will be refunded in full upon completion of the construction provided there is no violation on the property rights and building code.

PLEASE READ SECTION 3 (3.1 TO 3.6) OF OUR CONTRACT TO SELL FOR YOUR GUIDANCE ON THE 'RESTRICTIONS'.

 

FOR PAG-IBIG APPLICANT(S)

Q: WHO ARE QUALIFIED BORROWER?

  • PAG-IBIG member who had paid 24 monthly contributions.
  • You can be an INSTANT MEMBER by paying in advance the 24 months contribution.

Q: HOW MUCH IS THE LOANABLE AMOUNT?

A: Depends on the monthly NET INCOME and the APPRAISED VALUE of the HOUSE and LOT.

Q: WHAT ARE THE TERMS OF PAYMENT?

A:MAXIMUM of 30 YEARS ( but depends on the age of the borrower)

 

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