Description:
Foreclosed House in Bacood, Sta Mesa, Manila
Bedrooms: 4
Bathrooms: 3
Floor Area: 500 sq. m.
Lot Area: 589 sq. m.
Terms and Conditions:
Sale is "AS IS WHERE IS"
Payment is either in Cash or Bank Financing
Bank Financing
*subject to credit investigation and management approval
*30% down payment
*balance payable monthly subject to prevailing bank's interest rate.
*Documents required:
1. Duly accomplished Offer To Purchase
2. Government-issued I.Ds, i.e. Passport, Driver's License, Postal ID, PRC ID
3. In case BUYER is a corporation:
a. SEC REGISTRATION
b. Articles of Incorporation
c. By-Laws
d. Board Resolution/Secretary's Certificate Authorizing the Purchase of the
Property and specifying the Authorized Signatories, who shall submit
government issued IDs
Payment of Taxes and Fees:
1. Creditable Withholding Tax; Real Estate Property Tax, Association and/or Condo dues up to the date of sale, Business Tax, if any (for the sale of the property) shall for the account of the SELLER
2. Documentary Stamps Tax; Transfer Tax; Registion Fee; Notarial Fee; Real Estate
Tax, association and/or Condo dues after the date of sale; VAT, if any, shall be for
the account of the BUYER.
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