The most affordable CONDO UNITS in Cavite City, Philippines!
LOCATION
How It Benefits Buyers
The main reason why a rent-to-own agreement appeals to buyers is a financial one.
If buyers don’t yet have the down payment or the monthly income to qualify for a mortgage but believe they will within the next couple of years, a lease option allows them to accelerate the path to home ownership.
By signing a contract now, the buyer locks in a purchase price, which means no worrying about rising home prices.
The buyer also does not have to worry about coming up with the money for property taxes, private mortgage insurance or homeowners insurance, and the seller will usually continue to pay for and complete any maintenance and repairs on the home.
Finally, by living in the home before deciding to purchase it, a buyer has the advantage of a lengthy test drive on the home before jumping into a major financial commitment.
Best of all, if the buyer decides to walk away from the deal, the only consequence is the loss of that portion of the rent paid that was above market rate.
If the buyer ends up purchasing the property, the seller will credit part of the rent back to the buyer, often more than the portion of rent that was above market rate.
The main reason why a rent-to-own agreement appeals to buyers is a financial one.
If buyers don’t yet have the down payment or the monthly income to qualify for a mortgage but believe they will within the next couple of years, a lease option allows them to accelerate the path to home ownership.
By signing a contract now, the buyer locks in a purchase price, which means no worrying about rising home prices.
The buyer also does not have to worry about coming up with the money for property taxes, private mortgage insurance or homeowners insurance, and the seller will usually continue to pay for and complete any maintenance and repairs on the home.
Finally, by living in the home before deciding to purchase it, a buyer has the advantage of a lengthy test drive on the home before jumping into a major financial commitment.
Best of all, if the buyer decides to walk away from the deal, the only consequence is the loss of that portion of the rent paid that was above market rate.
If the buyer ends up purchasing the property, the seller will credit part of the rent back to the buyer, often more than the portion of rent that was above market rate.
UNIT LAYOUT
How You Can Rent to Own
In a lease option, you rent a property at a cost slightly above market rate. Prior to moving in, you agree on a potential purchase date and purchase price for the home. You may buy the property at any point during the rental period up until the lease option expires.
If you do purchase the property, the seller will credit part of your rent back to you, usually more than the portion of your rent that was above market rate. You can put this money toward a down payment and closing costs, or keep it. The purpose of the above-market rent is to give the seller an incentive to complete the transaction. If you do not purchase the property, all of the rent you paid remains with the seller/developer, giving the seller/developer an incentive for taking the property off the market during the time you were renting it.
HOW TO AVAIL OUR "RENT TO OWN" PROMO
JUST FOLLOW THESE 5 EASY STEPS:
1.Contact your Property Consultant.
Ms. Lalaine Del Monte
+63905-7815628/+63908-4404499
Email: [email protected]
2.Fill out a Lease Application Form.
3.Pay 1 month advance and 2 months security deposit.
4.Submit your 2 valid IDs and any proof of income.
5.Issue cash or post dated checks for 11 months rental fee.
You can move-in once your Lease Application is approved.
1.Contact your Property Consultant.
Ms. Lalaine Del Monte
+63905-7815628/+63908-4404499
Email: [email protected]
2.Fill out a Lease Application Form.
3.Pay 1 month advance and 2 months security deposit.
4.Submit your 2 valid IDs and any proof of income.
5.Issue cash or post dated checks for 11 months rental fee.
You can move-in once your Lease Application is approved.
PROJECT FEATURES/AMENITIES
AVAIL NOW!
Few Units Left!
FULLY FURNISHED PROMO for 2-Bedrooms
*19" LCD TV
*2 units of 1.0 HP Aircon
*2-seater sofa with side table
*4-seater Dining Table set
*Cook top
*Bedroom Closet
*6 Cu ft. Refrigerator
*Double size bed with mattress
*Single bed with mattress
ACACIA 2 Bedroom Loft
Total Contract Price : 2,338,100
Few Units Left!
FULLY FURNISHED PROMO for 2-Bedrooms
*19" LCD TV
*2 units of 1.0 HP Aircon
*2-seater sofa with side table
*4-seater Dining Table set
*Cook top
*Bedroom Closet
*6 Cu ft. Refrigerator
*Double size bed with mattress
*Single bed with mattress
ACACIA 2 Bedroom Loft
- 2 Bedrooms
- 1 Toilet and Bath
- Living, Dining, Kitchen
Total Contract Price : 2,338,100