Description
Assume details -700k net to the owner/seller
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New buyer will pay direct to the developer
1.Transfer charges- 272,016.64
2. Redocs -100k unit
3. Redocs-100k parking
4. Reservation fee-30,000 unit
4. Reservation fee-10,000 parking
Total amount to be paid to developer
P512,016.64
Total CASH OUT is 1,212,016.64
For BANK LOAN buyer will apply:
Remaining balance for bank loan- 2,992,164.00 (unit)
Remaining balance for bank loan- 637,600(parking)
Total amount to be finance
P3,629,864.00
Big savings of more than 1M + and it's lower than the market value (developers price)
Map