FIL-ESTATE REALTY SALES ASSOCIATES INC. FERSA

In order to buy property in the Philippines, you must:

* Either be a) a Filipino Citizen, b) a natural-born Filipino Citizen who lost his/her Filipino citizenship through naturalization in another country, c) a Filipino by dual-citizenship, or d) a foreign national married to a Filipino Citizen. For individuals classified under b, c or d, he/she may purchase a parcel of land not exceeding one thousand (1,000) square meters in area and for residential purpose only. A foreign national may purchase a house and lot provided the property is under the name of a company registered in the Philippines, but he/she can purchase a condominium unit under his/her name.
* Have the financial ability to make the payment for the property, whether in full or through financing.
* Be at least 18 years of age and able to do acts with legal effects.
(See also the Document Requirements and The Balikbayan Act)\

STEP 1 - Arrange for an appointmoent

* Download the Prospect’s Appointment Slip (PAS) and write the name of the property you are interested in . Download the Prospect’s Appointment Slip (PDF file, 253kb)
* Set an appointment for a project presentation and site orientation.
* Get the final computation for your payments.

If you live abroad:
If you have a representative in the Philippines, such as a trusted relative or friend, you can obtain a Special Power of Attorney (S.P.A.) from the Philippine Embassy in your country of residence, and designate that person to represent you in purchasing a property.

If you have no representative in the Philippines, you may browse through the website to know about the available properties, call us long distance, or send us an inquiry, and we will reply to your questions the best we can. You can also make an appointment with us the next time you visit the Philippines.

STEP 2 - Make the necessary payments.

You may:
A. Reserve the property
Download the Reservation Application (RA) & Pay the reservation fee in cash or in check or thru money transfer. Some projects may accept credit card payments (Master or Visa Card) The reservation fee is non-refundable.
(Download Reservation Application (RA).

OR -

B. Place the down payment.
Downpayment may be paid in cash, or check or thru money transfer. Corresponding discounts are extended for full downpayments, depending on the number of days from the date of reservation.
Post-dated checks are required for the monthly payments.

- OR -

C. Pay the Toatal COntract Price
Payment may be in cash, check or money transfer. Discounts are also extended on the discretion of the developers.

NOTES:
If living abroad:
your representative here in the Philippines may obtain a Special Power of Attorney (SPA) from the Philippine Embassy in your country of residence and assign him/her to act as your attorney-in-fact.

In the absence of a representative, you may send your payment via wire transfer to our Philippine Bank. Instructions will be given if you choose this option.

STEP 3 - Sign the Contract to Sell.

* The Contract to sell is signed after the full downpayment or the full Total Contract Price. The representative may sign the Contract to Sell. In his/her absence, the copy will be sent abroad and then returned to us. You will be provided a copy.