FIL-ESTATE REALTY SALES ASSOCIATES INC. FERSA

We would like to thank you for purchasing your real estate property thru us. As part of our continuous service to our valued clients like you, we are happy to announce that we have a new partner in the construction industry to help us build your dream home in your vacant lot.  We boast of highly talented and innovative pool of experts to assist you every step of the way.

In pursuit of your satisfaction of building your dream home, we would like to introduce several benefits you can enjoy. To wit:

• FREE DESIGN and ESTIMATE

Our dream team of young, innovative and creative architects can plan and design according to your taste, need and budget, FREE OF CHARGE.

• ABSOLUTELY NO DOWNPAYMENT

The company has affiliations with reputable banking and financing institutions that provide a very easy and flexible financing scheme/term for your house construction loan.

• FREE LOAN FACILITATION SERVICE

Loan documentation consultants can advise, assis and facilitate the approval of your housing loan.

• FREE PROJECT MANAGEMENT

The technical team, down to the workers, are all equipped with the necessary knowledge and skills to complete the project in the right schedule and with NO ESCALATION in the contract cost.

To avail of all these benefits, please fill up the form attached here and mail it back to us.  We will reply to you as soon as possible.

Thank you very much. We hope to hear from you soon.

We offer easy payment terms to help you get the property of your dreams, be it a condominium, house and lot, lot only, home builder package, condotels, villatels and townhouses.

There are 4 payment terms available to us:

1. Cash - with this option, you may be able to get upto 10% discount on your desired property when you pay the total contract price (TCP) outright within a period of time usually within 2 weeks time.
2. In-house financing - Your payment duration maybe extended upto a certain number of years with corresponding interest
3. Bank Financing - Your payment duration maybe extended upto a certain number of years with corresponding interest through your bank.
4. PAGIBIG Financing - Your payment duration maybe extended upto the longest number of years with minimal interestprovided that you are a PAGIBIG member

Choose from any of the following and start investing for your future now!

In this outline you will see the major events in Philippine history and their effects on Philippine real estate in the past, the present and how they will shape the future.

The Past

* In the 1960s, the center of trade and industry was in Escolta in Manila. At that time, areas like Makati, Pasig were grasslands and the price of land in those areas were at P30 per sq.m. EDSA was a two lane dirt road.
* 1970s - EDSA became the major highway and areas along it like Cubao and Makati began to flourish. Makati became the business district.
* 1972 - Declaration of Martial Law.
* Metropolitan Manila was created as a region to be known as Region IV, later called National Capital Region (NCR) by Presidential Decree No. 879. Towns like Pasig became municipalities of Metro Manila.
* CALABARZON (Cavite, Laguna, Batangas, Rizal and Quezon) has been designated by the government to be the next area of development.
* Development of the North and South Luzon Expressway and Marcos Highways.
* 1986 - EDSA People Power 1.
* 1990s - Construction of highways like the C-5, Metro Manila Skyway, coastal roads and fly-overs. Construction of the Light Rail Transit and Metro Rail Transit.
* 2001 - EDSA People Power 2.
* Just as what happened with the EDSA highway, areas along the C-5 road like Fort Bonificio in Taguig and Libis in Quezon City started to flourish.

The Present

* Metro Manila - Makati is now at around P150,000 per sq.m.
* Pasig - Ortigas center is now a booming commercial and residential area with its own skyline.
* Fort Bonifacio in Taguig is poised for major development of office and apartment buildings and is considered to be the next Makati.
* The CALABARZON provinces are developing self-contained communities with the rise of subdivisions with residences, office buildings, schools, shopping centers, recreation and churches.
* Tagaytay is no longer just a vacation place but is also becoming a permanent place of residence.
* The Ninoy Aquino International Airport 3 will soon open.
*

The Department of Public Works and Highways has prioritized more road projects in the CALABARZON area such as the:

Southern Tagalog Arterial Road (STAR) - a 20 km. 2 lane highway from Lipa to Batangas City, to be opened to traffic within 1 year connecting the already completed 20 km. expressway from Sto. Tomas to Lipa.

Manila-Cavite Toll Expressway - 7 km. 4-lane Zapote to Kawit segment

South Luzon Expressway Extension -
Phase I: Alabang Viaduct Rehabilitation and Calamba-Sto. Tomas Extension
Phase II: Alabang-Calamba Widening and Rehabilitation. The project will undertake full rehabilitation, upgrading and expansion from 4-6 lanes of 28.6 km road.
Phase III: Calamba-Sto. Tomas Widening. Construction of additional 7.8 km. 2-lanes.
Phase IV: Sto. Tomas-Lucena. Initially 2 out of 4 lanes and is 56.6 km. road.

C-6 - a 48 km. four-lane tollway that will link SLEX (at Alabang) and NLEX (at Meycauayan), via Taguig, Taytay, Antipolo, Marikina, San Mateo, Rodriguez and San Jose del Monte.

CALABARZON Expressway - For feasibility study by the Philippine Infrastructure Corporation. New North-South roadline between Noveleta and Tagaytay City located west of Aguinaldo Highway with a total road length of 50 km. To provide alternate route and congestion relief to Aguinaldo Highway for commuters and industrial products.

Metro Manila Skyway Extension - Stage II: Bicutan to Alabang

The Future

Expect progress to continue in Metro Manila and out towards CALABARZON. As more highways are being constructed, more communities will be developed along them.

Conclusion
Despite the Martial Law, coup d’ etats and People Power revolutions, Real estate in the Philippines has been a slow and steady development, as in most countries, making it a good long term investment. Presidential Decrees and priority projects have specified which regions the Philippine Government intends to develop. The real estate projects developed and marketed by Fil-Estate are right at the heart of these regions. Don’t get left behind waiting to buy future prime locations when prices are already sky-high. Take advantage of the low prices now!

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.

Document Requirements for the Purchase of Real Estate in the Philippines

For Individuals

• Photocopy of residence certificate or passport
• Taxpayer’s Identification Number (TIN).
• Photocopy of valid ID with picture & signature of buyer(s).
• 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application.)
• For married individuals, photocopy of marriage certificate.

Note: For married individuals, both spouses need to submit requirements 1, 2, & 3.

For Corporate Accounts

• Photocopy of By-Laws of the Company.
• Photocopy of Articles of Incorporation.
• Notarized Board Resolution of the Company or Secretary’s Certificate stating the ff
  • The date and place of the board meeting
  • That a quorum was present in approving the board resolution
  • That the board authorized the purchase of the property
  • The designated signatory for the sale documents
  • The designated playing representatives for corporate golf shares
• Residence Certificate of the Company and appointed representative(s).
• TIN of the Company and appointed representative(s).
• 2 Original kind of proofs of billing of the corporation (not the representative).

For Balikbayans (Returnees)

• Photocopy of passport.
• Photocopy of valid ID with picture & signature of buyer(s).
• 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application.)
• For married individuals, photocopy of marriage certificate.
  • Note: For married individuals, both spouses need to submit requirements 1 & 2.
• Affidavit as required by law and is necessary for registration of the lot in his/her name. Affidavit should indicate that buyer was a natural-born Filipino who has lost said citizenship or otherwise has reacquired the same.

Download the Affidavit of Citizenship (MS Word file, 21kb)
For more information, see The Balikbayan Act.

For Capital or Paraphernal Properties

• Same requirements as that of INDIVIDUAL buyers.
• Affidavit from non-buying spouse confirming that the fund used by the buying spouse are indeed exclusive funds.

  Note: The non-buying spouse is still required to sign the sale documents.