FIL-ESTATE REALTY SALES ASSOCIATES INC. FERSA

• Reservation application (download pdf file, 457kb)
• Affidavit of Citizenship (download WOrd file, 21kb)
• PROSPEct's appointment sliP (Download PDF file, 125kb)

Requirements

• Requirements

  What are the requirements if I want to purchase a property?
  If I live abroad, can I still purchase a property?

  Making an Appointment

  How do I make an appointment to visit the available lots?
  How can I make a reservation?
  How can I go to an Open House?
  How can I join a golf tournament?

  Properties

  What are the different types of lots?
  What is a Condotel?
  What is a Condovision?

  Document Requirements

  What is the Prospect's Appointment Slip?
  What is a Reservation Application?
  What is the Contract to Sell?
  What is the Deed of Restriction?
  What is the Deed of Absolute Sale?
  When do I get the title to my property?

  Payment Options, Fees and Saving Tips

  What are my payment options when I want to buy a property?
  How much can I place for my down payment?
  Are there association dues?
  What is the move-in fee?
  What is the construction bond?

  Golf Shares

  How can I purchase a golf share?

  About Fil-Estate

  What is the Fil-Estate Group of Marketing Companies?

  About the Website

  When I click on the Location Maps, Site Plans or bedroom descriptions, nothing happens. Why?
  How often is this site updated?

  Requirements

  
  

  What are the requirements if I want to purchase a property?

  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)

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  If I live abroad, can I still purchase a property?
  Yes. For more information on how to purchase a property if you live abroad, click here.

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  Making an Appointment

  How do I make an appointment to visit the available lots?
  Contact us to make an appointment.

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  How can I make a reservation?
  Contact us to make a reservation.

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  How can I go to an Open House?
  Contact us to make an appointment.

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  How can I join a golf tournament?
  Contact us to make a reservation.

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  Properties

  What are the different types of lots?
  Fairway lots - these are lots next to a fairway of a golf course. These are usually more expensive than inner lots.
  Corner lots - these are lots situated in a corner of a road. These are usually more expensive than inner lots.
  Inner lots - these are lots that are neither fairway, corner nor lakeside lots.
  Estate lots - these are lots that are considerably larger in area than inner lots, but are less expensive in price per square meter.
  Farm lots - these are lots mainly used for farming.
  Residential lots - these are lots used for building houses.
  Commercial lots - these are lots used for businesses establishments.
  Lakeside lots - these are lots next to a lake. These are usually more expensive than inner lots.
  Premium lots - these are lots located in prime locations because they have a good view.

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  What is a Condotel?
  A Condotel is a condominium that is managed and operated as a hotel. You can own a unit and lease it back to the hotel. The hotel will manage and maintain your unit as a regular room of the hotel. Depending on the agreement with the hotel, you are entitled to stay in your unit for a specified number of days each year, while for the rest of the year, your unit will be used to accommodate hotel guests. This is a good arrangement if what you are looking for is a vacation place and good investment at the same time.

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  What is a Condovision?
  A Condovision is a condominium with subdivision amenities such as a swimming pool, basketball court, meeting hall, ballroom, gym, mini park and playground.

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  Document Requirements

  What is the Prospect's Appointment Slip (P.A.S.)?
  The Prospect's Appointment Slip (P.A.S.) is a form that a Fil-Estate agent asks his/her prospective customer to fill. The agent then submits that form to our office to formally let them know that the prospective customer will be assigned to that agent exclusively for 30 days. Internally, this helps us in determining what is due to each agent. Download a sample P.A.S. from the Document Requirements page.

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  What is a Reservation Application (R.A.)?
  A Reservation Application (R.A.) is a form that you fill out to reserve the property of your choice. This reservation is valid up to a specified number of days depending on the agreement with the landowner, and should be accompanied by a nonrefundable reservation fee. You must pay the down payment or the full total contract price within the specified number of days on the agreement, or the reservation will be canceled and the reservation fee will not be refunded.

  Download a sample R.A. From the Document Requirements page.

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  What is the Contract to Sell (C.T.S.)?
  The Contract to Sell is the agreement between you and Fil-Estate outlining the terms of your purchase of a property from Fil-Estate. This is provided to you after Fil-Estate receives from you either the full total contract amount or the down payment for the property.

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  What is the Deed of Restriction?
  The Deed of Restriction is the agreement between you and the landowner specifying what you can and cannot do with your property. As an example, one restriction commonly specified in a Deed of Restriction is that you cannot subdivide your property.

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  What is the Deed of Absolute Sale?
  The Deed of Absolute Sale is the agreement between you and the landowner legitimizing your purchase of a property from the landowner.

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  When do I get the title to my property?
  Your title will be released to you after you pay the full total contract price.

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  Payment Options, Fees and Saving Tips

  What are my payment options when I want to buy a property?
  Different properties and owners offer different payment options. We provide sample computations in each of our properties.

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  How much can I place for my down payment?
  The minimum down payment varies per subdivision but usually it is at 20% of the full total contract price. Remember that, when financing for your property, the larger the amount of your down payment, the smaller your monthly payments. Plus, depending on the terms of the property, you may get as much as a 7% discount on the down payment when paying the down payment in full within a specified number of days.

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  Are there association dues?
  Yes. Association dues are used for the maintenance of your subdivision. The amount varies per subdivision.

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  What is the move-in fee?
  A move-in fee is a one-time fee for miscellaneous expenses such as the connection of the water meter and the transfer of the electrical bill account to your name.

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  What is the construction bond?
  A construction bond is a type of insurance usually required from you by your homeowner's association for the new construction or improvement of your house in case the contractors you hired incurs any damage to any part of the subdivision. The amount varies per subdivision.

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  Golf Shares

  How can I purchase a golf share?
  Contact us to make an appointment.

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  About Fil-Estate Realty Sales Associates, Inc.

  What is Fil-Estate Realty Sales Associates, Inc.?
  Fil-Estate Realty Sales Associates, Inc. is a marketing group of the Fil-Estate Group of Marketing Companies. Learn more about Fil-Estate Realty Sales Associates, Inc.

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  About the Website

  When I click on the Tours, Location Maps, Site Plans or bedroom descriptions, nothing happens. Why?
  This site uses plenty of slide shows in pop-up windows and most likely your Internet browser has a pop-up blocker. All you have to do is allow or enable the use of pop-up windows for this website.

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  How often is this site updated?
  We update this site regularly as soon as we get new information about the properties. However, sometimes new information about the properties does not get to us as quickly as we would like, often brought about by circumstances beyond our control. We will do our best.

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