FOR ASSUME Urban Homes Tipolo Condo

Monthly Amortization: Php 0.00
Ready for Occupancy (RFO)

Php 700,000.00

Description
????Available for Sale/Assume!!!
 
Urban Homes Tipolo Condo
(24sqm Studio)
Started - Jan 1, 2014
Total Contract Price (TCP) - ₱ 1.1M
Equity Paid- 20% (₱ 220,000)
Bank Loan - ₱ 960,000
25yrs to pay, 11%
Monthly - 9,946.53
Months Paid - 132 (11yrs)
Total Amount Paid - ₱1,312,941.96
Remaining Months to pay - 168 (14yrs)
Remaining Amount to pay - 1.6M
Current Market Value if bought cash - 1.8M
 
Assume Option 1: Spot Cash: ₱ 700,000 (negotiable)
Assume Option 2: 50% - Cash (₱350,000)
50% - Can be paid in 12 months installment (₱29,166/month)
Monthly Amortization - ₱9,946.53
FREE: 1HP LG Inverter Split-Type Aircon
• Current Rental Income: ₱12,000/month with an existing tenant.
• Options for Buyer: You can either continue the rental arrangement or use the unit yourself. If you choose to use it, the tenant requires a one-month notice to vacate.
Additional Details:
• The unit has been newly repainted and is well-maintained and has Smart lock
• The current tenant is a newlywed couple without children.
Property Details
  • Bedrooms: 0
  • Bath: 1
  • Garages: 0
  • Lot Area: 0.00
  • Floor Area: 24.00
  • Property Model:
  • Property Category: Assume/Foreclosure

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