Prices & Terms

I. RESERVATION
IMPERIAL HOMES CORPORATION shall require the following upon acceptance of the reservation.

• Reservation Documents (Download reservation forms under "CONTACT US" and send by mail)
  
  
  • Buyer's Information Sheet 1 copy (download buyer's information at "CONTACT US")
    
    
    • complete and readable information (typewritten or in legible bold letter)
    • If Buyer is married, Reservation Application shall have the signature of the spouse
      
      
• Reservation Fee (which is not part of the total Contract Price) is as follows:
  

Models and Price Range:

Home Design	Price Range	Floor Area (sq.m.)	Lot Area (sq.m.)
Mercedes	$ 15,300.00 - 27,372.22	50.5	72 - 120
Ashley	$ 12,960.00 - 20,000	36	72 - 120
Reina	$ 11,800.00 - 19,444.45	30	72 - 120
Diana Royale	$ 8,747.53	25.47	70

With Down Payment Scheme

Schedule Lot only		20% of the TOTAL CONTRACT PRICE payable in six (6) equal monthly payments which shall start thirty (30) days after the payment of reservation fee.
Schedule House & Lot		30% of the TOTAL CONTRACT PRICE payable in six (6) equal monthly payments which shall start thirty (30) days after the payment of reservation fee.
Balance In-House		5 years at 10% interest rate per annum and loan 10 years at 12% interest rate per annum

*All payment shall be covered by post-dated checks issued by the borrower. All checks must be issued in the name of the Corporation.


*Total Contract Price (TCP) is exclusive of utilities fee. Transfer & Registration Fee and such other expenses that shall be for the account of the borrower.

Discount

Cash Sales		7% of the TCP within 15 days from date of reservation 5% of the TCP within 30 days from date of reservation.
Early Full Down		7% of the down payment within 15 days from date of reservation 5% of the down payment within 30 days from date of reservation.

III. DOCUMENTARY REQUIREMENTS

• Any proof of Income
  
  
• 4 pieces 1x1 pictures
  
  
• Birth Certificate or Marriage Contract (if applicable)
• Residence Certificate No., TIN No. & Passport No.
  
  
• Affidavit of waiver of Rights (if spouse is foreigner)
  *An Official Receipt shall be issued by an authorized representative of Imperial Homes Corporation to the buyer for every CLEARED check payment of the monthly amortization. (send this by mail)
  *A signed Contract to Sell shall be required from the buyer as soon as the required down payment has been paid. (CTS will be sent through mail and notarized here in the Philippines)
  *Deed of Absolute Sale shall be executed between Imperial Homes Corporation (IHC) and the Buyer upon payment of the Total Contract Price (TCP).