| |
|
A
unit in The Columbia Garden Residences
may be purchased through any of these modes of payment.
Mode No. 1. A spot-cash sale ? with
a 5% discount.
Upon signing the Sale and Purchase Contract: A check for the Unit
Price minus a 5% discount (i.e., for 95%).
Mode No. 2. A 30-day deferred cash
sale ? with a 4% rebate.
Upon signing the Contract: A check for 30% of the Unit Price, together
with a post-dated check for the 70% balance minus a 4% rebate (i.e.,
for 66%).
Mode No. 3. A 60-day deferred cash
sale ? with a 3% rebate.
Upon signing the Contract: A check for 30% of the Unit Price, together
with two post-dated checks for the 70% balance - one for 35% and
the other for 35% minus a 3% rebate (i.e., for 32%).
Mode No. 4. A 12-month installment
sale ? with a 2% rebate.
Upon signing the Contract: A check for 20% of the Unit Price, together
with twelve post-dated checks for the 80% balance in 12 monthly
interest-free installments ? 11 checks each for (80%÷12)
or 6.67% and a 12th check for 6.67% minus a 2% rebate (i.e., for
4.67%).
Mode No. 5. A 24-month installment
sale.
Upon signing the Contract: A check for 20% of the Unit Price, together
with twenty-four post-dated checks for the 80% balance in 24 monthly
interest-free installments: each for (80%÷24) or 3.33%.
Mode No. 6. A 60-month installment sale.
Upon signing the Contract: A check for 6.0% of
the Unit Price, together with twelve post-dated checks each for
2.0% and forty-eight post-dated checks each for 1.85%.
The installments are interest-free during the first two years, but
have an interest of 12% p.a. during the last three years.
Mode No. 7. A sale through a bank loan.
Upon signing the Sale and Purchase Contract: A
check for 6.0% of the Unit Price, together with twelve post-dated
checks each for 2.0%
Within 12 months after signing the Contract: An
approved bank loan (e.g., from PSBank) and the bank's check for
the 70% balance.
Mode No. 8. A lease-to-purchase agreement.
Lease the Unit for a period of one year.
At the end of the lease period, decide to purchase the unit. The
lessor/seller shall then credit towards the purchase price the balance,
if any, of the lessee's security deposit and all the monthly rentals,
including the 12% V.A.T. but excluding the association dues.
Pay the balance of the purchase price within the next four years.
The installments will be interest-free during the succeeding year,
but will have an interest of 12% p.a. during the last three years.
|