PRO-FRIENDS Buyer’s Guide

So you are ready to finally invest in a home through PROFRIENDS. But where do you start? What are the things you must know? How do you reserve a unit? What are the policies? What are the financing methods? Who do you talk to? What papers or requirements must you submit? How long do you have to wait before moving in? It’s good that you are here because your questions will now be answered! Read this buyer’s guideline to help you with all your queries.

1. Visit your prospected model unit personally or schedule it through your agent and representative (relatives or trusted friend). Take note of the unit features, design and location. Bring your reservation fee; booking of unit is a first come first served basis only.

2. Once you have decided to purchase on a particular housing project, ask your agent/representative for the best location within the village. These include the position of the house (facing east which is a “morning sun” type or west?), the distance from the access roads, etc. Block / lot number and house color are also decided within this point.

3. After having an available unit ready to be reserved, go to the reservation office to reserve that unit. You’ll be given BIS (Buyer’s Information Sheet) and Reservation Agreement Form that needs to be filled out during the reservation process. You will also be asked which financing mode and terms of payment you would want your housing mortgage to be.

For those who chose Bank Financing as payment method, you can start the move-in process on your 16th month of down payment period and once bank has approved the loan through a Letter of Guarantee certification. These two (2) requirements must be present before you’ll be able to move-in. In case your loan is still pending due to unsubmitted requirements needed for loan processing, moving-in on the 16th month will not be allowed.

 For those who chose In-House Financing as payment method, you may move-in on the 16th to 18th Month while paying your down payment and submission of full requirements (documents & postdated checks). No need for loan take-out.

For those who chose spot cash or spot full down payment for non-RFO (Ready for Occupancy Units) house completion and turnover will still follow by Developer’s house completion schedule as shown in the Inventory Sheet. For those who chose spot cash or spot full down payment also but for RFO, present Notice of Completion and you may move-in immediately.

Take note that once that house has been turned over to you, you would have to make the necessary arrangements for water, electrical, and landline/Internet connectivity. Association Dues must be paid, too. There is a centralized water system so there would be no need for your own household water tank. Thanks to the partnership with PLDT, Pro-Friends homeowners can now avail of PLDT’s landline and broadband services.

If you still have lots of questions, best contact profriends.com via landline (+632 491-7000) or email (marketing@profriends.com).