{"id":78877,"date":"2021-05-31T17:03:29","date_gmt":"2021-05-31T09:03:29","guid":{"rendered":"https:\/\/mycitihomes.com.ph\/?post_type=guide&p=78877"},"modified":"2023-01-09T15:21:12","modified_gmt":"2023-01-09T07:21:12","slug":"cash-payment","status":"publish","type":"guide","link":"https:\/\/www.cbdi.com.ph\/staging\/guide\/cash-payment\/","title":{"rendered":"Cash \/ Deferred Payment"},"content":{"rendered":"\r\n
\r\n
\r\n

DAYS 1 \u2013 7 FROM RESERVATION DATE<\/b><\/p>\r\n

Upon reservation of your chosen house and lot unit, a welcome letter will be sent as a confirmation for your purchase.<\/p>\r\n

To facilitate the documentation process the Sales Administration Department will assess the initial documents during reservation before endorsing you to an Accounts Management Officer.<\/p>\r\n

    \r\n
  1. \r\n
      \r\n
    1. Signed Reservation and Purchase Agreement Form (REPAF)<\/li>\r\n
    2. Signed Computation Sheet<\/li>\r\n
    3. One (1) valid ID<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n

      DAYS 8 \u2013 30 FROM THE DATE OF ENDORSEMENT<\/b><\/p>\r\n

      A Sales Administration Assistant will send a Notice of Reminder via email, text or call for Buyer\u2019s Orientation Schedule. During the Buyer\u2019s Orientation Schedule you are required to pre-sign the following documents:<\/p>\r\n

        \r\n
      1. \r\n
          \r\n
        1. Deed of Absolute Sale (DOAS)<\/li>\r\n
        2. Contract to Sell (CTS)<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n

          Ensure that all information provided are true and correct. Any error may result in the delay on the processing of your title.<\/p>\r\n

          You will also be required to submit the following documents:<\/p>\r\n

            \r\n
          1. \r\n
              \r\n
            1. Photocopy of two (2) Valid Government Issued ID\u2019s<\/li>\r\n
            2. Photocopy of Birth Certificate & Cenomar (if Single)<\/li>\r\n
            3. Photocopy of Marriage Contract (if Married)<\/li>\r\n
            4. Original TIN Verified (BIR Form 1904), if change status both must submit verified BIR form 1905<\/li>\r\n
            5. Deed of undertaking for submission of requirements<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n

              All requirements and payments must be completed the within thirty (30) days upon reservation to avoid account cancellation and forfeiture of the reservation fee.<\/p>\r\n

              RELEASE OF CONTRACT TO SELL AND DOAS<\/b><\/p>\r\n

              Upon successful completion of documents and payments, your assigned Account Officer will endorse your document to the Title Conversion Unit (TCU) for processing.<\/p>\r\n

              A copy of the following documents will be available within the following days;<\/p>\r\n

                \r\n
              1. \r\n
                  \r\n
                1. Contract to Sell (CTS) \u2013 fifteen (15) days upon request<\/li>\r\n
                2. Photocopy of DOAS \u2013 thirty (30) days upon request<\/li>\r\n
                3. Notarized Deed of Absolute Sale (DOAS) \u2013 One (1) year from the date of full payment along with the transferred title and tax declaration under your name.<\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n<\/div>\r\n<\/div>\r\n","protected":false},"menu_order":0,"template":"template-fullwidth.php","categories":[42],"class_list":["post-78877","guide","type-guide","status-publish","hentry","category-buyers-guide"],"yoast_head":"\nCash \/ Deferred Payment - CBDI<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cash \/ Deferred Payment - CBDI\" \/>\n<meta property=\"og:description\" content=\"DAYS 1 \u2013 7 FROM RESERVATION DATE Upon reservation of your chosen house and lot unit, a welcome letter will be sent as a confirmation for your purchase. 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