Buyer's Guide
Here's everything you need to know in owning a RCD Land property. Learn more about the ins and outs of your RCD Land property with this comprehensive guide.
Buyer's Guide
6 Easy Steps in Acquiring a Quality and Affordable Home from RCD Land, Inc.
First Step: Tripping
- (Tripping, Choosing of Unit, and Qualifying) In this stage, our Sales Representative will accompany the client in a site viewing to present detailed information about the project.
- Availability, prices, house specifications, and deliverables will be discussed during the tripping.
- Once the client is satisfied, he/she may now choose a specific house unit.
- Then, our Sales Representative will conduct a screening and explain different payment options and easy financing schemes to choose from to help the buyer in purchasing a specific unit.
First Step: Tripping
- (Tripping, Choosing of Unit, and Qualifying) In this stage, our Sales Representative will accompany the client in a site viewing to present detailed information about the project.
- Availability, prices, house specifications, and deliverables will be discussed during the tripping.
- Once the client is satisfied, he/she may now choose a specific house unit.
- Then, our Sales Representative will conduct a screening and explain different payment options and easy financing schemes to choose from to help the buyer in purchasing a specific unit.
Second Step: Reservation Fee
- Upon payment of reservation fee, buyers will fill out Reservation Agreement/Buyer's Information Sheet and submit three (3) initial documents such as:
- 1. Reservation Fee
- 2. Accomplished buyers
- 3. Equity
- 4. Proof of Identity: 2 Valid IDs
- 5. Proof of Address: Billing Statement
- 6. Proof of Income: COE or Payslip
Second Step: Reservation Fee
- Upon payment of reservation fee, buyers will fill out Reservation Agreement/Buyer's Information Sheet and submit three (3) initial documents such as:
- 1. Reservation Fee
- 2. Accomplished buyers
- 3. Equity
- 4. Proof of Identity: 2 Valid IDs
- 5. Proof of Address: Billing Statement
- 6. Proof of Income: COE or Payslip
Third Step: Downpayment
- Buyer can choose from two schemes for downpayment: Installment and Cash.
- For Installment Scheme, payment of equity will start 30 days after reservation as stated in the standard price list.
- On the other hand, the Cash Downpayment Scheme requires buyers to give the full Downpayment subject for a discount, depending on the number of days after the reservation date.
Third Step: Downpayment
- Buyer can choose from two schemes for downpayment: Installment and Cash.
- For Installment Scheme, payment of equity will start 30 days after reservation as stated in the standard price list.
- On the other hand, the Cash Downpayment Scheme requires buyers to give the full Downpayment subject for a discount, depending on the number of days after the reservation date.
Fourth Step: Loan Take Out
- Upon 85% house completion, client will be required to submit the complete loan documents and sign necessary Bank/HDMF documents to initiate processing of their Housing Loan.
- RCD Land Loan Processor will help the buyer process his/her loan for convenience.
- For Bank/Pag-Ibig Financing, client will need the ff: MSVS, ESAV, Updated Job Contract/ COE, Updated Proof of Billing, 6 Months Payslip, Notarized/ Consularized SPA if applicable, 2x2 ID Picture, Signed Housing Application Form, and Signed CTS.
- Upon take out, client is required to settle bank charges, insurances and other charges.
- Loan/bank processor must inform and send take out letter to buyers.
- For In-House Financing (RCD Land, Inc.), buyers must update their accounts once unit has been completed and issue post-dated checks prior to application for move in.
Fourth Step: Loan Take Out
- Upon 85% house completion, client will be required to submit the complete loan documents and sign necessary Bank/HDMF documents to initiate processing of their Housing Loan.
- RCD Land Loan Processor will help the buyer process his/her loan for convenience.
- For Bank/Pag-Ibig Financing, client will need the ff: MSVS, ESAV, Updated Job Contract/ COE, Updated Proof of Billing, 6 Months Payslip, Notarized/ Consularized SPA if applicable, 2x2 ID Picture, Signed Housing Application Form, and Signed CTS.
- Upon take out, client is required to settle bank charges, insurances and other charges.
- Loan/bank processor must inform and send take out letter to buyers.
- For In-House Financing (RCD Land, Inc.), buyers must update their accounts once unit has been completed and issue post-dated checks prior to application for move in.
Fifth Step: Move In
- RCD Land’s Customer Relations Officer will assist buyer for their inspection schedule and other important matters regarding move in.
- Our Turnover Officer will conduct a unit inspection with buyer, will also rectify buyer’s concern on their Punchlist Form.
- Once concerns have been addressed, the Property Management Department will turnover unit keys to buyers and orient them regarding Deed of Restrictions.
Fifth Step: Move In
- RCD Land’s Customer Relations Officer will assist buyer for their inspection schedule and other important matters regarding move in.
- Our Turnover Officer will conduct a unit inspection with buyer, will also rectify buyer’s concern on their Punchlist Form.
- Once concerns have been addressed, the Property Management Department will turnover unit keys to buyers and orient them regarding Deed of Restrictions.
Sixth Step: Turn Over Property
- (Property Inspection, Acceptance and Turnover)
- To release the title, the buyer will have to coordinate with the assigned personnel or organization.
- For Bank/Pag-ibig Financing, the corresponding Bank/Pag-ibig branch must inform the buyer regarding the title process and the date of release.
- If buyer is under In-house financing, our Credit and Collection Officer must inform the buyer regarding the title process and date of release once account is fully paid.
Sixth Step: Turn Over Property
- (Property Inspection, Acceptance and Turnover)
- To release the title, the buyer will have to coordinate with the assigned personnel or organization.
- For Bank/Pag-ibig Financing, the corresponding Bank/Pag-ibig branch must inform the buyer regarding the title process and the date of release.
- If buyer is under In-house financing, our Credit and Collection Officer must inform the buyer regarding the title process and date of release once account is fully paid.