INTERNATIONAL BUYERS
Reservation Requirements:
Option 1:
To facilitate the process, the original copy of the Reservation Agreement Form, the Client Registration Form will be sent to you via courier. You need to fill out and sign these forms (please no erasures, and your signature in the forms should match your signature in your I.D.’s). The signed, filled up forms along with your signed final computation (final computation will be emailed to you and will be printed out and signed by you) will be sent back to the Philippines as part of the requirements. We have wire transfer services for the payment of reservation. (Please see the DMCI Homes account numbers below – please call (+63) 9279262552 and verify before sending)
After submission of the required documents, we will be sending via courier the Contract to Sell, and you will be asked to sign it.
Option 2 (HIGHLY RECOMMENDED):
A duly authorized representative can reserve in your behalf. For this purpose, a duly notarized Special Power of Attorney must be executed designating your duly authorized representative (SPA). The Special Power of Attorney must be consularized by the Philippine Consulate in the buyer’s present country.
Upon reservation, your SPA will be asked to fill up a Reservation Agreement form. Along with this, a reservation fee of P20,000 for the unit and P10,000 for the parking must be made.
The reservation is nonrefundable and is valid for 30 days only. To complete your reservation, the following documents must be submitted within 7 days from the date of reservation:
1. Signed Reservation Agreement Form, Client Registration Form, and Final Computation Sheet (forms and computation template will be provided by us).
2. Photocopy of 2 valid government-issued IDs.
3. Tax Identification Number (TIN) and Income Tax Return (ITR).
4. Proof of Billing.
5. Consularized Special Power of Attorney and 2 valid government-issued IDs of SPA holder, if applicable.
For Special Power of Attorney, the SPA will be asked to sign the Contract to Sell in behalf of the unit owner.
To avoid the cancellation of your reservation, please make sure to submit all the above documents including the signed Contract to Sell/Deed of Absolute Sale plus postdated checks/wire transfer payments within 30 days from the date of reservation.
Payments and Financing
There are two recommended Payment Terms for your convenience:
1. Cash.
2. In-house financing, with a maximum term of 10 years.
Modes of Payment
1. Postdated checks to cover monthly amortizations.
2. Wire Transfer.
Based on the terms of payment agreed upon on your reservation agreement or your Contract to Sell, you will be required to begin paying your downpayment 30 days after the reservation date.
Bank to Bank Transactions (Foreign Bank to Local Bank)
Wire Transfer Procedure:
1. Go to your nearest remittance Center/ Bank Tie-up.
2. Fill-out remittance slip form /remittance application.
MANDATORY FIELDS DESCRIPTION
a. Remitter name - name of person sending the payment
b. Beneficiary name - DMCI Homes
c. Subscriber name - name of Buyer
d. Subscriber number - Remitter code / Policy Number
e. Document number - reference number
f. Amount of remittance - total amount of amortization payment in
Philippine Peso
Remittances made without the above required information will not be processed by Tie-up bank’s foreign branches & offices / Remittance Centers.
Collection Center Agent shall encode the account number, if correct, agent shall proceed with the transaction, if not, “INVALID ACCOUNT” shall appear on the screen and the agent will not accept the remittance.
*Note that your remitter code is your policy number. Please do not lose this account number.
3. Inform Collection Center Agent of the remittance amount in peso value. Agent shall convert the peso amount to the equivalent foreign currency.
4. The usual remittance bank charges or service fee will be for the account of the buyer. The service fee will depend on the charges applied by the originating foreign branch or office.
5. A validated official receipt (as proof of remittance) shall be issued to the buyer by the Bank’s foreign branch or office/remittance center.
6. Remittance will be credited to DMCI account within 24 hours from date of remittance. Thus, remittance must be made at least one (1) working day prior to amortization due date to avoid incurrence of penalty due to late payment. DMCI will issue Official Receipt (OR) as proof of payment for the purchased DMCI property based on the date payment was credited to DMCI account.
7. It is best to keep copy of remittance slip or validated official receipt issued by the remittance center/tie-up bank in case there will be a need to reconcile actual remittances made.
NOTE: Please call (+63) 9279262552 or email at jinspiration.cordero@gmail.com to verify DMCI Homes Account Numbers before Wire Transfer.
Buyers Guide ( International )
