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  • What to Expect When Buying a Unit at Cypress Towers by DMCI Homes
    Maica Castillo
    in Cypress Tower General Information
    Posted 9 hours ago

    Purchasing a property is a significant investment, and understanding the process can make it smoother. Here’s what buyers can expect when purchasing a unit at Cypress Towers:

    STEP 1: RESERVATION PROCESS

    Choose Your Unit: Select your preferred unit type (Studio, 1-Bedroom, or 2-Bedroom) and location within the building.

    Reservation Fee: Pay the required reservation fee (typically PHP 20,000 for units and PHP 10,000 for parking slots).

    Submit Documents: Provide essential documents such as:

    ·         Valid government-issued ID

    ·         TIN (Tax Identification Number)

    ·         Proof of billing address

    • Signed Reservation Agreement Form

    STEP 2: PAYMENT TERMS AND FINANCING OPTIONS

    DMCI Homes offers flexible payment schemes:

    ·         Spot Cash Payment – Often includes significant discounts.

    ·         Deferred Payment – Spread out the total amount over a set period with no added interest.

    ·         Bank Financing – Partner banks offer various financing options with competitive rates.

    Tip: Prepare your proof of income and employment records when applying for a loan.

    STEP 3: TURNOVER PROCESS

    Upon completing your payment requirements, DMCI Homes will schedule your unit turnover.

    Expect a unit inspection to ensure your home is delivered in excellent condition

    The property management office will guide you on utilities, community rules, and maintenance services.

    STEP 4: POST-PURCHASE SUPPORT

    DMCI Homes offers reliable after-sales support for repairs, adjustments, and inquiries.

    The on-site Property Management Office (PMO) ensures efficient maintenance and security.

    Key Reminders for Buyers

    Set a budget and understand additional costs like registration fees, association dues, and utilities.

    Carefully review the Contract to Sell and Deed of Absolute Sale.

    Work with an accredited DMCI Homes property consultant for guidance throughout the process

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