Your PHirst Purchase: A Stress-Free Step-by-Step Guide for Smooth Turnover
RESERVATION
On Days 1-30, the buyer completes the Reservation and Booking documents and starts the downpayment. PHirst conducts pre-qualification. On Months 2-5, PHirst assists in home loan applications to financial institutions. (Submit Buyer’s Booking Docs on behalf of the buyer for financial assessment)
BOOKING
On Month 6, the buyer signs a letter of guarantee issued by a financial institution and reaches a 5% downpayment. On Month 7, PHirst starts house construction.
HOUSE COMPLETION
On Month 12, the buyer reaches full downpayment.
LOAN TAKEOUT
On Month 14, the buyer starts home loan amortization to the financial institution. One Month 13, PHirst takes out a home loan.
HOUSE TURNOVER
On Month 15-17, the buyer inspects the house and signs acceptance documents. PHirst sends notice of turnover.