PHirst BUYING GUIDE
YOUR PHirst BUYING GUIDE
- 1. Reservation
On Days 1-30 the buyer completes Reservation and Booking documents and starts downpayment. PHirst conducts pre-qualification.
On Months 2-5, PHirst assist in home loan application to financial institution.
(Submits Buyer’s Booking Docs on behalf of buyer for financial assessment)
On Month 6, the buyer signs letter of guarantee issued by financial institution and reaches 5% downpayment.
On Month 7, PHirst starts house construction.
On Month 14 the buyer starts home loan amortization to financial institution.
On Month 13 PHirst takes out home loan on.
On Month 12, the buyer reaches full downpayment.
On Month 15-17, the buyer inspects house and signs acceptance documents. Phirst sends notice of turnover.