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Cancellation of condo

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1 Cancellation of condo on Tue Nov 22, 2016 3:46 am

Zeny Mejias

Arresto Menor
Hello po. Am i entitled to a refund if i will cancel my contract for the condo that i am living in. Move-in last August 2015 and due to personal reasons i can no longer pay my monthly amortization and planning to move out this December 2016. I already paid 20% downpayment of the total amount to SMDC and paid a year of amortization for my home loan with BDO. Salamat po sa mag-rerespond.

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2 Re: Cancellation of condo on Tue Nov 22, 2016 5:30 am


Arresto Mayor
Check the clause of your contract, but usually, they refund your down payment after a certain period of time once you made the transaction, after that, it is non-refundable.

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3 Re: Cancellation of condo on Tue Nov 22, 2016 8:59 am

Zeny Mejias

Arresto Menor
Thank you very much Sir. Will check the terms of my contract.

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