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Dear Atty,
We bought a condo last 2013. We finished DP on 2014 but the turn over was supposed to be 4Q of 2015. We asked our agent if we can extend DP until turn-over. But she said it is not allowed. We have to make bank loan or else mgppenalty kami. So ngbank loan po kami.
4Q of 2015, no news if our unit will be delivered. 1Q 2016, we received email that turn over is 1Q 2017.
We filed complaint po s HLURB. During 2nd conciliation, my ksma n ang developer n lawyer. They are offering 40k for settlement which we didn't accept. It's only 10& of what we've lost dahil s interest. If they allowed us to just extend DP, eh d sna lower n lng amount ng loan naming. Plus we are paying fire insurance kasi compulsory s bank loan. Ano naman po ang massunog eh only 4Q2015 sila ng start ng construction. And even my masunog, it is still developer's responsibility.
If we want to go into details daw, better sa court na lng dw kung d rin dw naman kami mkkpagsetle. Based s latest info, Turn-over will be 4Q 2017 from original na 4Q 2015.
Ano po ba dapat gawin. If we hire lawyer po ba, my assurance na macclaim namin ung damages. my laban po ba kmi. are we covered by PD 957?
Thanks
We bought a condo last 2013. We finished DP on 2014 but the turn over was supposed to be 4Q of 2015. We asked our agent if we can extend DP until turn-over. But she said it is not allowed. We have to make bank loan or else mgppenalty kami. So ngbank loan po kami.
4Q of 2015, no news if our unit will be delivered. 1Q 2016, we received email that turn over is 1Q 2017.
We filed complaint po s HLURB. During 2nd conciliation, my ksma n ang developer n lawyer. They are offering 40k for settlement which we didn't accept. It's only 10& of what we've lost dahil s interest. If they allowed us to just extend DP, eh d sna lower n lng amount ng loan naming. Plus we are paying fire insurance kasi compulsory s bank loan. Ano naman po ang massunog eh only 4Q2015 sila ng start ng construction. And even my masunog, it is still developer's responsibility.
If we want to go into details daw, better sa court na lng dw kung d rin dw naman kami mkkpagsetle. Based s latest info, Turn-over will be 4Q 2017 from original na 4Q 2015.
Ano po ba dapat gawin. If we hire lawyer po ba, my assurance na macclaim namin ung damages. my laban po ba kmi. are we covered by PD 957?
Thanks
