Summerpointe Residences update

I called them up this morning and inquired about the status of my house. They told me that the Notice to Proceed has already been approved and has been forwarded to their contractor. Meaning, they will start to construct the house anytime next week. Ok. I've thought they will not approve my NTP because i have informed them that I am no longer paying them an advance MA. I have also pulled out my last check w/c will be due on Sept 23. Well, it's good thing that can already start to construct but I'm no longer holding my breath. Sinira na nila ang excitement ko over my dream house. I'll just wait and see if they can really do it in 2 months as per press release nila.

I guess my whole Prosperity Builders Resources Inc nightmare will be over when they have finished their project and have the house turned over to me. They've been the worst bunch of "supposed to be" educated people I have ever dealt with.

Letter for Stop Payment

I have written a letter to Prosperity Builders Resources Inc, citing my intention to stop further payments of my Monthly Amortization. I have asked my uncle/broker to personally submit it to them. I have already paid them 9 months worth of MA (even w/o any land developments and house construction yet). Here's the content of the letter:

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September 13, 2011

Prosperity Builders Resources Inc
Diplomat Bldg, Cor Roxas Blvd
Baclaran, Pasay City

Dear Ms. Elsie Penafiel

This is to inform you of my intention to stop further payments of my Monthly Amortization for the House and Lot that I have agreed to purchase at Block 12 lot 9 Summer Pointe Residences until such time that the development of the subdivision project has been completed and turned over to me by the Home Development Mutual Fund (Pag-ibig Fund).

This letter is effective immediately hence I will be pulling out my last check (Check # 0026351) issued last May 3, 2011 and due on September 23, 2011 amounting to Five Thousand Five Hundred Ten Pesos & 68/100 only (PHP 5,510.68).
Thank you for your consideration

Sincerely,

Jeanette M. Cabrera
Buyer, Block 12 lot 9,
Summer Pointe Residences
***************************************************

I was actually worried that they will not accept this letter pero sobrang kapal naman ng balat nila if they will not accept. Sobrang delayed sila - sobrang advance ng payments ko! They no longer have the right to decline. Sobra na silang nakaka-stress!

Prosperity Builders Resources Inc.

I was at their office last saturday to pass my payslip (again). Prior to going there, I called and inquired about the status of my house construction. A certain Elsie Penafiel told me that they have just recived the NTP (notice to proceed) last Sept 5, w/c means that the budget for the house construction has been approved. She requested for another set of my payslip since this document is easy to expire. 'Ere i went there last Saturday. However, the person I was able to talk with (I wasn't able to get his name), told me that they have forwarded my documents to another department for another approval. And that it would take 2-3 weeks before it can be passed to the contractor for conforme and start the construction. After that, 2-3 months more before they can finish the house and another 1-2 months for Pag-ibig application and approval. Kainis! I really lost it there, sobrang nag-reklamo na ako, they don't allow buyers to delay their MA payments and yet they are the ones who are really really delayed! It should have been okay for me to pay MA's but what they are doing is too much. They are already keeping the interest of my MA's and yet I don't see any improvements. They are so unreasonable. If I applied for a loan from a banking institution, the interest will commence after I have been approved of the loan and the money is already on my hands. With PBRI, they are already taking up the interest even before the house or the subdivision has been developed. It's so unfair! Ni pader ng bahay hindi ko pa nasasandalan! And still I am paying them, and to date I have already paid them a total of P49,596.12 worth of MA w/c they will not be paying fully to Pag-ibig. They really are greedy. So, why did I pay them? Because I thought during that time that they are really proceeding to develop and construct. How would I to know that it will take them 10 months? Last October 2010 they told me that land development will be on January 2011, January came and no land development yet, and they told me that land development will start in March and that my house will be constructed by July 2011. Today is September 12, 2011 and still no house has been constructed. And they have told me that by October 1st week they can begin the construction. See? Paasa sila masyado! I hope these people rot in hell. Bahala na si Lord sa kanila. All I want to do now is to send them a letter for Stop Payment, Pull out my last remaining check w/ them (due on Sept 23) and get on with my life. Isaksak nila sa baga nila yung 9 months worth kong MA! I was having high hopes that I can move in by January 2012 (with all the improvements in place), but I don't think it will push through. I guess I will be needing to changed my plans and put everything into the Lord's hands. It's hard to accept the fact that PROSPERITY BUILDERS RESOURCES INC has turned my dream to have my own house into a nightmare (but hey! It's what they do best!)

A Summer Pointe Residences Update...

I called them up again. And finally! after months of waiting, they have advised me that Prosperity Builders Resources Inc's head office has approved of the construction budget for Block 12 lot 9. They told me, that I need to wait for 2 weeks more before the they start the actual construction. Haiist! I am still not satisfied. I no longer believe (or hope) that they can finish in 2 months. They are a bunch of incompetent and money-loving, super-greedy losers for crying out loud! What else can we expect? They could have squandered my 10 months worth of MA since they are already pocketing the interest of my paid MA for a loan w/c has not pushed through yet. Si Lord na bahala sa kanila. Perhaps they need the money because they are suffering from Cancer and that they needed all the money they can get for medication or something. Maybe those people are already dying of something that's why they need advance abuloy from people who are gullible (like me).

Kanila na yung 50++K ko, saksak nila sa lalamunan nila. I-construct lang nila ng maayos yung bahay ko. It should have been a dream come true for me, but by the way they have mistreated me, I no longer feel excited....

SALAMAT PROSPERITY BUILDERS RESOURCES INC, SA LAHAT NG SAMA NG LOOB! MABUHAY SANA KAYO NG MATAGAL PARA PAGDUSAHIN NG LANGIT!