Review of MASAITO DEVELOPMENT CORP.


2.0
My wife and I got a unit at Lotus lakeside, Chleo model. We started paying our equity January 2013 and agreed to the terms of 1 year payment of equity. We ask them that instead of 1 year we will pay our equity to shorter period 6-8 months in order to initialize construction so we could make an early move inn after 6 months of construction. We understand and its very clear in our mind and IT WAS TOLD TO US that payment of equity by 80% will initiate the construction of the house. To date, our payment already reached 95% OF THE TOTAL EQUITY however, Masaito/Richfield is doing nothing. No indication of any start of the construction. According to them they are still looking for contractor to do the job. We were very disappointed, imagine we put all effort to shorten the payment of equity as we planned to move-inn early but it seems Masaito/Richfield is taking us for granted. NOW, DO YOU STILL INTERESTED TO GET UNIT FROM THEM? Sorry to our friends that we invite to invest here, I know we put you also in trouble dealing with this Realty Company.
PUBLIC USER
Its also happen to us our equity was fully paid and no mobilization for the constructions of the said house we start paying the our monthly mortgage but they did not start building the house was built 2010 and to our disappointment there was no water proofing we just found out when the rain starts. sa pabalik balik ko sa Opsina ng Masaito marami ang mga hindi masaya sa mga nakuha nila kasi pagkatapos mag move-in lumalabas ang mga problema ng bahay na itinayo nila nahiya nga ako sa mga naiganyo ko na bumili rin sa kanila pero lahat nagsisi sila marami nagtatanong sinasabi ko na lang bumili na lang sila ng lupa wag house in lot kasi baka matulad din sila sa amin

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