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Posted by on Feb 22, 2013 in Corporate News, Press Room, Properties News

Pre-Owned properties offer affordable alternative to prospective home buyers

Pre-Owned properties offer affordable alternative to prospective home buyers

(The Philippine Star, Philippine Star Online) As the country’s property sector continues to boom, there is growing concern that the middle to lower-income markets may be pushed to the wayside as developers launch more housing and condominium projects geared for upscale buyers. Fortunately, a viable alternative to buyers looking for affordable housing is now made easily available in the form of “pre-owned” (or foreclosed) properties. Pioneer mortgage servicing company BFS offers a range of these affordable homes and assists prospective buyers throughout the process of acquiring these properties. “BFS set a track record for selling pre-owned properties. Over the past 5 years, BFS has sold over 4,000 pre-owned properties nationwide, with a bulk of these located in Laguna, Cavite, Bulacan, Rizal, Caloocan City, and Muntinlupa City, where infrastructure has gained a foothold, economies have flourished, and communities have grown,” says Alexis Ortiga, Head of Property Sales. “We welcome the opportunity to help Filipinos become homeowners instead of renters,” says Alexis Ortiga, Head of BFS Property Sales. “More than just...

Posted by on Feb 22, 2013 in Corporate News, Properties News

(The Philippine Star Online) As the country’s property sector continues to boom, there is growing concern that the middle to lower-income markets may be pushed to the wayside as developers launch more housing and condominium projects geared for upscale buyers. Fortunately, a viable alternative to buyers looking for affordable housing is now made easily available in the form of “pre-owned” (or foreclosed) properties. Pioneer mortgage servicing company BFS offers a range of these affordable homes and assists prospective buyers throughout the process of acquiring these properties. “BFS set a track record for selling pre-owned properties. Over the past 5 years, BFS has sold over 4,000 pre-owned properties nationwide, with a bulk of these located in Laguna, Cavite, Bulacan, Rizal, Caloocan City, and Muntinlupa City, where infrastructure has gained a foothold, economies have flourished, and communities have grown,” says Alexis Ortiga, Head of Property Sales. “We welcome the opportunity to help Filipinos become homeowners instead of renters,” says Alexis Ortiga, Head of BFS Property Sales. “More than just providing affordable...

Posted by on Feb 8, 2013 in Corporate News, Loan Accounts News, Press Room

BFS Does Everything Possible to Help Borrowers Resolve Their Housing Loans

BFS Does Everything Possible to Help Borrowers Resolve Their Housing Loans

(Business World) Since acquiring 52,289 highly delinquent residential loans from the National Home Mortgage Finance Corporation in 2005, BFS has helped thousands of borrowers become homeowners. To provide resolution options, BFS continues to exhaust efforts to reach borrowers through various information campaigns, the establishment of five offices and several communication platforms. Shares Juno Henares-Chuidian, Head of Corporate Communication, “To reach our borrowers and give them the opportunity to contact us, we send out letters, call and text through phone, distribute newsletters and flyers, and even introduced a real-time online service on our website called B-Online.” Account specialists also visit homes and do field processing. “These engagements provide an opportunity for borrowers to clarify their account status onsite, and makes them realize how much we want to help them achieve closure.” Panalo Max, a recent promotion, condoned 100% penalties and up to 100% interest for qualified borrowers. One such borrower is Lorena Moral of Pacita Complex in Laguna. “My house means a lot to me. BFS is proof that our...

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