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FAQs

Where are BFS’ pre-owned properties located? BFS’ pre-owned properties are located nationwide, from Metro Manila to the provinces of Bataan, Bulacan, Cavite, Camarines Norte, Davao, Laguna, Pampanga, Quezon, Rizal and Tarlac.  Please log onto www.bfs.com.ph/property for a complete listing of BFS properties. What are the benefits of buying pre-owned? Pre-owned properties are an attractive alternative for entry-level buyers, as opposed to purchasing new homes or building from scratch.  House and lots sell for as low as P110,000.  Most BFS properties are located in developed subdivisions located in Metro Manila, Cavite, Laguna, Bulacan, and Rizal with access to paved roads and commercial centers. What makes the Redemption Period important for pre-owned properties? What happens if the property I bought is redeemed? BFS sells rights to the pre-owned property.  The pre-owned property may still go through the one-year Redemption Period that allows the Original Borrower to redeem the property.  If the Original Borrower redeems the property, the buyer gets a full refund minus service fees for the time the Buyer was in possession of the property prior to redemption. How do I know which brokers are accredited by BFS or are legitimate? Contact BFS Property Sales to find out if your broker is legitimate or accredited....