News Room

Homes within reach in Cavite

(Manila Bulletin) Attractive pricing and easy processes have been encouraging people to own homes in Cavite that are in the list of BFS Property Sales, the mortgage servicer of 52,000 delinquent loans from the National Homes Mortgage Finance Corporation. Properties from different villages and subdivisions all over Cavite are listed with BFS, among them those located in Bacoor such as Camella Homes, Springville East, Camella Homes Springville North, and Camella Townhomes in Dasmariñas such as City Homes, GreenBreeze Subdivision, Postal Village, San Marino West, Solar Homes, South Meridian Homes, South Crest Village, Summerwind Village, and Villa Luisa Homes. Evelyn Llavit and Virgina Evangelista purchased their homes in different subdivisions in Imus.  Llavit wanted a home of her own and decided to look at BFS’s cataog of foreclosed properties after a suggestion from her cousin. Meanwhile, Evangelista inquired from BFS, searching for a home she can turn into an investment.  They were also helped by the BFS team in choosing their properties, going through the quick and efficient process, with a variety of homes at affordable prices. In General Mariano Alvarez, BFS properties include Casa de Monteverde Subdivision, and Mandarin Homes, in General Trias, Ciudad Adelina Lakeshore Subdivision and Tierra...

Homes at last for many Caviteños

(PJ Tonight) Attractive pricing and easy processes have been encouraging people to own homes in Cavite that are in the list of BFS Property Sales, the mortgage servicer of 52,000 delinquent loans from the National Homes Mortgage Finance Corporation. Properties from different villages and subdivisions all over Cavite are listed with BFS among them those located in Bacoor such as Camella Homes, Springville East, Camella Homes Springville North, and Camella Townhomes in Dasmariñas such as City Homes, GreenBreeze Subdivision, Postal Village, San Marino West, Solar Homes, South Meridian Homes, South Crest Village, Summerwind Village, and Villa Luisa Homes. In General Mariano Alvarez, BFS properties include Casa de Monteverde Subdivision, and Mandarin Homes, in General Trias, Ciudad Adelina Lakeshore Subdivision and Tierra Grande Subdivision.  Imus properties may also be availed at Camella Homes Barcelona while Noveleta properties are available at Camella Homes Noveleta.  Buyers can also take a look at properties at Capitol Hills Executive Subdivision. Ciudad Adelina, Don Bosco Executive Village, and Lily’s Village. BFS has resolved more than 35,000 accounts, thereby providing legitimate homeownership to more than 175,000 Filipinos and committing further to offer Balikatan borrowers different financial options to avoid foreclosure.  These include basing resolution amounts on...

Investors clamor for pre-owned homes

(Business Mirror) Acquiring pre-owned homes has become popular among first-time buyers, but BFS, the country’s only mortgage servicer and special asset management company for a portfolio of more than 52,000 delinquent loan accounts, has also noted an increase of purchases by investors. Federico Y. Cadiz, president of BFS, said there has been a marked increase in the number of homebuyers who refurbish the pre-owned homes and resell them because they are a viable investment option.  While BFS is company-of-choice among clients who hope to keep their homes through resolutions and loan restructuring, BFS also has a portfolio of properties which make for good investments. “Investors know that the values of real-estate property increase over time and BFS has made the foreclosed properties affordable, with easy payment schemes; that is why investors expect a good return,” Cadiz explained. BFS was set up precisely to manage such a portfolio by establishing a mortgage platform which manages all core competencies for servicing including loan origination, loan underwriting, loan servicing, credit management, valuation, default management, loss mitigation, property management and sales, and secondary market distribution. Since 2005, BFS has provided homeownership for more than 30,000 Filipinos families around the country by helping them...

Investors join clamor for pre-owned homes

(The Philippine Star) Pre-owned homes are becoming a popular choice not only for first-time buyers but also for investors, a leading asset management company noted. BFS, the country’s only mortgage servicer and special asset management company for a portfolio of more than 52,000 delinquent loan accounts noted the heightened interest of investors for pre-owned homes. BFS president Federico Y. Cadiz said there has been a marked increase in the number of     homebuyers who refurbish the pre-owned homes and resell them because they are a viable investment option. While BFS is company of choice among clients who hope to keep their homes thru resolutions and loan restructuring, it also has a portfolio of properties which make for good investments. “Investors know that the values of real estate property increase over time and BFS has made the foreclosed properties affordable, with easy payment schemes; that is why investors expect a good return,” Cadiz said. BFS was set up to manage such a portfolio by establishing a mortgage platform which manages all core competencies for servicing including loan origination, loan underwriting, loan servicing, credit management, valuation, default management, loss mitigation, property management and sales, and secondary market distribution. Since 2005, BFS has...

Investors clamor for pre-owned homes

(Malaya) Acquiring pre-owned homes has become popular among first-time buyers, but BFS, the country’s only mortgage servicer and special asset management company for a portfolio of more than 52,000 delinquent loan accounts, has also noted an increase of purchases by investors. Federico Y. Cadiz, president of BFS, said there has been a marked increase in the number of homebuyers who refurbish the pre-owned homes and resell them because they are a viable investment option. “Investors know that the values of real estate property increase over time and BFS has made the foreclosed properties affordable, with easy payment schemes; that is why investors expect a good return,” Cadiz said. BFS was set up to manage such a portfolio by establishing a mortgage platform which manages all core competencies for servicing including loan origination, loan underwriting, loan servicing, credit management, valuation, default management, loss mitigation, property management and sales, and secondary market distribution. Since 2005, BFS has provided homeownership for more than 30,000 Filipinos families around the country by helping them reacquire their homes through convenient means. BFS has a long list of properties in key cities around the country such as in Luzon (Nueva Ecija, Vizcaya, Oriental Mindoro, Bulacan, Cavite,...

Investors up demand for pre-owned homes

(Manila Bulletin) Acquiring pre-owned homes has become popular among first-time buyers, but BFS, the country’s only mortgage servicer and special asset management company for a portfolio of more than 52,000 delinquent loan accounts, has also noted an increase of purchases from investors. Federico Y. Cadiz, president of BFS, said there has been a marked increase in the number of homebuyers who refurbish the pre-owned homes and resell them because they are a viable investment option.  While BFS is company-of-choice among clients who hope to keep their homes thru resolutions and loan restructuring, BFS also has a portfolio of properties which make for good investments. “Investors know that the values of real estate property increase over time and BFS has made the foreclosed properties affordable, with easy payment schemes; that is why investors expect a good return,” explained Cadiz. BFS was set up to manage such a portfolio by establishing a mortgage platform which manages all core competencies for servicing including loan origination, loan underwriting, loan servicing, credit management, valuation, default management, loss mitigation, property management and sales, and secondary market distribution. Since 2005, BFS has provided homeownership for more than 30,000 Filipinos families around the country by helping them...