Pre-owned homes a hit among investors

(Manila Bulletin)

BFS, a mortgage servicer and special asset management company for a portfolio of more than 52,000 highly delinquent loan accounts, has noted an increase of purchases by investors.  Federico Y. Cadiz, president of BFS, says there has been a marked increase in the number of home buyers who refurbish the pre-owned homes and resell them because they are a viable investment option.  While BFS is one of the top choices among clients who hope to keep their homes through resolution and loan restructuring, BFS also has a portfolio of properties that make for good investments.  “Investors know that the value of real estate property increases over time and BFS has made the foreclosed properties affordable, with easy payment schemes.  That is why investors expect a good return,” explains Cadiz.

Since 2005, BFS has provided home ownership for more than 25,000 Filipinos families around the country by helping them reacquire their homes through convenient means. Visit any of the BFS offices in Makati, Alabang, and Davao, or call BFS through trunk lines (02) 756-6230 or 750-3888, the Davao office direct through (082) 221-0809, call PLDT toll-free outside of Metro Manila and Davao through 1-800-10-2255-BFS (237); Text (0922)-9999-BFS; and email info@bfs.com.ph