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Press Room

BFS Participates in 2012 Housing Fair

BFS, the pioneering mortgage servicing and special asset management company, joined the 2012 Housing Fair held recently at the SMX Convention Center.   With a nationwide inventory of pre-owned homes, BFS caters to people who are looking for attractive buys at value for money basement level prices.   Says BFS Head of Property Sales Antonio Ortiga, “One of the things that we have to acknowledge in the Philippine housing sector is that not everyone can afford the high prices of homes in the market today. BFS is offering value for money through a wide inventory of idle properties in strategic locations. These are primarily located in developed subdivisions in Laguna, Cavite, Bulacan, Rizal, Caloocan City and Muntinlupa City and are closer to the city centers where the activity is. These present a good and cost-effective alternative, especially for both entry level home buyers and investment buyers, with homes selling at prices ranging from P150,000 to P2,000,000 for a house and lot unit.”   BFS extended its 2D Max Program for property buyers until December 2012 where interested buyers may avail of up to a 50 percent discount on select pre-owned properties. Interested parties may visit www.bfs.com.ph/property to view the...

BFS Offers 2D’ Max Program for Property Buyers

Pioneer asset management company BFS recently announced its most aggressive sales program to date for potential home buyers. Under the 2D’ Max program, eligible spot-cash buyers may enjoy up to a 50% discount on select pre-owned properties.   Properties available under the 2D’ Max program are located nationwide, from Metro Manila extending up to the provinces of Bataan, Bulacan, Cavite, Camarines Norte, Davao, Laguna, Pampanga, Quezon, Rizal, and Tarlac, among others.   “Pre-owned properties are an attractive alternative, especially for entry level home buyers,” states BFS Property Sales Head Antonio Ortiga. “Generally, real estate prices are expected to continue to appreciate in the short- to mid-term period, so our affordable pre-owned house and lot packages provide buyers today with great value for their money.”   “Through BFS, end-users and investors alike are presented with this rare opportunity to acquire properties at bargain prices. Moreover, the properties which are located in gentrified communities appreciate in value over time; hence, buyers realize home equity which is a big component of personal savings.” explains Ortiga.   BFS Property Sales has been offering Filipinos with a cost-effective alternative, at a time of rising food and gas prices. Adds Ortiga, “our buyers realize that...

B-Online Reaches Out to Customers

BFS’ new platform of communication called the B-ONLINE Customer Service Desk was in response to the need of BFS clients for a quick, convenient and real-time means of clarifying various issues and concerns about their existing accounts. As the premier special assets management and mortgage servicing company, BFS services both performing and non-performing loans including the Balikatan portfolio with over 52, 000 accounts nationwide. The company’s past efforts of reaching out to clients included setting up offices in provinces, conducting field visits and a communications campaign through post, landline and mobile phones, SMS messages and emails.   “We realize that some of our customers do not always have the time and money to bridge the physical distance to see us face to face in our offices. Some are even working abroad as OFWs and it would be too costly for them to reach us to ask questions. BFS wants to make it more convenient for them. Now, all that they have to do is to look for a computer with internet access and possibly, with a webcam, so that they can talk to us in real time,” says Ms. Juno Henares, BFS Corporate Communication Head.   Through its online...

BFS Offers Special Discounts to Qualified Borrowers

BFS offered another special discount to qualified Balikatan borrowers until December 15, 2010. Rather than see borrowers lose their homes through foreclosure, BFS is offering another opportunity for qualified borrowers to resolve their housing loans and realize savings. This only shows BFS’ continuing commitment to give all borrowers every opportunity to settle their delinquent housing loan obligations through affordable financial packages and have a chance at...

4 Easy Ways to Contact BFS

1. Visit our offices at 22nd and 24th Floor of the BPI Buendia Center on Sen. Gil Puyat Avenue in Makati, on the 8th Floor of the Insular Life Corporate Center in Alabang, and at Unit 301 at the Plaza De Luisa in Davao City.     2. Call us at 750-38-88 or PLDT toll-free outside of Metro Manila and Davao at 1-800-10-2255-BFS.         3. Text us at 0922-999-BFS. Borrowers may also reach us by texting their handling Account Specialist for questions regarding their account.         4. Through the web at www.bfs.com.ph. Contact us real-time online at www.bfs.com.ph and click on B-Online. All borrowers located all over the globe may now simply log on to www.bfs.com.ph and click on the Customer Service Desk...

BFS Makes Resolution Possible Through B-Online, Activates New Toll Free Service

Balikatan account holders all over the globe may now talk to their assigned Account Specialist on the web real time by logging on to www.bfs.com.ph through B-Online. The B-Online Customer Service Desk is a powerful feature that takes advantage of the increasing internet familiarity and connectivity of Balikatan borrowers. The initial phase of the project is targeted towards clients with their own computers and internet access.   Based on the latest website stats, the B-Online page is receiving a daily average of 35 views and 25unique hits. Clients abroad are also taking advantage of this service with web visits from the United States, United Arab Emirates, Oman, Saudi Arabia, Qatar, the Netherlands, Malaysia, Kuwait, United Kingdom and Australia.   One B-Online success story hails from Mindanao. Mr. and Mrs. Nalderito Resente of Scions, Iligan City in Mindanao initially thought that resolution was hopeless since Iligan was far from Manila and they did not know how and who to call. Through B-Online, their handling Account Specialist, Bryan Organo, explained the process and counseled them. They were also told not to worry because BFS reduced the interest and penalties and offered them a substantial discount. The Resentes flew from Iligan to...