BFS Foreclosed Homes Listings For Metro Manila and Luzon

bfs, i dont like their services.please be careful on your transactions with them

Hi Ben, thanks for the concern. looks like you already have first hand experience with BFS. If you are willing, I believe a lot of readers and myself would appreciate it if you would care to share so that we will be well informed re: BFS. Thanks!

Hi Ben,

Thanks for the warning. Can you share your story?

Bryan
Investment Opportunities for Pinoys
http://www.investingpinoy.blogspot.com

Hey Ben I’m interested to hear about your story with bfs.

hi jay!
i’m interested in purchasing foreclosed properties. i just came across your blog just today and to be honest i don’t really understand fully how this works. lahat po ba ng mga ganito e thru auctions lang? i have to do some more readings pa para maintindihan to. your blog is very informative. thank you for sharing with us your knowledge.

follow up question, would you know if there is any site wherein i could look up for the financial terms translated in layman’s terms? sorry for my ignorance, i downloaded the excel file but the ones written in the PAD STATUS column (like COS WITH RD, COS ANNOTATED, ETC…), i don’t really understand what they mean. thank you so much!

Hi Ana,

Aside from public auctions, one can also get the properties through negotiated sale, magbibigay ka ng offer to purchase sa bank which is up for approval by the bank’s management. If hindi inapprove then you can negotiate upwards para mag meet halfway. Hmmm, usually kasi most of my posts are from the perspective of someone who has already read Think Rich Pinoy by Larry Gamboa. As I have said in another comment, I will come up with a series covering the basics. Thanks for visiting!

PAD status hindi ko alam… sorry. COS with RD means certificate of sale with registry of deeds meaning kulang na lang yung annotation sa RD. COS annotated means nakarecord na sa titulo yung certificate of sale or COS

Hi Jay,

Meron po ba kaung updated ng foreclosed property as of today? thanks po.

Hi Diane, oo nga, I will ask for updates from BFS. Thanks and I will keep post an update once available.

thanks po…outdated n po kc masyado ung nasa site nila, nakasulat dun na available,pag naginquire nman ako ssabihin nila in process na daw for approval na.tapos ung nasa site nila hindi malinaw ung address lalo n po ung Lot and Block.sana po mapagbigyan nyo po ako.ang hirap hirap po kasing tumawag sa landline nila halos 1hr bago ko sila makontak.thanks po uli.

[...] to a recent comment by Diane on my previous post containing foreclosed property listings from Bahay Financial Services [...]

Hi Diane, thanks for the reminder, nakakuha nako ng updated list pero as of September 2009 lang yon. Since November na, possible talaga na merong properties na sold na pero nasa list pa rin. By the way, sa Alabang office ka ba tumatawag or sa Makati?

Andito nga pala yung updated list as of September 2009: http://www.foreclosurephilippines.com/2009/11/bahay-financial-services-bfs-foreclosed-property-listings-updated-as-of-september-2009.html

Please send me the list of foreclosed properties
in Camella West Springville, Phase 3 ,Molino Bacoor Cavite . My brother is interested to buy ,he is an OFW coming home this December 2009 .

Will appreciate if you can send the list on my e-mail.

Thank you

i’ve been paying for 14months since june 2008 til aug.2009,when i got a feedback from ur property dept. that d property i was interested wasnt yet a closed account.i’ve talked to d owner, a family friend & she told me that she’ll make a letter just to show a proof that she agreed to give up d property in favor of me.what is the best thing i can do to continue my monthly amortization which i started since last year?ur reply wl be greatly appreciated,thank u very much!

Hi Juana, sorry but I am not from BFS, I just share lists of foreclosed properties from BFS for the benefit of readers and subscribers.:-)

However, I would still like to help. May I ask to whom you have been paying the monthly amortizations? Is it to the owner or to BFS? Am I correct to say that you want to assume the loan as the new owner?

I hope to hear from you soon!

Hi Judith, I will send a copy through e-mail shortly. Thanks!

yup,ur correct sir!i was considered as a new buyer & all payment transactions were made at BFS Buendia center, makati.they wanted me to go there & talk to them but im a very busy person so til now havnt talk to them yet.bec. of this,i stop paying since sept til now.
thanks for taking time to respond on my inquiry.still hoping for a positive result.thanks a lot po!

hi jay , i’m interested in buying a house and lot some where in bagumbong kalookan city . I would like to know how to avail and waht are the recquirements needed thanks..

hi, i’m interested in purchasing foreclosed property near in metro manila. please give me an idea where & how much is it. And if ever, if i can be loan it at pag-ibig housing loan.thank you very much.hoping for ur details.

Hi! Can you send me an updated list of foreclosed property in bacoor cavite. Im interested. how about the mode of payment? Thanks.

At gaano po katotoo na need mo pang palipasin ang example 30 years na term ng previous owner bago ka magkaroon ng karapatan na ipaayos ang nabili mong bahay. may nag inform lang po sa akin nun nandun ako sa citi homes dazma na ganun daw po ang systema, dahil may karapatan pa din daw po un may ari

hi,im interested in buying house and lot somewherre in san jose del monte in muzon to be exact.could you send me the details and the terms of payment.tnx

my experience of making a bid in the bank: today open pa. then we make a bid. then tomorrow closed na. ang balita ko, mga bank officers din daw ang kumukuha ng mga yan, they just use dummies. ganyan din ang gawa sa hlurb. correct me if i’m wrong. kaya nakakawalang gana mag-bid. aksaya ng oras at isip.

meron ba kayong pasig area?

Hi, can I ask you a favor, kindly send to my email the updated list of foreclose property in bacoor, cavite. Thank you.

dear jay,

need help pls..3 persons (who are agents) came to my house and said their client (a friend of the original borrower) is going to redeem the property i recently acquired from bfs. the renovation is nearly finished and i have already spent so much to just give up the property. i was made to believe that since the prop was abandoned for more than a year already and bulok bulok na ung bahay, that it will never be redeemed by its original borrower (well based on bfs experience/record?). now im just wondering why a broker had to approach me informing me about them redeeming the prop? i called up bfs and they said they will check the cos registration (was originally issued march 10, 2010).now i dont know what to do. pls advise.

Good afternoon Mr. Jay, I would like to know if I will buy a foreclosed property here in Rizal, who will be responsible in handling the situation if just in case the original borrower wouldn’t like to vacate the place? Hope you’ll get in touch with my query. Thank you.

Please send me the list of foreclosed properties
in Camella West Springville3, Phase 1/2/3 ,Molino Bacoor Cavite . My parents are interested to buy .

Will appreciate if you can send the list on my e-mail.

Thank you

my friend has some bad experiences with BFS too…kumuha xa ng foreclosed unit then nagbigay xa ng 50k dwnpayment then another 20k downpayment pa rin. tapos pwede na daw siya lumipat sa haus. so before xa lumipat pinaaus nia muna paunti-unti. nung biglang may dumating na tao from BFS pinagalitan xa..di p dw sia pwede mgpaaus nung bhay tsaka di xa pwede lumipat. dahil misinformation sinabihan xa na cge pwede xa lumipat pero bilang caretaker…Tama po ba yun?

Hi there..

Just want to share…kailangan po talaga may TURN OVER documents kau from BFS..from then, pwede na kaung lumipat at magpaayos ng haws…

Another thing…right now, after purchasing 2 properties from BFS, after 1 yr hindi ko p rin nakukuha ang title ko..kesyo hindi pa daw naaayos ng LIason officer nila..kesyo ung payment ko daw hindi pa nasusubmit ganun cash namin binayaran un….tapos may natanggap akong letter from BFS para to inform me kung ano na ang situation ng properties ko..so far oki nman sya…nasa transfer na ng title sa name ko..but when i talked to someone from BFS..kesyo hindi daw tama ang letter na natanggap ko dahil may error daw ang computer nila..hellow???? kaya sa inyo dyan..make sure kung magbabayad kayo ng processing fee with regards sa transfer make sure naka itemized lahat ng babayaran nyo…un lng po..

can u send me foreclosed properties in antipolo city or near antipolo city.thanks much

Ben

I agree with you. It takes years before they can give you the title under BFS

Hello,
Interesado akong bumili ng property sa Camella Homes, Woodhills Subdivision sa San Pedro Laguna, pwedeng makakuha ng copy ng latest na forclosed list sa lugar na yan?

Thanks and Regards

me too i have a bad experience in BFS,be carefull to all buyers,thanks

hi jay can you pls send me a copy of a foreclosed property in san lorenzo sta rosa?tnx

Hi Jay!

can you give me updated lists of foreclosed property in sorrento camella bacoor cavite. im interested in the location. thanks.

pag nag down payment na ba, pwede na ba lumipat kagad? o may prosedure pa na susundin? kc ayon sa forum dito may na karanas na hindi magandang transaction sa BFS, may nag bayad na ng cash himdi pa din na kukuha yung titilo nila?

hello..may available ba kayo dito sa cebu or sa luzon lng..kasi pag meron dito sa cebu kukuha sana kami..

Tip lng sa mga gustong bumili ng property sa BFS be sure na wla ng nakatirang occupant first owner man or assumer. May binili kming property sa BFS last year exact date June 16, 2010 95% percent cash half a million ang binayad nmin, hanggang ngayon di pa nmin natitirahan ang property dahil sa ayaw umalis ng second owner at lumlaban pa sa court, RTC Antipolo last hearing nmin Feb. 16, 2011, we have to wait for the resolution of the Judge, pati yung TCT ang tagal asikasuhin ng BFS yun na nga lng sana ang pinanghahawakan nmin para may laban din kmi, makupad mag transfer ng TCT ang BFS palagi ko nlang silang tinatawagan. Para lang kaming nag deposit ng pera na wlang interes, sana kumita pa sa ibang paraan ang pera nmin napalago pa sana. Mura nga property nila mapapamura ka din sa kupad ng sistema nila. Sa aking kaalamam hindi aabutin ng taon ang paglipat ng title, apat na title na ang naayos ko at nailipat sa kanikanilang may ari.

Tama ka na experience na din nmin yan hanggang ngayon wla pa kming Title at wla pa din sa amin ang property. Last year pa kmi kumuha ng property june 2010 sa BFS cash pa, mura nga property nila magmumura ka din sa kupad ng transfer nila, pano nlang kung gusto mo loan sa pag ibig mabubulok na ang bahay wla pa din ang Title.

yung sa friend ko nga tatlo na ang nabili nila sa BFS khit isang title wla din puro din yun cash halos 1.5M na ang kinita ng BFS , tpos yung dalawang property may kaso pa sa RTC Antipol sabay din kming nag fofollow up sa RTC branch 71 kse may kaso din yung property na nakuha nmin, one year ng natulog ang pera nmin sa kanila khit lupa sa paso wla pa kming nahahawakan.

salamat sa mga impormasyon. buti na lang hindi pa kami nakuha sa kanila. I am hoping sa pamamagitan ng mga comment above ay wala ng sumuporta sa kanila. kawawa naman ang mga biktima.

Hi all!.. Thanks for the info, sad to say I had a transaction with BFS recently (Aug 1, 2011), I never thought that there are problems with their company and on their transfer of Title.
for the above complainant we also want to hear your continuation of the story, if you and BFS have already fixed the problem? Hi Ana, Kate, Haze and Diane, we’ll apreciate if you could share on the recovery plan or if there is one.

Good day to everyone.

We would just like to address a few questions/concerns above. For anything more specific, kindly contact us at the following venues:

Alabang Office – 756-6267 or 756-6376
Makati Office – 750-3888 (loc. 588 and 548)
E-mail: info@bfs.com.ph

1) Our latest property listing can be found at: http://www.bfs.com.ph/property. This is updated on a monthly basis.

2) BFS offers a range of conditional products across the spectrum of the foreclosure process, including ROPA and those still within the redemption period. We disclose all the relevant issues during our discussions with you so that you are thoroughly informed of the product(s) that you are purchasing.

3) BFS strictly adheres to and follows all government regulations, procedures, and requirements. As such, our ability to transfer the title to the Buyer’s name may be limited by the processing efficiency of these entities but is separate from turnover of (and your benefit of using) the property.

Property turnover occurs shortly after you have fully paid and complied with all the necessary documentation. An Authority to Move-In Certificate will be issued by BFS signifying this transaction.

4) Our properties are sold on an “As is, where is” basis and on a “1st to purchase, 1st served” and/or “best offer” policy. We do not accept reservations or deposits.

We also have a range of payment schemes, ranging from Spot Cash to Installment to Financing (subject to the necessary management approvals), and do offer discounts depending on the payment scheme and property concerned.

We would be more than happy to assist you for anymore questions or concerns. Again, kindly contact us anytime from M~F, 9 am. ~ 6 pm.

Thank you very much.

onin Good Luck with your transaction with BFS. As of now our case filed by the assumer or the second owner still on pending no resolution done from RTC antipolo we still need to wait for the last hearing this coming oct. and hopefully the judge decision be in favor to BFS , with regards to our Title im still following up religously with BFS WALA PA DIN!!! So if you have plan to loan or to use you Title another Good Luck. Anyway if you are already occupying the property you bought from BFS good for you cause on our case we took the chance to buy the property that still occupied. Kala kasi namin ganon lang kadali magpaalis may mga tao pala na matitigas ang mukha na kahit walang hawak na title kapit tuko sa property. Sana bumili nalng kami ng house sa mga developer na ready to occupy, lesson to learn. Kaya need to wait for another year 2012, two years na kming naghihintay sa property na di nmin matirahan.

BFS please lang sana nman ayusin nyo yung pag process ng transfer of title sa mabilis na paraan lalo na if cash payment. Like on our case 90% cash binayad nmin and one year na kaming naghihintay ng Title.

For any concerns or inquiries on your purchase, kindly contact your handling Account Specialist.

You may also get in touch with our Property After Sales Administration at 756-6305.

Our offices are open from M~F, from 9 am. ~ 6 pm.

Thank you.

Hi Jay,
sa dami ng comment sa BFS naguguluhan tuloy ako? pano ba talaga ang proseso ng pagkuha ng foreclosed property sa BFS? kailangan ba may down payment? halimbawa .5M yun bahay magkano kailangan nyo down payment? at tulad ng comment ng iba pano kung may nakatira dun sa bahay at ayaw umalis?

BR//
reynacman

FYI reynacman if ung property na nabili mo may nakatira and ayaw umalis thats a big problem, BFS will not help you, like on our case two years na kaming naghihintay sa property na nabili namin, nasa RTC antipolo pa yung case namin cause naghabol yung second owner or assumer and till now wla pa sa amin ang property or di pa nmin ma occupy. kung manalo man kami sa case kami pa ang mag shoulder ng payment sa sheriff na 15k dahil ang dahilan ng BFS as is basis. So all we need to do is to wait for the resolution judge decision. Gusto na nga sana nmin bawiin yung binayad nmin na cash or ipalit nalang sa ibang property hindi daw pwede. Kaya if I wer you buy a property na walang nakatira para di ka mag ka problema, hindi sa sinisiraan ko ang BFS pero I just want to share with you our situation now. OK

Good day to everyone.

Our properties are sold on an “As is, where is” basis and on a “1st to purchase, 1st served” and/or “best offer” policy.

Most of our properties are vacant, while some are occupied. However, it is completely the Buyer’s choice and decision to purchase the type of property. We never impose this on you and fully disclose the condition of the property before you purchase.

For anymore questions or concerns or anything more specific, kindly contact us at the following venues:

Alabang Office – 756-6267 or 756-6376
Makati Office – 750-3888 (loc. 588 and 548)
E-mail: info@bfs.com.ph

Likewise, our latest property listing can be found at: http://www.bfs.com.ph/property. This is updated on a monthly basis.

** BFS offers a range of conditional products across the spectrum of the foreclosure process, including ROPA and those still within the redemption period. We disclose all the relevant issues during our discussions with you so that you are thoroughly informed of the product(s) that you are purchasing.

With Jay’s permission, BFS Property Sales would like to announce:

*** 30% off on Selected Properties when you purchase via Spot Cash – valid for this month (September 2011) only! ***

You may reach us at:
Alabang Office: 756-6330 or trunk line 756-6267 (x303, 479, 510, 546, 582)
Makati Office: 756-6376 or trunk line 750-3888 (x332, 388, 422, 458, 543)

Our full property listing is available at: http://www.bfs.com.ph/property

Thank you.

Laguna Area
Camella Homes Woodhills
Golden City Subdivision-Sta. Rosa
Maryland Homes III
San Lorenzo South
Southfairway Homes Classic

cAN YOU PLEASE SEND ME THE PRICE LIST

dear jay,

what if kung yung property na sinanla ng owner sa bfs ay ibenta samin para kmi nang mag shoulder. pwede ba yun?

dear sir jay,

myron ba kayong Alabang  or Las Piñas area, can you send me the list thru my email add to hazelb@scanasia.ph, my brother is interested to avail  forclosed single detached unit, he is an OWF…

appreciate immediate feedback

thanks,

hazel

myron ba kayong muntinlupa rv2 paano ba bayaran dyan

good evening sir.ako po ay ofw gusto ko po sanang kumuha ng lupa tru ofw loan,pwede po bang idaan yun loan s bfs,thank u im richard