Bahay Financial Services or BFS currently has a vast inventory of pre-owned or foreclosed properties for sale that includes investment/budget homes and lots. Their current listing includes properties in attractive locations in the National Capital Region (NCR), CALABARZON, Visayas, and Mindanao.
I have checked the listing and I noted that it includes more than 3,000 properties that are still in “Available” status.
The foreclosed properties for sale are very affordable and easy payment terms are also available. For more information, you may contact BFS directly using the contact details found here: http://www.bfs.com.ph/contactus
The BFS foreclosed real estate listing is available online and you may access it through the following link: http://www.bfs.com.ph/propertylist. For those who want to download the complete list by copying it online, you might get frustrated as it could take a long time to download due to the large amount of data, even with a fast internet connection. At least that was what I experienced when I tried it. Anyway, after a long wait, I was able to download the complete listing. If anyone wants to download my copy (which I have already zipped) to avoid the long time to download I encountered, you may download it here.
I know a fellow real estate investor who has already purchased two repossessed houses from BFS which are now part of his portfolio of real estate investments. He is already receiving positive cashflow from these properties.
Bahay Financial Services, Inc. is a pioneering multi-national mortgage servicing platform that combines functional competencies in Mortgage Finance Origination and Credit Underwriting, Loan Servicing, Default Management, Property Management and Secondary Market Development. More information about BFS is available here: http://www,bfs.com.ph/aboutus
Don’t forget to subscribe to my mailing list so you won’t miss any new listings. If your mailbox is getting full, you may also subscribe via RSS reader.
Hi Jay, i really admire u for taking all the effort sa pag reply sa mga tanong namin..khit minsan paulit ulit n yong iba :-).. Keep up the good, God will surely reward u and ur family…
Ask ko lang gusto so sanang bilhin ko ang haus ng pinsan ko na under n now s BFS. When i checked the lists of foreclose properties ng BFS wla namn dun. Nung pmunta ako s BFS ksama ung pinsan ko n may ari ng haus mura pag itutuloy ng bayad ng pinsan ko. Balak ko sana na ituloy nalng under her name pero ako bibili then i-transfer na lng s name ko later. What do u think of this? May makukuha paba ang pinsan ko n money kc sbi nya meron daw kc ndi p namn foreclose? sbi p nya khit cnu daw bibili may makukuha pa rin sya, is that true? Please advise me ndi ko po alam kung anu 22o…
MAraming Salamat…
Hi Leah, good point! I’ll be creating a new FAQ page because of your observation… thanks for the idea! 😉
Mas maganda nga ikaw na lang ang magtuloy para wala nang foreclosure na mangyari, tapos itransfer mo na lang sa iyo later. With regards sa kung may makukuha siya, If hindi pa foreclosed, pinsan mo talaga ang seller, so dapat nga may makuha siyang pera kasi kayong ang may transaction with each other, although hindi ako 100% sure dahil hindi ko alam ang loan amount, loan balance, etc. Baka may portion payment sa BFS mapunta.
Hello,
Can you help me find a property in INA Exec Homes, Valley 1, Paranaque (kung meron lang… sana) which I can pay via installment plan. I need an inexpensive property for my family. Thank you in advance n pls have a heart.. thanks for your effort.
Hi Eloisa, maybe Roel Vergel may be able to help. You can also check this list of updated listings from BFS, maraming choices available: https://www.foreclosurephilippines.com/wp-content/uploads/2009/09/BFS-COPY-luzon-inventory-as-of-July-30-2009.xls
Hi Jay! Thanks for your advise and hope you can find a way to solve this problems. This is not really my line thats why I really find it difficult to deal with it. but atleast there are still people who are ready to help like you! Thanks a lot and God bless!!!!…..
Hi Mr. jay, I just want to ask… what if ung bahay namin na for-closure is under na ng BFS? Pde b namin bilhin ulit un, but this time, under my name na? If so, same conditions dn ba with the others or pdeng mas mababa ang i-cash out namin and mas longer term?
Thanks in advance for answering my Q!(=
Hi Rhea, sorry mukhang nakaligtaan ko itong question mo. Talaga bang foreclosed na at wala nang habol? Baka pwede pang ma restructure yung loan, etc. If talagang foreclosed na, mukhang pwede naman na ikaw na ang bumili, it should be with the same terms available to other buyers. I still have not had my meeting with BFS to interview them on the details like payment terms, etc. Will eventually create a post about that once the interview pushes through.
Hi Jay! I am looking for a site na makaktulong sa akin when I end up here. I just want to ask some questions and hope you can answer me. I purchase a property from an original borrower pero rights lang then I sent a letter of intent sa BFS. My problem is how can I know it this property is already under redemption period or tapos na ang redemption niya? At by the way nakatira na ako sa bahay na to. Thanks and hope you could help me with this.
More power to you and your Family!….
Hi Renz, the best way would be to deal with BFS directly. I haven’t really had any first hand experience with BFS though although I am supposed to meet with one of their representatives one of these days as I want to interview them and maybe I can include your concern in the interview. One trend I noticed is that a lot of people are somehow finding it difficult to get details about properties under BFS and I’ll try to get information on how this can be solved…
BFS…
Whenever I hear these 3 letters, It makes my blood boil…
Anyone want to know why???? They are only making us pay 500K, when our real debt is just 100K. That’s what I call OVERCHARGING!!!
Hello Anonymous, I’m sorry for the bad experience you are having with BFS. Having a loan balloon to 500K from an original amount of 100K is simply too much. What is their explanation for the big amount? I suggest however that you keep the communication lines open. I was supposed to have a meeting with a representative from BFS as I wanted to interview them to learn more about them but it got deferred. Anyway, I can also ask about your current situation and maybe they can suggest on ways on how to avoid such overcharging.
A pleasant good day, I would like to inquire reg the properties in Fairview and in ALMAR. Please do send me the details on how I can purcahse a property.
Hi Daisy, to get more details, you may contact BFS directly through the following:
Trunk Line: +63 (2) 750-3888
Fax Number: +63 (2) 756-6247
E-mail Address: info@bfs.com.ph
Mr. Castillo,
are you a broker? and if yes would you mind to send per email the list.
Thanks,
romeo
Hi Romeo, unfortunately I am not accredited with BFS. You can still however download their list by visiting: http://bfs.com.ph/propertylist.html
Thanks for visiting!
sir tanong ko lang po kung ang opis po ba ng BFS ay sa Alabang Muntinlupa sa may Insular Life Building 8th floor? Nagbago na po ba ang office nila? kc po ang lam ko sa 24th floor, BPI Buendia Center, se. gil puyat avenue…please help me kc po bibili po ako ng haus bka po ndi po emploed ng BFS ung mababarayan ko… or pano po ba malaman na totoong emplyee ng BFS ang ang kausap mo…please help me….
Salamt po..God Bless…
Hi Leah, sorry but I would have to verify if that’s the correct address. With regards to verifying if the person you are dealing with is really from BFS, the easiest way would be to call them up using the contact numbers on their website. Also, if ever you are going to push through with the purchase, always pay using checks made payable to BFS, not the agent/broker, and I would also suggest that you should only transact at their office. Just let me know if you have further questions and no need to call me “sir” hehe! Thanks for visiting!
naghahanap po kau ng house and lot d2 po im agent at bfs
hi sir,ask ko lang po if yung capitol hills in trece martirez cavite eh under ng BFS?..balak ko kasi bayadan yung bahy na tinitirhan nmin eh. eh pina aadress nila yung cheke sa Balikatan Property Holding Inc. just want to make sure!! pls.reply asap.. tnx po
rereply ky ang BFS skin. nag-inquire ksi ako s property nila s cilla prinsesa subd. puerto prinsesa palawan. may alam k bang information s property n ito. THANKS!
HI Myrna, actually BFS contacted me 2 weeks ago asking for my contact details so they can send me an updated listing of their properties. I sent my contact details to them and actually sent a follow-up e-mail but I am still waiting for the list. Anyway, sorry but I don’t have any info regarding their properties in Palawan at the moment. Thanks for visiting!
hello….i just want to ask….the real owner is my aunt then almost more than so many years until now hindi na nya pinakikialaman ang bahay now the bfs giving me the right kung bibilhin ko ang bahay ang kaso any time this month they can demand a sherif nalisanin ko na ang bahay dahil almost 1 year na ang binigay na palugit…..possible bang gawin nila yun without sending any letter sa nakatira about 1 year lapse?……sa ngayun hinahanapan namin ng paraan para malikom ang pera…possible din bang ipagkaloob nila sa akin ang bahay sa tamang halaga? at may possibility bang ibigay nila sa iba ang bahay kung mas mataas ang offer ng bibili kaysa sa kung anong kaya ko? or malaki ang chances ko dahil ako na ang nakatira for over a year…..salamat
Nag inquire po ako rati ng property sa bfs sa may sfdm bulacan. Ok sana sya mlki discount kapag cash ,no occupant, but i hesitated kasi the title is still in the name of the former owner at ako pa raw ang magtatransfer. Paano po ba ang process ng ganitong sitwasyon. Do I have to locate the previous owner to sign some docs? At gaano katagal kaya ang pagpapatransfer and fees involve.Sensya na po, no knowledge tlaga ako, but willing to learn po.
Hi Ayehn, first thing you need to know is if the one year redemption period has expired. We need to respect the previous owner’s right to get his property back. In case it has expired, the you can proceed with the transfer. However, the transfer that you should be concerned about is the transfer from BFS to you. BFS should have the title consolidated(transferred to them) and then you can take care of transferring the title from BFS to you.Transfer fees would normally be 8% to 10% of the selling price because it may include capital gains tax(6%), documentary stamps tax(1.5%), transfer tax, etc. so 10 % would be more than enough. Mga 3 months siguro para sa pag transfer kung walang problema ang mga papeles. No problem lalu na’t willing to learn! Salamat sa pag bisita!
Hi Roel,thank you for the info. sana nga po you can help me kasi agent pala kayo ng BFS, just let me know kung ano n status kung magkano sya ngayon if cash or installment.Sa Makati office nag inquire father ko pro d parin confirm kung magkano talaga. thank u
tumawag ako sa BFS, laki ng discount nila for cash payment for certain properties more than 30% ng tag price. kaya lng labo easy payment terms 50% down. thing is, im not into investing and im only looking for low-price house with easy payment scheme where me and family could settle in. any suggestions? ala ako swerte sa pag-ibig mostly occupied ung napipili ko sa cavite.
Hi Shaun, I’ll be on the lookout for properties for you. As I have said in the past, even if you are not an investor, why not buy a house as if it were your first investment so that later you can sell it for a profit, or get positive cashflow from it when you decide to rent it out. Thanks again for visiting!
gearaldine, ask ko lang.. anong address po ba ng House nyo? at saang office ng BFS kyo nag iinquire?? sa alabang po ba?? agent po kc ako ng BFS., try po ntin baka may magawa pa tyo! kindred_garcia@yahoo.com– ym
Sir Jay, naTry ko na ang humanap ng house sa Bfs., ang hirap talaga ng may naka-Occupy na Former Owner., aawayin ka talaga, hehe buti na lng cool lng ako, anyway they give 10% discount pag Cash. pero sa dami ng Buyer nila, abutin ka ng siyam-siyam, may makausap lng sa marketing
Hi Roel, yes, yan ang mahirap pag may occupants. Advice ko lang, pag may occupant, iwas na lang. Buti na yung nag-iingat, marami namang ibang properties!
Tama, mahirap talaga pag may occupants kaya medyo mahirap din maghanap ng mga foreclosed properties na walang occupants. Sana makapagpost ka ng listing from Pag-Ibig at dito sa Visayas area. 🙂
.-= Jonha´s last blog ..My Rags to Clothes Story – A Modern Rags to Riches Story =-.
Sir/Madam, ung public auction po ninyo sa july 11, 2009. Saan po banda ung tamang address kasi po di ko alam ung Unionbank special. Paki bigay lang po ng tamang address. thank you.
Sir pls. help just let me know kung pwede pa mahabol ang foreclose na house and lot kung babayaran nman kaya lang installment kc before sabi ng BFS if cash 550K tapos last June 2009 sabi nila 680K na dahil nag ask ang father ko ng installment. Wala po akong idea kung pano sila kakausapin at sino kc yun agent n nagwork don sa BFS lagi daw naka leave.gusto ko po sana ako n bumili bago ma end ang 1 yr. sabi kc ng father ko me 1 yr. paraw sya bago paalisin don. pls. help po. godiap@yahoo.com Thanks and God Bless
Hi Geraldine, yes may habol pa yan kasi nga meron pang 1 year redemption period ang property pag naforeclose. Okay din at nag negotiate na pala kayo ng installment terms. kailangan lang ma confirm niyo kung kelan nag start ang 1 year redemption period. Kahit naka leave yung agent, dapat may mas mataas na pwede mo kausapin. For sure mas gugustuhin nila na maiayos pa yung loan niyo kesa maging final ang foreclosure. Will also e-mail you. I hope and pray all will work out well.
@Diana, basically the redemption period is the one year period given to owners whose properties have been foreclosed where they have to right to continue staying at the property and come up with money to “redeem” the property which means they will have to pay the full loan balance.
@Ariel, I don’t focus on foreclosed properties in the Taguig area hence I can’t give you any leads, sorry about that. However, I have just finished installing Google Custom Search to this site so you can search for posts that indicate properties in the Taguig area. Please try it out, you can find it at the top of the right-most side bar.
@ Mary Joy and Joseph Ira, sorry but I also don’t focus on those area’s hence I can’t say I encountered any properties Caloocan and Tunasan. Same as my advice to Ariel, you can also try using the search function of this site at the top of the right-most side bar. Thanks for visiting!
@Fe, sorry but I don’t focus on the Cavite area so I wouldn’t have any rent-to-own properties available there. Thanks for the comment!
@Paulo, I’m not sure if BFS will all immediate loan take out to Pag-IBIG, you will have to verify from them. What I do know is that Pag-IBIG accepts taking out loans from banks. First step is you will have to attend one of their daily seminars and then you can get more details during the loan counseling. Thanks for the visiting!
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gud am sir/mam! i am looking for a foreclosed/dacioned house and lot in Sta. Rosa City. pwede po ba ipasok sa Pagibig yung house and lot ng BFS? thanks in advance…
sir, meron ba kayong rent-to-own properties dito sa cavite? how do i avail of that?
hi i have unit at cavite paliparan1 …do you interesred…rent to own or forsale txt me 09994393504…. mel
mga sir/ma’am meron po ba available sa camella ridgeview tunasan okie po ba dun hindi po ba binabaha doon kasi may nakapagsabi saakin na binabaha daw doon.
@joseph Ira, i Personally visit the Tunasan proprty.. ang Promlema po dun, walang ilaw ng Meralco sa mga daanan, madilim sa Gabi, pero hinde nman po masyado binabaha…
nsan na poh ung listing property for dolmar golden hill subdivision Caloocan for 2009????????
how about taguig area along c-5
wat po ibg sabhin ng redemption period,,
hi, may alam ka ba foreclosed property na pwede mabili area ng quezon city o san juan malapit sa work ko sa santolan. kindly email me naman mga listing.
@Ariel, haven’t been able to spot a foreclosed property in that area recently, a friend of a friend was recently looking for a property in the Gilmore area but I wasn’t able to find one. However, I have a lot of new listings which I haven’t checked yet, I’ll be on the lookout and let you know if I find any. Thanks for visiting!
sir Ariel, mga Property po sa San juan, mostly P3M ang pinakamababa..
hi guys,
bear in mind that these foreclosed properties have also accumulated tax arrears, tax payments sa municipality where they belong, so after you acquire the property, next move is to check the tax arrears, unless included na ito sa foreclosed property amount na babayaran mo.
@matt, I agree, interested buyers should check for any arrears the property may have. I included this on my post about the 31 questions you need to ask when inquiring about foreclosed properties and this can serve as a handy checklist and for part of one’s due diligence. Thanks for the comment!
Hi Jay. Can you help me find your blog containing the 31 questions to ask when inquiring about foreclosed properties? Thanks and more power!!
Hi Tony, you may access that article using this link: https://www.foreclosurephilippines.com/2009/03/31-questions-you-need-to-ask-when.html which is also accessible under the “Featured Posts” section at the middle column of the bottom section of this blog.
@Anjie, it seems I have not received any e-mail from you yet. You can also send me a txt at 09178843882. A buyback can be arranged but that would depend on the circumstances. Please do contact me so I can discuss with you further.
Hi Jun, thanks for the comment and the nice words! Just my way of paying it forward. A lot of people have helped me along the way and I just want to give back. May God bless you and your family as well. =)
Hi Jay.
Your generosity to share with all of us your resources on these very, very valuable information, is very refreshing, and inspiring. It must have taken a lot of time and effort to obtain all these and your knowledge, and you allow us to benefit from them without expecting anything in return. Kudos, and more blessings to you and your family.
Jun
hi anjie, i’m so sorry for the situation you are in right now. Let me discuss this with you privately, please send me an e-mail at ph.investor@gmail.com
hi jay im anjie,my house is now in process for auction. one year is gigen for redemtion. how can u help me?its only a low cost but corner unit.we met at REBAP SITE O.
@Engle, usually you will have to pass their credit investigation and your net disposable income should be able to support the loan. better call them up to get the complete list of requirements. Thanks for dropping by!
@Annie, Yung redemption period kasi is mandatory as per Act 3135 which means a borrower whose property has been foreclosed will have 12 months to redeem the property. As for the process, you just need to identify a property that you want to buy then call them up first to check if its available then they will assist you with the specifics on the requirements, loan terms, etc. Thanks for the comment!
Good day Sir Jay!
Bakit may redemption period? Paano ang process ng acquiring asset dito sa BFS? Hoping for immediate reply. tnx.
Mr. Jay, usually po, ano ung mga things in consideration para ma-approve, if sakaling bibili ka ng property sa BFS? thanks!
Hi Anonymous, actually you can download the listings directly from BFS but if you are having problems downloading it, I’ll just send you an updated list through e-mail. Thanks for visiting!
sir/mam im a interested about preowned properties would u mind send me some listings location from cainta rizal and camella ridgeview muntinlupa estimating amount to at least 200 k thanks kindly email me to nel2328@yahoo.com waiting for your immediate response…
@Katrina, I haven’t bought any properties yet through BFS as I often see that the properties in my area of focus have already been sold or reserved. I do noticed that they really are quite cheap. I also know a fellow investor who has bough 2 properties from them in the Rizal area and he says he ended up with good investments. Thanks for the visit!
@Vilma, I personally don’t know anyone at BFS but you may inquire directly through the following:
Trunk Line:+63 (2) 750-3888
Fax Number:+63 (2) 756-6247
E-mail Address:info@bfs.com.ph
Address: 24th Floor, BPI Buendia Center, Sen. Gil J. Puyat Avenue, Makati City, Philippines 1200
Thanks for dropping by!
hello!mr.Jay,saan at sino po pwede kusapin about pre owned properties?pls reply me…thanks…vilma
hi jay!
im not really good at this… for you, ok ba ang BFS?
thanks!
Hi Jerrell, if tapos na yung redemption period, wala nang habol yung dating may ari. If I’m not mistaken with the legal terms, the redemption period is one year after the execution of the foreclosure. Kahit hindi pa fully paid ang new owner, basta nag lapse na yung one year na redemption period, wala na ring habol ang previous owner. Usually the banks would inform interested parties if the redemption period has lapsed or not pero it would be better to double check, just to be sure. Thanks for visiting!
hi mr Jay, tanong ko lang po kung pwede pang mag habol yung dating may ari yung property pag fully paid na po ng buyer.And pano rin po pag dipa fully paid yung property pwede pa rin po basila mag habol?
Ah okay, tama naman, sinisigurado ko lang. Thanks Betty!
opo yun nga po. hehe mali ba pag explain ko? basta kasi national homes lang natandaan ko, yung office nila sa may tabi ng creek sa may makati.
Hi Betty, is the national homes you are referring to the same as National Home Mortgage Finance Corp. (NHMFC)?
sa dasma,cavite…in summerwind in particular.
nag ocular ako dun, very disappointing kasi nga occupied pa yung property ng national homes unlike sa BFS eh vacated na..parang over 50% ang tinaas ng BFS.
Saang area yan Betty in particular? Malaking bagay din yung unoccupied na ang property. It could take more than a year for ejectment cases to prosper.
i saw a property at the same village listed at national homes and BFS, lumalabas mas mahal pa yung sa BFS, although ang kunswelo na lumalabas eh vacated na yung property ng BFS unlike sa national homes.
Hi Dins, yes they sell directly to individuals. I would suggest you give them a call. Just like most banks, they probably take a long time to respond to e-mails.
hi reply ka sakin
can you be my friend….
is BFS only for real estate agents or do they sell to individuals who wish to purchase a property? i tried emailing them kasi, wala naman sumagot…
I browsed thru several properties listed in their website but it looks a lot of them were dilapidated. I don’t believe that the price listed is appropriate. For example, I saw a this property with Ref No. 1503653 which is a very small shanty costing PhP 415150. I’m guessing that the lot must be worth this much while the building is worth nothing.