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Only 634 BFS Foreclosed Properties remain in May 2018 nationwide listing

Last updated on May 16, 2018 by | Filed Under: Foreclosed Properties40 Comments

Only 634 BFS foreclosed properties remain available for sale in their nationwide list, for May 2018. This update comes directly from Bahay Financial Services (BFS). Complete listing below.


BFS listing updates for May 1, 2018:

Here’s a summary of updates for this month from BFS:

  • 8 newly listed properties were added to the database (pictures, vicinity maps to follow)
  • 44 properties that were no longer available got removed from the list
  • In total, we now only have 634 BFS foreclosed properties in our database as of May 1, 2018
  • This update supersedes all previous listings from BFS

View all BFS foreclosed properties (database)

To view all BFS foreclosed properties, click on the button below:

VIEW ALL BFS PROPERTIES IN SEARCHABLE DATABASE

Click to view ALL BFS Foreclosed Properties (with pictures and vicinity maps)

 

View/download listing (PDF)

Alternately, you may download the list for offline viewing below:

Note: You will need Adobe Acrobat Reader to view PDF files, which is free to download at Adobe.com

Click to view past listings from BFS

Big discounts are available!

Here are some very important reminders from BFS:

-> SPOT CASH BUYERS GET THE BIGGEST DISCOUNTS!

-> Discounts from 5% up to 40%+++!

-> UP TO Php 500K PRICE DROP on some properties!

-> Don’t forget to tell BFS that you learned about them from ForeclosurePhilippines.com to get the best deals!

How to buy foreclosed properties from BFS

Here’s a step-by-step guide from BFS:

Source: BFS Facebook page


How to inquire

To inquire, please call the designated sales specialist directly as stated in the property listing and mention the property account number.

You may also call other BFS telephone numbers:

Telephone:

  • (02) 756-6230
  • (02) 756-6330
  • (02) 756-6376
  • (082) 221-0809 – Davao
  • Local Nos. 543, 303, 385, 523, 490, 479, 388, 510, 546
  • 1-800-10-2255-BFS (237)

You may visit BFS offices at the following locations:

Bonifacio Global City (Head Office)
22nd Floor, RCBC Savings Bank Corporate Center
25th and 26th Streets, Bonifacio Global City, Bonifacio Global South,
Taguig, Philippines

Davao Office
Unit 301, Plaza de Luisa
Ramon Magsaysay Avenue
Davao City, Davao, Philippines

P.S. – Don’t forget to subscribe to email alerts to get notified of updated listings.

Disclaimer and disclosure:

* Offer prices subject to change without prior notice.

** BFS does not make any representations with respect to these properties. We encourage you to make an ocular inspection of the property – these, or the creditor’s rights over these, are sold “As is, Where is” and the pictures contained herein may vary from the actual condition of the property.

*** Some of these properties may still be subject to redemption. In case of redemption, you will be reimbursed from the redemption proceeds.

**** These Properties may still be subject to a transaction or proceeding, which necessarily involves government agencies. BFS has no control over, and makes no representation with respect to the time it will take for concerned government agencies to process and release the necessary documents and clearances.

*****All taxes are the responsibility of the Buyer.

Frequently Asked Questions (FAQ)

Click each question to view answer:

1. Where are BFS’ pre-owned properties located?
BFS’ pre-owned properties are located nationwide, from Metro Manila to the provinces of Bataan, Bulacan, Cavite, Camarines Norte, Davao, Laguna, Pampanga, Quezon, Rizal and Tarlac. Please log onto www.bfs.com.ph/property for a complete listing of BFS properties.
2. What are the benefits of buying pre-owned?
Pre-owned properties are an attractive alternative for entry-level buyers, as opposed to purchasing new homes or building from scratch. House and lots sell for as low as P110,000. Most BFS properties are located in developed subdivisions located in Metro Manila, Cavite, Laguna, Bulacan, and Rizal with access to paved roads and commercial centers.
3. What makes the Redemption Period important for pre-owned properties? What happens if the property I bought is redeemed?
BFS sells rights to the pre-owned property. The pre-owned property may still go through the one-year Redemption Period that allows the Original Borrower to redeem the property. If the Original Borrower redeems the property, the buyer gets a full refund minus service fees for the time the Buyer was in possession of the property prior to redemption.
4. How do I know which brokers are accredited by BFS or are legitimate?
Contact BFS Property Sales to find out if your broker is legitimate or accredited.
5. When can I get my title? Why does TCT delivery take time?
The release of titles is dependent on the processing of documents by government offices such as the courts, the Bureau of Internal Revenue, and the Registry of Deed. BFS works with these government offices to facilitate the transfer of the titles to the buyers’ names, but cannot commit a definite date.
6. Do you allow the property buyers to handle the transfer of TCTs to their name?
Yes, once the title to the property is consolidated to the name of Balikatan, a buyer may opt to process consolidation of the title to his/her name upon signing a Deed of Undertaking.
7. What does “as is, where is” mean? What are the ramifications of this?
The term “as-is-where-is” gives notice to buyers that Balikatan does not give any representation or warranty as to the quality of the property. The buyer is free to inspect it before purchase; but if any defects are discovered after purchase, the buyer has no recourse against Balikatan.
8. Who do I call to follow-up on the status of my purchased property?
For Property After Sales Service (PASS) concerns, please e-mail info@www.bfs.com.ph with your Account number, Buyer’s name, and property address. Our PASS Customer Service Representative shall get in touch with you within 48 hours.

Source: BFS FAQ Page

Additional questions

9. Can I get Pag-IBIG financing for BFS foreclosed properties?
It depends on the status of the property. Please check with the designated sales-specialist from BFS that handles the property you are interested in purchasing

If you have other questions, please let us know by leaving a comment below.