Keyword: BPO

Want Smooth Sailing? The Short Sale Listing Agent and the BPO

Want Smooth Sailing? The Short Sale Listing Agent and the BPO

How do you handle the BPO? I’ve seen some interesting blog posts over the last few days that discuss how mortgage lenders participating in short sales determine the value of a property. First off, so that it doesn’t seem like I am speaking a foreign tongue, I am going to provide a little dictionary definition for novice short sale agents. ...

Melissa Zavala | 2010/03/16  | 19 Comments Coaching

To BPO or Not to BPO: That is The Question

To BPO or Not to BPO: That is The Question

As I journey through the learning curve on short sales, REO listings and all other things bank owned, I have entered the world of the BPO. A BPO, broker price opinion, is a market analysis for a commercial institution, usually a lender. Very often, but not always, the BPO subject is in danger of foreclosure. Usually the BPO is a ...

Lesley Lambert | 2009/08/21  | 16 Comments Economy

Want Smooth Sailing? The Short Sale Listing Agent and the BPO

Want Smooth Sailing? The Short Sale Listing Agent and the BPO

How do you handle the BPO? I’ve seen some interesting blog posts over the last few days that discuss how mortgage lenders participating in short sales determine the value of a property. First off, so that it doesn’t seem like I am speaking a foreign tongue, I am going to provide a little dictionary definition for novice short sale agents. ...

Melissa Zavala | 2010/03/16  | 19 Comments Coaching

To BPO or Not to BPO: That is The Question

To BPO or Not to BPO: That is The Question

As I journey through the learning curve on short sales, REO listings and all other things bank owned, I have entered the world of the BPO. A BPO, broker price opinion, is a market analysis for a commercial institution, usually a lender. Very often, but not always, the BPO subject is in danger of foreclosure. Usually the BPO is a ...

Lesley Lambert | 2009/08/21  | 16 Comments Economy