Keyword: 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. ...
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 ...
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. ...
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 ...













