BPO – determining value
The broker’s price opinion (BPO) is probably the single most important piece of information a bank will use in its short sales and REO decision-making. The bank uses the BPO to determine the property value and ultimately to determine whether a purchase offer will be accepted. So let’s break down one of the important parts [...]
Wednesday April 14th, 2010 in , bpo sample, broker price opinion, comps, determining value, listings | 5 Comments »
