An essential element to completing a short sale is a BPO, which stands for Broker Price Opinion. Essentially this is the bank’s way of obtaining a value on the subject property. Not to be confused with an appraisal …
Posts Tagged ‘Bank Negotiating’
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Seller Beware, 12 Common Short Sale Mistakes: #12 Over Worrying
February 15th, 2010 
admin OVER Worrying a.k.a “bugaboo!” – Now I say this lastly and lightly: Becoming a “worry wart” will only hinder the forward progress. I wouldn’t say you shouldn’t worry about your home; that would be absurd. However, whomever you choose to be your realtor must have time to negotiate and do other components of our jobs. Please, be respectful of time.
Seller Beware, 12 Common Short Sale Mistakes: #5 Incorrect or Incomplete Information to the Seller
January 26th, 2010 admin Often a seller is not fully briefed on the expectations and process of a Sacramento Short Sale. There are items within the sale of the home that must be maintained throughout the selling process.
