If you are considering purchasing a short sale, be sure to know how strong your offer is. Don’t assume that offerring list price is going to get your offer accepted… it may not be priced correctly.
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Broker Price Opinion (BPO) and how it can effect your short sale.
August 2nd, 2010 
admin 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 …
