Replies to This Discussion

Permalink Reply by Steele V. Propp on February 23, 2011 at 6:11am

It shouldn't make a huge amount of difference.  If anything it might bring the valuation down just a bit as sometimes a valuator is influenced by the personal property and decorations of the current owner.  An empty unit will show every flaw (if any).

 

Steele

Permalink Reply by Rick Trono on February 23, 2011 at 6:31am

Steele,
Thank you...great insight on your part!

Rick

Permalink Reply by Richard Kirk on February 24, 2011 at 3:06am

I don't think that's a problem with BofA Rick.  Vacant is better than actually being occupied by a tenant.  Like Steele said, it may "show" slightly worse, but it also may show better being free from any clutter.  good luck.

Permalink Reply by Rick Trono on February 24, 2011 at 3:48pm

Richard,

Thank you for your reply.

BPO done today....The agent performing  the BPO said "Occupied or vacant does not make a difference to B of A"

Richard Kirk said:

I don't think that's a problem with BofA Rick.  Vacant is better than actually being occupied by a tenant.  Like Steele said, it may "show" slightly worse, but it also may show better being free from any clutter.  good luck.