BPO vs. Appraisal to initiate a short sale approval

I had a short sale that closed this year with Nationstar where I did my BPO and Nationstar did a BPO. All good and we closed! Now on a new short sale they are requesting the seller or listing agent pay for a full appraisal - I'm thinking this is investor driven? Any feed-back? Thank you!

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Permalink Reply by ElizabethWeintraub00697006LyonRE on November 20, 2013 at 10:52am

Huh? Like the seller has any money and the listing agent wants to take a financial chance on such a wonderful lending institution such as Nationstar by blowing $400 bucks with no guarantee of return? What are they thinking? Are we living in Stupidville?

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