Steve Loynd's Blog – November 2009 Archive (1)

A $50 BPO will cost the seller, lender and listing agent ...a big chuck of change.

Another Short sale story...where a BPO done from a-far was the kiss of death



Working on a short sale in a project where the last sale was over a year ago, I advised the seller of the likely selling price and asked for the price adjustment...subject to his lenders acceptance on a short sale offer.



90 days from listing date (showing this was still not a give away price) a 90% offer is made, with the only condition being the seller lender accepting the short sale. Two months… Continue

Added by Steve Loynd on November 18, 2009 at 2:30am — 2 Comments

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