Randall Scruggs JD's Blog (1)

Unrealistic BPO

Anyone here know what the buzz words are with Citi to get them to order a new BPO or at least contest the one they have. I do not believe they are even reading my email that states their BPO is wrong.



They have asked me to counter a buyer's offer with a number 30,000 higher than FMV. That 30,000 is 15% higher than active comps. Of course the buyer refused the offer. Larry Sykes at Citi, said go find another buyer, but no body will pay 30,000 more for a home when there are many to… Continue

Added by Randall Scruggs JD on October 7, 2010 at 12:18pm — 3 Comments

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