Typical % of BPO value for SS Approval - Short Sale Superstars2024-03-29T12:02:41Zhttps://shortsalesuperstars.com/forum/topics/typical-of-bpo-value-for-ss-approval?groupUrl=indymac&feed=yes&xn_auth=noBen: Very helpful. Thank yo…tag:shortsalesuperstars.com,2014-09-03:3468065:Comment:3550792014-09-03T19:32:42.765ZKathryn Carlsonhttps://shortsalesuperstars.com/profile/KathrynCarlson
<p>Ben: Very helpful. Thank you for sharing!</p>
<p>Ben: Very helpful. Thank you for sharing!</p> There are ALWAYS exceptions,…tag:shortsalesuperstars.com,2013-07-16:3468065:Comment:3237912013-07-16T18:01:46.619ZBen Benitahttps://shortsalesuperstars.com/profile/BenBenita
<p>There are ALWAYS exceptions, but generally:</p>
<p></p>
<p>Fannie Mae (FNMA) – 92% of BPO</p>
<p>Freddie Mac – 92% of BPO</p>
<p>VA Loan – 88% of BPO</p>
<p>FHA – 88% , 85%, 84% of BPO depending on time frames</p>
<p>Conventional – 75% – 95% of BPO</p>
<p>Second Liens – 5% - 10% of amount owed</p>
<p>Third and other Liens – 5% - 10% of amount owed</p>
<p></p>
<p>.....these are in my book, "Are YOU more likely to see Bigfoot or a short sale approval letter?"</p>
<p></p>
<p>We have a second…</p>
<p>There are ALWAYS exceptions, but generally:</p>
<p></p>
<p>Fannie Mae (FNMA) – 92% of BPO</p>
<p>Freddie Mac – 92% of BPO</p>
<p>VA Loan – 88% of BPO</p>
<p>FHA – 88% , 85%, 84% of BPO depending on time frames</p>
<p>Conventional – 75% – 95% of BPO</p>
<p>Second Liens – 5% - 10% of amount owed</p>
<p>Third and other Liens – 5% - 10% of amount owed</p>
<p></p>
<p>.....these are in my book, "Are YOU more likely to see Bigfoot or a short sale approval letter?"</p>
<p></p>
<p>We have a second book coming out mid-August with even MORE great tips and tricks....will keep you posted!!!!</p>