Posted on August 28, 2011 at 3:51pm 0 Comments 0 Likes
Valuation of the short sale is one of the most important parts of the transaction. Of course when I am the lisitng agent, I complete my own BPO, submitt my findings to the bank to justify my MLS price and then request a formal BPO.
I am also an REO broker and it amazes me how the banks fight over values preforecosure and spend thousands post foreclosure!
I am happy to receive the REO listings that I get, however in monay cases a Short Sale is more economical and better for…
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