This week I was at a property we are buying in Scottsdale, Arizona. I was there to meet…
ContinueAdded by Joshua Gayman on July 17, 2012 at 8:00am — No Comments
“BPO” stands for “Broker Price Opinion.” It is a report for the given value of a property, that a real estate agent will give to a lender to determine what to do with a property where they have a loan. And it is just what it sounds like, an opinion! All they do is quickly glance at the recent solds in the neighborhood, and go to the house to take pictures(they are at the property no longer than 10 minutes – a time frame that no buyer would feel comfortable making a solid offer in, given that…
ContinueAdded by Joshua Gayman on July 10, 2012 at 8:56am — No Comments
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