Читать книгу Magic BPO Success Secrets - Cory Ph.D Boatright - Страница 8

To Review, the BPO (Broker Price Opinion) is the single greatest value factor the lender will use to determine the acceptance of your short sale offer. A BPO is a generalized opinion or value of a property the lender uses to determine what the property is worth. It is ordered by the lender and then sent to a third party company, such as BPO Direct, First America, LandSafe, etc.

These companies have a list of Realtors for each state that work for them. BPO's are ordered and conducted by Realtors. The BPO can be an Interior Type or Exterior Type. If an Exterior Type BPO is conducted it means the Realtor (BPO agent) did NOT go inside the property to evaluate its condition. This could be due to the homeowner vacating the house or not being cooperative with the BPO agent when requesting a time to come inspect the house. Let's look at the different types of properties and how they are affected by the BPO.