Arizona Short Sale Realtor Cody Sperber Explains

 

 

 

 

The first thing your lender(s) need to do in the Short Sale Process is establish the current market value of your home. They do this in the form of a Brokers Price Opinion (BPO). A BPO is typically conducted by a real estate agent or a licensed appraiser (normally a real estate agent) that is hired by your lender(s). The BPO will contain comparable sales of similar houses in the neighborhood, with adjustments made for condition and attributes, to determine what the market value of the subject property is. Expect the Brokers Price Opinion process to take 1-2 weeks from the time the BPO is ordered to the time it is completed and inputted back into the lender(s) systems. Also, expect each lien holder to complete their own BPO…for example if you have a first and second mortgage, each lender will order their own Brokers Price Opinion.

 

A good Realtor ( Cody Sperber ) or Investment Company such as SellQuickForCash.com will meet these BPO agents out at the house and influence the value of the BPO down. We want to lower the value of your home in order to get our low offers accepted! At both CodySperber.com and SellQuickForCash.com, our expert negotiators and Realtors are highly trained at influencing the Brokers Price Opinion and have had much success in influencing these opinions of value.  CLICK HERE TO CONTACT ME NOW!