Real estate blog entries tagged with bpo by Brian Brumpton, Boise Idaho Real Estate (Keller Williams Boise)

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Home : Blogs : Brian Brumpton, Boise Idaho Real Estate : Boise, Idaho Real Estate News and Information : Tag "bpo"

bpo: Dealing with a the big bad BPO in a short sale. - 01/24/10 09:19 PM

Do enough short sales and you're likely to get burned by a BPO agent or two. The majority of agents I run into doing these are not what I'd call qualified to give market values in the first place. The first issue is it stands for Broker's Price Opinion. If you're an agent, Idaho State law says you're not supposed to be doing them anyway. The problem, it's not being enforced.
So how do you handle a bad BPO
Here's a couple things that might make sense depending on how far you want to take it.
1. If your laws are the same you could … (6 comments)

bpo: BPO Agents, you're playing with lives here. Is it worth it to destroy a family by cutting corners? - 06/18/09 01:09 PM

I was talking with my good friend Janna in Northern Idaho about short sales. She's been fantastic about calling and asking questions and seeking out advice on the steps to take in the short sale process. I do my best to answer her questions from my experience and knowledge of the process.
We started talking about BPO (Broker price opinion) agents as I was gripping about the last two being way off and having to negotiate with the lender to get them to be realistic. Something she said confirmed what I had expected for a while now. She had been doing … (10 comments)

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Brian Brumpton, Boise Idaho Real Estate

Boise, ID

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Keller Williams Boise

Address: 1065 S. Allante Place, Boise, ID, 83709

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