Cory Boatright's Blog - Archives March, 2008

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Home : Blogs : Cory Boatright : Cory Boatright's Blog : Archives March, 2008

How Does Bankruptcy Affect a Short Sale? - 03/04/08 04:45 AM

How Does Bankruptcy Affect a Short Sale? Article written by Cory Boatright Here is an excerpt from my home study course "Short Sale Fundamentals".  
The Homeowner is in Bankruptcy First off you don’t ever want to offer legal advice to the homeowner unless under the rare situations where you’re a qualified attorney. Let’s discuss the two typical types of bankruptcies that you may encounter. Chapter 7 - know as Liquidation Chapter 13 - known as Reorganization With either type you are going to have to contact the Trustee of the Bankruptcy to get the property released out of … (8 comments)

How To Determine Your Short Sale Real Estate Offer - 03/04/08 04:42 AM

How to Determine Your Short Sale Offer Article Written: Cory Boatright Here is a question I'm constantly being asked by my students and other real estate investors. The answer to it is not an exact science. First let's identify some common used terminology. BPO (Broker Price Opinion): A generalized opinion or value of the property. These can be exterior and interior. They are ordered by the lender and sent to a third party or BPO company such as BPODirect, First American, etc.. The company has a list of Realtors in each state. They send out the BPO request to several Realtors. … (4 comments)

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Cory Boatright

Edmond, OK

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Short Sale Fundamentals, LLC.

Address: PO Box 30906, Edmond, OK, 73003

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