Real estate blog entries tagged with bpo by Erica Ramus - Ramus Realty Group

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Home : Blogs : Erica Ramus - SchuylkillRealEstate.com - Schuylkill County PA Real Estate : Schuylkill County Real Estate Information - Your Guide to Homes in Pottsville & The Region : Tag "bpo"

bpo: BPO vs CMA vs Appraisal - 08/31/10 09:16 PM

BPOs (Brokers Price Opinons) are normally done by real estate agents (or brokers). A bank will order a BPO before or during a foreclosure process, to get an estimate of what the agent or broker thinks the house is worth in today's market. The agent or broker may or may not be experienced in this kind of work! It is no more than a "guesstimate" of value, in most eyes.
The lender wants to agent or broker to give them an estimate of value, in case the lender must take over the property and sell it either to an investor or … (43 comments)

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Erica Ramus - Ramus Realty Group - Pottsville, PA

Address: 300 Mauch Chunk St. Suite A, Pottsville, PA, 17901

Office Phone: (570) 622-6006 x 301

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