research: Where's The News?
- 07/12/07 06:10 PM
Does anybody know where to get the best source for REO news?
I have a short list that I read, let me know if you have anything more than this: www.DSNews.com www.CNN.com (real estate section of business) www.RealtyTrac.com www.RealtyTimes.com www.Inman.com www.RISMedia.com
Of these, only 1 specifically deals with foreclosures. Anything I am missing? (4 comments)
research: Breaking Down a Broker Price Opion (BPO): Step 1
- 07/09/07 12:34 PM
Over the next few weeks I'm going to break down the standard Broker Price Opinion (BPO) form section-by-section. First of all, I'm going to be using the Chase Bank Standard BPO form. It can be found at www.REOexperts.net in the form library under "Chase BPO Form". It's about 6 pages (letter) long and is broken down into the following sections: Property ID Property Description/Condition Comparales Marketability of Subject Neighborhood Data Homeowner's Assoctiation Information Values (based on 90-120 DOM) Broker Recommended Repairs Addendum Photo Addendum Attachments (separate pages that Chase and other banks request in conjunction with the BPO)
First, I'm going to cover the Property ID, Property Description, and some preliminary research that (4 comments)