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BPOs for loan Modifications and Short Sales need agent involvement! PART 2

By
Real Estate Agent with Keller Williams Realty 01702953

This is just a follow up to my recent blog from a day or so ago.

I had mentioned in my previous blog the Temecula BPO where the occupant did not have keys to the four children's bedrooms upstairs.  I contacted the agent and she rescheduled an appointment for me again this morning at 9:00 a.m.  All I needed were the 4 pictures since I had already taken all the other necessary pics previously.

Well, i arrived right on time.  knocked on the door, rang the door bell and no on answered.  i called the Short Sale agent and luckily she answered.  I explained the issue and she said she would call the seller.  She called me back and a few moments later, the occupant opened the door.  The house was full of people which made me wonder why noone answered when I knocked.  The doors were still loacked axcept one.  I was able to use a tiny flathead eyeglass screwdriver to open the lock on a second door (I brought one just for this reason).  But the other two were standard key locks and, again, I was unable to take all the needed pics. I'm submitting the BPO with pics of the locked doorknobs and a notation to the Short Sale Negotiator.

In closing let me impress upon you Short Sale agents once more that it is imperative that you meet the BPO agent at the property to assure the BPO is completed properly.  Not only to provide your own comps and to point out any deferred maintenance issues or problems that would affect value on the report, but also to provide access for the BPO agent.  Plus it is always good to be present with the homeowner to show you are doing your job.

Just more food for thought.

By the way, if you or someone you know is at risk of losing a home to foreclosure, please know that there are new options available to avoid this devastating occurance. And know that there is someone here you can trust to help. As a Certified Pre-Foreclosure Specialist, I understand the ins and outs of Short Sales and Loan Modifications. I am also a Wachovia and World Bank trained Pre-Foreclosure expert and well educated in the Government’s new H.A.F.A. and H.A.M.P. programs for helping homeowners facing foreclosure.

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By the way, if you or someone you know is at risk of losing a home to foreclosure, please know that there are options available to avoid this devastating circumstance. And know that there is someone here you can trust to help. As a Certified Pre-Foreclosure Specialist & a H.E.L.P. Certified Specialist, I understand the "ins-and-outs" of Short Sales and Loan Modifications. I am also a Wachovia and World Bank trained Pre-Foreclosure expert and well educated in the Government’s H.A.F.A. and H.A.M.P. programs for helping homeowners facing foreclosure.  Contact me NOW!  951-312-3133 or email: Rayt@WrightTeamRealty.com

CLICK HERE TO AVOID FORECLOSURE

Ray Wright - Realtor

Ray Wright

Wright Team Realty

Direct: 951-312-3133

Email: Ray@WrightTeamRealty.com

Find me at:  www.RayWrightSellsHomes.com

Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

wow - too bad Ray - i think they'll understand- we do our own bpo before even accepting a short sale listing - so we are prepared in advance and usually the homes we take are vacant with easier access than you describe here.

Feb 08, 2010 08:12 AM