bpo: Make MONEY doing BPO's a FREE LIST part 3
- 11/09/08 09:14 AM
Make MONEY doing BPO's a FREE LIST part 2 Make MONEY doing BPO's a FREE LIST part 1 BPO: Broker's Price Opinion. These are generally ordered by banks, asset managers and relocation companies wishing to determine the FMV (Fair Market Value) of a property. These are not appraisals! A BPO will look at he subject property, 3 recent and comparable sales and 3 active listings. Then factor in any needed repairs and determine a FMV. Agents can sign up with any number of companies and be on the list to be contacted when a request for a BPO is made … (5 comments)
bpo: Real Estate Lingo REVEALED: for Buyers and Sellers: Part 1
- 09/28/08 06:09 AM
The real estate professional often forgets that we are entrenched in lingo. My goal in being your real estate professional is to educate you on the home buying and selling process. I hope you will find this series on real estate lingo informative. And as always I look forward to serving your real estate needs. REAL ESTATE LINGO REVEALED A Amenity: a feature of the home or property that serves as a benefit to the buyer but that is not necessary to its use; may be natural (like location, Woods, water) or man-made (like a swimming pool or garden). Amortization: repayment … (1 comments)
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Kelly Willey
Short Sale Agent - Harford County Maryland Real Estate
Make MONEY doing BPO's a FREE LIST part 2 Make MONEY doing BPO's a FREE LIST part 1 BPO: Broker's Price Opinion. These are generally ordered by banks, asset managers and relocation companies wishing to determine the FMV (Fair Market Value) of a property. These are not appraisals! A BPO will look at he subject property, 3 recent and comparable sales and 3 active listings. Then factor in any needed repairs and determine a FMV. 
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