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In this video, Ted answers, What is a short sale in real estate? How long does a short sale take? Ted answers, but first, get your Short Sale BPOs & Appraisals What is a BPO? BPO = Broker's Price Opinion BPO is a lot like an Appraisal only not as extensive. Appraisals are completed by
shorts #realestate #realestatetips. The appraisal process can be a very difficult stage in the short sale process if you are not experienced enough to handle it. On the foreclosures and short sales: a comparison . both are the result of people not being able to afford their home.
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Foreclosure vs. Short Sale: What's the difference? Foreclosure happens when a homeowner fails to pay their mortgage, and Beth Cromwell give tips on short sale BPOs & appraisals.
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Does a short sale affect the outcome of an appraisal? Get answers about short sales in El Dorado Hills. Typically short sale lenders go off of a BPO [Brokers Price Opinion] value which is nowhere near being an actual appraisal. Too often short sales get confused ♂️ with a foreclosure . Well, to be honest with you, there aren't many similarities
What's the difference between a short sale, standard sale, an REO, and a foreclosure? After the appointment.
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Are you in the process of short selling a property? Not sure how long it could take? Waiting is something you will have to do as it A short sale is when a seller sells a piece of property and the bank nets less than the payoff on the property. Because of what We provide high quality appraisals with detailed opinions of fair market value for mortgage banks, and mortgage servicing clients,
What is a Short Sale Our empirical approach, which relies on the use of appraisal fixed effects, produces foreclosure and short sale discounts of approximately 5%. No. A property is worth what it is worth regardless of being distressed or not. With that being said, when a house is a short sale it may need to be marketed
Foreclosure vs. Short Sale: What's the difference? OK, so I put a 165,00 (conventional loan) offer on a short sale property that was going for 175000 back in July. I've been waiting for over
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