Hi All,

Does anybody know what happens after a BPO is done in a short sale transaction?

Please share your thoughts.

Thanks

Alex mate

I was unable to get your question can you please ask it again and say exactly what you are talking about

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Hi,

“Broker Price Opinion.” A lender mау request tһаt homeowners wіtһ delinquent mortgage payments һаνе tһіѕ done іח a short sale transaction.

Hope now you get my points.

Thanks

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BPO is performed similar to a real estimate ,so that the lender knows the current market value of the property. Upon receipt of BPO, the lender decides to approve a short sale, which is based on property value and borrowers income and financial position.

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