Banks and other Lending Institutions are overwhelmed with a record number of properties needing Broker Price Opinions (BPOs). This is an opportunity for Real Estate Agents to increase their earnings. Executing a BPO is an additional stream of income for agents because agents get paid after the BPO is finished, which is much better than waiting for a property to get sold. If an agent accepts a large number of BPO assignments, it won't take long before he/she gets overwhelmed with just the…Continue
Posted on April 3, 2010 at 6:07am
The "short" in short sale simply means that the amount paid at the sale of a property on behalf of the borrower for an outstanding mortgage is less than the amount owed. But there is nothing "short" about the process. In fact it should be called "long sale" because real estate professionals who specialize in short sale transactions are well aware that - patience, diligent follow up and a long wait - is the name of the game.
The current Real Estate…Continue
Posted on March 15, 2010 at 2:36pm
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Posted on September 30, 2009 at 7:35pm