BPO Disputes-A New Tool For Your Short Sale Business

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http://kevinandfred.com/power-hour/bpo/
Kevin and Fred share some information about a new tool that they use to dispute BPOs

LPS Data Solutions & Group 46:10 have teamed up to offer you a free trial account and

discounted pricing on a subscription!

SiteXdata.com provides data to Investors Nationwide for marketing and research. The information is compiled directly from the county Recorder/Assessor and is updated on a daily basis. Thus, giving you access to the most current and comprehensive data available. Please email Carolyn Covington (Carolyn.covington@lpsvcs.com) for a free test account to the site!

Property Reports will give you appraisal data, such as: property profiles, AVMs, sales comp reports, REO Market Analysis, property histories, etc.

Lead Locator/Rate Rider gives access to mortgage marketing records for refinance, equity, ARM change dates, seller carrybacks, etc.

Comp Locator pull up to 50 comps in 1 report, insert pending sales, print parcel maps in seconds, etc.

Foreclosure - gives you access to marketing records: NODs, NOTs & REOs and much more!

BE SURE TO MENTION THAT YOU WERE REFERRED BY GROUP 46:10

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7 comments

  1. edwin

    Fred:

    I do not see the link.

    edwin

    • kevin

      Edwin – There you go, its updated now.

      • edwin

        thank you.

  2. Jb

    Good info guys. We have been using that tool now for probably close to a year. It works in alot of instances, good work.

    • Let me add to what I said before since we’ve been using this for quite awhile now. Most of the time the banks don’t seem to give a crap what you show them LPS or otherwise. they just won’t face up to the reality that we are still in a down market.Most of the idiots we deal with on a daily basis don’t even understand the difference between a BPO and appraisal.

  3. Thanks, guys. I’ve been anticipating this problem and anything new to help me get over this objection from the banks is AWESOME!!!!!

  4. Great tool. I signed up as I’m having an dispute now on a FHA file where the lender will not allow me to use REO’s as comps. Unfortunately, less than 1 mile a away, a builder went bust with 25 new spec homes in inventory for $20k less than the price they put on my listing. The BPO agent also ignored that my house had been on the market for 2 years – 6 months at the price he recommended – and we just now have offers. I don’t blame the servicers b/c we’re just another name on a file, I blame the BPO guys for taking assignments in areas they have no business being. GO WORK AT TACO BELL!!!

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