Kevin and Fred of Group 46:10, Arizona’s Premier Short Sale Team continue the lesson on BPOs on F’d Up Friday! This is part 4 so if you haven’t seen the first 3 go back and watch them. BPOs are a MAJOR factor in the Short Sale Process and you can’t afford to understand and master this process!
Best thing I’ve done to intercept the BPO is to do most of the work for the BPO agent, then meet them at the house.
I am always the point of contact for the lender so the BPO agent HAS TO CALL ME and meet me to get into the house.
I would rather meet with that person, develop a rapport, and then follow up with them a few days after the fact to confirm the value they’ve submitted to the lender.