Are broker price opinions reducing the value of your home?

May 31st, 2009 by admin


Are broker price opinions reducing the value of your home?  The lender will often rely on a broker price opinion to determine at what price they will sell their REO property.  Tampa Bay Online wrote an interesting article discussing this issue. 
 
I have heard of BPOs being conducted without the agent ever stepping foot into the [...]

The good and bad of bank sales and your home

April 19th, 2009 by admin


The increase of sales can be attributed in no small part to the number of REO or bank owned homes that are selling across Florida this year.  In Osceola County, 6 out of 10 sales recorded in the MLS during March 2009 involved bank owned listings.  The good is that these sales stir activity, increase revenue and [...]