How to Do BPOs?

One of the ways of generating income from REO is through BPO or the Broker Price Opinion. The book, REO Boom provided ways on how to effectively do a BPO. This is commonly needed by lenders, mortgage companies or loss mitigation agencies. It is done when the users feel that an appraisal is unnecessary and that a faster way to value the properties is better. There are different types of BPOs. A real estate agent could do a Drive By or a Full Internal BPO.

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