the BPO is the number the lender will use to calculate a percentage of where they need to be in sales price. Yes, this is a very important figure. It can be influenced to a certain degree. A property might have a BPO of 250k but you might be able to document 75k in required repairs. Something to think about.
the BPO is the number the lender will use to calculate a percentage of where they need to be in sales price. Yes, this is a very important figure. It can be influenced to a certain degree. A property might have a BPO of 250k but you might be able to document 75k in required repairs. Something to think about.