by on May 25, 2020
Then a BPO (Broker Cost Opinion) which is a tiny appraisal, need to be performed by 3 independent brokers to give the bank an existing values "as-is" and repaired. When the BPO's are gotten by the property supervisor at the bank, a choice should be made whether or not to make the suggested repair work. If repairs are going to be made, contractors should be worked with and contracts signed and work completed. This can take anywhere from 3 or 4 days to numerous weeks. Just at this moment can the h...
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