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BPOS AND LAS VEGAS SHORT
SALES - UNDERSTANDING THE
         PROCESS

      Brought to you by:
     www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
     UNDERSTANDING THE PROCESS

BPO stands for Broker Price Opinion and this
is a term that refers to the assessment of a
broker before doing a short sale.

This is a process that will allow you to
determine the price that would be perfect for
your real estate property.



               www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS
BPO is a very important process that you
need to take when doing short sales, because
this will ensure that you will never be able to
sell your property for a price lower than its
current value.

Although short sales refer to a process
wherein a property is being sold for a price
lower than the mortgage, you still need to
make sure that you are going to sell it for a
price that is suitable for its market value.
                www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS
This is where BPO will be useful and is the
reason why you need to have it when doing
this real estate process.

All you have to do is to look for a broker who
will be helping you to assess the value of your
property to be sure that you are going to sell it
for the right price.



                www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
     UNDERSTANDING THE PROCESS
There are a lot of people who think that short
sale properties are being sold for a price that
is a lot lower than the mortgage, but there are
times when you will be able to sell it for a
price higher than your remaining mortgage.

If you are going to have BPOs, you will be
able to determine whether doing a short sale
will be beneficial for you or not.


                www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
     UNDERSTANDING THE PROCESS

This will also help you determine whether
your property appreciates in value.

Once you already have your BPO, the next
thing that you need to do is to determine your
remaining mortgage.




               www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS
If it is a lot lower than your BPO, then selling it
for a price higher than your mortgage would
be advisable.

However, if your BPO is close to your
mortgage, then you don't have a choice but to
sell it for a price lower than your mortgage.




                 www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS
This is the process that you need to
understand when doing short sales, and
having a real estate agent will make it easier
for you.

Short sales are not that hard to understand,
but it is not that easy to be successful with it
either.



                 www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS

You still need to be sure that you are going to
learn more about it before you even start the
transaction.

Getting professional help will also be
beneficial for you, especially if you want to
make the transaction easier.



                www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT SALES -
      UNDERSTANDING THE PROCESS
There are several things that you need to
know about Las Vegas Short Sales, but you
need to understand that it is not hard to be
successful with it.

All you have to do is to look for a professional
who can help you with the process, and at the
same time, help you be successful when
doing Las Vegas Short Sales.


                www.ToddMillerTV.com
BPOS AND LAS VEGAS SHORT
SALES - UNDERSTANDING THE
         PROCESS




       Brought to you by:
      www.ToddMillerTV.com

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BPOs and Las Vegas Short Sales - Understanding the Process

  • 1. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS Brought to you by: www.ToddMillerTV.com
  • 2. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS BPO stands for Broker Price Opinion and this is a term that refers to the assessment of a broker before doing a short sale. This is a process that will allow you to determine the price that would be perfect for your real estate property. www.ToddMillerTV.com
  • 3. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS BPO is a very important process that you need to take when doing short sales, because this will ensure that you will never be able to sell your property for a price lower than its current value. Although short sales refer to a process wherein a property is being sold for a price lower than the mortgage, you still need to make sure that you are going to sell it for a price that is suitable for its market value. www.ToddMillerTV.com
  • 4. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS This is where BPO will be useful and is the reason why you need to have it when doing this real estate process. All you have to do is to look for a broker who will be helping you to assess the value of your property to be sure that you are going to sell it for the right price. www.ToddMillerTV.com
  • 5. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS There are a lot of people who think that short sale properties are being sold for a price that is a lot lower than the mortgage, but there are times when you will be able to sell it for a price higher than your remaining mortgage. If you are going to have BPOs, you will be able to determine whether doing a short sale will be beneficial for you or not. www.ToddMillerTV.com
  • 6. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS This will also help you determine whether your property appreciates in value. Once you already have your BPO, the next thing that you need to do is to determine your remaining mortgage. www.ToddMillerTV.com
  • 7. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS If it is a lot lower than your BPO, then selling it for a price higher than your mortgage would be advisable. However, if your BPO is close to your mortgage, then you don't have a choice but to sell it for a price lower than your mortgage. www.ToddMillerTV.com
  • 8. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS This is the process that you need to understand when doing short sales, and having a real estate agent will make it easier for you. Short sales are not that hard to understand, but it is not that easy to be successful with it either. www.ToddMillerTV.com
  • 9. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS You still need to be sure that you are going to learn more about it before you even start the transaction. Getting professional help will also be beneficial for you, especially if you want to make the transaction easier. www.ToddMillerTV.com
  • 10. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS There are several things that you need to know about Las Vegas Short Sales, but you need to understand that it is not hard to be successful with it. All you have to do is to look for a professional who can help you with the process, and at the same time, help you be successful when doing Las Vegas Short Sales. www.ToddMillerTV.com
  • 11. BPOS AND LAS VEGAS SHORT SALES - UNDERSTANDING THE PROCESS Brought to you by: www.ToddMillerTV.com