Foreclosure in 60629 : Advice

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James P. Mic…, Real Estate Pro in 60605
James P. Michaels answered:
i recently applied for a short sale on my home and was accepted it is on the market and has a offer.The bank recently sent a broker to look at my home
A BPO stands for "broker price opinion," and it involves using a process very similar to an appraisal.
Companies hire a real estate broker to prepare an opinion of value. The represent ... more
0 votes Share Flag Thu Nov 1, 2012 Foreclosure in 60629
Jose Hernand…, Real Estate Pro in Chicago, IL
Jose Hernandez answered:
Please need an Advise? Chase want to Forclose because 2nd mortgage.
A charge-off is an accounting procedure for tax purposes used by a creditor where an uncollectable debt or charge-off is reported as a loss for the creditor. In other words the 2nd loa ... more
0 votes Share Flag Tue Dec 14, 2010 Foreclosure in 60629
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