1 - Is there mortgage insurance, if there is, find out what the coverage ratio is. This will tell you how much the Ivnestor will get paid if they foreclose
2 - You can ALWAYS request a new BPO be ordered. We have a direct contact (e-mail) for this department at B of A and others
ALWAYS ALWAYS ALWAYS ALWAYS (you get the point) remember the persons in loss mit. are called "negotiators" for a reason.....NEVER expect them to give you their lowest/true offer (you wouldn't expect a car salesman to do this would you)?
For FHA loans youc an request HUD Form 90045, this will tell you the EXACT payoff numbers that will be approved. For VA Loans, they will always tell you what their valuations came in at if you know who to call
All my best to those on the short sale battlefields!!!
It is always helpful to know who is going to do that BPO so you know if that is a local agent or the agent out of the area. The more you know the better are your chances of getting 2nd BPO requested.