The investment is worth it. You get a bunch of SS forms. They teach you the right stuff making you stand out.
Yes, Nathan Mirza, cdpe looks great on your biz card. The ss will linger for several more years so you are now
I suggest a distance learning program so you can work at your own pace. Not sure you are a day dreamer, the speaker says so fast you may not have absorbed the material in two days.
Again if you breeze through it got a cert. w/o applying it it does not help......... more
Think of it this way: Countrywide is getting thousands upon thousands of 'bad offers' every day. By 'bad offers' I mean those that are not at or near current market value. After all, if the seller won't be getting proceeds then they have no incentive to have it sell for top dollar, just to get an offer. Therefore, they have to have some kind of an independent professional opinion of what the value really is. It's their best way to determine the quality of the buyer's offer price.
As a professional, you are responsible for anticipating more or less the value of the home and pricing and negotiating accordingly. In other words, if you've got a home that you know really is worth $220,000 and will likely appraise somewhere around there, then you'll likely need an offer somewhere around that amount as well. If you submit an offer for $170,000 and they order a BPO or appraisal that says $220,000 then of course that's what they'll be expecting. Does that make sense?
So to answer your question, the lender will work off the price opinion that they receive, whether that's a BPO or appraisal. Therefore, you need to do a careful BPO or CMA along with whatever additional documentation you feel is necessary to support the price in the accepted offer you are giving them. Otherwise, it will be a disappointment all the way around.
Best of luck!
Team Leader, The Lewis Team
Prudential California Realty