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For Rent in South Gate : Real Estate Advice

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Activity 3
Wed Apr 13, 2016
Jerrybecool2002 asked:
http://www.zillow.com/homedetails/6126-Roosevelt-Ave-South-Gate-CA-90280/21046145_zpid/?view=public
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Tue Dec 23, 2014
Josh Barnett answered:
Mon Dec 22, 2014
Alex Montelongo Real Estate Group answered:
Boy this is an old question. I am going to chime in anyways. It sounds like the person you spoke to was assigned to do a BPO on that property. That is a Broker Price Opinion. Back in 2011 and even earlier they were very common. The bank that serviced or owned he loan wanted to find out what condition the property was in and what the market value was at the time in case they had to either negotiate a short sale or if they foreclosed on the property.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
Bre Lic #01456982
... more
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