CMAs, BPOs, AVMs and Appraisals Explained

This article explains the four most common valuation methods used for real property transactions and how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Lenders, servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances and the type of … Continue reading CMAs, BPOs, AVMs and Appraisals Explained

Prices, Valuations, and Rates Driving Investors

Prices, Valuations, and Rates Driving Investors I am working with more investors now that REO property pricing is getting much better. Goldman Sachs is warning clients that REO investors are bidding up for shrinking reserves of properties. Banks are agreeing to smaller price discounts. For homes in good working order, steep price discounts are becoming more … Continue reading Prices, Valuations, and Rates Driving Investors