Elizabeth Weintraub • Sacramento Real Estate Agent

head_left_image

Why Do You Care About a Short Sale BPO?

short sale bpoMy client emailed this morning to ask me to explain the significance of a short sale BPO. She is in the middle of a Seterus HAFA short sale for her principal residence in Sacramento. Like with most HAFA short sales, they rely in part on the value of the short sale BPO, but they also contain other component restrictions: time frames and guidelines.

Because we are working with a bank trying to follow government guidelines, those time frames expire. Continually. Because bank negotiators typically cannot manage to multi-task. They also don't seem to understand the principle of cause and effect. So their short sale BPOs tend to expire over and over. Along with other time frames.

Read my personal blog about it: What is a Short Sale BPO, and tell me if you don't agree with what happened.

sacramento short sale agentcerfified hafa specialist

---

Certified HAFA Specialistelizabeth weintraub

 

equator certified platinum short saleequator certified platinum reo elizabeth weintraub

Elizabeth Weintraub reviews

 

 

 

 

 

Sacramento Real Estate Listings

 

 

 

Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Why Do You Care About a Short Sale BPO?
share
My client emailed this morning to ask me to explain the significance of a short sale BPO. She is in the middle of a Seterus HAFA short sale for her principal residence in Sacramento. Like with most HAFA short sales, they rely in part on the value… more
Where Do You Get a Short Sale Package?
share
Bank of America called me for the third time yesterday on a short sale file that's not mine. Every time the bank calls, I tell them yes, the sellers had completed a third party authorization but I no longer represent them. I don't represent them… more
Got a Mortgage With Bank of America and Want Out in Sacramento?
share
It's music to my ears when a seller calls to say she lives in the Sacramento area, has a mortgage with Bank of America and wants to do a short sale. This Sacramento short sale agent is probably the only happy person the seller has spoken to who has… more
It's Springtime in October for Sacramento Home Sellers
share
I don't know why the chorus for Springtime for Hitler keeps running through my head. Probably because I just finished reading Boomerang: Travels in the New Third World and have been pondering the author's take about Germany and many a German's… more
Beware if You're in Escrow With a Bank of America Short Sale
share
An alarming thing is happening to Bank of America short sales Especially the Cooperative Short Sales that have already been approved. I've got a bunch of Cooperative Short Sales pending in Sacramento. This means we've already had the price… more
A Bank of America HAFA Short Sale Pays Ten Bucks a Day
share
What is it about those Bank of America HAFA short sales that make you want to poke out your eyeballs? You know what they say about insanity, right? Insanity is when you do the same thing over and over and expect different results. Well, I am not… more
The 3 Sales Prices for a Home
share
I've been receiving a lot of calls this week to price homes in Sacramento. Last week it was listing appointments for short sales, and this week it's listing appointments with sellers who have equity. Everybody has a different reason to sell, and… more
Speak No Evil of a Bank of America HAFA Short Sale
share
How many HUDs does it take to close a Bank of America HAFA short sale? How about 25? Yup, this short sale required 25 HUDs, 3 final HUDs at closing. There probably wasn't more than 10 line items on that HUD. Ever. Not even from the beginning. But… more
The Deal With a Bank of America Fannie Mae Cooperative Short Sale
share
This Sacramento short sale agent began negotiating and closing Bank of America Cooperative Short Sales almost the day I discovered them a few years ago. They are my absolute favorite kind of short sale to do. The Cooperative Short Sale process is… more
Your Sacramento Home Needs a Carbon Monoxide Detector
share
Carbon monoxide detectors. Those are 3 words I am pretty tired of hearing, yet I know those days are not numbered, and I will continue to hear about carbon monoxide detectors for years to come. It's become part of the job of being a Sacramento real… more