Home Selling Tips Every Seller Should Know   What home selling tips are the most important for sellers to know?   That question was asked of 500 real estate agents. Each tip was then ranked based on the survey responses and then used the first eight – those viewed as being “very important” by 80 percent of agents or more – to create this infographic, “Home Selling Tips Every Seller... Read more

REO-Real Estate Owned   REO is a Real Estate Owned property. REO is a property that has reverted to the mortgage lender after a foreclosure auction did not sell. A foreclosing beneficiary will typically set the opening bid at a foreclosure auction for at least the outstanding loan amount. If there are no bidders that are interested, then the beneficiary will legally repossess the... Read more

Broker Price Opinion or BPO A professional opinion of price and so much more   What is a BPO? The estimated market price of a property as determined by a real estate broker or other qualified individual or firm. A broker price opinion is based on the characteristics of the property being considered. One key element of the BPO is that it is designed to be free of influence by parties who... Read more