Comments on: How to Make Sexier Short Sale/REO Offers (Video Tip) http://reitips.com/how-to-make-a-short-sale-offer/ Real Estate Investing, Undressed: Tips, ideas and news real estate investors can use. Tue, 07 Feb 2012 18:38:00 +0000 hourly 1 By: matt http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-1648 matt Thu, 05 Feb 2009 22:43:14 +0000 http://reitips.com/?p=935#comment-1648 BPO=Broker Price Opinion, it's basically a real estate broker's opinion of what a property is worth. Most short sales are a discount off of the BPO, so as an investor, you want it as low as possible. (use HUH & foreclosure sales in your analysis). MAO=Maximum Allowable Offer--it's the MOST you can possibly pay and maintain your profit margin. Hope that helps BPO=Broker Price Opinion, it’s basically a real estate broker’s opinion of what a property is worth. Most short sales are a discount off of the BPO, so as an investor, you want it as low as possible. (use HUH & foreclosure sales in your analysis).

MAO=Maximum Allowable Offer–it’s the MOST you can possibly pay and maintain your profit margin.

Hope that helps

]]> By: matt http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-149194 matt Thu, 05 Feb 2009 22:43:00 +0000 http://reitips.com/?p=935#comment-149194 BPO=Broker Price Opinion, it's basically a real estate broker's opinion of what a property is worth. Most short sales are a discount off of the BPO, so as an investor, you want it as low as possible. (use HUH & foreclosure sales in your analysis). MAO=Maximum Allowable Offer--it's the MOST you can possibly pay and maintain your profit margin. Hope that helps BPO=Broker Price Opinion, it’s basically a real estate broker’s opinion of what a property is worth. Most short sales are a discount off of the BPO, so as an investor, you want it as low as possible. (use HUH & foreclosure sales in your analysis).

MAO=Maximum Allowable Offer–it’s the MOST you can possibly pay and maintain your profit margin.

Hope that helps

]]> By: Dick Rowbotham http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-1622 Dick Rowbotham Tue, 03 Feb 2009 21:09:54 +0000 http://reitips.com/?p=935#comment-1622 John I am not a realestate Person what are the terms he uses like BPO.Moa 504 505 603 for some How does a person who doesn't know all of this ever get into this. Please give me an idea. Sincerely Dick Rowbotham <blockquote><strong>Hi, Dick. Thanks for responding. If you're brand spankin' new to real estate, then I wouldn't expect you to understand a lot of what's in this particular article. It takes a basic working knowledge of some underlying concepts, as you pointed out. Usually people get in and start off reading a few entry level REI-related books (like from Barnes and Noble, Amazon.com, etc.) and participating in some of the popular REI discussion forums. That's where the entry level knowledge is often gained, and where you even figure out if you really are interested in the REI game or not. Make sense? ...jp</strong></blockquote> John
I am not a realestate Person what are the terms he uses like BPO.Moa 504 505 603 for some How does a person who doesn’t know all of this ever get into this. Please give me an idea.
Sincerely
Dick Rowbotham

Hi, Dick. Thanks for responding.

If you’re brand spankin’ new to real estate, then I wouldn’t expect you to understand a lot of what’s in this particular article. It takes a basic working knowledge of some underlying concepts, as you pointed out.

Usually people get in and start off reading a few entry level REI-related books (like from Barnes and Noble, Amazon.com, etc.) and participating in some of the popular REI discussion forums. That’s where the entry level knowledge is often gained, and where you even figure out if you really are interested in the REI game or not.

Make sense?

…jp

]]> By: Dick Rowbotham http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-149193 Dick Rowbotham Tue, 03 Feb 2009 21:09:00 +0000 http://reitips.com/?p=935#comment-149193 John I am not a realestate Person what are the terms he uses like BPO.Moa 504 505 603 for some How does a person who doesn't know all of this ever get into this. Please give me an idea. Sincerely Dick Rowbotham <blockquote><strong>Hi, Dick. Thanks for responding. If you're brand spankin' new to real estate, then I wouldn't expect you to understand a lot of what's in this particular article. It takes a basic working knowledge of some underlying concepts, as you pointed out. Usually people get in and start off reading a few entry level REI-related books (like from Barnes and Noble, Amazon.com, etc.) and participating in some of the popular REI discussion forums. That's where the entry level knowledge is often gained, and where you even figure out if you really are interested in the REI game or not. Make sense? ...jp</strong></blockquote> John
I am not a realestate Person what are the terms he uses like BPO.Moa 504 505 603 for some How does a person who doesn’t know all of this ever get into this. Please give me an idea.
Sincerely
Dick Rowbotham

Hi, Dick. Thanks for responding.

If you’re brand spankin’ new to real estate, then I wouldn’t expect you to understand a lot of what’s in this particular article. It takes a basic working knowledge of some underlying concepts, as you pointed out.

Usually people get in and start off reading a few entry level REI-related books (like from Barnes and Noble, Amazon.com, etc.) and participating in some of the popular REI discussion forums. That’s where the entry level knowledge is often gained, and where you even figure out if you really are interested in the REI game or not.

Make sense?

…jp

]]> By: Kendric http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-1617 Kendric Tue, 03 Feb 2009 13:33:22 +0000 http://reitips.com/?p=935#comment-1617 Very interesting software. When will it be available for purchase and for how much? Very interesting software. When will it be available for purchase and for how much?

]]> By: Kendric http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-149192 Kendric Tue, 03 Feb 2009 13:33:00 +0000 http://reitips.com/?p=935#comment-149192 Very interesting software. When will it be available for purchase and for how much? Very interesting software. When will it be available for purchase and for how much?

]]> By: Dennis Roundy http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-1612 Dennis Roundy Tue, 03 Feb 2009 04:07:48 +0000 http://reitips.com/?p=935#comment-1612 Interested in the software program for the "How to make tempting REO/short sale offers". Please send cost and how to order. Sincerely, Dennis Roundy Interested in the software program for the “How to make tempting REO/short sale offers”. Please send cost and how to order.

Sincerely,
Dennis Roundy

]]> By: Dennis Roundy http://reitips.com/how-to-make-a-short-sale-offer/comment-page-1/#comment-149191 Dennis Roundy Tue, 03 Feb 2009 04:07:00 +0000 http://reitips.com/?p=935#comment-149191 Interested in the software program for the "How to make tempting REO/short sale offers". Please send cost and how to order. Sincerely, Dennis Roundy Interested in the software program for the “How to make tempting REO/short sale offers”. Please send cost and how to order.

Sincerely,
Dennis Roundy

]]>