{"id":12775,"date":"2014-08-30T14:30:01","date_gmt":"2014-08-30T18:30:01","guid":{"rendered":"https:\/\/orlandorealtyconsultants.com\/?p=12775"},"modified":"2022-05-10T17:32:10","modified_gmt":"2022-05-10T17:32:10","slug":"decides-value-short-sale","status":"publish","type":"post","link":"https:\/\/orlandorealtyconsultants.com\/es\/decides-value-short-sale\/","title":{"rendered":"Who Decides The Value Of A Short Sale?"},"content":{"rendered":"<p><iframe src=\"https:\/\/www.youtube.com\/embed\/wL1QeR4C2QY?rel=0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2><a title=\"Who Decides The Value Of A Short Sale?\" href=\"https:\/\/www.youtube.com\/watch?v=wL1QeR4C2QY\" target=\"_blank\" rel=\"noopener\">Who Decides The Value Of A Short Sale? <\/a><\/h2>\n<p><a href=\"https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/\" target=\"_blank\" rel=\"noopener\">\u00a0https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/<\/a><br \/>\n<span style=\"font-size: 14pt;\">The valuation of a short sale, as determined by the short sale lender, is probably the single most important factor of the transaction.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">The way it works is; after an offer gets submitted to the lender, the bank will then order a BPO.. AKA [Brokers price opinion] on the property.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">\u00a0This person will usually be a local realtor that will go out to the property, and after doing their research on recent sales in the neighborhood, will give the lender their opinion of what the property is worth.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">Whatever, the BPO comes in at will be the negotiating point between the lender and potential buyer.<\/span><\/p>\n<p><em><strong><span style=\"font-size: 14pt;\">Does it matter if the house needs repairs?<\/span><\/strong><\/em><\/p>\n<p><span style=\"font-size: 14pt;\">Yes, it does matter and that is something that they are supposed to take into consideration when giving their estimation of value.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">After they do the BPO there are 3 things that can potentially happen that will dictate what follows.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">1- The BPO comes in at a fair number that everyone is happy with and we proceed to closing.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">2- The BPO comes in too low and the bank insists on another one being done.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">3-The BPO comes in so ridiculously high that the buyer threatens to walk. Now when this happens, the agent must do whatever it takes to prove to the bank, that the BPO agent got it wrong.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">We do this by preparing an in depth report of our own called a CMA which is also known as a comparative market analysis. This report contains even more information than the BPO agent provided them with.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">What a CMA basically comes down to is a list of Active, Pending and Sold properties in the area. And the whole purpose behind this is to get the lender to order another BPO or if we&#8217;re lucky they&#8217;ll just use ours.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">In the end, after all the dust settles, the lenders are the ones that decide how much they are willing to accept for the property.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">I hope this was helpful in answering your questions. Feel free to call us at 407-902-7750 or visit <a title=\"https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/ \" href=\"https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/%20\" target=\"_blank\" rel=\"noopener\">https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/ <\/a>for Free short sale help.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who Decides The Value Of A Short Sale? \u00a0https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/ The valuation of a short sale, as determined by the short sale lender, is probably the single most important factor of the transaction. The way it works is; after an offer gets submitted to the lender, the bank will then order a BPO.. AKA [Brokers price [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":23169,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[7,4,6,17,225],"tags":[893,47,894,104,233,157,509,847,895,364],"class_list":["post-12775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-news-and-information","category-orlando-realtors","category-orlando-short-sales-2","category-orlando-realtor-videos","tag-johnconde-realtor","tag-orlando-realty-consultants","tag-orlando-rela-estate-agents","tag-orlando-short-sale-experts","tag-short-sale-negotiations","tag-short-sale-negotiators","tag-short-sale-realtors","tag-short-sale-realtors-in-orlando","tag-short-sale-valuations","tag-value-of-a-short-sale"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Who Decides The Value Of A Short Sale? https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/ The valuation of a short sale, as determined by the short sale lender, is probably the single most important factor of the transaction. 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AKA [Brokers price","og:url":"https:\/\/orlandorealtyconsultants.com\/es\/decides-value-short-sale\/","og:image":"https:\/\/mlr4zezkusej.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/ig:avif\/https:\/\/orlandorealtyconsultants.com\/wp-content\/uploads\/2025\/03\/output-onlinepngtools-1.png","og:image:secure_url":"https:\/\/mlr4zezkusej.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/ig:avif\/https:\/\/orlandorealtyconsultants.com\/wp-content\/uploads\/2025\/03\/output-onlinepngtools-1.png","article:published_time":"2014-08-30T18:30:01+00:00","article:modified_time":"2022-05-10T17:32:10+00:00","article:publisher":"https:\/\/www.facebook.com\/OrlandoRealtyConsultants","twitter:card":"summary","twitter:site":"@jenzam0312","twitter:title":"Who Decides The Value Of A Short Sale? | Orlando Realtor | Jenny Zamora | ORC","twitter:description":"Who Decides The Value Of A Short Sale? https:\/\/orlandorealtyconsultants.com\/short-sale-experts\/ The valuation of a short sale, as determined by the short sale lender, is probably the single most important factor of the transaction. The way it works is; after an offer gets submitted to the lender, the bank will then order a BPO.. AKA [Brokers price","twitter:creator":"@jenzam0312","twitter:image":"https:\/\/mlr4zezkusej.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/ig:avif\/https:\/\/orlandorealtyconsultants.com\/wp-content\/uploads\/2025\/03\/output-onlinepngtools-1.png"},"aioseo_meta_data":{"post_id":"12775","title":"#post_title | Orlando Realtor | Jenny Zamora | ORC","description":null,"keywords":[],"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":[],"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[],"defaultGraph":"Article","defaultPostTypeGraph":""},"schema_type":"default","schema_type_options":"{\"article\":{\"articleType\":\"BlogPosting\"},\"course\":{\"name\":\"\",\"description\":\"\",\"provider\":\"\"},\"faq\":{\"pages\":[]},\"product\":{\"reviews\":[]},\"recipe\":{\"ingredients\":[],\"instructions\":[],\"keywords\":[]},\"software\":{\"reviews\":[],\"operatingSystems\":[]},\"webPage\":{\"webPageType\":\"WebPage\"}}","pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2021-10-14 05:05:15","updated":"2025-06-04 07:52:04","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/orlandorealtyconsultants.com\/es\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/orlandorealtyconsultants.com\/es\/category\/news-and-information\/\" title=\"News and Information\">News and Information<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tWho Decides The Value Of A Short Sale?\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/orlandorealtyconsultants.com\/es"},{"label":"News and Information","link":"https:\/\/orlandorealtyconsultants.com\/es\/category\/news-and-information\/"},{"label":"Who Decides The Value Of A Short Sale?","link":"https:\/\/orlandorealtyconsultants.com\/es\/decides-value-short-sale\/"}],"_links":{"self":[{"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/posts\/12775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/comments?post=12775"}],"version-history":[{"count":1,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/posts\/12775\/revisions"}],"predecessor-version":[{"id":23608,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/posts\/12775\/revisions\/23608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/media\/23169"}],"wp:attachment":[{"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/media?parent=12775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/categories?post=12775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orlandorealtyconsultants.com\/es\/wp-json\/wp\/v2\/tags?post=12775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}