Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Broker’s Price Opinion (BPO) to remove PMI?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]How long have you had your mortgage? I’m in the field and have seen thousands of BPOs. Brokers did tons of them to keep in business in the mortgage crisis (short sales and deeds in lieu etc). In general, BPOs are more conservative in price (tend to come back lower than appraisals). I would pay the $400 and get a true interior appraisal. HVCC laws don’t apply to you and your can speak to the appraiser and inform them the reason you are seeking approval is not for financing. They tend to be more liberal in that case.[/quote] Great insight, thanks! The mortgage is from 2016. I just feel silly paying this PMI when the market value has increased as much as it has. I looked into a refi and none of the options make sense because I have such a low rate already. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
