Wednesday, August 12, 2009

Broker Price Opinions in Charlottesville Picking Up

There are a number of reasons that a bank would order a Broker Price Opinion. Some good and some bad, but with Albemarle County being the 4th highest county in Virginia in Preforeclosures they are on the rise.

Our team did 87 BPOs last in July of 2009. Currently for August we are on pace to do over 150 BPOs. This is yet another sign that there is a big wave of foreclosures, REOs and short sales coming to Charlottesville. We are already seeing an increase in Trustee Sales (foreclosure auctions) on the Charlottesville courthouse steps. These are coming, be ready. If you are behind on your payments, call someone for help, even if its only your lender that you call. There are other options that will help save your credit and future.

Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com
http://www.forestlakesliving.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.charlottesvilleshortsale.com
http://www.theaverygroup.com

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