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A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify. Later that same year, the program was expanded to include those ...
For many years Antonelli was a business partner of Gould Jr. in the Washington D.C. parking and real estate development PMI Parking Management Inc. Antonelli's real estate holdings were extensive in Washington D.C.'s suburbs. He also had vast holdings in Panama, where he owned more than half a million acres of land, a coconut-oil refining ...
Let’s apply this rule to figure out the recommended income for a $500,000 mortgage. Assuming a 30-year fixed-rate mortgage at 6.5% interest, including estimated property taxes and insurance, the ...
Certified Property Manager. Certified Property Manager (CPM) is a real estate professional designation awarded by the Institute of Real Estate Management (IREM) [1] and recognized by the National Association of Realtors (NAR). The Institute offers a comprehensive program developed exclusively for property and asset managers working with ...
Contents. Colliers International. Colliers International Group Inc. is a Canada -based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 65 countries. [ 3 ] The firm provides services to commercial real estate users, owners, investors and developers; they include ...
Private money investing. Private money investing is the reverse side of hard money lending, a type of financing in which a borrower receives funds based on the value of real estate owned by the borrower. Private Money Investing (“PMI”) concerns the source of the funds lent to hard money borrowers, as well as other considerations made from ...
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