I would like your feedback on something. It has been brought to my attention that more and more lenders are using Brokers to do Broker Price Opinions, and then the lenders are relying exclusively on the BPO's for the conclusion of value.
I would like your feedback on something. It has been brought to my attention that more and more lenders are using Brokers to do Broker Price Opinions, and then the lenders are relying exclusively on the BPO?s for the conclusion of value. Do you feel- A. This is good, because it ensures proper valuations B. This is not good because it creates the possibility of a conflict of interest C. This should be the job of an appraiser I would be highly interested in your opinion from a market analysis point of view. Sincerely, Lamarr
