I'm starting to ask for ID when a BPO goes out to a property. Usually, we email the BPO agent or appraiser ahead of time to confirm appointment, but two weeks ago we had a BPO ordered by Chase. I waited patiently an up rolls this hunk of junk car and a girl that couldn't have been older than 20 climbing out of a back seat who whisked by me took a few pictures and then took off. Of COURSE the BPO is about $50,000 out of wack right now. When I looked up the BPO agent's website it says she has 10 years experience so unless this girl started as an agent at 10 years of age, the BPO sent someone to take pictures and never actually walked through this property.
I'm so angry because I KNOW BETTER. From now on, when we do our confirmation email to all BPO agents and appraisers it will have right in it, PLEASE BRING IDENTIFICATION.
Sorry, I had to vent.
then do a detailed CMA-basically your own bpo, and file a value dispute. I include pictures of any property defects, area crime statistics, anything to justify my deal.
Will do. That's what we do for BOA.
I'm sooo mad at myself that we didn't get this chick's ID. From now on we are doing a MANDADORY email confirmation with a "BRING PHOTO ID" in the subject line.