The thing that I need to learn to do is how to negotiate. That is a problem for me because I don't know how to negotiate properly. I know who to talk to when dealing with the bank. That isn't my problem, my problem is negotiating.
A Low BPO will help your negotiating. When they ask for the contact on the BPO, you should give them your number instead of the homeowner. As far as repairs go, get some estimates and submit the highest ones to the lender. I think they will only want structural repairs or repairs that will keep code enforcement from writing up the place.
Author
