Who actually determines the facilitated price? Do you use a separate BPO, appraiser or both?

In the short sale process, the lender will order a BPO (Broker Price Opinion) or an appraisal to determine the present market price of the property for their negotiating purposes.  The lender will review the short sale offer in relation to this valuation.  The valuation is rarely disclosed.

 

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← Who actually determines the facilitated price? Do you use a separate BPO, appraiser or both?