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Recompiled Market Value?

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Recompiled Market Value?

Anyone knows what is a recompiled market value?  I googled the term and nothing comes up.  The negotiator working on our short sale deal is waiting on an RMV.  What is that?  Also, he wants a second opinion on the BPO.  Is that good or bad thing?
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ShanetheMortgageMan
Super Contributor

Re: Recompiled Market Value?

Never heard of the RMV until you brought it up.  From the sounds of it it could be another type of valuation on the property from a different source.
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