Buyer Value Option (BVO)

A BVO transaction is a variation of the amended value transaction in which no appraisals are obtained and usually no initial offer is made to the employee. Although these transactions are sometimes referred to as “amend-from-zero” or “market value sale” there is no initial appraised value offer to “amend.” Rather, the only unconditional offer is made at the “buyer value,” that is, the fair market value as determined by an offer from a potential buyer.