Residential Broker price opinions
benefits of a residential bpo
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Special Asset Team can deliver Residential BPOs in under 5 days, substantially faster than a residential appraisal. When it comes to asset disposition, you can't afford to delay.
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Origination: BPOs help to verify the accuracy of a property value from an appraisal.
Servicing: BPOs allow you to have an up-to-date understanding of your portfolio value, and guide decisions when loans enter default.
Investing: BPOs help you understand the risk of an investment and establish a price range for loans.
Asset Disposition: BPOs establish a dependable and unbiased listing price for REO properties.
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Delivered at less than 50% of the cost of a traditional appraisal, Residential BPOs are a cost-effective way to get the information you need, when you need it.
What’s included in every residential bpo?
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Our team of experienced local agents conduct a thorough exterior inspection of every property. We provide high-quality photos, paying special attention to any signs of deferred maintenance or disrepair.
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We conduct a thorough analysis of the area surrounding each property evaluate, to identify any location-specific factors and trends that might impact the value of the property.
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We also look at trends, economic conditions, and regulatory changes in the broader geographic area where the property is located to identify any headwinds.
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We evaluate comparable nearby properties, both on-market and recently sold, to inform our understanding of how the property should be priced and to inform decisions on what to do with the property.
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Rush Service 48-72 hour turnaround time
Interior Inspections