RESIDENTIAL BROKER PRICE OPINION
REO# _____________________
LOAN NO. __________________ This BPO is the Initial 2
nd
Opinion Updated Special Order DATE _______________________
Property Address _____________________________________ UNIT #:___________
_____________________________________________________________________
Listing Agent Name _____________________________________________________
Phone # ______________________________________________________________
Email
________________________________________________________________
Block and Lot Foreclosed on # ____________________________________
APN # _______________________________________________________
Prepared By Name _____________________________________________
Phone # ______________________________________________________
Email
________________________________________________________
I. GENERAL MARKET CONDITIONS
Current market conditions: Depressed Slow Stable Improving Excellent
Market price of this type property has: Decreased ________ % in past ________ months
Increased ________ % in past ________ months
Remained Stable.
Estimated occupancy in neighborhood: _______ % owner occupant _______ % tenant _______ % vacant
Months of Inventory for competing market
_________
Approximate number of total units for sale in neighborhood:
_________
No. of comparable listings in neighborhood that are REO or Corporate owned:
________ No. of boarded or blocked-up homes: ________
Neighborhood characteristics Urban Suburban Rural Semi Rural
Area build up >75% 25-75% <25%
II. SUBJECT MARKETABILITY
Range of values in the neighborhood is $ __________________ to $ __________________
The subject is an Over improvement Under improvement Appropriate improvement for the neighborhood.
Are all types of financing available for the property? Yes No
If no, explain
Property Type:
Single Family Detached Single Family Attached Condo
Co-op Modular
Mobile Home-Manufactured
Condominium Hotel Land Only
Occupancy Vacant Occupied
Is the Current Use legal? Yes No
If no, explain
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