Article Map
Preview - Broker Price Opinion Form
RESIDENTIAL BROKER PRICE OPINION
Loan #
REO #:This BPO is the
PROPERTY ADDRESS:
FIRM NAME:
PHONE NO.
Initial
2nd Opinion
Updated Exterior Only |
DATE |
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SALES REPRESENTATIVE: |
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BORROWER’S NAME: |
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COMPLETED BY: |
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FAX NO. |
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I.GENERAL MARKET CONDITIONS
Current market condition: |
Depressed |
Slow |
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Stable |
Improving |
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Employment conditions: |
Declining |
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Increasing |
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Market price of this type property has: |
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in past |
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months |
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in past |
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Remained stable |
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Estimated percentages of owner vs. tenants in neighborhood: |
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% owner occupant |
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There is a |
Normal supply |
oversupply |
shortage of comparable listings in the neighborhood |
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Approximate number of comparable units for sale in neighborhood: |
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No. of competing listings in neighborhood that are REO or Corporate owned:
No. of boarded or
Excellent
% tenant
II.SUBJECT MARKETABILITY
Range of values in the neighborhood is $ |
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to $ |
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The subject is an |
over improvement |
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under improvement |
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Appropriate improvement for the neighborhood. |
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Normal marketing time in the area is: |
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days. |
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Are all types of financing available for the property? |
Yes |
No |
If no, explain |
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Has the property been on the market in the last 12 months? |
Yes |
No |
If yes, $ |
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list price (include MLS printout) |
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To the best of your knowledge, why did it not sell? |
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Unit Type: |
single family detached |
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condo |
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mobile home |
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single family attached |
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townhouse |
modular |
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If condo or other association exists: Fee $
monthly
annually Current?
Yes
No |
Fee delinquent? $ |
The fee includes:
Association Contact:
Insurance
Name:
Landscape
Pool
Tennis |
Other |
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Phone No.: |
III. COMPETITIVE CLOSED SALES
ITEM |
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SUBJECT |
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COMPARABLE NUMBER 1 |
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COMPARABLE NUMBER 2 |
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COMPARABLE NUMBER 3 |
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Address |
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Proximity to Subject |
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REO/Corp |
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REO/Corp |
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REO/Corp |
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Sale Price |
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Price/Gross Living Area |
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Ft. |
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Sale Date & |
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Days on Market |
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VALUE ADJUSTMENTS |
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DESCRIPTION |
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DESCRIPTION |
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DESCRIPTION |
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DESCRIPTION |
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Sales or Financing |
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Concessions |
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Location (City/Rural) |
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Leasehold/Fee Simple |
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Lot Size |
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View |
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Design and Appeal |
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Quality of Construction |
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Year Built |
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Condition |
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Total |
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Bdms |
Baths |
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Total |
Bdms |
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Baths |
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Total |
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Bdms |
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Baths |
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Total |
Bdms |
Baths |
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Above Grade |
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Room Count |
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Gross Living Area |
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Sq. Ft. |
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Sq. Ft. |
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Sq. Ft. |
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Sq. Ft. |
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Basement & Finished |
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Rooms Below Grade |
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Functional Utility |
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Heating/Cooling |
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Energy Efficient Items |
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Garage/Carport |
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Porches, Patio, Deck |
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Fireplace(s), etc. |
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Fence, Pool, etc. |
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Other |
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Net Adj. (total) |
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Adjusted Sales Price of |
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Comparable |
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Fannie Mae Revised 03/99 |
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Page 1 of 2 |
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REO# |
Loan # |
IV. MARKETING STRATEGY
Minimal Lender Required Repairs |
V. REPAIRS
Occupancy Status: Occupied
Repaired Most Likely Buyer:
Vacant 
Unknown
Owner occupant 
Investor
Itemize ALL repairs needed to bring property from its present “as is” condition to average marketable condition for the neighborhood. Check those repairs you recommend that we perform for most successful marketing of the property.
$
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GRAND TOTAL FOR ALL REPAIRS $ |
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VI. COMPETITIVE LISTINGS |
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ITEM |
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SUBJECT |
COMPARABLE NUMBER 1 |
COMPARABLE NUMBER. 2 |
COMPARABLE NUMBER. 3 |
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Address |
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Proximity to Subject |
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REO/Corp |
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REO/Corp |
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REO/Corp |
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List Price |
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Price/Gross Living Area |
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Sq.Ft. |
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Data and/or |
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Verification Sources |
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VALUE ADJUSTMENTS |
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DESCRIPTION |
DESCRIPTION |
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DESCRIPTION |
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DESCRIPTION |
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Sales or Financing |
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Concessions |
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Days on Market and |
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Date on Market |
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Location (City/Rural) |
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Leasehold/Fee |
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Simple |
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Lot Size |
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View |
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Design and Appeal |
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Quality of Construction |
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Year Built |
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Condition |
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Above Grade |
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Bdms |
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Baths |
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Room Count |
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Gross Living Area |
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Sq. Ft. |
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Sq. Ft. |
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Sq. Ft. |
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Sq. Ft. |
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Basement & Finished |
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Rooms Below Grade |
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Functional Utility |
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Heating/Cooling |
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Energy Efficient Items |
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Garage/Carport |
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Porches, Patio, Deck |
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Fireplace(s), etc. |
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Fence, Pool, etc. |
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Other |
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Net Adj. (total) |
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+ |
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Adjusted Sales Price |
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$ |
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$ |
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$ |
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of Comparable |
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VI. THE MARKET VALUE (The value must fall within the indicated value of the Competitive Closed Sales).
Market Value |
Suggested List Price |
AS IS REPAIRED
30 Quick Sale Value
Last Sale of Subject, Price |
Date |
COMMENTS (Include specific positives/negatives, special concerns, encroachments, easements, water rights, environmental concerns, flood zones, etc. Attach addendum if additional space is needed.)
Signature: |
|
Date: |
Fannie Mae Revised 03/99 |
Page 2 of 2 |
CMS Publishing Company 1 800 |
Common PDF Forms
Balancing Cash Drawer - A user-friendly method for recording cash counts and notes.
Annual Physical Exam Template - Inquire about any communicable diseases during your appointment for public health safety.
A Nevada Motor Vehicle Bill of Sale form is a document that records the sale and purchase details of a vehicle, transferring ownership from the seller to the buyer. It's essential for documenting the transaction and may be required for registration, tax, and legal purposes. For a smooth transfer of ownership, make sure to fill out the form correctly by visiting billofsaleforvehicles.com/.
Free Printable Direction to Pay Form - By authorizing direct payments, this form can help you manage your auto repairs more effectively during a claim.
Similar forms
-
Comparative Market Analysis (CMA): Similar to a Broker Price Opinion, a CMA assesses the value of a property based on recent sales of comparable homes in the area. It provides a detailed analysis of local market conditions and helps sellers and buyers understand the fair market value of a property.
-
Appraisal Report: An appraisal report is conducted by a licensed appraiser and provides an unbiased estimate of a property's value. Like a BPO, it considers comparable sales, but it often includes a more comprehensive analysis of the property’s condition and unique characteristics.
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Real Estate Listing Agreement: This document outlines the terms between a seller and a real estate agent. While it does not assess value directly, it often references a BPO or CMA to establish a listing price, making it essential for setting expectations in the sales process.
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Property Condition Report: This report details the physical condition of a property, including necessary repairs. While a BPO focuses on market value, the property condition report provides insight into how the state of the property may affect its value.
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Market Analysis Report: This document provides an overview of the real estate market trends in a specific area. It shares similarities with a BPO by analyzing market conditions and trends but does not focus on a specific property’s value.
- Motor Vehicle Bill of Sale: This essential document records the transfer of ownership of a motor vehicle, providing legal protection and aiding in the registration process. For those looking to formalize the sale or purchase of a vehicle in Texas, open the form to get started.
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Investment Property Analysis: This analysis evaluates the potential return on investment for rental properties. It parallels a BPO in that it assesses property value but focuses more on cash flow and investment metrics than on market comparables.
-
Foreclosure Valuation Report: Often used by lenders, this report assesses the value of properties in foreclosure. It is similar to a BPO in that it aims to determine a quick sale price, often under distressed conditions.