BPO Order



 
TO ORDER a BPO (Brokers Price Opinion), simply click the following link: 
 
        
 
 
 Once payment is received, please allow up to 2 business days for your order to be processed.
A copy of your order will be sent directly to your attorney.
Again, be sure to download or print your BPO as they are only stored for approximately 30 days.
 

About BPO

BPOs are often associated with foreclosures and short sales, but other companies such as relocation firms order BPOs. A BPO stands for "broker price opinion,"
and it involves using a process very similar to an appraisal, although not as involved nor complicated.

Companies and banks hire a real estate broker to prepare an opinion of value. The representative of the broker, generally a real estate agent, compares a
minimum of three similar properties that have recently sold to the subject property and adjusts up or down for differences.
The final result in an opinion of market value.

The current housing market presents many challenges to our real estate industry, few more important than valuation. Evaluating properties depends more than ever on professional expertise and competence, the best use of technology, and a commitment to approach the valuation assignment from all pertinent perspectives.

According to industry estimates, more than 10 million BPOs are performed annually throughout the country. BPOs provide critical information for decisions, and have been widely adopted as a valuation tool in the mortgage industry and – increasingly – for government programs intended to aid the economy and help homeowners avoid foreclosure.



"This is a market analysis, not an appraisal and was prepared by a licensed real estate broker or associate broker, not a licensed appraiser."