Sample Broker Price Opinion

Residential Broker Price Opinion

1. 410026
Borrower's Name:
County:City: State:Property Address: Zip:
RESIDENTIAL BROKER PRICE OPINION
BPO CHASE 12/09
in past months
to $
No. of competing listings in neighborhood that are REO or Corporate owned:
to $Range of sales in the neighborhood is $
ExteriorInteriorThis BPO is the
Loan #: Relationship #:
REO #: 2nd Opinion Updated DATE:
Subject Parcel #:
Current market condition:
I. GENERAL MARKET CONDITIONS
Employment conditions:
Market price of this type property has:Decreased %
in past monthsIncreased %
Remained Stable
% Owner occupant % TenantEstimated percentages of owner vs. tenants in neighborhood:
OversupplyThere is a Normal Supply Shortage of comparable listings in the neighborhood
Approximate number of comparable units for sale in neighborhood:
No. of boarded or blocked-up homes:
II. SUBJECT MARKETABILITY
Neighborhood Boundaries defined
Total # of Properties
Total # of PropertiesRange of listings in the neighborhood is $
Under improvementThe subject is an Over improvement Appropriate improvement for the neighborhood
Normal marketing time in the area is: days.
Are all types of financing available for the property? Yes No If no, explain
Has the property been on the market in the last 12 months? Yes No If yes, $ list price (include MLS printout)
Is the subject currently listed for sale: Yes No Current list price: $
If listed, provide the brokers name: Firm: Phone #
Subjects total DOM for the past year: Starting Listing Price: $
First price reduction: DOM Second price reduction: DOM Third price reduction: DOM
To the best of your knowledge, why did it not sell?
Subjects Last Sale Price: $ Sales Date:
Additional Prior Sale Price within past 24 months: $ Sales Date:
Single family detached Single family attachedCondo TownhouseCo-op ModularUnits # Mobile homeUnit Type:
If condo or other association exists: Fee $ Monthly Annually Yes NoCurrent? Fee delinquent? $
The fee includes: Insurance Landscape Pool Tennis Other
Association Contact: Name: Phone #
Project Name: Total Number of units: Legal action Yes No
III. COMPETITIVE CLOSED SALES
DESCRIPTION
sq.ft.
Address
Proximity to Subject
Sale Price
$$
Price / Gross Living Area sq.ft.
DESCRIPTIONVALUE ADJUSTMENTS DESCRIPTION
Sale or Financing
Concessions
Location (city/rural)
Leasehold/Fee Simple
Lot Size
Appeal & Quality
Year Built
Condition
Above Grade Total Bdrms. Baths
Room Count
Gross Living Area sq.ft.
Basement & Finished
Rooms Below Grade
Garage / Carport
Net Adj.(Total)
Adjusted Sale Price
of Comparables
COMPARABLE NUMBER 1 COMPARABLE NUMBER 2 COMPARABLE NUMBER 3ITEM
SUBJECT
Total Bdrms. Baths
sq.ft.
sq.ft.
$
$
$
sq.ft.$
$
Total Bdrms. Baths
sq.ft.
$
$
+ - + -
DESCRIPTION
Total Bdrms. Baths
sq.ft.
$
$
+ (-) $ Adjustment+ (-) $ Adjustment+ (-) $ Adjustment
$
$+ -
$
Sale Date &
Days on Market
View
Heating / Cooling
Porch/Patio/Deck
Fireplaces
Fence, Pool, etc
Other / Functional Utility
List Price at Sale
# of Price Reductions
Sale Type (Reo/Short Sale/ Forcl)
# of units
Increasing Stable Declining
Listing Date:
Price: $ Price: $ Price: $
Unit #
Increasing Stable Declining
File #
410026
LAS VEGAS
0
Las Vegas
473 Garrafon Bay St
216100
0
2.03
GOOD
Single story
0
4900 -4900
Block fence 0
2 ATTACHED 0
Central 0
FEE SIMPLE 0
229950
1906 0
CITY 0
0.13ac 1000
29
9900
10
Covered patio -2000
119
1.07 Miles
5
Feb 10 2011
226000
STANDARD
1
Gated\/fireplace -4000
None 0
2003
0
Las Vegas
246 Apennine Pl
212405
0
2.03
GOOD
Single story 0
7595 -7595
Block fece 0
2 ATTACHED 0
Central 0
FEE SIMPLE 0
219000
1884 2000
CITY 0
0.13ac 1000
20
4595
10
Deck, patio 0
115
1.26 Miles
5
Dec 6 2010
217000
REO
1
Sold as is\/fireplac 0
None 0
2003
0
Las Vegas
11222 Revelry Ln
212460
0
2.03
GOOD
Single story 0
6540 -6540
Block fence 0
2 ATTACHED 0
Central 0
FEE SIMPLE 0
219300
1884 2000
CITY 0
0.12ac 1000
5
5540
10
Covered patio -2000
116
1.25 Miles
5
Feb 1 2011
218000
REO
1
Sold as is\/fireplac 0
None 0
2003
329000194900
284000192000
CLARK
✘✘
CHS-110427-00943-2
799687
✘✘
✘✘
✘✘
[phone]
39 ✘✘
Michael Hanks Prudential, Americana Group, [phone]
53
62.00
N of Charleston, E of Sky Vista, S of Desert Moon, W of Desert Forrest
11
10
2
85 15
✘✘
SFRD
✘✘
✘✘
UTLS Default Services
Apr 29 2011
✘✘
✘✘
✘✘
0
✘✘
NV
LAS VEGAS NV 89138
2.03
GOOD
53
Single story
Block fence
2 ATTACHED
Central
FEE SIMPLE
1925
CITY
Patio
5
0.17ac
✘✘
Fireplace
None
2005
10
89138

2. 410026
RESIDENTIAL BROKER PRICE OPINION
BPO CHASE 12/09
File #
Completed By:
Phone No.:
Firm Name:
As-is Minimal Lender Required Repairs Repaired Most Likely Buyer: Owner occupant
$
V. MARKETING OCCUPANCY STRATEGY Occupancy Status:
Investor
VI. REPAIRS
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.
$
$
$
$
$
$
$
$
$
GRAND TOTAL FOR ALL REPAIRS $
Estimated Rent: $ per month
IV. CURRENT OCCUPANCY STATUS Occupancy Status: Owner Vacant Tenant
Main residence Rented
VIII. THE MARKET VALUE (The value must fall within the indicated value of the Competitive Closed Sales).
AS IS 90 to 120 day value
REPAIRED 90 to 120 day value
$
$
Market Value Suggested List Price
Last Sale of Subject, Price $ Date
IX. 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:
Quick sale value $
$
$
$
VII. COMPETITIVE LISTINGS
DESCRIPTION
sq.ft.
Address
Proximity to Subject
List Price
$$
Price / Gross Living Area sq.ft.
DESCRIPTIONVALUE ADJUSTMENTS DESCRIPTION
Sale or Financing
Concessions
Location (city/rural)
Leasehold/Fee Simple
Lot Size
Appeal & Quality
Year Built
Condition
Above Grade Total Bdrms. Baths
Room Count
Gross Living Area sq.ft.
Basement & Finished
Rooms Below Grade
Garage / Carport
Net Adj.(Total)
Adjusted Sale Price
of Comparables
COMPARABLE NUMBER 1 COMPARABLE NUMBER 2 COMPARABLE NUMBER 3ITEM
SUBJECT
Total Bdrms. Baths
sq.ft.
sq.ft.
$
$
$
sq.ft.$
$
Total Bdrms. Baths
sq.ft.
$
$
+ - + -
DESCRIPTION
Total Bdrms. Baths
sq.ft.
$
$
+ (-) $ Adjustment+ (-) $ Adjustment+ (-) $ Adjustment
$
$+ -
$
Days on Market
View
Heating / Cooling
Porch/Patio/Deck
Fireplaces
Fence, Pool, etc
Other / Functional Utility
Original List Price
# of Price Reductions
Email Address:
Broker distance to subject Property:
Fax No.:
Broker / Agent Lic #:
Years of Experience:
Verification Sources
Loan #: Relationship #:REO #:
Other
Ownership Status:
Owner Vacant Tenant Other
Land Value $
Unit #
✘✘
Apr 29 2011
215000
Michael HanksPrudential, Americana Group, Realtors
17.0 Miles
[email protected]
[phone]
40945
[phone]
13
Approximatly 70% of all listings and 60% of all sold comparables are either a REO. foreclosure, trustees deed in lieu of, or short sale. Most fair market homes are priced to sell due
to the high rate of distressed properties. Subject appears to be in a maintained condition and does conform with the neighborhood. Slow market - lack of relevant comps within one
mile of subject.
✘✘
✘✘
225000
215000 225000
200000
210000
1600
60000
0
217900
0
2.03
Las Vegas
GOOD
Single story 0
0Block fence
-2000
2 ATTACHED
Central 0
FEE SIMPLE 0
219900
1925 0
SUBURBAN 0
0.15ac 0
44
2000
219900
Covered patio -2000
113
1 1/2 BLOCKS
5
None 0
820 Paseo Rocoso Pl
Foreclosure\/firepla 0
MLS
None 0
2005
0
226000
0
2.03
Las Vegas
GOOD
Single story 0
0Block fence
-2000
2 ATTACHED
Central 0
FEE SIMPLE 0
229000
1925 0
SUBURBAN 0
0.20ac -1000
27
3000
229000
Covered patio -2000
117
1 1/2 BLOCKS
5
None 0
811 Paseo Cerro Pl
Fireplace 0
MLS
None 0
2004
0
211900
0
2.03
Las Vegas
GOOD
Single story 0
0Block fence
0
2 ATTACHED
Central 0
FEE SIMPLE 0
214900
1904 0
SUBURBAN 0
0.15ac 0
168
3000
214900
Courtyard 0
111
0.55 Miles
5
None 0
11616 Regal Rock Pl
Fireplace 0
MLS
City\/Strip -3000
2004
LAS VEGAS NV
NO
2.03
GOOD
Single story
Block fence
2 ATTACHED
Central
FEE SIMPLE
1925
CITY
0.17ac
Patio
5
COUNTY TAX
None
2005
✘✘
✘✘
UTLS Default Services
0Exterior Landscaping
0Interior Painting
0Interior Structural
0Interior Appliances
0Interior Utilities
0Interior Floors
0Interior Other
0Interior Cleaning
0Exterior Structural
0

3. 410026
SUBJECT PHOTOGRAPH ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
FRONT OF
SUBJECT PROPERTY
REAR OF
SUBJECT PROPERTY
STREET SCENE
LAS VEGAS CLARK NV 89138

4. 410026
ADDITIONAL PHOTOGRAPH ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
PHOTO (LIST 1)
PHOTO (ADDR VERIFICATION)
PHOTO (SIDE)
NV 89138

5. 410026
ADDITIONAL PHOTOGRAPH ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
PHOTO (LIST 3)
PHOTO (LIST 2)
E DR
NV 89138

6. 410026
Comparable Sale 1
Date of Sale:
Sale Price:
Sq. Ft.:
$ / Sq. Ft.:
COMPARABLES PHOTOGRAPH ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
(Comps 1-3)
Comparable Sale 2
Date of Sale:
Sale Price:
Sq. Ft.:
$ / Sq. Ft.:
Comparable Sale 3
Date of Sale:
Sale Price:
Sq. Ft.:
$ / Sq. Ft.:
Las Vegas
Las Vegas
Las Vegas
473 Garrafon Bay St
246 Apennine Pl
11222 Revelry Ln
LAS VEGAS CLARK
1906
1884
1884
119
115
116
Feb 10 2011
Dec 6 2010
Feb 1 2011
226000
217000
218000
NV 89138

7. 410026
LISTING COMPARABLE PHOTOGRAPH ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
PHOTO (LIST 2)
PHOTO (LIST 3)
LAS VEGAS CLARK NV 89138

8. 410026
LOCATION MAP ADDENDUM
Property Address
City
Lender
State
Borrower/Client
County Zip Code
File No.
LAS VEGAS CLARK NV 89138

9. 410026
4/29/2011 12:29:34 PMThis document was generated on: