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BROKER PRICE OPINION BORROWER: LOAN #: Property Address: City: State: KY Zip Code: 42408 120 Burris Ave Dawson Springs The above premises was inspected on: February 12, 2014, by: Bill Thomas, Caldwell
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How to fill out broker price opinion
How to fill out broker price opinion
01
Review the property details
02
Research comparable properties
03
Inspect the subject property
04
Evaluate the condition of the property
05
Analyze market data
06
Determine the property's value
07
Prepare the BPO report
08
Provide supporting documentation
09
Deliver the BPO to the client
Who needs broker price opinion?
01
Lenders
02
Investors
03
Real estate agents
04
Homeowners
05
Buyers
06
Sellers
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What is broker price opinion?
A broker price opinion is an estimate of the value of a property conducted by a licensed real estate broker.
Who is required to file broker price opinion?
Real estate brokers and agents are typically required to file broker price opinions.
How to fill out broker price opinion?
To fill out a broker price opinion, you will need to accurately assess the value of a property using market data and your expertise.
What is the purpose of broker price opinion?
The purpose of a broker price opinion is to provide a professional estimate of a property's value, often used for real estate transactions or financial decisions.
What information must be reported on broker price opinion?
A broker price opinion must include details about the property, market analysis, comparable sales, and the broker's opinion of the property's value.
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