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This document provides a comprehensive price opinion for 17441 Ludlow Street, estimating market prices and repairs for a single-family residential property.

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What is brokers price opinion?

A broker's price opinion (BPO) is an estimate of the probable selling price of a property, provided by a licensed real estate broker based on market analysis.

Who is required to file brokers price opinion?

Typically, individuals or entities involved in real estate transactions, such as real estate agents, mortgage lenders, and property appraisers, may be required to file a broker's price opinion.

How to fill out brokers price opinion?

To fill out a broker's price opinion, a broker must gather relevant property data, perform a comparative market analysis, and complete the BPO form with details on property condition, neighborhood trends, and comparable sales.

What is the purpose of brokers price opinion?

The purpose of a broker's price opinion is to provide a professional estimate of a property's value to assist in decision-making for selling, buying, or financing real estate.

What information must be reported on brokers price opinion?

A broker's price opinion must report property details such as the address, property description, comparable sales, current market trends, and the broker's estimated price range.

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