Estimate Your Homes BPO

Property Description

*Type:	*Ownership:
*Bedrooms:	*Bathrooms:
*Address Line 1:	Address Line 2:

*City:

*State:

*Zip Code:

Contact Information

*First Name:	*Last Name:
*Email:	*Phone Number:

What is a BPO?

A BPO is what is known in the banking industry as a "Broker Price Opinion." For example they are similar to a home appraisal and what other real estate agents might call a home market analysis. They are created by local real estate agents in their respective markets.

What is the difference?

One good example of the difference in a professional home appraisal and a BPO is evident in how banks deal with foreclosed properties. When you go out and get a loan on a new home the banks order a home appraisal from an appraisal company. That appraisal is then used to determine if it is a safe investment over a certain period of time and gives the bank a good feeling about loaning you the money. Should the person getting that loan default and the property return to the bank, the bank does not order another appraisal. They order a BPO. Why? Because when banks receive property's back they want to know from a licensed real estate agent what a realistic price and time frame to sell that home will allow. The BPO suggests a 30 day 90 day and 120 day price list for the sale of the home. Only licensed real estate professionals will have a realistic idea of what a home will sell for within a certain period of time.

How much does this cost?

I offer this service absolutely free to residents of Columbia, Hallsville, Ashland, Harrisburg, Sturgeon and Centralia.

Why is this Free?

I offer this service free in the hopes that should you decide to list your home you will involve me as one of the agents that you interview for the job.

How long will it take?

24-48 hours depending on the amount of workload. To get started simply fill out the form provided and you will be contacted within the above referenced time frame.