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Like many agents today, Noelle Delgado has busied herself in this challenging real estate market conducting Broker Price Opinions (BPO - a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary) in addition to residential real estate.
While the majority of property valuations-such as appraisals and broker price opinions (BPOs)--are based on MLS data, the new integration allows brokers and appraisers to access MLS data directly through EML's online platform, which will automatically populate the data-input fields with all available information on the subject property and comparable properties chosen by the broker or appraiser.
The two associations cautioned against exclusive use of broker price opinions and encouraged the FHFA to require at least one appraisal in all REO situations.
Lundquist will oversee creation and delivery of Clear Capital's current and future commercial valuation offerings, including broker price opinions, evaluations, appraisals and property condition inspections.
The guide also contains a special section showing agents exactly how to deliver Broker Price Opinions, a service they can use as the easiest way to break into the REO market.
com has delivered critical valuation data with industry-leading Broker Price Opinions and Appraisals.
On March 31, Freddie Mac revised its Seller/Servicer Guide to strictly prohibit its lenders from using broker price opinions to value properties for mortgage purchases.
BPO company adds services, manages retail valuations for financial institution clients WEST VALLEY CITY, Utah -- Infinity Valuation Services (IVS), a full-service valuation company for both commercial and retail properties and sister company to leading REO outsourcer Green River Capital (GRC), announced the expansion of its broker price opinions (BPOs) and appraisal services to include the valuation of retail or non-distressed properties.