PROPERTY ADDRESS

/ BROKERS PRICE OPINION

,

/ This BPO will have a significant
impact on the marketing of this
property. Every effort should be
made to provide accurate and
detailed information in your
evaluation. Comments are always
welcome and are usually necessary
to describe the property and market.

Loan #:

/

FIRM NAME:

NETWORK MORTGAGE SERVICING

ORDER #:

/

COMPLETED

/

Typed by:

ACCOUNT MGR.:

/

BY:

DATE:

/

PHONE NO.

I. / GENERAL MARKET CONDITIONS
Current market condition: / Depressed / Slow / Stable / Improving / Excellent
Employment conditions: / Declining / Stable / Increasing
Market price of this type property has: / Decreased / % in past / months
Increased / % in past / months
Remained stable
Estimated percentages of owner vs. tenants in neighborhood: / % owner occupant / % tenant
There is a / normal supply / oversupply / shortage of comparable listings in the neighborhood
Approximate number of comparable units for sale in neighborhood:
No. of competing listings in neighborhood that are REO or Corporate owned:
No. of boarded or blocked-up homes:
COMMENT:
II. / SUBJECT MARKETABILITY / (Space for Comments at the bottom of next page.)
Range of values in the neighborhood is $ / to $
The subject is an / over improvement / under improvement / appropriate improvement for the neighborhood.
Normal marketing time in the area is: / days.
Marketability of subject property is / excellent / good / fair / poor.
Unit Type: / House / Condo / Townhouse / Multi-family (No. of units / ) / Modular
If condo or other association exists: Fees are $ / /mo. / Current? / Unpaid how many months?
The fee includes: / Pool / Tennis / Insurance / Landscape / Other
Association Contact: Name / Phone #

III. COMPETITIVE CONTRACT OFFERINGS OR LISTINGS

C
COMPARABLE
ANALYS I S / ITEM / SUBJECT / COMPARABLE NO. 1 / COMPARABLE NO. 2 / COMPARABLE NO. 3
Address
Proximity to Subj.
Current Price / $ / $ / $ / $
Original List Price / $ / $ / $ / $
Current Price/Gross Living Area / $ / $ / REO/Corporate Property? Yes / $ / REO/Corporate Property? Yes / $ / REO/Corporate Property? Yes
Data Source
VALUE ADJUSTMENTS / DESCRIPTION / DESCRIPTION / + (-) $ / DESCRIPTION / + (-) $ / DESCRIPTION / + (-) $
List Date /DOM
Location
Site/View/Land Lease
Design and Appeal
Quality of Construction
Age
Condition/Repairs/ Cosmetic
System, Structural Environmental
(Above Grade) / Total / Bdm / Baths / Total / Bdm / Baths / Total / Bdms / Baths / Total / Bdms / Baths
Room Count
Gross Living Area / Sq. Ft. / Sq. Ft. / Sq. Ft. / Sq. Ft.
Basement & Finished Rooms Below Grade
Functional Utility
Heating/Cooling
Garage/Carport
Porches, Patio, Pools, etc.
Special Energy Efficient Items
Fireplaces
Other (e.g.kitchen equip.,remodeling)
Sales or Financing Concessions
Net Adj. (total)
Indicated Value of Subject
IV. MARKET STRATEGY
Most likely buyer: / Owner Occupant / Investor
Planned Marketing Action in addition to cleaning, repairing, signage, MLS, and lock box (be specific):
Recommended repairs and your estimate of cost by item. (Note with “*” those items likely to be required with Purchaser financing.) Attach addendum if additional space is needed. / Condition Comments and Description. Pleas indicate all structural/systems concerns.
$
$
$
$
$
TOTAL: / $
V. COMPETITIVE CLOSED SALES
ITEM / SUBJECT / COMPARABLE NO. 1 / COMPARABLE NO. 2 / COMPARABLE NO. 3
Address
Proximity to Subj.
Sales Price / $ / $ / $ / $
Current List Price / $ / $ / $ / $
Sale Price/Gross Living Area / $ / $ / REO/Corporate Property? Yes / $ / REO/Corporate Property? Yes / $ / REO/Corporate Property? Yes
Data Source
VALUE ADJUSTMENTS / DESCRIPTION / DESCRIPTION / + (-) $ / DESCRIPTION / + (-) $ / DESCRIPTION / + (-) $
Date of Sale /DOM
Location
Site/View/Land Lease
Design and Appeal
Quality of Construction
Age
Condition/Repairs/ Cosmetic
System, Structural Environmental
(Above Grade) / Total / Bdm / Baths / Total / Bdm / Baths / Total / Bdm / Baths / Total / Bdm / Baths
Room Count
Gross Living Area / Sq. Ft. / Sq. Ft. / Sq. Ft. / Sq. Ft.
Basement & Finished Rooms Below Grade
Functional Utility
Heating/Cooling
Garage/Carport
Porches, Patio, Pools, etc.
Special Energy Efficient Items
Fireplace(s)
Other (e.g.kitchen equip., remodeling)
Sales or Financing Concessions
Net Adj. (total)
Indicated Value of Subject

VI. THE MARKET VALUE must fall within the indicated value of the sales used above.

THE VALUE FOR THE SUBJECT PROPERTY BASED ON 120 DAYS LIST TO CONTRACT IS:

Market Value / Suggested List Price / Available Financing / Broker Recommends Marketing Either
As Is / $ / $ / Conv FHA/VA Other / OR
Minimal Lender Repairs / $ / $ / Estimate of Repairs: $
Complete Repairs / $ / $ / Estimate of Repairs: $

COMMENTS including specific positive on this property and special concerns, if any, like apparent structural issues, encroachments, easements, water rights, propane, hazardous waste, flood zone, etc.) Attach addendum if additional space is needed.

Agent’s Signature / Date

Typed by: