BPO Services
A BPO (Broker Price Opinion) is performed to determine the value of a home. It is most commonly performed when a home is in default and the bank would like to know what the current value would be if the property becomes a REO asset. A BPO will also be completed prior to a property being listed for sale when it's a REO. BPO's are typically completed at the request of a loss mitigation or REO department. Local real estate agents usually perform the BPO’s because they are more familiar with their local real estate market.
We handle broker price opinions for all of San Diego County. Oak Tree Realty applies over 30 years of experience in handling our BPO’s to make accurate valuations within a reasonable timeframe.
REO companies looking to establish a relationship with an experienced REO team, who would like to order a Broker Price Opinion, please contact us today.
