commercial reo: Appraisals vs. BPOs to set REO asking prices - Commercial Perspective - 08/22/11 08:12 AM
There has been a lot of conversation about Appraisals vs. BPOs. I don't know how it works for existing home sales and residential REOs, although the perspective of residential agents seems vastly different than the comparison I see for commercial REO properties. There are 2 primary drivers when valuing commercial property that do not appear to be as relevent for home sales. First, is the impact of an appraisal on a lender's reserves, and second is impact on price and salability. My experience suggests the proplems are reversed when an appraisal is used to determine sale price of an REOrather than … (0 comments)

Dan Mincher, CCIM, Sacramento Commercial Real Estate (The Vollman Company, Inc.) Rainmaker large

Dan Mincher, CCIM

Sacramento Commercial Real Estate

Sacramento, CA

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The Vollman Company, Inc.

Address: 1900 Point West Way, Suite 161, Sacramento, CA, 95815

Office: 9169292000 X224

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