what does bpo mean: WHAT DOES BPO MEAN - 02/04/11 09:42 AM
What Does Broker Price Opinion (BPO) mean?  It is the estimated value of a particular piece of property or real estate determined by a Qualified Real Estate Broker.  It is based on the characteristics of the property being evaluated.
The broker will consider the following when determining the value of the said property:
•1.      The value of similar homes in the area
•2.      Sales trends in the neighborhood or area where the property is located
•3.      The costs associated with getting the property ready to sell or the cost of needed repairs
•4.      The age of the home
It is similar … (2 comments)

 
Joanne Tilford, Touching Lives Building Realtionships

Joanne Tilford

Touching Lives Building Realtionships

Owensboro, KY

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Address: Real Living Home Realty, 3424 Frederica Street, Owensboro, KY, 42301

Office: (270) 929-8454

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