REO and BPO Services for the following REO and bank owned property areas:
Antelope Valley, California including the surrounding communities of Lancaster,
Palmdale, Mojave, Rosamond, North Edwards, Boron and California City, California
BPO SERVICES
REO SERVICES
BPO and REO SERVICES in California City
Broker Price Opinion, an estimate of the value of real property based on
recent sales research by a real estate broker or real estate agent, typically
ordered by a bank, lender, or investor to determine the market value of
the property.
The California City REO/Lender Services Department was formalized in
the early 1990's and has grown into one of the largest real estate service
providers in the brokerage industry. California City Real Estate's award-winning
department excels in property management, accurate property evaluations,
low holding costs, expedient vacancy and fast sales.
Vendor management insures quality repair and maintenance and secure
properties. California City Real Estate's contracts include some of the
largest, as well as the smallest, sellers of REO assets.
Property Evaluations - CMA's and BPO's performed within seller criteria
Sales/Marketing - Strong advertising campaign, MLS cooperation and experienced
agents and staff insure solid and fast sales.
Vacancy and Eviction Services - Excellent "cash-for-keys" program and
effective attorney network provide quick vacancies and low occupancy rates.
Vendor management of repairs and maintenance provides lists of quality,
licensed, insured contractors competitive prices.
We are experienced in the following REO Services:
Broker Priced Opinions, BPO's, REO Listing Properties, Securing Property,
Trash Out
REO and BPO Services for the following REO and bank owned property areas:
Antelope Valley, California including the surrounding communities of
Lancaster, Palmdale, Mojave, Rosamond, North Edwards, Tehachapi, Boron
and California City, California
Valuations Preservation REO Management REO Marketing
Broker Price Opinions (BPO)
Corporate Asset Management (CAM) offers Broker Price Opinions to real
estate lenders, financial institutions, and Wall Street investors nationwide.
With a variety of BPO and Asset Valuation Management (AVM) Products, CAM
will make every attempt to accommodate your specific valuation needs. In
addition, CAM also offers a complete solution to REO management, marketing
and disposition of single, multi-family residences, land, and commercial
properties. CAM can sell properties faster and efficiently. With its technology,
nationwide qualified REO agents, and proven management expertise, CAM is
able to reduce losses and decrease recovery time.
Brokers Price Opinion (BPO) is the essential alternative valuation
tool for financial institutions currently pursuing home equity lines of
credit, refinancing, loss mitigation and collection efforts. Locally licensed
real estate professionals that know the local market trends commonly perform
the BPO. These licensed real estate professionals are also able to produce
a more detailed observation of the valuation. The standard BPO guideline
follows the Freddie Mac and Fannie Mae valuations guidelines.
Brokers Price Opinion (BPO) is the essential alternative valuation tool
for financial institutions currently pursuing home equity lines of credit,
refinancing, loss mitigation and collection efforts. Locally licensed real
estate professionals that know the local market trends commonly perform
the BPO. These licensed real estate professionals are also able to produce
a more detailed observation of the valuation. The standard BPO guideline
follows the Freddie Mac and Fannie Mae valuations guidelines.
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Valuation Products
Drive-By BPO - is the essential alternative valuation tool for financial
institutions currently pursuing home equity lines of credit, refinancing,
loss mitigation and collection efforts. Locally licensed real estate professionals
that know the local market trends commonly perform the BPO. These licensed
real estate professionals are also able to produce a more detailed observation
of the valuation. The standard BPO guideline follows the Freddie Mac and
Fannie Mae valuations guidelines.
Interior BPO - This 3 page report provides a detailed value of the
property with interior and exterior photos. This report is similar to an
appraisal but less expensive. Our clients commonly use this for Appraisals
Reviews, and 2nd Broker Price Opinions.
Appraisals - This report is produce in a single family residence as
an REO Appraisal reflecting property condition, damage report, and cost
of repairs for an “as is” value as well as a repaired value.
BPO/AVM Synergy™ - This report is available as an exterior or interior
version. It combines the BPO and an AVM to produce a real estate valuation
more detailed than a traditional AVM. As an exterior form, the client will
receive a value with 3 sold comparable, 3 active comparables, a front exterior
photo of the property, street view and the range of values.
REO Asset Management
REO Residential Property Services
Initial inspection of property (within 24 hours).
Securing and re-keying of properties.
Obtain detailed Broker's Price Opinion with pictures.
Obtain itemized bid repairs from contractors.
Order appraisal.
Prepare and submit marketing strategy.
Handle the process of activating and paying all utilities; then submitting
reimbursement documentation.
Additional Services
Computerized tracking system.
Written review of all offers & submissions.
Rent collection.
Eviction assistance.
Written summary reports (monthly or as arranged).
Constant monitoring & supervision of all aspects of the REO process.
Ability to market at auction.
What is a BPO /Broker Price Opinion:
Broker Price Opinion
There are a number of reasons when a professional valuation of property
is desired yet a formal appraisal is not required. In these instances,
our Broker Price Opinion (BPO) service is ideal.
The BPO of a residential property is conducted by a local, licensed
real estate professional. The report combines information from a drive-by
exterior examination, external data sources, previous sale data, property
assessment data, recent comparable sales and current neighborhood listings,
as well as a photograph of the subject property.
The BPO includes estimate of repairs to obtain fair market value, neighborhood
information, and value estimate (90, 120, 180 day marketing time for "as
is" and "as repaired" values). Photographs include subject and street scene
photographs. Front photographs of all comparable sales are also available
for an additional fee. This product is not an appraisal and does not include
an inspection of the interior of the property.
REO and BPO Services for the following REO and bank owned property areas:
Antelope Valley, California including the surrounding communities of Lancaster,
Palmdale, Mojave, Rosamond, North Edwards, Boron and California City, California
BPO SERVICES
REO SERVICES
BPO and REO SERVICES IN CALIFORNIA CITY