Broker Price Opinion Reports (aka; commercial BPO report) are sought after by small balance and private money lenders when providing loans to their borrowers.
The majority of the lenders will order a BPO Report when they are up against funding time constraints and costs.
The broker price opinion report is a fraction of the cost of commercial real estate appraisals and can be delivered to the lender within 24 - 48 hours.
Our bpo services cover properties in all cities of Los Angeles county. This is considered our backyard where we comfortably understand market pricing and trends in order to ensure our clients better accuracy in our commercial BPO reports.
We do all commercial property types and multifamily only...
Unlike a full blown certified appraisal issued by a certified appraiser, the commercial BPO report is only an opinion of the price of a property if it were being placed on the market for a sale. It is not a report that leads into the value of a property such as a certified appraisal would reflect.
The BPO report takes into account (when available) comparable sales of like-for-like properties, cost per square foot comparables or per unit comparables, lease comparables, capitalization rate comparables and gross rent multiplier (GRM) comparables.
This along with other economic and financial factors of the borrower is also taken into account by the lender.
Our commercial BPO reports contain all the pertinent income & expense details as well as market comparables..click on the colored links below
Important Note: We will make every attempt to produce a commercial BPO report which will include all of our comparables criteria, however, the recent softening of the commercial markets and lack of property sales comparables may limit us in providing the lender with critical information in making loan decisions.
Disclosure: We are not certified appraisers and do not issue certified commercial real estate appraisals.
NOTE:This PayPal "BUY BUTTON" is NOT for advance payment of BPO fees.