Among the many topics, this class will include:

1. BPO Defined

1. 1. BPO-vs-Appraisal
   2. BPO-vs-CMA
   3. BPO-vs-MSR
   4. Interior Inspections
   5. Exterior/Drive-by Inspections
   6. AS-IS Valuation
   7. Fair Market Valuation
   8. AS-IS Repaired Valuation
   9. Probable Sales Price
   10. Suggested List Price
   11. BPO Risk Management
   12. Typical BPO Fee Structure

1. PURPOSE – Why BPO’s Are Ordered
   1. Short Sales
   2. REO Marketing And Pricing Strategies
   3. Bulk Institutional Sales
   4. Relocation
   5. Pre-Foreclosure Evaluation
   6. Legal Disputes: Matrimonial, Business and Tax Appeal
   7. Mortgage Fraud
   8. Seller Pre-Marketing

1. Methodology and Guidelines
   1. Selecting Comparables-Sold and Listed
   2. Bracketing
   3. Calculating Adjustments
   4. Determining Condition
   5. Functional Obsolescence
   6. Environmental, Structural, Mechanical and Cosmetic Issues
   7. Percentage of Homeowners -vs- Renters
   8. Percentage of REO’s -vs- Homeowners
   9. Percentage of New Construction
   10. Percentage of Short Sales
   11. Urban, Suburban and Rural Settings
   12. Neighborhood Geographic Boundaries
   13. Narrative Regarding Subject And Neighborhood
   14. Proper Photos

Take John's Classes Here - https://us02web.zoom.us/j/9425292516

John has been in the Real Estate and Finance industry since 1989.He started his finance career at American Funding a Brooklyn based mortgage Brokerage company.  He became the manager for the Sheep’s head bay branch and Developed American Funding’s Commercial Department.  It was John’s love of the complexity of commercial Finance that move him to seek out Commercial financing companies.  He became a Managing director at Marine Merchant international bank based in Long Island to learn more about commercial and business loan financing.  From there John moved to become a branch manager for GHMC, and then built a commercial Branch for All Money Mortgage Bankers before finding his home at Diversified financial.

He started Diversified Residential and Commercial Services 11 years ago after his partners retired, and holds his NY Real Estate Brokers license since 2004 and His Pennsylvania Brokers license since 2012. Diversified is a  Full service real estate brokerage company and also a Commercial and residential mortgage brokerage company.  John has financed 100’s of Millions of dollars of properties in 39 of the 50 states in the country, with his largest financing transaction to date of $22,800,000.