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 Erik's Classes Here - https://us02web.zoom.us/j/7016646690