ApacRealty.com

BPO Services

Our Apac Realty team is committed to providing the highest quality Broker Price Opinions (BPOs) in the marketplace. Apac Realty offers comprehensive BPO training to our agents.

In addition, we have established in-house procedures to ensure that each agent’s BPO will confirm each client’s guidelines and requirements before performing a BPO.

Benefits and Uses of BPOs for your pre-REO properties:

Property values for foreclosure sales exceeding 1 year require an updated BPO to allow you to make the right decisions at every stage up until the distressed asset’s final sale.
BPOs allow you, the lender, to conduct proper or supplemental due diligence on your appraisals to further minimize your fraud risk.
You can also use BPOs to better gauge the value of your bulk REO Tapes during price negotiations with potential investors.
You can use BPOs as a tool to determine your portfolio’s value and more accurately determine whether you meet your required cash reserve ratio.

Short Sale

Bank-directed short sales, along with other loss mitigation procedures, can potentially remove 70% of the distressed assets from the default process. Through short sales, banks can potentially save millions in REO operating expenses, such as eviction, property preservation, and property repairs.

We completely understand the short sale market and we will assist you in maximizing your return from distressed short sale assets. In particular, pre-approved pricing can eliminate months from the short sale and maximize the value of the defaulted properties.

We will find the right buyers or investors and prepare all the necessary paperwork to expedite the right sales price.

Here are several reasons for considering short sales:

Engages the borrower to work with you instead of against you.
Can keep the properties in good condition at owner’s expense during the selling process.
Minimize government fees and taxes from title transfers of REO properties.
Avoid the expense and liability of owning REO properties.

Allison Huang
Attorney & Broker
DRE# 01396064
Phone: 310-980-6930
Fax: 310-706-4227
allison@ApacRealty.com