Midwest First Financial, Inc.
11904 Arbor Street, Suite 200, Omaha, NE 68144
Telephone (402) 330-2274 Facsimile (253) 981-1170
Web Site: www.mffi.com E-mail Address: BPO@MFFI.com
BROKER OPINION OF VALUE - Exterior Photos Required. Interior Photos required if listed or vacant. BPO IS NOT CONSIDERED COMPLETE UNTIL ALL PHOTOS (SUBJECT
PHOTOS & ALL COMP PHOTOS) HAVE BEEN RECEIVED BY MIDWEST. SEE PAGE 3 OF THIS FORM FOR PHOTO AND DELIVERY INSTRUCTIONS.
SAVE BPO TO YOUR HARD DRIVE BEFORE STARTING TO FILL OUT THE FORM AND SAVE OFTEN WHILE COMPLETING FORM!!!
NOTE: THE INFORMATION CONTAINED HEREIN WILL BE USED IN AN INVESTMENT DECISION
Property Address: Loan #: Borrower:
City: State: Zip: ID #:
Subject: Urban Suburban Rural Population If not urban, nearest city over 50,000
RANK THE FOLLOWING: 1 2 3 4 5 6 7 8 9 10
Subject Property: Undesirable Desirable
Neighborhood Desirability: Least Desirable Most Desirable
Neighborhood Housing Prices: Lowest in town Highest in Town
Neighborhood Age: Very Old Very New
Crime/Vandalism Expected: Much None
Please fill in the tax and fee section completely and accurately. If possible, please attach a printout of the tax info from the MLS or County.
Current Annual Prop Tax Amt (Required) Month(s) in which taxes are payable?
Name of Taxing Authority(ies) (Required) Telephone #(s) of Tax Auth.
Past Due Property Tax Amount (Required) Year(s) for which taxes are past due?
Homeowner Association Fees? Yes No /mo Special Assessments? Yes No $ -
Property Description:
Style Type Lot Size Sq Ft Rms / BR / BA Bsmt Gar Yr Built Amenities
Subject listed for sale w/in last 12 months? Yes No # of Days on market?
Is the Subject currently listed for sale? Yes No Broker Phone
Price Comments
Is Subject Vacant or Occupied? Vacant Occupied If Vacant, is subject secured? Yes No
Were you able to insepct the interior of the subject property? Yes No Comments
When describing the following, please use Excellent, Good, Fair, Poor. DO NOT USE AVERAGE.
Excellent Good Fair Poor Comments
Property Condition
Curb Appeal
Maintenance
Neighborhood Pride of Ownership
Is the Subject in a HUD designated Flood Zone? Yes No Comments
Are there potential: Zoning/Easement Problems? Yes No Comments
Are there any potential Environmental problems? Yes No Comments
Estimated percentage of tenant occupied properties in neighborhood? Comments
Number of Vacant/boarded homes in neighborhood On subject property's street Comments
Number of listings in immediate area Price Range: Low High Average
Average days on market in area for: Comparable Listings: Comparable Solds
Number of listings: Increasing Stable Decreasing Housing Supply is: Increasing Stable Decreasing
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When describing condition, please do not use the term "Average". We may not know what average for your area is. Please use, Excellent, Good, Fair, or Poor.
Pres Did Seller assist
Subject Property Lot Size Style Yr Built Sq Ft Rms/Br/Ba Bsmt Gar? Sale Date DOM Cond Buyer's CC's ($)? Sale Price
0 0 0 0 0 // 0 0
Comparable SALES (in order from # of Blks from Pres Did Seller assist
most comp. to least) Subj Style Yr Built Sq Ft Rms/Br/Ba Bsmt Gar? Sale Date DOM Cond Buyer's CC's ($)? Sale Price
1) / /
2) / /
3) / /
Comparable LISTINGS (in order # of Blks from Did You Present
from most comp. to least) Subj Style Yr Built Sq Ft Rms/Br/Ba Bsmt Gar? Inspect? DOM Condition List Price
1) / /
2) / /
3) / /
Comments: indicate which Sold & Listing comparable is most like subject, why is property better/worse than subject, i.e. amenities, concessions, condition:
Comp 1)
Comp 2)
Comp 3)
Listing 1)
Listing 2)
Listing 3)
Comments - Describe factors which would affect the subject's marketability:
Drive by repairs: Use the space below to describe any repairs needed that you are aware of or can see. You may check more than one box per item:
Description of repairs: Lender Required Repair Initial Cleanup Property Preservation Repair for as is sale Repair for Repaired Sale Est Cost to Complete
1)
2)
3)
4)
5)
Total Repairs: -
TOTAL REPAIR COSTS: Initial Cleanup As-Is Sale Repaired Sale
Are Seller Paid Termite Inspection/Repairs customary for your region? Yes No
If so, what is typical amount to treat/repair property? $
Note: If opinion is based on exterior inspection only, and property is located in an area at risk of crime/vandalism, assume the subject's interior is in poor condition
unless there are compelling reasons to assume otherwise. Please provide your estimate of this property's sale price under the following conditions:
Marketing Time Ant. List Price Sale Price As Is Sale Price - Repaired Broker Recommends:
3 Months As-Is Sale
6 Months
12 Months Repaired Sale:
Estimated Land/Lot Value (Required)
If you are familiar with inserting photos in Excel, please enter the photos below. You may also enter the photos in the
Photo Addendum in Microsoft Word format. Form can be located on the Broker's Only Page of the MFFI.com website. If you
can e-mail printouts of the MLS (comp solds & listings including color photos), please do so to BPO@MFFI.com.
Broker Background: Length of Employment in Field , Sales Volume Last Year $
Specialty; ie: REO, sfr, relocation, small commercial
Broker/Agent Name: Phone Number:
Company Name: Mobile Number:
Address: E-Mail Address:
BPO Completion Date: 1/16/2012 14:13
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ADDITIONAL PHOTOGRAPH ADDENDUM
Property Address: 0 Loan #: 0 Borrower: 0
City: 0 State: 0 Zip: 0 ID #: 0
Please insert photos here.
Don't forget to "unprotect the sheet"
SUBJECT PHOTO - FRONT VIEW
SUBJECT PHOTO - SIDE/REAR
SUBJECT STREET PHOTO
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ADDITIONAL PHOTOGRAPH ADDENDUM
Property Address: 0 Loan #: 0 Borrower: 0
City: 0 State: 0 Zip: 0 ID #: 0
COMPARABLE SALE #1
COMPARABLE SALE #2
COMPARABLE SALE #3
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ADDITIONAL PHOTOGRAPH ADDENDUM
Property Address: 0 Loan #: 0 Borrower: 0
City: 0 State: 0 Zip: 0 ID #: 0
COMPARABLE LISTING #1
COMPARABLE LISTING #2
COMPARABLE LISTING #3
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