Docstoc

Property Comps Template

Document Sample
Property Comps Template Powered By Docstoc
					                                                                        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




  7/27/2011                                                                                          Page 1                        ab744e04-8a85-4569-b2ab-60861457b45d.xls
                   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               # of Blks from                                                                                                                   Pres       Did Seller assist
      from 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: 7/27/2011 13:36




     7/27/2011                                                                                           Page 2                         ab744e04-8a85-4569-b2ab-60861457b45d.xls
                                           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




 7/27/2011                                             Page 3        ab744e04-8a85-4569-b2ab-60861457b45d.xls
                      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




 7/27/2011                        Page 4        ab744e04-8a85-4569-b2ab-60861457b45d.xls
                      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




 7/27/2011                        Page 5        ab744e04-8a85-4569-b2ab-60861457b45d.xls

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:56
posted:7/27/2011
language:English
pages:5
Description: Property Comps Template document sample