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  2. What is a broker price opinion (BPO)? - AOL

    www.aol.com/finance/broker-price-opinion-bpo...

    The real estate agent doesn’t even enter the property, but instead assigns it a value based on its exterior appearance/condition and its location. Common uses of broker price opinions

  3. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    [2] [1] Through BPOs, real estate professionals can improve their skills in property inspection, market knowledge, evaluation, and property pricing. [6] At a price of US$30–$100 per BPO, [5] the work can provide side income or steady income for real estate agents. [1] Agents may also create working relationships and a rapport with financial ...

  4. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/finance/refinance-appraisal-works...

    As with the original appraisal you paid for when buying the home, the refinance appraisal assesses your property’s condition and compares the place to similar homes in your local real estate ...

  5. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/refinance-appraisal-works-expect...

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  6. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    There exists a significant difference in the responsibilities of a real estate agent and a valuer. While a real estate agent is allowed to represent the interests of their client, a valuer is required to offer an unbiased and independent assessment of value. The legal framework governing these roles is distinct as well. Lawyers, Conveyancers ...

  7. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

  8. Appraised value - Wikipedia

    en.wikipedia.org/wiki/Appraised_value

    An appraised value (United States) or mortgage valuation (Australia) pertains to the assessed value of real property in the opinion of a qualified appraiser or valuer. It is usually a pre-qualification & risk-based pricing factor related to the issuance of mortgage loans by a financial institution .

  9. Do I lose home equity after refinancing? - AOL

    www.aol.com/finance/lose-home-equity-refinancing...

    For example, if closing costs on your refinancing are $5,000 and the amount you are refinancing is $150,000, the lender can give you a total of $155,000, borrowing against your home’s value and ...

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