REO Valuation Solutions 

BPO (Broker Price Opinion)

A local real estate professional provides  subject property verification, evaluates the current exterior condition,  assesses neighborhood trends, estimates marketing time, finds comparable sales and provides an  estimated value for the subject property.

Supplemental REO Appraisal Addendum

LPS' comprehensive valuation program for residential real properties throughout the various stages of foreclosure and asset disposition process

• Supplemental REO appraisal addendum included with standard URAR 1004 Form
• Provides general description of subject's exterior, foundation, basement and insulation
• Notes condition of improvements, depreciation(physical function and external), repairs needed and quality of construction
• Identifies competing listings and market trends
• Provides "as is" and "as repaired" values for normal marketing times
• Provides "as is" and "as repaired" values given client-imposed marketing time

Field Expert™

A real estate field valuation product that combines the expertise of a local real estate professional with the speed and accuracy of an appraiser-developed, rules-based valuation model.

Field Expert offers an opinion of value derived from analyses of local market data and subject property information, as filtered through the LPS Field Expert rules-based valuation model.

Field Expert is used when:

• There are concerns as to the accuracy and consistency of an existing appraisal valuation
  
  OR
• There is limited time/resources for a traditional drive-by or field review

For more information, please visit www.lsi-lps.com.