Get Your Property Valuation Faster than Ever: Discover Moore Marsden's Lightning-Fast BPOs!

First of all, what is a BPO? A BPO or a Broker Price Opinion is an estimation of the value of a property made by a licensed real estate agent or broker. It is not as formal or as in depth as a valuation by a Licensed Appraiser but it could be an acceptable alternative for certain situations involving one or more properties.  And if the Parties disagree on the value, they could always hire a Licensed Appraiser.

We want to remind our clients that not only are we the Moore Marsden Experts, but we are also Licensed Real Estate Brokers and Court-Appointed Real Estate experts. So let us handle your BPO needs today! While Probate would require a Probate Referee to value a property, BPOs can be considered for current and historical values for Family Law, Trust Valuations, Date of Death Valuations for tax return purposes), legal arguments contesting the value of a house, investment properties, ADUs (Accessory Dwelling Units) and even for commercial properties!

 At Moore Marsden Experts, we offer we offer competitive pricing for BPOs and quicker turnaround times than your average appraisal! Our BPOs are not just made-up numbers on a page. Our BPOs are backed by documentable evidence, such as comparable sales to support our Broker Price Opinion.

 Pricing:  

·       Residential property starting at $350 per property. 

·       Rural Single Family property starting at $650 per property. 

·       Commercial property (Including Land) starting at $2,000 per property.

 Why are rural or commercial properties more expensive than your typical suburban residential home? These properties typically have less reliable comparables and more complex features that must be taken into consideration for the completion of a BPO. Every piece of real estate is unique and thus these properties take quite a bit more analysis to properly evaluate.

 If you are interested in hiring us to complete BPOs for you or your clients, please inquire with us by emailing us at Info@mooremarsdenexperts.com or calling us at (909) 351-1001 for a more accurate quote catered to your specific property type.

 Outside of the Moore Marsden calculation, which is often completed during a marital dissolution, you might find yourself needing a BPO for a myriad of other reasons. Keep reading on to see how a BPO from the Moore Marsden Experts can help you!

BPO for Estates and Trusts

When a person passes away, their assets become part of their estate, and these assets must be evaluated to determine their value for tax and settlement purposes. Though no one ever wants to be in a situation where their loved one passes away and they have to take over handling their assets, it’s an unfortunate circumstance that many people will have to face. In order to determine the value of the property for tax and settlement purposes, a BPO (Broker Price Opinion) may be helpful. The value of the property can be used to calculate estate taxes, for selling purposes and for settlement purposes, so an accurate valuation is essential. Purchasing a BPO can help ensure that the value of a property is accurately determined and that the estate is properly managed. 
 

Legal arguments

A BPO can be supporting documentation in legal situations when contesting the value of a property. The Moore Marsden Experts see these situations play out time and time again between business partners or couples experiencing a divorce. In these cases, a BPO can be used as evidence to support a party's claim of the property's value. A BPO can also be useful when a party wants to challenge the valuation of a property made by a tax assessor or other government agency.

 
Investment Property and ADUs 

BPOs can be useful for a variety of purposes, including determining the fair market value of investment properties or accessory dwelling units (ADUs). When an individual is considering purchasing an investment property, they may want to obtain a BPO to ensure that they are paying a fair price for the property. A BPO can also be helpful when refinancing or selling an investment property or ADU, as it can provide an estimate of the current market value.

Commercial Property 

For commercial properties, a BPO may be necessary for several reasons. First, when a commercial property owner is looking to sell or lease their property, they may want to obtain a BPO to determine the current market value of the property. This information can be used to set an appropriate asking price or lease rate. Second, if a commercial property is involved in legal proceedings such as a Family Law or Estate issue, a BPO can be used to help determine the property's fair market value. This can be particularly useful if there are disagreements between parties regarding the property's value. Finally, commercial lenders may use BPOs to assess the value of a property when considering whether to grant a loan or refinance an existing loan. By obtaining a BPO, lenders can assess the property's current market value and make more informed decisions about lending. Acquiring a BPO for a commercial property can provide important information about the property's value and income, which can be useful for selling or leasing, legal proceedings, and lending decisions. 

 
Rural Property 

When it comes to rural properties, there are unique factors that can affect their value. For instance, rural properties may have different zoning requirements and use restrictions, which can affect the marketability of the property. Additionally, rural properties may have unique features such as ponds, streams, and agricultural land, which can impact the value of the property. Some extremely rural properties don’t even have utilities or a properly paved road nearby. A BPO for a rural property can be tremendously helpful in making informed decisions regarding the property and ensure that you are getting a fair price, whether you are buying or selling.

Choose the Moore Marsden Experts for a speedy and competitively priced Broker Price Opinion for any of your BPO needs! Don’t hesitate to contact us today at info@mooremarsdenexperts.com or by calling (909) 351-1001 for a quote for your specific property valuation.