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Our origins with Experian date back to the beginning of Credit Reporting automation. SIR has been serving Western New England for Experian since then and expanded its sales relationship into upstate NY in 2003. Read More

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Broker Price Opinion Reports (BPO)

SIR offers a host of BPO Report options which can be purchased for a variety of reasons to include: Origination Valuations, Servicing, Loan Sale Due Diligence, Loss Mitigation or REO Management. Broker Price Opinion Reports are prepared by local real estate professionals and are a reliable accurate opinion of a property value and what that property would actually sell for in it's current market.

 

SIR Features 4 Valuation Report Options and One Condition Report:

  • Level 1 Alternative Valuation Exterior (AVE) - This report combines information from a drive by exterior examination, external data sources, previous sale
    data, property assessment data and recent comparable sales. This Condensed Property Evaluation uses (1) one comparable sale. This is an exterior
    only, it does not include inspection of the interior or photographs.
  • Level 2 Alternative Valuation Exterior 3 (AVE3) - This report combines information from a drive by exterior examination, external data sources, previous sale
    data, property assessment data and recent comparable sales data. This condensed Property Evaluation utillizes (3) comparable sales. This is an
    exterior only, it does not include inspection of the interior or photographs.
  • Level 3 Broker Price Opinion (Exterior) - This report combines information from a drive by exterior examination, external data sources, previous sale data,
    property assessment data, recent comparable sales (3) and current neighborhood listings as well as photographs of the subject property. This isan exterior only, it does not include inspection of the interior.
  • Level 4 Broker Price Opinion (Interior) - This report includes an interior and exterior inspection of the property. It combines information also from external sources, previous sale data, property assessment and recent comparable sales. (3) It may also reference other relevant market data. Photgraphs are
    optional.
  • Photo and Condition Report - This report includes a photograph of the property and a six question report to ensure the property is in typical condition for the neighborhood and utilizes exterior visual inspection to identify if property is for sale.

 
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