Broker Price Opinions (BPO):

Broker Price Opinions offered by BPO Management companies or brokers is the estimated value of a property as determined by a real estate broker or other qualified individual or firm. A broker price opinion is based on the characteristics of the property being considered. Some of the factors that a broker will consider when pricing a property include: the value of similar surrounding properties, sales trends in the neighborhood, an estimate of any of the costs associated with getting the property ready for sale and/or the cost of any needed repairs. It is important to note that a BPO is not the same as an appraisal.

Real Estate Professionals, if you are not learning how to do Broker Price Opinions you are losing out! You could be earning a solid and reliable income working part time from home. You could also be receiving money in between Real Estate Sales by doing Mini-Like Appraisals called BPOs. Think of the Listings You Can Get From The Bank’s Repossessed Foreclosures. Once You Build Rapport with the Banks, Who Do You Think They Will Potentially Ask to Help Sell Their Foreclosed Homes.

Start by downloading the BPO Bank List
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• The Best List of 112 REO/BPO Companies
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• Includes Company Classification
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Who Might Call You for a Broker Price Opinion (BPO) and Why

A BPO, or Broker Price Opinion, is a tool used by mortgage lenders, banks and others to value a property in the current market. The reasons and timing for using a real estate broker for a BPO might include:

? The cost of an appraisal is to be avoided.

? Delinquent payments and pending foreclosue.

? In a refinance situation.

When refinancing for lower rates or other reasons is a booming market, lenders are doing a great many of these loans. In many cases, the home has a recent mortgage where a full appraisal was performed. To lower costs, the lender may decide to hire a real estate broker to do a BPO, or broker price opinion. In cases where a lender is considering foreclosure, or even if they are working with the borrower to come up with help with their situation, the lender will order a BPO. This allows them to get a reliable estimate of the current value of the property, compare it to the mortgage balance, and recommend solutions.

Tax Lien Property Sales:

What is a Tax Lien? How do you find tax lien property sales information? These are questions many real estate investors are asking in today’s economy. A recent study concludes that foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. Last year, 1,259,118 U.S. properties entered some stage of foreclosure, up from 850,000 properties in 2005 (Source: RealtyTrac research).

Mortgage payments aren’t the only bills falling behind; Notice of tax liens are at an all time high. Real estate taxes are just not getting paid, since most mortgage bills also include payment for real estate property taxes. In conclusion, as foreclosures numbers increase so will the number of delinquent real estate property taxes.

Unpaid property taxes create a serious cash flow problem for local governments. If local governments are unable to collect real estate property taxes, they are also unable to provide important government services like police protection, public schooling and medical services.

To solve this problem, local governments allow investors to pay off these taxes. In exchange, investors receive the government’s lien for property taxes.

Why would investors do this?

Depending on state laws and competition, investors can realize returns as high as;

• 16% per year in the state of Arizona (Sec. 42-18053),
  
• 18% per year in the state of Florida (Sec. 197.172 (2)),
  
• 20% per year in the state of Georgia (Sec 48-4-42) and
  
• 50% per year in the state of Texas (Sec. 34.21 e 2).
  

Everyone is happy, the county gets their money; the delinquent home owner gets more time to pay their already past-due property taxes and the investor gets a real estate secured, high yielding investment.

Where do you find notice of tax liens or tax lien listings? Well there are number of sources to go to but the best one which I have found to be accurate and informative is “Creating Wealth without Risk”
this downloadable book covers everything about tax liens and how to find and invest in tax lien listings. I personally have it a will recommend it to anyone serious about investing in tax lien properties.

Real Estate Network marketing can be accomplished successfully by a video on your website. I’m sure that many of you have heard by now that using video as a marketing tool for your real estate business on the Web is a great move to make for a number of compelling reasons. I’m also pretty sure that there are a good number of you out there looking to find a way to quantify the costs (ROI) of getting into real estate video within your current budgets. For this reason, I’m going to propose a ‘method of entry’ which should hopefully pique your interest a bit in light of your current needs - creating and distributing an ‘Easy Web Video‘across the Web.

Placing videos on your site are a great way to show off your properties or specific expertise and business identity to an amazingly large potential audience through the vast marketing channels that Web video has opened up. As I’m sure you know by now, as a real estate seller or investor your primary point of intersection with your potential clients lies in the value you offer to them, and your ability to make them aware of this value efficiently. By showing your future clients who you are, what you have to offer, and why they should feel confident in your ability to serve them well, you’re delivering them the very essence of your ‘personal value’ in every regard. With an Profile or Property Video, you’re able efficiently push this information out to an incredibly large audience in a seriously engaging and appealing manner. Have you ever had an amazing first conversation with a potential client in person - one which you wish you could have with everyone, one that really got across the unique value proposition you offer and fully-delivered your personality the way you wanted? If so, conceptualize the idea of capturing yourself in this state and broadcasting it loud and clear all over the Web. Sound like it may be extraordinarily valuable to your business at this point in time? Good. It will be!

Making your videos has never been easier or cheaper. Just go to Easy Web Video and start learning step by step how to make and convert your videos to place on any website. Not only will this help you to immediately leverage the incredible distribution potential which online video has opened up, but it may very well help you to effectively market your terrain and capture an audience when you could really benefit from one, like during this very crucial time in the real estate market. The question is asked often enough - who will survive and who will thrive? In answer to that, we here suspect that this decision may very well be exclusively up to you!