Since 1991, Barry has performed well over 500 local BPO’s (Broker Price Opinions), or BOV’s, (Brokers Opinion of Value) for several national and local Mortgage Lenders and/or Investors to help those entities establish the value of a property that may be in foreclosure, default or ready to go to sale from a trustees action.

Since 1991, Barry has listed and sold over 100 of the properties he has performed the BPO’s on with a 99% success ratio on listings sold. Most of the sales were for values at or slightly in excess of the value established by the BPO. This is a result of the lack of actual interior access to the property being valued at the time of the ordering of the BPO.

During the heyday of foreclosures and sale of non-performing assets by the Resolution Trust Corporation (RTC) in the early to mid 1990’s, Barry actually created a separate business called, the "Foreclosure Resource Center" to handle the large volume of requests for BPO’s on a nationwide basis from investors and investment companies interested in bidding on pools of these non-performing assets at national RTC and FDIC auctions and/or sales events. The RTC was the governmental entity/agency created to handle the disposition of the glut of non-performing loans on the books of failing and/or failed Savings and Loans. Barry had established himself nationally as an expert in BPO’s and BOV’s and these national concerns had commissioned Barry and the Foreclosure Resource Center to coordinate requests of up to 6,000 BPO’s per month.

With that kind of background, Barry is surely qualified and able to handle any request you may have on a local basis for a BPO or BOV. Why not give him a call or e-mail your request today. His fee for this service ranges between $75 to $450 depending on the form and requirements for photos and/or inspections or special reports. This fee, of course, is credited towards commissions earned once the property is sold through Barry and CENTURY 21^® Alliance & Investment Group. How could it be any other way?

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