RESIDENTIAL BROKER PRICE OPINION. NHS Broker Price Option Form 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the Loan # and REO # at the top of the form. This information is crucial for identification purposes.
3. Fill in the PROPERTY ADDRESS and select whether this is an Initial, 2nd Opinion, or Updated BPO. Specify if it's an Exterior Only assessment.
4. In the GENERAL MARKET CONDITIONS section, assess current market conditions and employment status by selecting appropriate options. Provide percentage changes in market price over recent months.
5. For SUBJECT MARKETABILITY, indicate the range of values and marketing time. Answer questions regarding financing availability and previous market activity.
6. In COMPETITIVE CLOSED SALES, list comparable properties with their details such as sale price, proximity, and adjustments needed for accurate valuation.
7. Complete the MARKETING STRATEGY section by indicating occupancy status and identifying potential buyers.
8. Itemize necessary repairs in the REPAIRS section to enhance property value before listing.
9. Finally, summarize your findings in THE MARKET VALUE section and provide any additional comments or concerns before signing off on the document.

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