Exterior and interior BPOs for servicers, banks, credit unions, asset managers and note funds — completed by Zack DeCaro, a licensed broker in Connecticut and Massachusetts, with 1,500+ valuations behind him.
Curbside condition assessment, occupancy indicators, street and neighborhood photos, and a comparable-sales analysis for assets where interior access is not available.
Full walkthrough with room-by-room photo documentation, deferred-maintenance notes, repair observations and both as-is and repaired value opinions.
Price reviews on assets already under management, typically every 30 to 45 days, with marketing feedback and a recommended list-price adjustment.
Occupancy determination, exterior and interior condition rating, photo documentation, and any code, lien or municipal issues observed at the property.
Closed sales and active or pending listings with adjustments, days-on-market context and absorption for the immediate submarket — not a county-wide average.
As-is value, repaired value where applicable, a suggested list price, a 30-day quick-sale figure, and a written narrative explaining how the numbers were reached.
| Situation | Typical Report | What It Supports |
|---|---|---|
| New REO assignment | Interior BPO | List-price approval and disposition strategy |
| Pre-foreclosure review | Exterior BPO | Loss-mitigation and reserve decisions |
| Short sale | Interior or exterior BPO | Offer evaluation against current market value |
| Non-performing loan diligence | Exterior BPO plus condition report | Collateral pricing before a note purchase |
| Portfolio or reserve review | Updated valuation | Carrying-value and reserve adjustments |
| Asset already listed | Recurring price review | Price-reduction and marketing decisions |
Connecticut and Massachusetts statewide as a licensed broker, Rhode Island statewide, Westchester and Rockland Counties in New York, and Florida through Dalton Wade Real Estate Group. Approved REO vendor on national GSE, bank and servicer panels.
A licensed broker's written opinion of a property's likely selling price, supported by photos, a condition assessment and comparable sales. Servicers and asset managers use them to price REO, review collateral and evaluate short sales.
An appraisal is prepared by a licensed appraiser under USPAP, generally for lending decisions. A BPO is prepared by a licensed broker and reflects current market conditions. It is faster and less expensive, and is not a substitute for an appraisal.
On assigned files, occupancy and condition are reported within 24 hours and the BPO is completed within 48 hours.
Yes. Multi-property orders and recurring portfolio reviews are handled through the platforms above or by direct assignment.
Zack DeCaro, Broker
Phone / Text: 860-209-3000
Email: [email protected]
Property Works New England
Office: 860-414-4023
2264 Silas Deane Hwy, Rocky Hill, CT 06067
Include your company, the report type (exterior BPO, interior BPO or updated valuation), the property addresses and your due date. Existing platform clients can assign through Res.Net, Equator, Pyramid, Exceleras, AssetVal or Vendorly.
A broker price opinion is not an appraisal and is not prepared under USPAP. Zack DeCaro, Broker Associate, Property Works New England (brokerage REB.0758662). Florida services through Dalton Wade Real Estate Group. Equal Housing Opportunity.