Mark & Kristin Stampini

  • Mark & Kristin Stampini

  • Short Sale & Foreclosure Experts
    *Distressed Properties*

  • Contact Info - Tel: 561-843-1734 / Fax: 561-912-0434 / Dir: 561-929-4846 / email me

•

Mark & Kristin Stampini
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  The BPO 
_LOCATION
_RURAL
_SUBURBAN
_URBAN
_SIZE
_# OF BEDS AND BATHS
_SQ FT. UNDER AIR
_CONDITION
_EXCELLENT = TURN KEY
_GOOD/AVG = MINOR COSMETICS
_FAIR = BEAT UP/STANDARD
_POOR = TEAR DOWN
_THE STREET
_RESIDENTIAL
_HOW MANY “FOR SALE” SIGNS
_PRIDE OF OWNERSHIP /BOARDED HOMES
_CONFORMITY
_ ARE ALL THE HOMES THE SAME?
_INDUSTRIAL
_IS THE BLOCK MIXED USE
_ ARE THERE WAREHOUSES OR INDUSTRY?
_THE NEIGHBORHOOD
_HOA /CONDO
_FINANCING ABILITY & DELINQUENCY RATE
_AMENITIES
_GOLF/TENNIS/POOL
_LOCATION
_DISTANCE TO MAJOR ROADS
_SCHOOLS & RATINGS
_CRIME – HIGH RISK – LOW RISK AREA
_THE MARKET
_DECLINING/INCREASING
_AVG % PER MTH
_ABSORBTION RATE
_HOW MANY MTHS OF INVENTORY
_TAX RATES
_INSURANCE
_FLOOD AREA
_EMPLOYMENT
_LOCAL UNEMPLOYMENT RATE
_MAJOR AREA EMPLOYERS 

The Comps 

_PROXIMITY
_WITHIN 1-2 MILES OF SUBJECT
_ MAJOR STREET vs. SIDE ST
_FLOOR HEIGHT IN CONDO
_CONDITION
_USE SIMILAR WHEN POSSIBLE
_SIZE
_COMPS MUST BE A MAX OF 10% OF THE SUBJECT
_CHECK TAX / MLS / FLOOR PLAN
_LOT SIZE – ACRE TO ACRE WHEN POSSIBLE 

PHOTOGRAPHS 

_SUBJECT
_FRONT
_SIDE/REAR
_ADDRESS
_STREET SCENE
_EXTERNAL CONCERNS
_EVERY ROOM AND HALL
_ALL REPAIRS NEEDED
_ANYTHING MISSING
_ARIAL VIEW
_COMPS
_FRONT/SIDE VIEW
_USE OF ORIGINAL vs. MLS 

THE STATISTICS WE USE 

_MLX–STATS PAC
_TRENDGRAPHIX/BROKER METRICS
_REALTY TRAC
_I MAP
_SCHOOL REPORTS
_E NEIGHBORHOODS
_CYBER HOMES 

GENERAL ADJUSTMENTS 

_MADE TO COMPS ONLY
_SUPERIOR SUBTRACT
_INFERIOR ADD
_TIME ADJUSTMENTS
_% PER MTH IN DECLING MKT
_1-2% PER MTH CURRENTLY (VERY LOCAL)
 
 
TYPICAL ADJUSTMENTS
 
_BEDROOM 10,000
_BATHROOM 7,500
_½ BATH 3,000
_LOFT 3,000
_GARAGE 7,000-10,000
_PATIO/ BALCONY 5,000
_LAKE 10,000-25,000
_POOL 10,000-25,000
_FLOOR IN CONDO 2,000-5,000 

PER REPAIRS 

_PROVIIDE LIST OF REPAIRS
_ESTIMATE COST OF REPAIRS
_SET VALUES
_AS IS vs. REPAIRED VALUE
_RECOMMEND MKG STRATEGY
_LIST TO SALES PRICE TARGET WITHIN 5% OF BPO VALUE 
Mark & Kristin Stampini
  • Keller Williams
  • 2424 North Federal Highway Suite 318
  • Boca Raton, FL 33431
  • Tel:  561-843-1734
  • Fax: 561-912-0434
  • Dir:  561-929-4846
Map to Office
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