Estimated Property Value – Net Present Value
Estimated Property Value / Net Present Value
Some distressed homeowners feel comfortable with their debt-to-income level are are mainly concerned with the EPV-NPV value calculated by their bank and want to see those calculations before purchasing the complete REST Report. The REST EPV-NPV is the ideal place to start. The REST EPV-NPV features the same impeccable calculations and research as the full REST that that same distressed homeowner would submit to their mortgage servicer to guarantee good faith negotiations for a beneficial loan modification or short sale.
I caution you again to not be mislead by the free NPV calculators available out there. If you read the disclaimers on the sites, you’ll see that they are little more than parlor games. After 4000 submissions, the REST Report has ne3ver failed to get a beneficial mortgage modification or short sale, either in or out of court.
The REST Report Estimated Property Value (EPV) is a key component when determining the current and future Net Present Values of any Loan Modification, Property Foreclosure, Short Sale etc. Valuations obtained from Servicers, Broker Price Opinions (BPOs) and Automated Valuation Models (AVM) vary greatly. Using only one valuation source can lead to a skewed, or erroneous, evaluation. The REST EPV/NPV Break-Even Analysis samples valuation estimates from multiple sources and determines the Property Value at which the NPV of a Loan Modification compared to Foreclosure would swing from Positive to Negative.
The following industry-leading Automated Valuation Providers and Models are used as sources for this Report. Certain models were selected for this specific analysis based on their performance metrics for the subject property’s geographic location. (The performance metrics were provided by an independent firm, National Real Estate Information Services.)
The REST EPV-NPV report runs various Estimated Property Values against its decisioning models to determine the NPV BREAK-EVEN point. The exact point at which the NPV of the loan modification-to-foreclosure swings from Positive to Negative.
The REST system automatically pulls Estimated Property Values from a menu of some of the top property valuation vendors as part of the standard service, but you can also substitute your own BPO, or Broker Price Opinion, full appraisal, or provide an estimated value to be included in the report. This is a VERY POWERFUL tool that you can use when making your case, whether to a servicer, mediator or judge.
Estimated Property Value is a key factor that the financial institutions use when calculating the Net Present Value of the loan going into a loan modification, being foreclosed upon, or turning into a short sale. But how many different property evaluations do they use? Where do they come from? How do you know you’ve submitted your proposal with the right Estimated Property Value? What if you have an Appraised Value, a Broker Price Opinion (BPO) and an Automated Valuation (AVM) – all with different values? Which one should you use?
The exact point at which the NPV of the loan modification-to-foreclosure swings from Positive to Negative is THE CRITICAL FACTOR to the servicer’s evaluation – but NO ONE provides you with this detailed information, except the REST software. Many REST users are finding the information to be invaluable and critical.
The Estimated Property Value (EPV) is a very key component when determining the current and future NPVs of any Loan Modification, Property Foreclosure, Short Sale etc. Valuations obtained from Servicers, Broker Price Opinions (BPOs) and Automated Valuation Models (AVM) vary greatly. Using only one valuation source can lead to a skewed, or erroneous, evaluation. This EPV/NPV Break-Even Analysis samples valuation estimates from multiple sources and determines the Property Value at which the NPV of a Loan Modification compared to Foreclosure would swing from Positive to Negative.
Certain models were selected for this specific analysis based on their performance metrics for the subject property’s geographic location. (The performance metrics were provided by an independent firm, National Real Estate Information Services.)
I’d be happy to send you a sample REST EPV-NPV Report. Please complete and submit the form below and I’ll get it to you pronto.
How may I help?
Powered by Fast Secure Contact Form
tags: estimated property value, net present value, calculate hamp net present value, calculate net present value, do it yourself loan modification, loan modification software, mortgage modification software,
