What is a Broker Price Opinion Home Appraisal?

Broker price opinion reports are also required when homeowners apply for home equity loans or lines of credit

. HELOC loans provide borrowers with a line of credit using their home equity as collateral. Mortgagors can borrow against home equity to obtain funds for major expenses such as college education, home improvements, or debt consolidation.

What is a Broker Price Opinion Home Appraisal?

By: Simon Volkov

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