The story of asset disposition is comparable: during the period when the RTC had no funding it nonetheless reduced its asset inventory by more than $50 billion, and at year-end 1994 it held just $25 billion in assets.

I would use the broker (or me ;-) and get another quote to compare, Make sure you get a GFE and you are comparing the same product (fixed term, pre-pay penalty, amort. term. etc.)

A Broker Price Opinion is essentially the same thing as an appraisal or a realtor's CMA (comparative market analysis).It will just give you an opinion of value for a specific property at a specific time.Banks order Broker Price Opinions for several reasons, to include:-pre foreclosure-pre auction-asset protection

You'd think the fact that there are 32 comparable homes for sale in the same neighborhood would clue them in on the market and they would be more reasonable.

The taxes, insurance and utilities will be roughly $360/month.The comparables are good: we can raise the rents about $200/unit/month or $800/month, maybe more.

How much are you SAVING by purchasing out-of-the box compared to paying an assistant or designer?

This is an improvement compared to the prices we saw in April 2006 when these two markets were 90% and 62% overpriced.

If the 'value of your home' which is derived from comparable sales prices, drops by 30%, shouldn't your tax bill?

You can and you can't compare times.

Those of you who learned real estate in the last 10-15 years are out of your element, and should probably go get jobs.