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REO Boom: How to Manage, List, and Cash in on Bank-Owned Properties: An Insiders' Guide for Real Estate Agents by Tim Shah, Aram Shah

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[APPENDIX P]

Sample OCR Report

OCR REPORT DUE WITHIN 24 HRS OF NEW BPO ORDER. PICTURE OF OCCUPANCY OPTIONS LETTER ATTACHED TO DOOR MUST BE INCLUDED IN PDF OR JPEG FORMAT ONLY.

REO#: _____________________________________
PROPERTY ADDRESS: _____________________________________
DATE OF INSPECTION: _____________________________________
Occupant Info Questions Occupant Info Answers

1. Property Type (single family, condo, townhouse, villa, duplex, triplex, quadplex, manufactured housing)?

2. Number of Units (i.e. residential=1 unit, duplex=2 units, triplex=3 units, etc.)

3. Number of illegal units (e.g. efficiencies)

4. What is Occupant Status (owner, tenant, unknown occupied, vacant)?

5. If Occupied, all occupant Names (husband, ...

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