Asset Valuation FHA 2055s

[ucbruin]

Now that was funny. I do wonder if it could be considered a retrospective hybrid in a sense because we’re relying on an interior “observation” which is several years old in most cases. Maybe'll I'll pose that question to my AMC team leader on my next assignment, she has an answer for everything.

It's funny....
Because it's true....

 

[sputnam]

Every appraisal is an asset valuation. 'Asset valuation' is what non appraisers at AMCs say when they don't know (or understand) the Intended Use.

 

[Alsie35]

Every appraisal is an asset valuation. 'Asset valuation' is what non appraisers at AMCs say when they don't know (or understand) the Intended Use.

Its a neutral "catchall" term the lenders use when they don't want the word "default" to appear on the appraisal. "Loan servicing" is another euphemism with the same purpose.