More On Free Comp Checks

[Mister Ed]

if you believe this value is doable, press the * key on your touch tone phone...

if you believe this value is not doable, press the # key on your touch tone phone...

Here at Loans-R-Us, we don't want apprazurs performing apprazuls until we know if they can make the deal work. No numbers expressed.

 

[Stone]

Apprazur,

Holy cow! You really need to call your state appraisal board. Dude!!! An expression of "Less Than," "Greater Than," "Not Equal To," "Less Than or Equal To," Etc. Etc. and Etc., relative to any benchmark ARE NUMERICAL EXPRESSIONS!!!!!!!

Have you forgotten all your grade school math classes already? P.E.'s last post to you was correct. You are wrong. A client proposing any benchmark number and any appraiser even orally saying "that is doable" or "that is not doable" is a real estate appraisal !!!!! You just said "equal to or greater than" in the first case and "less than" in the second. .. Sheesh! Call the Washington board and ask them before you spend more time posting otherwise.

He isn't interested in any of that. However, hopefully anyone who thinks he makes sense will do so themselves instead of skipping into of apprazul land.

 

[PropertyEconomics]

if you believe this value is doable, press the * key on your touch tone phone...

if you believe this value is not doable, press the # key on your touch tone phone...

Here at Loans-R-Us, we don't want apprazurs performing apprazuls until we know if they can make the deal work. No numbers expressed.

 

[Mister Ed]

PE,

I thought you would like that.

It is time for my nap

-ed-

 

[fifteen]

Webbed, no - a numerical expression is a numerical expression. The beginning of the definition is numerical value expressed. Words can be used that are not numerical expressions and without a numerical expression there is no appraisal. More or less than is not an appraisal as it doesn't relay a value or range of value. If you said the value is 10% over the benchmark then you're relating a numerical value - 10% over. If it's just you and the LO that are talking then there's no proof of what you said being an appraisal. Proof needs to be written in a numerical expression or said with witnesses around. A benchmark also is stated by the LO and not the appraiser - therefore any non-numerical reply, such as greater to or less than or "that's doable" has to be accompanied by a numerical expression of a value or a range of value by the appraiser to qualify as an appraisal.

Re-read this. : Numerically expressed as : a relationship (e.g., not more than, not less than-signifies an actual number or range of value) to a previous value opinionor numerical benchmark (e.g., assessed value, collateral value).

There MUST be a numerical expression of value by the appraiser for there to be an appraisal.

Offshore : as far as my typing errors, you try answering 7 or 8 posts directed at you, in one post, without error.



A numerical value HAS to be expressed, per the USPAP definition. There's no ifs, ands or buts about it.

Apprazur,

Holy cow! You really need to call your state appraisal board. Dude!!! An expression of "Less Than," "Greater Than," "Not Equal To," "Less Than or Equal To," Etc. Etc. and Etc., relative to any benchmark ARE NUMERICAL EXPRESSIONS!!!!!!!

Have you forgotten all your grade school math classes already? P.E.'s last post to you was correct. You are wrong. A client proposing any benchmark number and any appraiser even orally saying "that is doable" or "that is not doable" is a real estate appraisal !!!!! You just said "equal to or greater than" in the first case and "less than" in the second. .. Sheesh! Call the Washington board and ask them before you spend more time posting otherwise.

 

[PropertyEconomics]

Webbed, no - a numerical expression is a numerical expression. The beginning of the definition is numerical value expressed. Words are not numerical expressions so without a numerical expression there is no appraisal. If you said the value is 10% over the benchmark then you're relating a numerical value - 10% over. If it's just you and the LO that are talking then there's no proof of what you said being an appraisal. Proof needs to be written in a numerical expression. A benchmark also is stated by the LO and not the appraiser - therefore any non-numerical reply, such as greater to or less than has to be accompanied by a numerical expression of a value or a range of value to qualify as an appraisal.

Re-read this. : Numerically expressed as : a relationship (e.g., not more than, not less than-signifies an actual number or range of value) to a previous value opinionor numerical benchmark (e.g., assessed value, collateral value).

There MUST be a numerical expression of value by the appraiser for there to be an appraisal.

Offshore : as far as my typing errors, you try answering 7 or 8 posts directed at you, in one post, without error.



A numerical value HAS to be expressed, per the USPAP definition. There's no ifs, ands or buts about it.

ex⋅press  /ɪkˈsprɛs/ Show Spelled Pronunciation [ik-spres] Show IPA
–verb (used with object)

1.to put (thought) into words; utter or state: to express an idea clearly.

2.to show, manifest, or reveal: to express one's anger.

3.to set forth the opinions, feelings, etc., of (oneself), as in speaking, writing, or painting: He can express himself eloquently



Now kindly show me here were expressed only means WRITTEN.

Example: The minimum we can get by with is $190,000 .... APPRAZUR ANSWER - Thats Doable .... An idea expressed clearly to the client that $190,000 is doable .... value has been expressed ....

Now back to that part where USPAP says it has to be written .... Im waiting.

 

[Michigan CG]

"$190,000 is doable." That is a number, and a guarantee. Appraisal per USPAP.

 

[PropertyEconomics]

"$190,000 is doable." That is a number, and a guarantee. Appraisal per USPAP.

Damn, Evans is using BIG WORDS ......

 

[Ken B]

Mikey would be proud.

 

[Mister Ed]

A lender asks you, "Will 123 Main St appraise for at least $50,000?" If you answer the question with either yes, or no, you have EXPRESSED an opinion toward that value and communicated an opinion toward that benchmark as set by the lender. You have communicated a value. It is not written, it is not even verbally numerically expressed. However, you have IMPLIED a numerical expression of more than or less than the benchmark. Therefore, you have performed an appraisal (either USPAP compliant or not)

If any appraiser cannot accept that understanding, then he/she does not need to try to set up an appraisal business in the state of Georgia because that is how the GREAB views it.