Say, what is a "Limited Appraisal" again, anyway.

[xmtpedprl]

Funny stuff.

You can find this on apprasiersoflasvegas.com, so if you want to know who it is take a trip over yonder:

Better than a COMP CHECK, PRELIMINARY VALUE or a BALLPARK or a VALUERANGE CHECK?

Get a Limited Appraisal for just $59.95!

DON’T ROLL THE DICE WITH YOUR LAS VEGAS LOANS

Order a fully USPAP compliant desktop appraisal from us at a cost that is less than BPO’s, AVM’s and AAVM’s. Our limited appraisal is much more reliable, performed and signed by Licensed and Certified Residential Appraisers. Only $59.95!


Obviously life is *very* tough right now for appraisers in the gambling state.

Dave...

 

[Bearslide]

And a real "all star" client roster to boot............

 

[panappr]

Now I've gotta come up with a slogan for Los Angeles.....

Don't Start.

 

[RSW]

How about: What happens in Vegas, Stays In Vegas!

 

[Don Clark]

There is no such thing as a limited appraisal. That went away on July 1, 2006 along with departure. Someone should advise these yahoo's to read USPAP.

There is only, as of today, an APPRAISAL, the contents of which, and the complications of which are determined by the Scope of Work. There are still 3 types of reports:

Self Contained
Summary
Restricted use.

 

[Fred]

There is no such thing as a limited appraisal. That went away on July 1, 2006 along with departure. Someone should advise these yahoo's to read USPAP.

What went away was formal recognition of the term limited appraisal and assigning a specifc, recognized definition to it. Appraisers are now free to use the term limited appraisal without contradicting anything in USPAP.

Perhaps more importantly, through the First Scope Concept Paper and the Foreword of the 2006 USPAP, the ASB indicated that the term limited appraisal as established by USPAP didn't make sense and was potentially misleading. Dropping limited appraisal as a (mis)defined term enabled appraisers to use it in ways that are more meaningful in the marketplace.

 

[Terrel L. Shields]

There is no such thing as a limited appraisal.

When I first started you had Form Reports, Full Reports, and Limited Reports. That was the terminology that my first mentor used, although I don't know it was any formal definition.

 

[Marcia Langley]

Terrel,

You are just having a moment. The term "limited" (and the term "complete") used to be defined in relation to the term "departure".

Steven is right, no one is prohibited from using that term in its common English meaning.

As long as those desk top appraisals are USPAP compliant, I don't see any thing wrong with the offering. The presentation is very unprofessional but, hey, it's probably a true reflection of the author.

I hope the SOW is more carefully professional than the ad.

 

[Fred]

Terrel,
You are just having a moment.

Does that include mixing limited appraisal with limited report?

Steven is right, no one is prohibited from using that term in its common English meaning.

Thank you, Marica. It is always heartwarming to know that someone "gets" it, whether they agree or disagree.

BTW, I don't see anything wrong with the ad. He is saying his fast-and-cheap is more reliable than the competitions' fast-and-cheap.

 

[Metamorphic]

Now I've gotta come up with a slogan for Los Angeles.....

Don't Start.

Cant get any love from your usual appraisers?

Our limited appraisals will remind you of Brittany Speers getting out of a sports car in a short skirt.....all for $49.99!!!