What is PVO?

[CSP 49]

I received an order for a client that I have not done work for in several years. The instructions say PVO required. What is PVO? The only acronym I could find that is even sounds close to real estate appraisal terminology is Present Value Objective. Any info is appreciated.

 

[Richard Carlsen]

Acronym Definition:

PVO Pioneer Venus Orbiter
PVO Private Voluntary Organization
PVO Percentage Volume Oscillator (stock trading)
PVO Provincial Veterinary Officer
PVO Provisional Variation Order
PVO Present Value Objective
PVO Portfolio Vehicle Outline (automotive)
PVO poly-vinyl octanal acetal
PVO Performance Vehicle Operations


Either take your pick or ask the client to define/clarify the assignment.

 

[Mike Kennedy]

could be an order form used for both Real Estate Agents or Appraisers.

price value opinion.

 

[Riick]

Present Value Opinion

 

[Karl]

Ask the client.

 

[Tom Woolford]

Preset Value Opinion

 

[Ken B]

Predetermined Value Only

 

[CSP 49]

Predetermined Value Only

I still don't know what the acronym means. However, the lender said it relates to a form that was used internally when they had staff appraisers.

 

[George Hatch]

If there were appraisers involved then the "V" probably stands for "Value" and the "O" probably stands for "Opinion?.

It seems to me that "A" is a much shorter and more accurate acronym than "PVO".

 

[Elliott]

They are probably just asking for a comp check....they expect you to
tell them the value before you waste any of the borrowers money.