What is PVO?

[friendbrook]

fancy way of asking for a comp check.. throw it in the trash!

 

[Cob]

Preliminary Value Only......In other words a comp check???

 

[Mike Boyd]

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.

I agree with Elliott. Have them email the form to you so you can send it on to Pam.

 

[Mike Kennedy]

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.[/quote]

"go back and redo the numbers and make them hit !! we NEED VOLUME!!":new_smile-l:

 

[lizhorvath]

How about Pi$$ Vendor Off?
They're just seeing what it takes to get to you... ?

Sorry - I have nothing worthwhile to add, other than I agree you should contact them and ask what their new verbage means.

 

[CSP 49]

Like I said earlier it was an in house form utilized by former staff appraisers of theirs. It has no bearing whatsoever on the order sent to me. Its a disregard this instruction that should not have been in the order.