collateral worth - Appraisers Blogs https://appraisersblogs.com/tag/collateral-worth/ Appraisal News and Tips for Real Estate Appraisers Sun, 28 Jul 2024 05:08:59 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 collateral worth - Appraisers Blogs https://appraisersblogs.com/tag/collateral-worth/ 32 32 52046035 Is That an Appraisal? USPAP Definition https://appraisersblogs.com/appraisal/why-isnt-that-an-appraisal/ https://appraisersblogs.com/appraisal/why-isnt-that-an-appraisal/#respond Mon, 17 Sep 2012 12:30:12 +0000 http://appraisersblogs.com/?p=3376 Why Isn’t that an Appraisal? APPRAISAL: (noun) the act or process of developing an opinion of value; an opinion of value. (adjective) of or pertaining to appraising and related functions such as appraisal practice or appraisal services. Comment: An appraisal must be numerically expressed as a specific amount, as a range of numbers, or as a relationship (e.g., not more than, not less than) to a previous value opinion or numerical benchmark (e.g., assessed value, collateral value). In general terms the USPAP definition is elegant in its simplicity. We all understand what it is that appraisers provide. You provide opinions...

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