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LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 6:57 PM
Steel Valley Football;459831 wrote:You are gay for trying to picture me at all. You wanna blow me too or what.

Aug 23, 2010 6:57pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 23, 2010 7:17 PM
LJ;459835 wrote:That's a really stupid assumption. I didn't back either of you because I thought it was a stupid debate. You can't debate the actual meaning of a term. It's like debating if beef comes from a chicken or a cow.

Yes you can. I presented the denotative definition and it proved his reasoning incorrect. There is not a connotative definition of market value.
Aug 23, 2010 7:17pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 23, 2010 7:33 PM
LJ;459838 wrote:cash

I presented the whole story. Or the time that 2 identical houses on 2 completely different lots. One house was on a normal subdivision lot while the other had a stream run through the back. This appraiser thought that plant ledges over the front door had some kind of extreme value. The house on the normal lot appraised for $210ish, the other house with no plant ledge appraised for $207ish. The house with the creek sold for $6k more than the house with the plant ledge.
Show me the data from matched pairs that proves the contributory value of those items and then we can discuss it. If you can't then it's a pointless conversation. One thing is certain though...appraisals are defensible in a court of law. Your opinion is not.
Aug 23, 2010 7:33pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 23, 2010 7:33 PM
LJ;459840 wrote:

Don't hate on downys just cuz that dude would kick your ass and his dong is longer than yours.
Aug 23, 2010 7:33pm
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 7:46 PM
Steel Valley Football;459860 wrote:Show me the data from matched pairs that proves the contributory value of those items and then we can discuss it. If you can't then it's a pointless conversation. One thing is certain though...appraisals are defensible in a court of law. Your opinion is not.

I'm not pulling the appraisals from houses sold in 2000. It's not that I can't, it's that i don't care to.

Also, the group who said that an appraisal is defensible in court, many of them are sharing the same opinion I have.
Aug 23, 2010 7:46pm
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 7:47 PM
Steel Valley Football;459861 wrote:Don't hate on downys just cuz that dude would kick your ass and his dong is longer than yours.

....witty
Aug 23, 2010 7:47pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 23, 2010 8:28 PM
LJ;459873 wrote:I'm not pulling the appraisals from houses sold in 2000. It's not that I can't, it's that i don't care to.

Also, the group who said that an appraisal is defensible in court, many of them are sharing the same opinion I have.

Well, you and they both better have some data or all of your opinions combined are meaningless. In court, anyway.
Aug 23, 2010 8:28pm
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 8:30 PM
Steel Valley Football;459921 wrote:Well, you and they both better have some data or all of your opinions combined are meaningless. In court, anyway.

FASAB makes the rules.
Aug 23, 2010 8:30pm
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Steel Valley Football

Senior Member

4,548 posts
Aug 23, 2010 10:37 PM
LJ;459925 wrote:FASAB makes the rules.
LOL. It's like you're a little pussy afraid to fight and FASAB is your tough older brother that your brag about instead of actually fighting. But, as much as this will burst your bubble - FASAB doesn't make the rules for appraisers.


When it comes down to it, I think you are mad because appraisers are mandated and licensed by the government. Whether right or wrong, their opinions are legal and binding and yours is meaningless, legally speaking. Maybe that's why you have to be so hardcore on an internet message board.
Aug 23, 2010 10:37pm
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 10:53 PM
Steel Valley Football;460074 wrote:LOL. It's like you're a little pussy afraid to fight and FASAB is your tough older brother that your brag about instead of actually fighting. But, as much as this will burst your bubble - FASAB doesn't make the rules for appraisers.


When it comes down to it, I think you are mad because appraisers are mandated and licensed by the government. Whether right or wrong, their opinions are legal and binding and yours is meaningless, legally speaking. Maybe that's why you have to be so hardcore on an internet message board.

Sigh. FASAB makes the rules for banks, the industry that keeps you employed. If they change the way that banks keep assets valued, your job will change, whether you like it or not. Appraisers are not market makers, they are merely a valuation tool that businesses use for reporting standards. Sorry you had to learn reality like this


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Aug 23, 2010 10:53pm
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 23, 2010 10:58 PM
In other words, if the reporting standards are changed, your current method of valuation wont mean shit, as the new method will be the "legally binding" number. FASAB makes the rules on reporting, not the appraisal board. You need to understand that. Appraisers are only following the legal standard, they do not dictate it, FASAB does. Hell, you even acknowledge that yourself with the "govt mandated" statement

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Aug 23, 2010 10:58pm
S

Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 8:57 AM
LJ;460094 wrote:Sigh. FASAB makes the rules for banks, the industry that keeps you employed. If they change the way that banks keep assets valued, your job will change, whether you like it or not. Appraisers are not market makers, they are merely a valuation tool that businesses use for reporting standards. Sorry you had to learn reality like this


Sent from my T-Mobile myTouch 3G

What does this have to do with what you know???

I told you that appraiser valuations are the accepted standard and legally binding and that your opinion of value of is meaningless. In turn, you tell me that the FASAB makes the rules??? LOL!

You did the same thing when Con and I were discussing market value. Instead of adding some insight, all you posted was that the FASAB makes the rules like that is supposed to make you seem smarter.

So, basically, you don't know shit other than that your “tough older brother” the FASAB is in charge and you have no insight of your own (i.e. you can't fight on your own).
Aug 24, 2010 8:57am
S

Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 8:59 AM
LJ;460104 wrote:In other words, if the reporting standards are changed, your current method of valuation wont mean shit, as the new method will be the "legally binding" number. FASAB makes the rules on reporting, not the appraisal board. You need to understand that. Appraisers are only following the legal standard, they do not dictate it, FASAB does. Hell, you even acknowledge that yourself with the "govt mandated" statement

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I've been appraising for almost 20 years and the rules change every year and will continue to change every year. Who the fuck cares who makes the rules? Appraisers will always be needed no matter you say. They can tell appraisers to throw darts at a board to get values for all I care, but appraisers will still be the legal standard for reporting market value - and your opinion will still be meaningless.

I'm more concerned about what you know. I remember you from JJs - you listed New Albany as your location and all you talked about was how your dad was in real estate, like that made you some kind of expert. From what I recall, you made some idiotic statements about real estate and still thought you were all smart. LOL. No wonder you changed your name.
Aug 24, 2010 8:59am
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 24, 2010 9:20 AM
Sigh. Everything I have said, you have ignored and just reply with "what appraisers say goes HA HA HA HA" . You fail to recognize that the current methods of valuation are under scrutiny. I'm not hiding behind anything, I am validating my views with information from the agency that governs accounting rules.

I guess those "idiotic statements" have kept me from making thousands upon thousands of dollars on real estate investments, oh wait..... how much have you made with your own investments, you know, doing something meaningingful?

As for the name change, this is the name I use on every other forum.

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Aug 24, 2010 9:20am
S

Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 9:35 AM
Blah blah blah FASAB, blah, blah, blah...my name is LJ. Blah blah, blah. My dad is blah blah blah. I'm a mod blah blah and I'm internet cool cuz I could do that, but I don't care to blah blah blah. FASAB Blah blah blah. Mayor Coleman blah blah blah. Who cares what I have to say blah blah I'm LJ blah blah blah.

Blah....
Aug 24, 2010 9:35am
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 24, 2010 9:53 AM
Steel Valley Football;460299 wrote:Blah blah blah FASAB, blah, blah, blah...my name is LJ. Blah blah, blah. My dad is blah blah blah. I'm a mod blah blah and I'm internet cool cuz I could do that, but I don't care to blah blah blah. FASAB Blah blah blah. Mayor Coleman blah blah blah. Who cares what I have to say blah blah I'm LJ blah blah blah.

Blah....

Thought so....


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Aug 24, 2010 9:53am
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Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 10:42 AM
LJ;460315 wrote:Thought so....


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You can post any lies you want here. All I see is blah blah blah. Blah blah blah I make lots of money. My name is LJ blah blah blah I still suck on my moms titty blah blah blah.
Aug 24, 2010 10:42am
LJ's avatar

LJ

Senior Member

16,351 posts
Aug 24, 2010 10:46 AM
Steel Valley Football;460356 wrote:You can post any lies you want here. All I see is blah blah blah. Blah blah blah I make lots of money. My name is LJ blah blah blah I still suck on my moms titty blah blah blah.

I lie about nothing. too bad I have completely made my own way in life, that just sucks now doesn't it

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Aug 24, 2010 10:46am
C

Con_Alma

Senior Member

12,198 posts
Aug 24, 2010 10:50 AM
LJ;460094 wrote:.... Appraisers are not market makers ...
I appreciate this comment.
Aug 24, 2010 10:50am
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Aug 24, 2010 11:01 AM
This is not the discussion I expected when I opened "FREE HUDDLE", however it is much appreciated. This thread is awesome!
Aug 24, 2010 11:01am
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Aug 24, 2010 11:04 AM
Aug 24, 2010 11:04am
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Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 11:45 AM
Con_Alma;460366 wrote:I appreciate this comment.

Look who decided to make an appearance. Nice response on the other thread.
Aug 24, 2010 11:45am
V

vball10set

paying it forward

24,795 posts
Aug 24, 2010 11:46 AM
thedynasty1998;460379 wrote:This is not the discussion I expected when I opened "FREE HUDDLE", however it is much appreciated. This thread is awesome!
LOL-- I thought we had some good "discussions",but this puts us to shame!!!
Aug 24, 2010 11:46am
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Aug 24, 2010 11:47 AM
vball10set;460436 wrote:LOL-- I thought we had some good "discussions",but this puts us to shame!!!

No kidding, I'll have to pick up my game before basketball season starts back up.
Aug 24, 2010 11:47am
S

Steel Valley Football

Senior Member

4,548 posts
Aug 24, 2010 11:51 AM
Appraisers are not market makers (whatever that is). Appraisers are reporters of probable market value.
Aug 24, 2010 11:51am