Glossary entry (derived from question below)
English term or phrase:
"drive-by" valuations
English answer:
appraisals or valuations made by looking at the outside of the properties
Added to glossary by
Michael Powers (PhD)
Jan 2, 2009 16:59
15 yrs ago
4 viewers *
English term
Romania
MA in Translation Theory and Practice
Native in: Romanian (Variant: Romania) 
Works in: English to Romanian, French to Romanian, Italian to Romanian, and 1 more.
"drive-by" valuations
English
Bus/Financial
Real Estate
The secret database is markedly different from the last council tax valuation when surveyors and estate agents conducted "drive-by" valuations on individual properties.
Change log
Jan 2, 2009 18:07: Michael Powers (PhD) changed "Edited KOG entry" from "<a href="/profile/817495">Cristina Bolohan's</a> old entry - ""drive-by" valuations "" to ""appraisals or valuations made by looking at the outside of the properties""
Jan 2, 2009 18:08: Michael Powers (PhD) changed "Field (specific)" from "Finance (general)" to "Real Estate"
Responses
+4
3 mins
Michael Powers (PhD)
United States
United States
Native in English
&
English
Works in field
United States
US Court Cert. 1980 Ph.D. 1981
Native in: English
Works in: Spanish to English, Portuguese to English, English to Spanish, and 2 more.
Related KudoZ points
:
8
Selected
appraisals or valuations made by looking at the outside of the properties
Instead of doing an actual analysis by analyzing the comparables and the actual condition of the properties being appraised, a tax appraisals were made on the properties simply on the impression received from "driving by" or looking at the outside of the property.
Mike :)
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Note added at 19 mins (2009-01-02 17:18:39 GMT)
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Yes, a superficial impression, if you will. The image is a car driving by a house and the appraiser thinking, "well, an average house" for this area. It is very superficial and probably not accurate at all.
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Note added at 1 hr (2009-01-02 18:06:55 GMT) Post-grading
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You're welcome
Mike :)
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Note added at 19 mins (2009-01-02 17:18:39 GMT)
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Yes, a superficial impression, if you will. The image is a car driving by a house and the appraiser thinking, "well, an average house" for this area. It is very superficial and probably not accurate at all.
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Note added at 1 hr (2009-01-02 18:06:55 GMT) Post-grading
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You're welcome
Note from asker:
| so driving-by means superficial here |
4 KudoZ points awarded for this answer.
Comment: "Thank you"
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