MEDITERRANEAN LIMOUSINE INC
Potomac, MD 20854
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To all subscribers of Yellow Pages.
It came to our knowledge that an appraisal company out in California is using our name to promote their business. Please be aware of their activities. Mediterranean Limousine, Inc operates in Washington/Baltimore Metropolitan. area. We provide ground transportation, Airport transfers, Weddings, Sporting Events and out of State transportation Services.
We have been in Business since 1995 and a good standing with all local Government requirements.
for further informations, please visit our Web site www.medlimo.com.
we are looking forward to hearing from. Thank you for your Business and continued support.
The above referenced company, also known as "CRS" and "colrisk.com" is acting as, and performing appraisal and appraisal related services, including review appraisals without conforming to California Real Estate Appraisal Laws and regulations. Specifically, they are providing value-cutting 'desk reviews' without ever inspecting the property; without having a California licensed real estate appraiser sign the reviews that are forwaded to clients and other third parties, and without industry standard appraisal certifications. The founding owner of the firm has not held a valid California Real Estate Appraisers license since August 19,2003. That license "went inactive" after only 20 months!
The services being offered by this company are diected primarily to lenders, though the results have terrible impact on homeowners by inappropriately reduced loan amounts based on non USPAP compliant reviews; and appraisers have their professional reputations damaged, with almost no recourse, since the company does not follow any recognized state appraisal regulations, or standards.
(1) iF YOU ARE A LENDER-HIRE REAL APPRAISERS
(2) IF YOU ARE A BORROWER, AND LEARN YOUR LENDER USES THIS COMPANY TO PERFORM APPRAISAL REVIEWS, SEEK A MORE REPUTABLE AND PROFESSIONAL LENDER.