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Low Value = Material Deficiencies? New FHA ROV Policy

Appraiserblogs

The implication that if the VALUE is too low, then there must be “material deficiencies” present, is deeply troubling! Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted. The article does not stress ‘bad.’…

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How to Ease the Transition to Senior Living

Cleveland Appraisal Blog

In this article, she offers some tips on how to transition a loved one to senior living. Here are some links to other articles I’ve enjoyed recently! Reconsideration of Value and Appraisers – APPRAISAL TODAY. Reconsideration of Value and Appraisers – APPRAISAL TODAY. Hello everyone!

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How to Respond to a Reconsideration of Value Request

McKissock

To help you out, we’ve put together some practical information to strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value (ROV). In the end, if the information provided justifies a reconsideration of value, then revise the appraisal report accordingly.

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5 Best Practices for Dealing with Reconsiderations of Value & Revision Requests

DataMaster

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly. In fact, everything you considered, researched or used in your report is automatically saved.

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What’s New in Appraisal Membership: March 2023

McKissock

Current Topics with the VA In this recorded webinar, James Heaslet, Chief Appraiser for the Department of Veterans Affairs, and Jeffrey Hogan, Vice-President at Veros Real Estate, discuss desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality.

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5 Best Practices for Dealing with Reconsiderations of Value & Revision Requests

DataMaster

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly. In fact, everything you considered, researched or used in your report is automatically saved.

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What’s New in Appraisal Membership: June 2021

McKissock

Job aid: How to Respond to a Reconsideration of Value Request. The useful and practical information within this guide is intended to enhance and strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value. Webinar: Basics of the HP12c and Its Usage in Appraisal.