Clients Information Real Estate Agent Reconsideration of Value 
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents.
McKissock
NOVEMBER 16, 2021
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). USPAP prohibits an appraiser from discussing the results of an appraisal with anyone other than the client or parties designated by the client.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Birmingham Appraisal
JUNE 13, 2023
Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.
Birmingham Appraisal
FEBRUARY 20, 2024
Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.
Cleveland Appraisal Blog
MARCH 30, 2021
When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. The number of professional reconsiderations of value coming in are increasing. Usually, the information further supports my opinion of value, when I take a closer look. Good agents know this.
Annarbor Appraisal
SEPTEMBER 6, 2020
The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Even though the consumer may pay for the appraisal, they are no more the client than is the credit reporting agency or title company hired directly by the lender. Do not be confrontational.
Birmingham Appraisal
SEPTEMBER 15, 2022
I would like to do my part by informing and educating you on the appraisal part of the transaction. Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting. Some examples of this are buyers purchasing a home, owners refinancing a home, and clients who are building a home.
Expert insights. Personalized for you.
73 
Let's personalize your content