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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

On a side note, I’m definitely noticing some familiar agents listing bank-owned homes right now (mostly people who were big REO agents back in the day). To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up? What is happening in your market?

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do. We all know this is true.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Read on to learn about the definition of an extraordinary assumption and when it should be used, as well as the overuse of extraordinary assumptions. National Counsel for Liability Insurance Administrators. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.17 percent from 6.25