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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

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. For appraisers, Section II.D.2.

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Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” Mortgage applications decreased 0.8 Mortgage applications decreased 0.8 By Greg Stephens, SRA, AI-RRS. The 10 U.S.

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The appraisal gap is complicating deals across the country

Housing Wire

For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. I’ve seen a house listed at $1.7 But making me be the only one responsible (the appraiser) for the value and the loan, makes the appraiser use more caution,” he said. “But million and sell for $2.03

Appraisal 539
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Appraisers: How to Manage Your Emails

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market. Mortgage applications decreased 4.1 Was listed for $748,000 in 8/22.

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Why Appraisal Workfiles Are Important

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Mortgage rates Mortgage rates exhibited a minor retreat to 6.79%, remaining within the 6.6%

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Practical Tips for Working With AMCs

Appraisal Today

Reconsideration of value and Appraisers. NOTE: Please scroll down to read the other topics in this long blog post on AMCs, non-lender appraisals, liability, ROVs,unusual homes, mortgage origination stats, etc. ==. Mortgage Lending You decide. We all like free Liability advice! Appraisal Business Tips .