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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. Was it the borrower?

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. I always recommend VA as the best lender client for appraisers. VA Approves Desktops and Exterior-Only Appraisals. Never plant a palm tree!!

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ChatGPT for Appraisers

Appraisal Today

Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

Get a free home valuation for your house and trends in your neighborhood. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Year Built: 2003. Clients ask us these questions every day. We offer tips and resources below. Zip Code: 77082.