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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

The fraud started in 2008, one year after Roberts became a licensed appraiser, according to court documents and statements. 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.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. Was it the borrower?

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Appraisals and Water Frontage

Appraisal Today

The canal was owned by the state with an unclear easement for building beyond the rear lot line. By John Dingeman, Chief Appraiser Class Valuation. Class Valuation AMC does many desktops and hybrids. percent – the highest since November 2008 and the largest single-week increase since 2009. To read more, click here.