Remove Appraisal Process Remove Contracts Remove Design Remove Reconsideration of Value
article thumbnail

Tidewater Initiative: What VA Appraisers Need to Know

McKissock

The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA.

article thumbnail

Tidewater Initiative: What VA Appraisers Need to Know

McKissock

The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisers: How to Manage Your Emails

Appraisal Today

Communicating quickly with the lender is an issue with the appraisal process. Carden designed and built the house beginning in 1986. ” The unique design of this home has been carefully preserved, an impressive feat in which no rooms are square or rectangular. Was listed for $748,000 in 8/22. Built in 1960.

article thumbnail

Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. To read more, click here.

article thumbnail

Opinion: The path to modernizing the appraisal process

Housing Wire

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.