Appraisal Buzz

MAY 6, 2024

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

Reconsideration of Value 195

Reconsideration of Value Valuation Appraisal Appraisal Process 195

Appraisal Today

SEPTEMBER 9, 2022

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?” My comments : ROVs are a PITA for many appraisers. How does the appraiser get through such anti-appraiser gyrations?

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Birmingham Appraisal

FEBRUARY 20, 2024

They then carefully assess each comparable property’s similarities and differences to the subject property, making adjustments as needed to ensure accuracy in the pricing process. The final CMA report presents findings and recommendations to clients, allowing them to make well-informed decisions in their real estate transactions.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Housing Wire

MAY 1, 2024

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased,” according to an announcement from HUD.

Reconsideration of Value 352

Reconsideration of Value Appraisal Valuation Realtors 352