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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. New FHA ROV Policy By Dave Towne, May 3, 2024 Excerpts: Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted.

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NAR Appraiser Survey July, 2023

Appraisal Today

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? UPDATED No.

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Data Collectors: Appraisers vs. Uber Drivers

Appraisal Today

. = Whimsical Casa Luna Bounces Onto the Market in Big Sur for $6,600,000 (dropped from $7M in December 2022) (Mickey) Manning architecture and designed homes to complement their natural surroundings. In 2000 and 2002, Architectural Digest named him one of the top 100 architects in the United States. percent from 6.50 percent from 6.37

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Appraising Airbnb Properties

Appraisal Today

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. It’s located about 30 miles north of Austin, the state capital, and is a collaboration between Texas construction firm ICON, homebuilding company Lennar and Danish architecture practice Bjarke Ingels Group (BIG).To

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Appraisal Time Adjustments Underutized

Appraisal Today

I always made them and never had any complaints from my lender clients. I worked for an assessor’s office in the late 1970s where we were making 2% per month time adjustments upward. Marketing to private money lenders Remember the old mortgage broker days of visiting an office and chatting with loan officers?