Appraisal Today

MAY 10, 2024

ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. For appraisers, Section II.D.2.

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Reconsideration of Value Appraisal Real Estate Insurance 69

DataMaster

JUNE 2, 2023

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We all know home buying is a complicated process, and we all have the same end goal: getting the buyer in their home. Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly.

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Reconsideration of Value Valuation Clients Legal 145

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Reconsideration of value and Appraisers. Here are a few of the differences discussed in the article: Lender Non-lender.

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Reconsideration of Value Appraisal Inspection Advertising 52

DataMaster

JUNE 2, 2023

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We all know home buying is a complicated process, and we all have the same end goal: getting the buyer in their home. Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly.

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Reconsideration of Value Valuation Clients Legal 78

Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. What is a Reconsideration of Value? What just happened?

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Appraisal Reconsideration of Value Agents Market Value 78

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?” ®’s data team has scoured the country to pinpoint where buyers can find the best deals on oversized abodes. Excerpts: 2.

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