Article Clients Legal Reconsideration of Value 
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.
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We know it’s frustrating, you know it’s frustrating, your client probably even knows it’s frustrating. At the most basic level, try to speak to the client as you would if you were face to face. The entire process requires clear communication.
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Appraisal Today
NOVEMBER 4, 2022
They really appreciate it, and it ensures you can complete assignments on time as you had planned (no one likes waiting for a legal description only to have it show up on your day of 4 inspections!). It can help you get more business from AMCs (and other lender clients). Reconsideration of value and Appraisers.
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We know it’s frustrating, you know it’s frustrating, your client probably even knows it’s frustrating. At the most basic level, try to speak to the client as you would if you were face to face. The entire process requires clear communication.
Portland Appraisal Blog
APRIL 14, 2019
You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value? So, let’s define it.
Appraisal Today
SEPTEMBER 9, 2022
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. Excerpts: 2.
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