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How to Respond to a Reconsideration of Value Request

McKissock

To help you out, we’ve put together some practical information to strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value (ROV). Be respectful and constructive in your response. Meet deadlines, if attainable. Often, an ROV has a deadline for responding to it. Ask questions.

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FREE Webinar: Update on Current VA Appraisal Topics

McKissock

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. Sign up now.

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FREE Webinar: Update on Current VA Appraisal Topics

McKissock

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Invest in your professional development with one-hour, non-credit webinars presented by experts. View Pro-Series webinars.

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Why Appraisal Workfiles Are Important

Appraisal Today

To read more, Click Here My comments: The article also discusses bias. In my free newsletter, I typically don’t include links to very adverse blog posts and articles. Regional Variability: The disparities in home sales and construction activity across different regions underscore the importance of localized market knowledge.

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Practical Tips for Working With AMCs

Appraisal Today

Reconsideration of value and Appraisers. Here are a few of the differences discussed in the article: Lender Non-lender. If this article helped you understand the differences between lender and non-lender residential appraisals and whether you want to do non-lender, it is worth the subscription price!

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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. (Warning – This video is a little loud.

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How to Find Comps With Few Sales

Appraisal Today

I wrote an article Why I am an appraiser, in a recent paid monthly newsletter (excerpts below). I read articles online and in the local newspaper, but they didn’t have much information. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. Cancel at any time for any reason!