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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

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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A New ‘Standard’ for ROV Requests

Appraiserblogs

Related Posts: Requests for Reconsiderations.appraisers continue to receive requests for reconsiderations on a daily basis. White Paper: Requests for Reconsiderations The paper states that…. Reconsideration of Value Requests Open invitation for spurious reconsideration requests. No thank you. Appraisers will be….

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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Why Appraisal Workfiles Are Important

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Lanham, 20/20 Valuations, and loanDepot.com, U.S. District Court, Maryland.

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Practical Tips for Working With AMCs

Appraisal Today

My comments: Read this blog post with practical tips from practicing appraisers. But, McKissock’s blog posts are short, well written, and popular with readers, so I include them regularly. Reconsideration of value and Appraisers. To read more of this long blog post with many topics, click Read More Below!!

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. Usually this is done via a document known as a “reconsideration of value” (ROV for short).

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Appraisers: How to Manage Your Emails

Appraisal Today

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market. percent from 6.45