Kairos Appraisal Services
FEBRUARY 1, 2023
The cooling housing market is forecast to continue in 2023, and buyers and sellers are proceeding with caution. The good news is that a reconsideration… The post What Is a Reconsideration of Value for an Appraisal Report?
Housing Wire
APRIL 6, 2021
Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. With others waiting in line behind her, the seller wouldn’t budge on price.
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Housing Wire
AUGUST 11, 2020
Most AMCs offer a process called a Reconsideration of Value Request, or ROV, that when properly presented, encourages the appraiser to review the work based on additional appropriate data submitted. However, if sellers are willing to take the time to do repairs, the appraisal can be conditioned and brought back up. “If
Cleveland Appraisal Blog
MARCH 30, 2021
TODAY’S HOME BUYERS ARE LIKE THE CARP. This year, it appears that buyer panic is even worse than last year. It could be that interest rates are now creeping up, which has some buyers panicked that they their buying power is shrinking. But buyers should think seriously about how much they are willing to spend right now. .
Riverfront Appraisals
JULY 29, 2021
So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.
Birmingham Appraisal
JUNE 13, 2023
As an agent, you might think that multiple offers are a clear indication of market value and that the highest offer should be accepted as such. However, as an appraiser, I have to look beyond the offers and consider other factors that affect market value, such as supply and demand, market trends, buyer preferences, financing conditions, etc.
Cleveland Appraisal Blog
SEPTEMBER 10, 2022
Reconsideration of Value and Appraisers – APPRAISAL TODAY. Buyers & Sellers feeling stuck in the housing market – Sacramento Appraisal Blog. Reconsideration of Value and Appraisers – APPRAISAL TODAY. Is the Sun Setting on High Prices? – DW Slater Appraisal Blog.
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