Remove Clients Remove Real Estate Remove Reconsideration of Value Remove Valuation
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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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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

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The appraisal gap is complicating deals across the country

Housing Wire

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. How hybrid title and valuations help increase lending efficiency. Streamline by combining services.

Appraisal 539
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How to Respond to a Reconsideration of Value Request

McKissock

With rapid price growth and price bidding wars in hot real estate markets, an increase in appraisal appeal requests is likely. 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).

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A View on Risk: Desktop Appraisals

Appraisal Buzz

After years of accumulating, cultivating and refining data, there is a greater understanding of real estate data in its current form, and the risks associated with the integrity of data are more measurable and better understood than ever. We live in a world that is transitioning from the Information Age to the Digital Age. Conclusion.

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Challenging a mortgage appraisal

Annarbor Appraisal

The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Even though the consumer may pay for the appraisal, they are no more the client than is the credit reporting agency or title company hired directly by the lender. Do not be confrontational.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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