Appraisal Buzz
JUNE 7, 2021
In 2015, I designed the Market Machine, a technological tool used by appraisers and other valuation professionals. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators. Buzz : How should AMCs handle a reconsideration of value (ROV)? Buzz : Why do AMCs need the training?
McKissock
JANUARY 8, 2021
The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
McKissock
JANUARY 8, 2021
The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA.
Appraisal Today
APRIL 7, 2023
Carden designed and built the house beginning in 1986. ” The unique design of this home has been carefully preserved, an impressive feat in which no rooms are square or rectangular. Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes.
Appraisal Today
NOVEMBER 4, 2022
Reconsideration of value and Appraisers. Architect James Kluttz designed the place for himself and his family in 1987. Mortgage Borrowers Can Challenge Inaccurate Appraisals Through the Reconsideration of Value Process. This process is often referred to as a “reconsideration of value” or “ROV.”
Appraisal Today
FEBRUARY 23, 2024
This will save time, especially when consumers request a Reconsideration of Value. But the waterfront building’s more-recent design is rooted in a nautical past. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.06 baths, 8,500 sq.ft.,
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. To read more, click here.
Expert insights. Personalized for you.
366 
Let's personalize your content