Contracts Finance Inspection Reconsideration of Value 
Housing Wire
NOVEMBER 30, 2021
of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% Reconsideration of Value (ROV) process. The agency would be well served to also adopt hybrid appraisals and inspection-only waiver policies as additional options to today’s GSE appraisal waivers.
Birmingham Appraisal
JUNE 13, 2023
They cannot base their value opinions on anything other than their own analysis of the market data and their professional judgment. If you choose not to be at the property during the appraisal inspection let the appraiser know you are available to answer any questions they may have.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Today
NOVEMBER 4, 2022
Our office updates AMCs on every scheduling attempt with details, every inspection appointment set and completion, and any materials needed ASAP in the assignment. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. Reconsideration of value and Appraisers.
Birmingham Appraisal
FEBRUARY 20, 2024
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.
Appraisal Today
MAY 24, 2024
I wouldn’t want the interior photos of my home being catalogued by some third-party vendor that were taken related to a mortgage finance transaction I was engaging in. Finally, the vendor’s use of the photos is limited by contract, with stiff penalties for violation. I think Bagott’s issue is a legitimate concern.
Expert insights. Personalized for you.
407 
Let's personalize your content