Appraiserblogs

DECEMBER 21, 2021

But I digress… According to the Dodd-Frank law, and the HVCC before it, clients are allowed to challenge the appraiser’s value opinion by submitting what is termed in the law “appropriate” sales to be further reviewed, with the expectation that. White Paper: Requests for Reconsiderations The paper states that….

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Reconsideration of Value Law Clients Appraisal 136

Portland Appraisal Blog

APRIL 14, 2019

There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. There is no law forbidding someone from paying more than the average market participant for a home unless the motive for doing so falls under money laundering, bribery, or some other equally nefarious scheme.

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Appraisal Reconsideration of Value Agents Market Value 78

Appraisal Today

APRIL 5, 2024

They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.91 percent from 6.93

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Appraisal Contracts Business Construction 76

Appraisal Today

FEBRUARY 23, 2024

This will save time, especially when consumers request a Reconsideration of Value. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.06 from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. percent from 6.87

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Appraisal Real Estate Contracts Reconsideration of Value 67

Birmingham Appraisal

SEPTEMBER 15, 2022

The bank is required by law to provide a copy of the appraisal report to the borrower. What If The Appraisal Is Less Than The Contract? There is always the possibility that the appraisal value is less than the contract price. If they fail to do so it could be an oversite so you may ask them for your copy.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” The architect Sandra Rishani told Insider no new structure can be built in its place because of zoning laws. percent from 5.80

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Reconsideration of Value Appraisal Clients Contracts 52