Appraisal Today
MAY 10, 2024
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.
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?
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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
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.
Appraisal Today
FEBRUARY 23, 2024
My job was to equalize values so taxpayers had their “fair share” Definitely the best experience I ever had. 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. No pressure, no hassles.
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