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.

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Reconsideration of Value Appraisal Real Estate Insurance 73

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?” Keep the definition of intended users as narrow as possible. How to Respond to ROV Requests: Updated Guidance.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Buzz

JUNE 7, 2021

Buzz : How should AMCs handle a reconsideration of value (ROV)? Josh : If the AMC knows how to handle a revision request, they already know how to handle a reconsideration of value (ROV). That’s because a reconsideration of value is merely a specific type of revision request.

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Training Reconsideration of Value Valuation Clients 366

Riverfront Appraisals

JULY 29, 2021

So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.

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Reconsideration of Value Appraisal Appraisal Process Loan Officers 100

Riverfront Appraisals

JULY 1, 2021

So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. And, you’ll definitely […]. For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process.

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Appraisal Process Reconsideration of Value Bracketing Final Inspection 88

Housing Wire

APRIL 6, 2021

“I disputed the appraisal with three more comps along with receipts of all the upgrades over $25,000 and he still refused to adjust the value,” she said. It was definitely a rush job! Actually, he was very quick to get out to the house and do the appraisal, so no problem there. Wow, since when? He wasted my client’s money.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 538

Portland Appraisal Blog

APRIL 14, 2019

Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value? In short, a reconsideration of value is another appraisal. Recap #2: Do: Use a “most probable price” definition of market value. So, let’s define it.

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Appraisal Reconsideration of Value Agents Market Value 78