ROV (Reconsideration of Value) Changes – FHA and GSEs
Appraisal Today
MAY 10, 2024
This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” 1-acre lot, Built-in 1958 Architect Robert Reichert designed the home, known as the Egan House, back in 1958.
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