Remove Development Remove Government Remove Inspection Remove Reconsideration of Value
article thumbnail

A View on Risk: Desktop Appraisals

Appraisal Buzz

Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.

Appraisal 435
article thumbnail

Opinion: The path to modernizing the appraisal process

Housing Wire

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. Additionally, as directed by the Biden administration, the U.S.