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.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Birmingham Appraisal

JUNE 13, 2023

Market information- This can include any data or trends that affect the market value of the property, such as supply and demand, inventory, absorption rate, days on market, etc. Request a reconsideration of value- If you disagree with the appraised value, you can request a reconsideration of value from the lender.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Reconsideration of Value 78

Cleveland Appraisal Blog

MARCH 30, 2021

There is a lot of demand out there, with very little inventory. It may be due to inventory levels continuing to drop. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. The number of professional reconsiderations of value coming in are increasing.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Today

APRIL 5, 2024

More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers.

Appraisal 77

Appraisal Contracts Business Construction 77

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 post Reconsideration of Value and Appraisers appeared first on Appraisal Today. By Greg Stephens, SRA, AI-RRS.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

McKissock

DECEMBER 28, 2021

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. The top ones are reconsideration of values, and growing prevalence of desktop appraisals.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96