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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

One possibility being discussed is a standardized reconsideration of value process that a property owner can utilize if they believe their house was undervalued by an appraiser. It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena.

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Reconsideration of Value and Appraisers

Appraisal Today

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 appraiser must now reconcile these three values into one final opinion of value. By Greg Stephens, SRA, AI-RRS.