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Challenging a mortgage appraisal

Annarbor Appraisal

Lenders offer a formal “Reconsideration of Value” (ROV) process. The appraisal does not choose sales based on price, but on similarity to the subject property (with being proximate and recent important as well). Reading the appraisal report will disclose why the sales that were used were chosen, and how they compare.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? Appraisal vs Home Inspection.