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 75

Reconsideration of Value Appraisal Real Estate Insurance 75

McKissock

JANUARY 8, 2021

It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11. This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. How Tidewater works.

Appraisal 59

Appraisal Reconsideration of Value Contracts Appraisal Process 59

McKissock

JANUARY 8, 2021

It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11. This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. How Tidewater works.

Appraisal 52

Appraisal Reconsideration of Value Contracts Appraisal Process 52