Appraisal Process Contracts Reconsideration of Value 
Housing Wire
APRIL 6, 2021
For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. “To consider an ROV, appraisers are most often willing to review and consider comps that are more recent, more proximate and more similar.”. It’s made deals more challenging.
Birmingham Appraisal
JUNE 13, 2023
Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
McKissock
JANUARY 8, 2021
The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA.
Birmingham Appraisal
FEBRUARY 20, 2024
It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.
Birmingham Appraisal
SEPTEMBER 15, 2022
As you can see, there are major differences between home appraisals and home inspections and both are very important. There are numerous steps in the appraisal process and it’s important to know each step involved. Steps in the Appraisal Process. What If The Appraisal Is Less Than The Contract?
McKissock
JANUARY 8, 2021
The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA.
Housing Wire
NOVEMBER 30, 2021
Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.
Expert insights. Personalized for you.
540 
Let's personalize your content