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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. That is a lot of bread!

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How to Respond to a Reconsideration of Value Request

McKissock

With rapid price growth and price bidding wars in hot real estate markets, an increase in appraisal appeal requests is likely. No matter how meticulous you are or how good your appraisal reports are, inevitably, you’ll receive complaints about some of your appraisals. Meet deadlines, if attainable. Take the ROV seriously.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

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.

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How to Ease the Transition to Senior Living

Cleveland Appraisal Blog

In this article, she offers some tips on how to transition a loved one to senior living. You can also listen right here at Cleveland Appraisal Blog! . I am a member of the National Association of Appraisers. If you’re an appraiser, and you’re looking to join an appraisal organization, please check them out.

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Low Value = Material Deficiencies? New FHA ROV Policy

Appraiserblogs

Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted. However, these policies are in keeping with the new initiatives surrounding alleged and often unproved appraisal bias and discrimination claims.

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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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What’s New in Appraisal Membership: March 2023

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant info to grow your real estate appraisal career. Not yet a member?