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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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Are Appraisers Professionals?

Appraisal Today

I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. I was first trained as a scientist, starting with my high school biology class. After graduation, I worked in labs for 7 years. I hate the word “industry” when applied to appraisers.