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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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Editorial Advisory Board Outlook: Insights From Economist, GSEs

Appraisal Buzz

Department of Housing and Urban Development, and Freddie Mac, and we’re excited about the continued progress appraisers have made to become more objective in their reporting to eliminate unsupported assumptions and consideration of protected class.

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Types of Appraisal Values

Appraisal Today

Types of Value (Partial List) Assessed Value Investment Value Insurable Value Value in Use Book Value Intangible Value To read more, Click Here My Comments: Read this article! It is the best article I have read on different types of values, plus other comments. 31, 2024.

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Freddie Mac Appraisal Advice

Appraisal Today

As strategies continue to develop and evolve, we believe it’s important to engage and communicate with stakeholders, so here are three key items we believe appraisers should keep top of mind in 2024. It’s a necessary step in developing credible reports. A Reality Check Southernmost House in Continental U.S. Worth reading.

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Why Appraisal Workfiles Are Important

Appraisal Today

The defendant appraiser valued their home at $472,000; a second appraiser later valued it at $750,000 after the couple “whitewashed” the residence and had a white friend stand-in for them. Significant developments have occurred in the case. The second development in the case is that on March 22, 2024, the attorneys for Drs.

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Are Appraisers Professionals?

Appraisal Today

By staying honest and true to your values, others are more likely to trust and collaborate with you or recommend you and your business. Expertise Professionals strive for proficiency in their field, continually enhancing their knowledge through education, webinars and personal development efforts.

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How to Find Comps With Few Sales

Appraisal Today

” I had never heard of appraising, and I got a book on appraising at the local library before my interview. The property data collection process by unlicensed and unregulated people hampers the appraiser trainee’s development and hurts the next generation of licensed and certified appraisers. It said, “Work in the field.”