article thumbnail

The Loan Officer’s Guide to Appraisals Part 5:  What is bracketing and why do we do it?

Riverfront Appraisals

So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? So if this is […]. appeared first on Riverfront Appraisals.

article thumbnail

The Loan Officer’s Guide to Appraisals Part 7:  How Can the Appraisal Process be Sped Up?

Riverfront Appraisals

So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. And, you’ll definitely […].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Loan Officer’s Guide to Appraisals Part 6:  How are FHA Appraisals Different From Others?

Riverfront Appraisals

So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. We’re halfway there!

article thumbnail

Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Agents and appraisers should be choosing comparables based on the physical attributes of the property and bracketing different features of the property when possible. When appraisers and agents use the same process there is less chance of there being major differences between contract price and appraisal value.

Agents 92
article thumbnail

Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value? In short, a reconsideration of value is another appraisal. 4) “Bracketing” of most major features. (No Don’t Take it Personally or Get Personal—Don’t Go There.