Buyers Definition Reconsideration of Value 
Housing Wire
APRIL 6, 2021
Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. It was definitely a rush job! That’s common these days.
Appraisal Today
MAY 10, 2024
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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Riverfront Appraisals
JULY 29, 2021
So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.
Appraisal Buzz
JULY 17, 2024
This graceful exit, by definition, will involve a sale of the home, but it could incorporate flexible options that allow the homeowner to stay in the home for a period (i.e., elementor – v3.22.0 – 26-06-2024 */.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading.elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading.elementor-heading-title.elementor-size-small{font-size:
Portland Appraisal Blog
APRIL 14, 2019
You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. What is a Reconsideration of Value? What just happened?
Appraisal Today
AUGUST 9, 2024
Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. This price assumes a reasonable exposure time on the market, with both buyer and seller acting prudently and without duress. 31, 2024.
Appraisal Today
OCTOBER 18, 2024
But the UAD also removes some of the benefit of appraisers’ reactions — which may mirror the behavior, thinking, and psychology of “typical” buyers! Added Kan, “Demand is holding up to an extent for prospective first-time buyers. It serves to eliminate much subjective wording, such as “good” “superior”, “nearby” and “desirable.”
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