Clients Contracts Reconsideration of Value 
Appraisal Buzz
JUNE 7, 2021
Depending on the client’s needs, my work includes coaching, customized training, quality assurance, continuing education, disciplinary action assistance, internal audit, and other customized projects. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.
Housing Wire
DECEMBER 20, 2024
Emerson: This was a three-time Rocket client. Why would we not want to help a three-time client? We ordered this appraisal from a third party, who contracted the state-licensed appraiser. At the end of the day, the client didnt like the appraisal. We offered a reconsideration of value twice to the client.
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Housing Wire
APRIL 6, 2021
For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. But the most important thing is educating clients from day one. It’s made deals more challenging. I’ve seen a house listed at $1.7 million and sell for $2.03 million,” he added.
Cleveland Appraisal Blog
MARCH 30, 2021
Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. But they didn’t.
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.
Appraiserblogs
DECEMBER 21, 2021
But I digress… According to the Dodd-Frank law, and the HVCC before it, clients are allowed to challenge the appraiser’s value opinion by submitting what is termed in the law “appropriate” sales to be further reviewed, with the expectation that. White Paper: Requests for Reconsiderations The paper states that…. No thank you.
Birmingham Appraisal
JUNE 13, 2023
I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. Multiple offers do not guarantee that the property will appraise for the contract price Even if the seller accepts the highest offer, there is no guarantee that it will be supported by the market.
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