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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

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.

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The appraisal gap is complicating deals across the country

Housing Wire

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. But making me be the only one responsible (the appraiser) for the value and the loan, makes the appraiser use more caution,” he said. “If

Appraisal 540
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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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A View on Risk: Desktop Appraisals

Appraisal Buzz

Lenders will need to understand implications to any policies, procedures, or practices associated with reconsiderations of value or the decision to obtain another appraisal. timing and cost), will have implications on the risks associated with any decisions further down the loan process line. Conclusion.

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The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. This can include a copy of the listing sheet, a list of recent improvements or upgrades, a plat map or survey, a floor plan, and any other relevant documents. Do provide a packet of information about the property.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

One possibility being discussed is a standardized reconsideration of value process that a property owner can utilize if they believe their house was undervalued by an appraiser. The top ones are reconsideration of values, and growing prevalence of desktop appraisals. These are expected to be significant and far-reaching.

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

Portland Appraisal Blog

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value?