Clients Reconsideration of Value Retail 
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.
Appraisal Today
AUGUST 9, 2024
Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property. percent from 6.22
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Appraisal Today
OCTOBER 18, 2024
These policies are a major improvement over what we used to experience, when there were no standardized ROV methods the multiple clients could use. closed-end residential mortgage applications originated through retail and consumer direct channels. Base period and value for all indexes is March 16, 1990=100. percent from 6.06
Appraisal Today
NOVEMBER 4, 2022
It can help you get more business from AMCs (and other lender clients). I keep my advertising clients and this newsletter’s content separate. Reconsideration of value and Appraisers. Communicating with non-lender clients: Very, very different from lenders!! Lender decides You must match to client.
Appraisal Today
APRIL 7, 2023
Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes. The review and analysis of the lender-selected sales are completely irrelevant to the report and opinion of value. percent from 5.62
Appraisal Today
JULY 12, 2024
Integrity Remain steadfast in your commitments, stay true to your word, and uphold your principles, even if this requires declining an appraisal assignment or future work with a client or their agent. By staying honest and true to your values, others are more likely to trust and collaborate with you or recommend you and your business.
Appraisal Today
FEBRUARY 23, 2024
Allow the appraisers to speak directly to the lender/client, instead of going through the third-party agent. This will save time, especially when consumers request a Reconsideration of Value. retail residential mortgage applications, and has been conducted weekly since 1990. The effective rate increased from last week.
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