Remove Construction Remove Design Remove Reconsideration of Value
article thumbnail

Meet MortgagePoint’s Tech Excellence Award Recipients: Part V

Appraisal Buzz

These organizations are on the cutting edge of serving the mortgage, real estate, or housing markets, providing technology or software designed to serve those markets. In 2024, Valligent launched the 1004D Virtual Completion Certificate, speeding up verification of appraisal report conditions for construction or repairs.

Valuation 243
article thumbnail

How to Respond to a Reconsideration of Value Request

McKissock

To help you out, we’ve put together some practical information to strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value (ROV). USPAP prohibits an appraiser from discussing the results of an appraisal with anyone other than the client or parties designated by the client.

Insiders

Sign Up for our Newsletter

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

article thumbnail

FREE Webinar: Update on Current VA Appraisal Topics

McKissock

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute. Sign up now.

article thumbnail

Appraisal Comparable Guidelines: A Cheat Sheet for Agents

Birmingham Appraisal

Construction quality, age, and condition A home built in 2023 is not truly comparable to one built in 1950, even if they have the same square footage. Design and appeal A home that is very unique in its design and appeal may not compare well with a more traditional home.

Agents 58
article thumbnail

FREE Webinar: Update on Current VA Appraisal Topics

McKissock

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute. View Pro-Series webinars.

article thumbnail

How to Find Comps With Few Sales

Appraisal Today

A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. This will save time, especially when consumers request a Reconsideration of Value. But the waterfront building’s more-recent design is rooted in a nautical past. I researched and learned about the market.

article thumbnail

HUD Recaps Historic Investments Made Over the Biden Administration 

Appraisal Buzz

D rove near-record construction , with 1.7 Implemented the most significant update to Manufactured Home Construction and Safety Standards (the HUD Code) in over 30 years. Helped nearly 2 million homeowners stay in their homes during the pandemic and partnered with the U.S. Built or repaired over 500,000 affordable housing units.

Investing 195