McKissock
NOVEMBER 16, 2021
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). Be respectful and constructive in your response. Meet deadlines, if attainable. Often, an ROV has a deadline for responding to it. Ask questions.
Cleveland Appraisal Blog
MARCH 30, 2021
When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. The number of professional reconsiderations of value coming in are increasing. I had new construction sales that were very comparable. It is likely that the market data just doesn’t support the price.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
McKissock
DECEMBER 28, 2021
The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. The top ones are reconsideration of values, and growing prevalence of desktop appraisals.
McKissock
FEBRUARY 13, 2023
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. Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. Sign up now.
McKissock
FEBRUARY 13, 2023
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. Invest in your professional development with one-hour, non-credit webinars presented by experts. View Pro-Series webinars.
Birmingham Appraisal
MARCH 26, 2025
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. When this happens you will need to go through the lender and complete a reconsideration of value (ROV).
Appraisal Today
JULY 26, 2024
For typical assignments, I see more errors in 2-4 appraisals than I do in any other kind of property type, including vacant residential land (proposed construction requiring an as is and prospective value are not “typical” in my book of definitions). A Reality Check Southernmost House in Continental U.S.
Expert insights. Personalized for you.
91 
Let's personalize your content