Contracts Marketing Reconsideration of Value 
Housing Wire
MARCH 20, 2025
Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA). Additionally, homes in Black communities are undervalued by an estimated 21% to 23%, translating to $162 billion in lost equity for Black homeowners.
Cleveland Appraisal Blog
MARCH 30, 2021
This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. People who are willing to spend tens of thousands more than the market will really support, seem to be speculating that things will continue as they are.
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Appraisal Buzz
JUNE 7, 2021
In 2015, I designed the Market Machine, a technological tool used by appraisers and other valuation professionals. Additionally, client contracts often require that appraisal management companies ensure staff receive proper training on various topics. Buzz : How should AMCs handle a reconsideration of value (ROV)?
Housing Wire
APRIL 6, 2021
The gap between appraisal and what buyers are willing to pay in one of the wildest real estate markets in modern history has created friction between agents, lenders and appraisers working under stressful conditions. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said.
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.
Birmingham Appraisal
JUNE 13, 2023
Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. You can also explain why some sales are not comparable, such as different market conditions, motivations, or concessions.
Portland Appraisal Blog
APRIL 14, 2019
All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. What is a Reconsideration of Value? Read the report!
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