Remove Contracts Remove Reconsideration of Value Remove Reference
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Why Appraisal Workfiles Are Important

Appraisal Today

Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.91 percent from 6.93

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Practical Tips for Working With AMCs

Appraisal Today

Reconsideration of value and Appraisers. Mortgage Borrowers Can Challenge Inaccurate Appraisals Through the Reconsideration of Value Process. This process is often referred to as a “reconsideration of value” or “ROV.” The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.37

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Are Appraisers Professionals?

Appraisal Today

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.00 from 0.62 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.87

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Appraisal Sq. Ft. Appraisal vs. Assessor/Public Records

Appraisal Today

Psychologist Joseph LeDoux has referred to bias as an unconscious dan- ger detector that determines the safety of a person or situation, before we even have a chance to cognitively consider it. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) decreased to 6.67