Definition Inventory Reconsideration of Value 
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
Let’s examine eight different types of value and provide a high-level overview of each. Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. It is the best article I have read on different types of values, plus other comments.
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Appraisal Today
OCTOBER 18, 2024
FHA purchase applications were little changed despite the increase in rates, as some first-time homebuyers remain in the market because of improving housing inventory conditions.” By Ryan Lundquist Choosing the Right Appraisal Management Companies (AMCs): A Guide for Appraisers Mortgage applications decreased 17.0 percent the previous week.
Appraisal Today
SEPTEMBER 9, 2022
Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” Keep the definition of intended users as narrow as possible. How to Respond to ROV Requests: Updated Guidance.
Appraisal Today
MARCH 21, 2025
You definitely needed to be nice, not rush through the inspection, dress professionally, etc. Reconsideration of Value The underwriter may request a reconsideration of value when the Appraiser did not consider information that was relevant on the effective date of the appraisal. percent the previous week.
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