Riverfront Appraisals

APRIL 2, 2021

The post The Loan Officer’s Guide to Appraisals Part 4: Tips for a Successful Reconsideration of Value appeared first on Riverfront Appraisals. This blog is part four of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. But don’t let the name fool you. Even though we’re […].

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Cleveland Appraisal Blog

SEPTEMBER 10, 2022

Reconsideration of Value and Appraisers – APPRAISAL TODAY. Buyers & Sellers feeling stuck in the housing market – Sacramento Appraisal Blog. Reconsideration of Value and Appraisers – APPRAISAL TODAY. Is the Sun Setting on High Prices? – DW Slater Appraisal Blog.

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Riverfront Appraisals

JULY 1, 2021

So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. And, you’ll definitely […].

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McKissock

DECEMBER 28, 2021

Housing market trends for 2022. While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Related reading: Check out our roundup of Housing Market Predictions for 2022.

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Riverfront Appraisals

JUNE 13, 2021

So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. We’re halfway there! appeared first on Riverfront Appraisals.

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Riverfront Appraisals

APRIL 30, 2021

So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So if this is […]. appeared first on Riverfront Appraisals.

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Appraisal Today

AUGUST 9, 2024

housing market has surged to a record $11.5 trillion, with three out of five mortgage holders possessing at least $100,000 in equity they can borrow against, according to the August 2024 ICE Mortgage Monitor Report. 31, 2024.

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Appraisal Today

APRIL 7, 2023

Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes. The review and analysis of the lender-selected sales are completely irrelevant to the report and opinion of value.

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Appraisal Today

NOVEMBER 4, 2022

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 ads regularly get the largest number of “hits,” indicating that readers like them.

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Appraisal Today

APRIL 5, 2024

More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers.

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Appraisal Today

JULY 12, 2024

ADUs represent a growing segment of the housing market, and your expertise as an appraiser is crucial in reflecting their true value. ADUs are not unique to urban locations and are becoming a crucial part of the housing market.

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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?” The post Reconsideration of Value and Appraisers appeared first on Appraisal Today. By Greg Stephens, SRA, AI-RRS.

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Appraisal Buzz

JANUARY 17, 2025

It has been my deepest honor to serve the American people at HUD, helping families secure affordable housing where they can grow and thrive and live with dignity, said HUD Agency Head, the Honorable Adrianne Todman.

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Appraisal Today

MARCH 21, 2025

Appraisal Waivers Contribute to Data Cancer in the Housing Market. 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. and 7%, which should support the spring housing market.

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Appraisal Today

MARCH 14, 2025

What happens to the housing market during a recession? 2) LOCAL MARKETS COULD BE DIFFERENT National stats are cool, but lets always try to digest local trends. 4) THE GREAT RECESSION ISNT THE NEW TEMPLATE What happened in 2008 isnt the new template or formula for every future recession and housing market correction.

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Housing Wire

DECEMBER 23, 2024

In fact, housing market reforms instituted in the aftermath of the 2008 housing crisis clearly removed lenders like Rocket from the appraised value process. But according to federal guidelines, the ROV process must be initiated by the home buyer, not the lender.

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