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Implementation deadline for appraisal review policy pushed to Oct. 31

Housing Wire

A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) requests for appraisals — originally scheduled to be implemented between Aug. 29 and Sept. 2 — has been pushed back to Oct.

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Challenging a mortgage appraisal

Annarbor Appraisal

Lenders offer a formal “Reconsideration of Value” (ROV) process. Reading the appraisal report will disclose why the sales that were used were chosen, and how they compare. Another possible reason for an ROV would be incorrect information in the appraisal report. Limit the number of sales to three if possible. •

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

In this new homebuyer’s guide to appraisals, I’ll help you understand the process during your first home purchase. I would like to do my part by informing and educating you on the appraisal part of the transaction. What is a Mortgage Appraisal? Who is the Appraisal for? This is called equity.

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Appraisal Time Adjustments

Appraisal Today

March 28, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA ad: Navigating Value Revisions On Time Adjustments By Timothy Andersen, MAI 19.5 CDEI, MNAA Excerpts: Typically, this time starts when the comparable goes under contract, then ends on the effective date of the appraisal. Scroll down past the big yellow signup block.