Law Market Value Reconsideration of Value 
Clear Capital
OCTOBER 7, 2024
We’re excited to share some important updates regarding the Reconsideration of Value (ROV) process. Federal banking regulators and the GSEs have stressed the importance of financial institutions managing their relationships with service providers, including appraisers, to ensure compliance with consumer protection laws.
Portland Appraisal Blog
APRIL 14, 2019
There is no law forbidding someone from paying more than the average market participant for a home unless the motive for doing so falls under money laundering, bribery, or some other equally nefarious scheme. Usually this is done via a document known as a “reconsideration of value” (ROV for short). So, let’s define it.
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Birmingham Appraisal
SEPTEMBER 15, 2022
Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. The bank is required by law to provide a copy of the appraisal report to the borrower. Appraisal vs Home Inspection.
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?” So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.”
Appraisal Today
MARCH 21, 2025
So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be. What does Pultes power play mean for the future of Fannie and Freddie?
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