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.

Reconsideration of Value 75

Reconsideration of Value Appraisal Real Estate Insurance 75

McKissock

NOVEMBER 16, 2021

To help you out, we’ve put together some practical information to strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value (ROV). No matter how meticulous you are or how good your appraisal reports are, inevitably, you’ll receive complaints about some of your appraisals.

Reconsideration of Value 91

Reconsideration of Value Clients Appraisal Real Estate Agent 91

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Reconsideration of Value 84

Housing Wire

APRIL 6, 2021

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource. “I

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Cleveland Appraisal Blog

MARCH 30, 2021

When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. The number of professional reconsiderations of value coming in are increasing. I’m grateful that nearly half of my work these days is not for lending purposes.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 92

Agents Appraisal Real Estate Agent Bracketing 92

Annarbor Appraisal

SEPTEMBER 6, 2020

The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Lenders offer a formal “Reconsideration of Value” (ROV) process. Remember the appraiser’s client is the lender, not the consumer or the real estate agent.

Mortgage Appraisal 78

Mortgage Appraisal Appraisal Reconsideration of Value Mortgage 78