Housing Wire

FEBRUARY 24, 2023

Concerns of racial bias , a lack of standardization for consumers in the reconsideration of value process and unclear authority in the governance structure are all present amidst increased requests from lenders for a more efficient process that provides value certainty sooner. Is “better” good enough as a starting point?

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Appraisal Process Appraisal Reconsideration of Value Valuation 396

Appraisal Buzz

FEBRUARY 7, 2022

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. It will give the reader of the report, and the person who will be providing the valuation, a visualization of what exists.

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Appraisal Inspection Development Technology 435

Appraisal Buzz

JULY 17, 2024

These duties include front-end collateral policy design, loan quality control activities for both credit and collateral, condo standards, property valuations designation and modernization, appraisal bias oversight, real estate liquidation options, and Single-Family operational risk management.

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Appraisal Modernization Reconsideration of Value Property Taxes 221

McKissock

DECEMBER 28, 2021

Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises. The PAVE Task Force is expected to issue a report with recommendations on how to reduce racial bias in home valuations sometime in early 2022,” he says.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Sign up now.

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Appraisal Reconsideration of Value Valuation Real Estate 85

Town & Country Residential Appraisals

OCTOBER 21, 2024

It’s called a Reconsideration of Value (ROV) , and it’s a tool that can save the deal, reduce buyer stress, and make real estate agents look like heroes. It’s pretty simple: Submit the request : The buyer (through their lender) requests the appraiser to reconsider their valuation.

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Appraisal Reconsideration of Value Valuation Real Estate Agent 57

McKissock

JUNE 22, 2021

Job aid: Big Box Retail Valuations. Job aid: How to Respond to a Reconsideration of Value Request. The useful and practical information within this guide is intended to enhance and strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value.

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Reconsideration of Value Appraisal Real Estate Retail 52

Portland Appraisal Blog

APRIL 14, 2019

Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value? In short, a reconsideration of value is another appraisal. Time indexing is an extremely important tool and one all appraisers should be familiar with. So, let’s define it.

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Appraisal Reconsideration of Value Agents Market Value 78

McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. View Pro-Series webinars.

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Appraisal Reconsideration of Value Valuation Real Estate 52

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

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Agents Appraisal Real Estate Agent Bracketing 95

Appraisal Buzz

JANUARY 13, 2025

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process.

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Real Estate Appraisal Appraisal Process Reconsideration of Value 359

Appraisal Today

MARCH 21, 2025

Data cancer is a term used to describe the gradual corruption of real estate valuation data due to repeated reliance on flawed or incomplete information. A crucial tool in this process is the ERC report, which was standardized in the 1980s to make it easier to evaluate relocation properties. What is Data Cancer?

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Appraisal Reconsideration of Value Mortgage Contracts 52