Reconsideration of Value Assistance for Appraisals

If you have recently received an appraisal on your property or a property you are associated with and believe that the value assigned is not credible or does not reflect a reliable market value, I am here to help. As an experienced appraiser, I understand the intricacies of the reconsideration of value process and can provide expert guidance and support to assist your reconsideration request and potentially revise the results of the appraisal.

Before you go at it on your own, reach out to me to see how I can help you.

Gulf Stream Residential Appraisal performs the Reconsideration of Value Assistance service in compliance with standards 3 and 4 of USPAP which pertain to Appraisal Review. GSRA does not operate as an advocate for the clients reconsideration appeal and does not accept or agree to services based on the results of the ROV appeal. The Reconsideration of Value Assistance service can identify that the original appraisal report is considered credible and could be functionally relied upon for its intended use and purpose.

How My Reconsideration of Value Assistance Service Works:

1. Initial Consultation: Contact me to schedule an initial consultation. During this conversation, we will discuss your concerns regarding the appraisal and gather information about your specific situation.

2. Appraisal Review: I will carefully review the original appraisal report, examining the methodology, data sources, and any potential inaccuracies or omissions.

3. Additional Data Collection: To strengthen your reconsideration of value request, I will collect additional data, such as recent comparable sales, market trends, and any unique property features or improvements.

4. Case Development: Based on my analysis and findings, I will develop a comprehensive reconsideration of value package. This will include a detailed explanation of the discrepancies, supporting documentation, and any expert opinions or market analysis.

5. Submission and Follow-up: I will guide you through the process of submitting the reconsideration of value package to the appropriate parties. I will also provide support during any subsequent discussions or negotiations with the appraiser or lender.

Understanding the Reconsideration of Value Process

The reconsideration of value process allows property owners, borrowers, or individuals associated with a property transaction to challenge the appraisal value assigned to a property. This process is particularly crucial in situations where the appraisal value may adversely affect a pending transaction or loan approval. By providing additional information, relevant data, or addressing any inaccuracies in the original appraisal, the reconsideration of value process aims to ensure a fair and credible valuation.

Why Choose My Reconsideration of Value Assistance Service

1. Expert Appraiser: I am a highly skilled appraiser with a deep understanding of real estate valuation. I have years of experience in the industry, enabling me to provide credible analysis’s and valuable insights throughout the reconsideration of value process.

2. Customized Approach: I recognize that each reconsideration of value case is unique. I take a personalized approach, thoroughly reviewing your original appraisal and gathering additional information that can help you understand the strengths and weaknesses of the appraisal report.

3. Extensive Market Knowledge: With a comprehensive understanding of local real estate markets, I can analyze market trends, comparable sales data, and other relevant factors that will assist you in communicating your reconsideration of value request effectively.

4. Professional Documentation: I will assist you in preparing a comprehensive reconsideration of value package. We gather supporting documentation, address any discrepancies in the original appraisal, and present the evidence to the appraiser or lender.

5. Timely Assistance: I understand the urgency of addressing appraisal concerns promptly. I am committed to providing timely assistance, ensuring that your reconsideration of value request is submitted within the required timeframe.

6. Increase Your Chances Of Reconsideration Success: Even most Realtors don’t understand how to properly address a reconsideration of value request which often end in little to no actual reconsideration by the original appraiser. Often I hear this too late in the process when clients come to me after already submitting the ROV. With my extensive experience I can provide valuable insight into understanding the most crucial aspects to convey as part of the ROV.

If you require assistance with the reconsideration of value process for an appraisal, I am here to help. Don't let an non credible appraisal report hinder your real estate transaction.

Contact me today to schedule a consultation and take the first step towards a fair and credible valuation for your property.

Why should you hire us?

  • We offer a timely service and complete our services by the deadline.

  • Our fees are competitive and our valuations include a high and detailed level of analysis.

  • We are SRA designated by the Appraisal Institute which make appraisals more credible and acceptable.

  • We appraise all types of residential properties including single family homes, condominiums, 1-4 unit small multifamily, and vacant land.

  • We have experience throughout virtually every area within Collier and Lee county, including rural areas, water front, and barrier islands.

Contact us

shane@gulfstreamres.com
(239) 449-6002

1849 Trade Center Way
Naples, FL 34109

 

Service Area

Collier County

Naples, Marco Island, Everglades City, Ave Maria, Immokalee

Lee County

Bonita Springs, Estero, Fort Myers, Lehigh Acres, Cape Coral, Fort Myers Beach, Sanibel, Captiva, North Fort Myers