When a borrower or lender believes that an appraisal may not accurately reflect market value, an ROV (Reconsideration of Value) request offers an opportunity to provide additional data that could impact the valuation outcome. However, the success of an ROV depends heavily on the clarity and quality of the evidence submitted.
This blog explains the proper process for requesting a reconsideration, what types of documentation are most effective (such as comparable sales, market trends, and relevant property details), and what should be avoided—like emotional appeals or unsupported assumptions. We also outline the responsibilities of the lender, the AMC, and the appraiser during the review process, and provide tips for improving communication and response time. With the right approach, an ROV can ensure fairness and accuracy while maintaining regulatory integrity.
