Reconsideration Of Value Request Form

USA Veteran Loans Reconsideration of Value

Request Form
If you would like to raise any concerns about the property appraisal performed during the application process, please provide the details which support your basis for the Reconsideration of Value (ROV) request. If the form provides insufficient space, feel free to include additional information in your email or a separate word document. The more information you provide, the better we will be able to address your concerns. Should you have any questions about how to complete the form, contact Appraisaldesk@USAVeteranLoans.com or call your Loan Officer.

Please complete this form and upload supporting documents or complete this form and email it with supporting documents to: Appraisaldesk@USAVeteranLoans.com
PURPOSE OF RECONSIDERATION OF VALUE: I am submitting this ROV because of the following issues with the appraisal: (select all that apply)*

Correct and/or explain errors or omissions in the appraisal reportInappropriate or incorrect comparable sales were usedAppraisal was influenced by bias or discriminationOther
GENERAL GUIDELINES OF ACCEPTABLE COMPARABLE SALES:
- Comparable sales must be for a closed purchase. Current listings or contingent sales cannot be considered.
- The closed date of the comparable sale must be no more than 12 months prior to the effective date on your appraisal and cannot be after the effective date on your appraisal.
- The comparable sale should be proximate to your home. While proximity may vary based on the rural or urban location of your home, keep in mind that the closer (and more similar in characteristics) the comparable, the more likely it will be considered appropriate and acceptablee. If you live in a subdivision, condominium project, or PUD, recent sales in your development of similar homes are the most persuasive.
- Comparable sales should have similar characteristics including the style of the home, size of the lot, gross living area, room/bathroom count, age, condition, and quality of construction but they need not be identical.
CONTACT INFORMATION
Applicant Full Name- (First Name, Last Name)*
Loan Officer/VP of Home Lending Name*
APPRAISAL INFORMATION
Loan Number*
Subject Property Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
ROV Request Reason Summary:

Please explain the reason for this ROV request. If the request includes additional comparable sales for the appraiser to consider, fill out the details for each proposed comparable in the next section.

Please explain why you believe the comparable sales listed below are superior to those selected by the appraiser. If you have more than three proposed comparables, please include them in a separate document or email.
1ST PROPOSED COMPARABLE SALE
Proximity of Subject*
Sale Price*
Date of Sale*

MonthDayYear
Date
Beds*
Bath*
Site Size*
GLA*
Basement*
Comp Address/Data Source/Comments*
Please attach additional pages if text does not fit in the box
2ND PROPOSED COMPARABLE SALE
Proximity of Subject
Sale Price
Date of Sale

MonthDayYear
Date
Beds
Bath
Site Size
GLA
Basement
Comp Address/Data Source/Comments
Please attach additional pages if text does not fit in the box
3RD PROPOSED COMPARABLE SALE
Proximity of Subject
Sale Price
Date of Sale

MonthDayYear
Date
Beds
Bath
Site Size
GLA
Basement
Comp Address/Data Source/Comments
Please attach additional pages if text does not fit in the box
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Thank you for completing the Reconsideration of Value (ROV) form.

If you have any questions or have any other documentation you need to submit after completely your online form, please contact Appraisaldesk@USAVeteranLoans.com

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USA Veteran Loans Reconsideration of Value

CONTACT INFORMATION

APPRAISAL INFORMATION

1ST PROPOSED COMPARABLE SALE

2ND PROPOSED COMPARABLE SALE

3RD PROPOSED COMPARABLE SALE