VA – Appraisals – Tidewater Process: What is the “Tidewater Process” for VA Loans?
Answer: VA has a process called “Tidewater” where a VA appraiser contacts the appraisal requester prior to issuing the appraisal, when the value is going to be below the sales price. The appraiser is supposed to give the requester (typically the lender) 2 full working days to provide additional information to the appraiser to support [...]