Expert Appraisal Reviews byAs said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation programs," and that appraisers performing reviews are obligated to "have the ability and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." At , we provide appraisal review services that are independent, efficient, professional and square with the Federal Reserve's regulations. ![]() If you're in the need of a real estate appraisal review or have questions about an appraisal, contact today. Appraisal reviews "have to verify whether the appraisal or evaluation is pertinent for the transaction, the risk of the transaction, and whether the means by which the collateral valuation is attained guarantees independence and quality," the Federal Reserve says. They "should also denote whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the extent of the appraisal assignment." Lastly, the Federal Reserve notes that "some institutions augment regular reviews with post-funding assessments of appraisal quality for a number of their high-liability or larger-value transactions as a method to help in uncovering valuation issues." In addition to adapting our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are usually used for review services, and we'll develop an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At , we are qualified in all types of appraisal reviews, review procedures and the responsibilities of review appraisers. We are aware of what the greatest defects are, especially in our housing market, as well as what makes a quality appraisal. The professionals at are also adequately skilled to know that the competition in our market are able to do a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can count on us to justly examine appraisal reports performed by others. And those others may be reviewing our work, too! At , you can trust our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and services offered. |