Appraisal ReviewsAs said in a statement by the Federal Reserve, "financial institutions must have an effective, independent real estate appraisal and evaluation program," and that appraisers completing reviews should "have the proficiency and skills to evaluate compliance with the Federal Reserves appraisal rules and guidelines." At , we provide appraisal review services that are impartial, efficient, professional and compliant with the Federal Reserve's regulations. 
If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call today. According to the Federal Reserve, appraisal reviews "have to conclude whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the procedure by which the collateral valuation is attained ensures independence and quality." In addition, they "should announce whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the range of the appraisal assignment." The Federal Reserve also notes that "some financial institutions add typical reviews with post-funding assessments of appraisal quality for any of their high-liability or large-value affairs as a means to assist in exposing valuation complications." In addition to conforming our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we can prepare an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at , we are experienced in all forms of appraisal reviews, review practices and the obligations of review appraisers. We know what the most common weaknesses are, especially in our real estate market, as well as what represents a quality appraisal. Concurrently, we're proficient enough to identify that our competitors in our market are qualified to do a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on us to fairly study appraisal reports done by others. And those others might be reviewing our work, too! In short, here at , you can have confidence in our honest judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact to learn more about our qualifications, expertise and services offered. |