Appraisal Reviews

As said in an announcement by the Federal Reserve, "financial institutions must have effective, impartial real estate appraisal and evaluation plans," and that appraisers doing reviews should "have the familiarity and skillfulness to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are unbiased, efficient, professional and square with the Federal Reserve's regulations, look no further than .

If you're in the need of a real estate appraisal review or have questions about an appraisal, contact today.

According to the Federal Reserve, appraisal reviews "have to decide whether the appraisal or evaluation is pertinent for the transaction, the liability of the transaction, and whether the procedure by which the collateral valuation is acquired guarantees independence and quality." They "must also show whether the appraisal or evaluation report is true to the engagement letter, which sets forth the extent of the appraisal assignment." The Federal Reserve also states that "some institutions augment routine reviews with post-funding evaluations of appraisal quality for some of their higher-liability or larger-value dealings as a means to help in identifying valuation issues."

In addition to adjusting our work to the procedures and guidelines of our review clients, there are four Fannie Mae forms that are widely used for review services, and we will 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 qualified in all types of appraisal reviews, review procedures and the responsibilities of review appraisers.

We are familiar with what the most frequent deficiencies are, especially in our real estate market. We also understand what makes a quality appraisal. The professionals at are also amply skilled to respect that our competitors in our market are skillful in doing good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can count on to ethically study appraisal reports executed by others. And those others could be evaluating our work, too!

For professional, impartial, ethical appraisal review services and honest judgments, you can count on . Contact to learn more about our qualifications, expertise and services offered.