Experienced Appraisal Reviews by ASSOCIATES APPRAISALAs stated in an announcement by the Federal Reserve, "financial institutions are required to have effective, objective real estate appraisal and evaluation programs," and that appraisers completing reviews are obligated to "have the knowledge and skills to evaluate compliance with the Federal Reserves appraisal rules and guidelines." Here at ASSOCIATES APPRAISAL, we provide appraisal review services that are unbiased, expert, 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 ASSOCIATES APPRAISAL today. According to the Federal Reserve, appraisal reviews "have to conclude whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the procedures by which the collateral valuation is acquired guarantees independence and quality." They "should also show whether the appraisal or evaluation report is true to the letter of engagement, which describes the scope of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions reinforce typical reviews with post-funding evaluations of appraisal quality for a few of their high-risk or higher-value transactions as a way to assist in discovering valuation complications." In addition to tailoring our work to the processes 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 ASSOCIATES APPRAISAL, we're skilled in all types of appraisal reviews, review processes and the requirements of review appraisers. ASSOCIATES APPRAISAL knows what amounts to a quality appraisal and what the most common weaknesses are, especially in our real estate market. We're also amply trained to realize that our competitors in our market are qualified to do good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on ASSOCIATES APPRAISAL to objectively look over appraisal reports carried out by others. And those others might be evaluating our work, too! You can count on ASSOCIATES APPRAISAL for our neutral judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and services offered. |
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