Expert Appraisal Reviews by Appraisal Associates & ConsultantsAccording to a statement by the Federal Reserve, "financial institutions are obligated to have an effective, independent real estate appraisal and evaluation plan," and that appraisers performing reviews have to "have the familiarity and skillfulness to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Appraisal Associates & Consultants provides appraisal review services that are objective, expert, professional and in accordance with the Federal Reserve's regulations. 
If you're in the need of a real estate appraisal review or have questions about an appraisal, call Appraisal Associates & Consultants today. Appraisal reviews "ought to determine whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the processes by which the collateral valuation is collected ensures independence and quality," according to the Federal Reserve. Moreover, they "must signify whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the extent of the appraisal assignment." Lastly, the Federal Reserve states that "some institutions augment routine reviews with post-funding assessments of appraisal quality for a number of their high-risk or larger-value contracts as a control to assist in exposing valuation issues." In addition to tailoring our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we'll prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Appraisal Associates & Consultants, we are trained in all kinds of appraisal reviews, review practices and the responsibilities of review appraisers. We know what the most prevalent deficiencies are, especially in our housing market. We also understand what amounts to a quality appraisal. In the same sense, we're proficient enough to identify that our competitors in our market are capable of doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust us to lawfully study appraisal reports performed by others. And those others could be reviewing our work, too! In short, when you choose Appraisal Associates & Consultants, you can be sure of our truthful judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact us for more information about our qualifications, expertise and services offered. |