Experienced Appraisal Reviews by www.Appraisal-Center.com

According to an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, impartial real estate appraisal and evaluation program," and that appraisers doing reviews should "have the familiarity and skillfulness to assess compliance with the Federal Reserves appraisal rules and guidelines." www.Appraisal-Center.com provides appraisal review services that are independent, expert, professional and square with the Federal Reserve's regulations.

If you need a real estate appraisal review or have questions in reference to an appraisal, contact us today.

As stated by the Federal Reserve, appraisal reviews "must verify whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the processes by which the collateral valuation is obtained ensures independence and quality." Moreover, they "must announce whether the appraisal or evaluation report is even with the engagement letter, which sets forth the capacity of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions augment periodic reviews with post-funding evaluations of appraisal quality for a few of their high-risk or larger-value contracts as a way to help in exposing valuation concerns."

In addition to tailoring our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we can formulate an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At www.Appraisal-Center.com, we are experienced in all types of appraisal reviews, review procedures and the requirements of review appraisers.

www.Appraisal-Center.com is aware of what constitutes a quality appraisal and what the most frequent defects are, particularly in our housing market. Concurrently, the professionals at www.Appraisal-Center.com are sufficiently trained to admit that our competitors in our market are capable of a fine job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on us to justly assess appraisal reports executed by others. And those others may be examining our work, too!

You can trust www.Appraisal-Center.com for our neutral judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact www.Appraisal-Center.com regarding our qualifications, expertise and services offered.