Expert Appraisal Reviews with Realty Valuators, IncAccording to an announcement by the Federal Reserve, "financial institutions are obligated to have effective, objective real estate appraisal and evaluation plans," and that appraisers fulfilling reviews must "have the knowledge and skillfulness to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are independent, efficient, professional and compliant with the Federal Reserve's guidelines, just contact Realty Valuators, Inc. If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, call us today. As stated by the Federal Reserve, appraisal reviews "must decide whether the appraisal or evaluation is relevant for the transaction, the liability of the transaction, and whether the actions by which the collateral valuation is accomplished ensures independence and quality." In addition, they "should demonstrate whether the appraisal or evaluation report is even with the letter of engagement, which gives an account of the outlook of the appraisal assignment." Lastly, the Federal Reserve says that "some institutions augment periodic reviews with post-funding surveys of appraisal quality for a number of their higher-liability or larger-value contracts as a method to help in detecting 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 produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Realty Valuators, Inc, we're trained in all kinds of appraisal reviews, review procedures and the requirements of review appraisers. Realty Valuators, Inc knows what the biggest deficiencies are, especially in our real estate market, as well as what makes a quality appraisal. In the same sense, we are proficient enough to identify that our competition 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 rely on us to objectively evaluate appraisal reports carried out by others. And those others might be evaluating our work, too! When you choose Realty Valuators, Inc, you can be sure of our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Realty Valuators, Inc regarding our qualifications, expertise and service offerings. |