Experienced Appraisal Reviews by Expose Value Appraisals

As said in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation procedures," and that appraisers completing reviews are obligated to "have the ability and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are impartial, qualified, professional and compliant with the Federal Reserve's rules, just contact Expose Value Appraisals.

As stated by the Federal Reserve, appraisal reviews "ought to figure out whether the appraisal or evaluation is suitable for the transaction, the liability of the transaction, and whether the manners by which the collateral valuation is obtained guarantees independence and quality." They "should also show whether the appraisal or evaluation report is true to the letter of engagement, which sets forth the scope of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions augment regular reviews with post-funding assessments of appraisal quality for some of their high-liability or high-value dealings as a means to assist in discovering valuation disputes."

In addition to tailoring our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are widely used for review services, and we'll 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 Expose Value Appraisals, we are skilled in all types of appraisal reviews, review practices and the requirements of review appraisers.