Experienced Appraisal Reviews by A. M. Appraisals

According to an announcement by the Federal Reserve, "financial institutions are required to have an effective, independent real estate appraisal and evaluation program," and that appraisers doing reviews ought to "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." At A. M. Appraisals, we provide appraisal review services that are objective, qualified, professional and in accordance with the Federal Reserve's regulations.

If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, contact us today.

Appraisal reviews "have to determine whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the processes by which the collateral valuation is obtained guarantees independence and quality," as stated by the Federal Reserve. They "must also signify whether the appraisal or evaluation report is even with the letter of engagement, which gives an account of the scope of the appraisal assignment." Last, The Federal Reserve says that "some financial institutions supplement typical reviews with post-funding assessments of appraisal quality for some of their higher-risk or large-value affairs as a control to aid in uncovering valuation issues."

In addition to conforming our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are largely used for review services, and we will 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 A. M. Appraisals, we're skilled in all forms of appraisal reviews, review practices and the responsibilities of review appraisers.

A. M. Appraisals is aware of what the most frequent deficiencies are, particularly in our real estate market, as well as what amounts to a quality appraisal. At the same time, the professionals at A. M. Appraisals are sufficiently skilled to recognize that the competition in our market are able to do a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust A. M. Appraisals to justly assess appraisal reports done by others. And those others may be examining our work, too!

You can rely on A. M. Appraisals for our truthful judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact A. M. Appraisals for more information about our qualifications, expertise and services offered.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question