Appraisal Reviews by Realty Valuators, Inc

According to an announcement by the Federal Reserve, "financial institutions must have an effective, independent real estate appraisal and evaluation plan," and that appraisers fulfilling reviews must "have the knowledge and skillfulness to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are independent, qualified, professional and in accordance with the Federal Reserve's rules, contact Realty Valuators, Inc.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact Realty Valuators, Inc today.

As stated by the Federal Reserve, appraisal reviews "ought to verify whether the appraisal or evaluation is well-suited for the transaction, the uncertainty of the transaction, and whether the procedure by which the collateral valuation is attained ensures independence and quality." They "should also signify whether the appraisal or evaluation report matches the letter of engagement, which describes the scope of the appraisal assignment." The Federal Reserve also notes that "some institutions augment regular reviews with post-funding evaluations of appraisal quality for a number of their higher-liability or higher-value dealings as a way to aid in uncovering valuation complications."

In addition to adapting our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are usually used for review services, and we'll 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 are trained in every form of appraisal review, review procedure and the responsibilities of review appraisers.

We are familiar with what the greatest imperfections are, particularly in our home market. We also understand what makes a quality appraisal. At the same time, we are trained enough to admit that our competition in our market are able to do a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust us to ethically valuate appraisal reports done by others. And those others may be studying our work, too!

You can depend on Realty Valuators, Inc for our neutral judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Realty Valuators, Inc regarding our qualifications, expertise and services offered.