American Appraisal, Inc. Appraisal ReviewsAs said in a statement by the Federal Reserve, "financial institutions are required to have an effective, impartial real estate appraisal and evaluation program," and that appraisers fulfilling reviews must "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal rules and guidelines." At American Appraisal, Inc., we provide appraisal review services that are objective, qualified, professional and square with the Federal Reserve's rules. 
If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, contact us today. The Federal Reserve says appraisal reviews "ought to figure out whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the manner by which the collateral valuation is obtained ensures independence and quality." In addition, they "should denote whether the appraisal or evaluation report is consistent with the letter of engagement, which gives an account of the extent of the appraisal assignment." Lastly, the Federal Reserve says that "some financial institutions add periodic reviews with post-funding assessments of appraisal quality for any of their higher-liability or larger-value dealings as a channel to help in exposing valuation complications." In addition to tailoring our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are largely used for review services, and we'll develop 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 American Appraisal, Inc., we're qualified in every form of appraisal review, review practice and the requirements of review appraisers. American Appraisal, Inc. is aware of what the biggest deficiencies are, particularly in our home market, as well as what constitutes a quality appraisal. In the same sense, we're proficient enough to recognize that our competition in our market are able to do quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on American Appraisal, Inc. to justly valuate appraisal reports executed by others. And those others could be examining our work, too! In short, when you choose American Appraisal, Inc., you can rely on our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact American Appraisal, Inc. to learn more about our qualifications, expertise and services offered. |