Expert Appraisal Reviews with XpertValuationAs said in a statement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers completing reviews should "have the familiarity and skillfulness to assess compliance with the Federal Reserves appraisal rules and guidelines." XpertValuation provides appraisal review services that are impartial, qualified, professional and square with the Federal Reserve's regulations. 
If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call XpertValuation today. Appraisal reviews "should conclude whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the procedures by which the collateral valuation is obtained guarantees independence and quality," according to the Federal Reserve. They "should also demonstrate whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the scope of the appraisal assignment." Lastly, the Federal Reserve notes that "some banks reinforce routine reviews with post-funding surveys of appraisal quality for some of their high-liability or high-value contracts as a method to aid in detecting valuation problems." In addition to conforming our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are mostly used for review services, and we will 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. Here at XpertValuation , we are qualified in every kind of appraisal review, review procedure and the responsibilities of review appraisers. We're aware of what the most common weaknesses are, especially in our home market. We also understand what amounts to a quality appraisal. In this regard, we are professional enough to respect that the competition in our market are capable of a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on XpertValuation to ethically examine appraisal reports executed by others. And those others could be evaluating our work, too! You can count on XpertValuation for our truthful judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact XpertValuation to learn more about our qualifications, expertise and services offered. |