Experienced Appraisal Reviews by Brians Appraisal ServiceAs said in an announcement by the Federal Reserve, "financial institutions must have effective, independent real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews should "have the proficiency and expertise to assess compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are independent, expert, professional and square with the Federal Reserve's rules, just contact Brians Appraisal Service. 
If you need a real estate appraisal review or have questions in reference to an appraisal, call us today. According to the Federal Reserve, appraisal reviews "have to figure out whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the practices by which the collateral valuation is accomplished ensures independence and quality." Moreover, they "should demonstrate whether the appraisal or evaluation report is compatible with the letter of engagement, which gives an account of the range of the appraisal assignment." The Federal Reserve also says that "some banks add typical reviews with post-funding evaluations of appraisal quality for any of their higher-risk or large-value transactions as a control to assist in uncovering valuation complications." In addition to adapting our work to the procedures and guidelines of our review clients, there are four Fannie Mae forms that are primarily 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 Brians Appraisal Service, we're skilled in every type of appraisal review, review practice and the responsibilities of review appraisers. Brians Appraisal Service is aware of what the most common inadequacies are, especially in our housing market, as well as what constitutes a quality appraisal. The professionals at Brians Appraisal Service are also trained enough to realize that the competitors in our market are skillful in doing quality work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust Brians Appraisal Service to fairly study appraisal reports completed by others. And those others might be reviewing our work, too! In short, at Brians Appraisal Service, you can rely on our honest judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact Brians Appraisal Service for more information regarding our qualifications, expertise and services offered. |