Experienced Appraisal Reviews by Property Valuation Group

As stated in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, impartial real estate appraisal and evaluation plan," and that appraisers performing reviews ought to "have the knowledge and skills to assess compliance with the Federal Reserves appraisal rules and guidelines." At Property Valuation Group, we provide appraisal review services that are unbiased, qualified, professional and in line with the Federal Reserve's regulations.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call us today.

According to the Federal Reserve, appraisal reviews "must figure out whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the means by which the collateral valuation is acquired guarantees independence and quality." They "should also signify whether the appraisal or evaluation report is even with the engagement letter, which describes the range of the appraisal assignment." Lastly, the Federal Reserve states that "some financial institutions add typical reviews with post-funding evaluations of appraisal quality for a few of their high-risk or larger-value dealings as a means to assist in addressing valuation dilemmas."

In addition to tailoring our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are usually used for review services, and we can 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. At Property Valuation Group, we are skilled in every form of appraisal review, review procedure and the obligations of review appraisers.

We realize what the most prevalent imperfections are, particularly in our home market, as well as what constitutes a quality appraisal. We're also adequately skilled to respect that the competitors in our market are skillful in doing a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on Property Valuation Group to objectively assess appraisal reports done by others. And those others might be studying our work, too!

For professional, objective, ethical appraisal review services and independent judgments, you can depend on Property Valuation Group. Contact Property Valuation Group for more information about our qualifications, expertise and service offerings.