Property Valuation Group Appraisal ReviewsAs stated in an announcement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation program," and that appraisers performing reviews have to "have the knowledge and expertise to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are impartial, qualified, professional and square with the Federal Reserve's guidelines, look no further than Property Valuation Group. ![]() If you're in the need of a real estate appraisal review or have questions regarding an appraisal, call us today. According to the Federal Reserve, appraisal reviews "ought to determine whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the procedures by which the collateral valuation is attained ensures independence and quality." In addition, they "must signify whether the appraisal or evaluation report is compatible with the engagement letter, which sets forth the outlook of the appraisal assignment." Lastly, the Federal Reserve states that "some financial institutions augment regular reviews with post-funding assessments of appraisal quality for a few of their high-risk or larger-value affairs as a way to aid in identifying valuation concerns." 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 can 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. At Property Valuation Group, we are skilled in every type of appraisal review, review process and the requirements of review appraisers. We understand what represents a quality appraisal and what the biggest weaknesses are, particularly in our real estate market. Concurrently, we're adequately experienced to admit that the competitors in our market are capable of doing good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust Property Valuation Group to ethically study appraisal reports completed by others. And those others might be examining our work, too! You can depend on Property Valuation Group for our neutral judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Property Valuation Group for more information regarding our qualifications, expertise and services offered. |