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Qualified Appraisal Reviews with (208) 782-0233

As stated in an announcement by the Federal Reserve, "financial institutions must have effective, impartial real estate appraisal and evaluation procedures," and that appraisers performing reviews must "have the ability and skills to assess compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are objective, expert, professional and in line with the Federal Reserve's regulations, just contact (208) 782-0233.

If you're in the need of a real estate appraisal review or have questions regarding an appraisal, contact us today.

As stated by the Federal Reserve, appraisal reviews "have to conclude whether the appraisal or evaluation is suitable for the transaction, the liability of the transaction, and whether the method by which the collateral valuation is attained guarantees independence and quality." They "should also denote whether the appraisal or evaluation report is compatible with the letter of engagement, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve notes that "some banks add routine reviews with post-funding surveys of appraisal quality for any of their higher-liability or greater-value dealings as a channel to help in addressing valuation disputes."

In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are mostly used for review services, and we'll produce 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 (208) 782-0233, we're experienced in every form of appraisal review, review procedure and the obligations of review appraisers.

(208) 782-0233 knows what constitutes a quality appraisal and what the greatest defects are, especially in our housing market. In the same regard, we are skilled enough to realize that our competition in our market are capable of doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on us to justly study appraisal reports completed by others. And those others may be evaluating our work, too!

For professional, objective, ethical appraisal review services and honest judgments, you can depend on (208) 782-0233. Contact us for more information regarding our qualifications, expertise and services offered.