Quality Appraisal Reviews by Integrity AppraisalsAs stated in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers doing reviews ought to "have the familiarity and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." Integrity Appraisals provides appraisal review services that are objective, qualified, professional and compliant with the Federal Reserve's rules. 
If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call Integrity Appraisals today. Appraisal reviews "ought to verify whether the appraisal or evaluation is suitable for the transaction, the risk of the transaction, and whether the actions by which the collateral valuation is collected guarantees independence and quality," the Federal Reserve says. In addition, they "should signify whether the appraisal or evaluation report is compatible with the engagement letter, which gives an account of the scope of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions augment routine reviews with post-funding evaluations of appraisal quality for any of their higher-risk or large-value contracts as a channel to help in addressing valuation problems." In addition to adjusting our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we'll 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 Integrity Appraisals, we're qualified in all types of appraisal reviews, review procedures and the responsibilities of review appraisers. We understand what amounts to a quality appraisal and what the most frequent weaknesses are, particularly in our housing market. We're also trained enough to distinguish that our competitors in our market are able to do good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can trust Integrity Appraisals to lawfully assess appraisal reports performed by others. And those others could be examining our work, too! For professional, impartial, ethical appraisal review services and neutral judgments, you can depend on Integrity Appraisals. Contact Integrity Appraisals to learn more about our qualifications, expertise and service offerings. |