Qualified Appraisal Reviews with Crowe AppraisalsAs said in an announcement by the Federal Reserve, "financial institutions are required to have effective, independent real estate appraisal and evaluation plans," and that appraisers performing reviews must "have the ability and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are unbiased, qualified, professional and compliant with the Federal Reserve's rules, contact Crowe Appraisals. 
If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call Crowe Appraisals today. According to the Federal Reserve, appraisal reviews "ought to decide whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the actions by which the collateral valuation is attained guarantees independence and quality." They "must also demonstrate whether the appraisal or evaluation report is even with the letter of engagement, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions add regular reviews with post-funding evaluations of appraisal quality for a few of their high-liability or greater-value dealings as a means to help in addressing valuation concerns." In addition to tailoring our work to the processes and guidelines of our review customers, there are four Fannie Mae forms that are generally 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. Here at Crowe Appraisals, we are experienced in all forms of appraisal reviews, review procedures and the requirements of review appraisers. We are familiar with what the most frequent inadequacies are, particularly in our housing market, as well as what makes a quality appraisal. In the same sense, we are proficient enough to distinguish that our competitors in our market are qualified to do a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust Crowe Appraisals to justly examine appraisal reports executed by others. And those others may be evaluating our work, too! In short, when you choose Crowe Appraisals, you can count on our neutral judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us regarding our qualifications, expertise and services offered. |