For appraisal review services in San Diego, contact The Appraisal Firm

Expert Appraisal Reviews with The Appraisal Firm

According to a statement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that it's the obligation of appraisers fulfilling reviews to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." The Appraisal Firm provides appraisal review services that are objective, efficient, professional and compliant with the Federal Reserve's rules.

The purpose of appraisal reviews are to detect: whether the original appraisal or evaluation is suitable for the transaction, the exposure inherit in the transaction, and whether the processes by which the real estate valuation is accomplished ensures independence and quality. The review should also denote whether the appraisal or evaluation report is in line with the letter of engagement, which sets forth the depth of the appraisal assignment. Lastly, the Fed also states that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".


	If you need a real estate appraisal review or have questions regarding an appraisal, call us today.

In addition to conforming our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are mostly used for review services, and we'll formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At The Appraisal Firm, we are skilled in every form of appraisal review, review procedure and the requirements of review appraisers.

For appraisal review services in San Diego, contact The Appraisal Firm We are aware of what makes a quality appraisal and what the greatest errors are, specifically for reports in our home market. We're also experienced enough to recognize that our competitors in our market are capable of doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on us to justly look over appraisal reports done by others. And those others might be reviewing our work, too!

You can rely on The Appraisal Firm for our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact us regarding our qualifications, expertise and service offerings.