Premier Appraisals, Inc. Appraisal ReviewsAs stated in an announcement by the Federal Reserve, "financial institutions must have an effective, objective real estate appraisal and evaluation program," and that appraisers fulfilling reviews must "have the proficiency and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." Here at Premier Appraisals, Inc., we provide appraisal review services that are unbiased, expert, professional and compliant with the Federal Reserve's guidelines. 
If you need a real estate appraisal review or have questions in reference to an appraisal, contact us today. Appraisal reviews "should figure out whether the appraisal or evaluation is suitable for the transaction, the danger of the transaction, and whether the process by which the collateral valuation is collected ensures independence and quality," according to the Federal Reserve. In addition, they "should denote whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the capacity of the appraisal assignment." Lastly, the Federal Reserve states that "some institutions reinforce regular reviews with post-funding evaluations of appraisal quality for a few of their higher-liability or greater-value affairs as a method to aid in exposing valuation complications." In addition to adapting our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are largely used for review services, and we can formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Premier Appraisals, Inc., we are qualified in all kinds of appraisal reviews, review practices and the obligations of review appraisers. Premier Appraisals, Inc. understands what the biggest defects are, specifically in our housing market, as well as what represents a quality appraisal. In the same sense, we're sufficiently skilled to realize that the competitors in our market are able to do good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can count on Premier Appraisals, Inc. to lawfully look over appraisal reports performed by others. And those others could be reviewing our work, too! When you choose Premier Appraisals, Inc., you can rely on our independent judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Premier Appraisals, Inc. for more information regarding our qualifications, expertise and service offerings. |