Experienced Appraisal Reviews by American Appraisal, Inc.

According to a statement by the Federal Reserve, "financial institutions are obligated to have an effective, objective real estate appraisal and evaluation program," and that appraisers performing reviews are obligated to "have the familiarity and expertise to assess compliance with the Federal Reserves appraisal regulations and guidelines." Here at American Appraisal, Inc., we provide appraisal review services that are objective, efficient, professional and in line with the Federal Reserve's guidelines.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact American Appraisal, Inc. today.

The Federal Reserve says appraisal reviews "should conclude whether the appraisal or evaluation is relevant for the transaction, the liability of the transaction, and whether the practices by which the collateral valuation is acquired ensures independence and quality." In addition, they "should show whether the appraisal or evaluation report matches the letter of engagement, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions augment regular reviews with post-funding surveys of appraisal quality for a number of their high-liability or large-value transactions as a means to assist in discovering valuation problems."

In addition to adjusting our work to the processes and guidelines of our review customers, there are four Fannie Mae forms that are primarily used for review services, and we'll develop 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 American Appraisal, Inc., we're experienced in all types of appraisal reviews, review procedures and the responsibilities of review appraisers.

American Appraisal, Inc. realizes what makes a quality appraisal and what the most common weaknesses are, specifically in our real estate market. The professionals at American Appraisal, Inc. are also sufficiently trained to distinguish that our competition 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 us to justly review appraisal reports executed by others. And those others might be examining our work, too!

For professional, impartial, ethical appraisal review services and truthful judgments, you can count on American Appraisal, Inc.. Contact American Appraisal, Inc. regarding our qualifications, expertise and services offered.