Experienced Appraisal Reviews with Appraise SW Florida, LLC

As said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, independent real estate appraisal and evaluation procedures," and that appraisers completing reviews ought to "have the familiarity and expertise to assess compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are objective, efficient, professional and compliant with the Federal Reserve's regulations, contact Appraise SW Florida, LLC.

Appraisal reviews "should conclude whether the appraisal or evaluation is relevant for the transaction, the uncertainty of the transaction, and whether the methods by which the collateral valuation is collected guarantees independence and quality," as stated by the Federal Reserve. They "must also signify whether the appraisal or evaluation report matches the engagement letter, which describes the range of the appraisal assignment." Last, The Federal Reserve says that "some institutions supplement routine reviews with post-funding evaluations of appraisal quality for a number of their higher-risk or larger-value affairs as a means to assist in exposing valuation complications."

In addition to adjusting our work to the procedures and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we will prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Appraise SW Florida, LLC, we're skilled in all forms of appraisal reviews, review procedures and the requirements of review appraisers.