Appraisal Reviews with Unlimited Appraisers Corp.

According to an announcement by the Federal Reserve, "financial institutions are obligated to have effective, unbiased real estate appraisal and evaluation plans," and that appraisers doing reviews should "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are objective, efficient, professional and in accordance with the Federal Reserve's rules, contact Unlimited Appraisers Corp..

The Federal Reserve says appraisal reviews "should find out whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the manners by which the collateral valuation is attained guarantees independence and quality." They "should also denote whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the outlook of the appraisal assignment." Lastly, the Federal Reserve states that "some financial institutions augment typical reviews with post-funding assessments of appraisal quality for a few of their higher-liability or higher-value contracts as a means to aid in discovering valuation dilemmas."

In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are widely used for review services, and we can develop 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 Unlimited Appraisers Corp., we're qualified in every type of appraisal review, review process and the obligations of review appraisers.