Experienced Appraisal Reviews by (208) 782-0233

As said in a statement by the Federal Reserve, "financial institutions are obligated to have an effective, independent real estate appraisal and evaluation plan," and that appraisers performing reviews ought to "have the ability and skillfulness to determine compliance with the Federal Reserves appraisal rules and guidelines." (208) 782-0233 provides appraisal review services that are impartial, qualified, professional and in line with the Federal Reserve's rules.

Appraisal reviews "must find out whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the process by which the collateral valuation is accomplished ensures independence and quality," the Federal Reserve says. They "must also announce whether the appraisal or evaluation report matches the letter of engagement, which sets forth the outlook of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions add routine reviews with post-funding assessments of appraisal quality for some of their high-liability or large-value transactions as a control to help in detecting valuation problems."

In addition to adapting our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we'll 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 (208) 782-0233, we are skilled in every type of appraisal review, review process and the obligations of review appraisers.