Experienced Appraisal Reviews with Pacific Home Inspection & AppraisalAs stated in an announcement by the Federal Reserve, "financial institutions are required to have effective, objective real estate appraisal and evaluation programs," and that appraisers performing reviews must "have the ability and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." At Pacific Home Inspection & Appraisal, we provide appraisal review services that are impartial, efficient, professional and in line with the Federal Reserve's regulations. 
If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact us today. According to the Federal Reserve, appraisal reviews "should find out whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the method by which the collateral valuation is acquired guarantees independence and quality." Moreover, they "must show whether the appraisal or evaluation report is compatible with the letter of engagement, which sets forth the outlook of the appraisal assignment." The Federal Reserve also states that "some institutions reinforce periodic reviews with post-funding surveys of appraisal quality for a number of their higher-risk or large-value dealings as a means to help in addressing valuation complications." In addition to conforming our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are mostly used for review services, and we will produce 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 Pacific Home Inspection & Appraisal, we're qualified in all kinds of appraisal reviews, review procedures and the responsibilities of review appraisers. We know what the most common defects are, especially in our housing market, as well as what amounts to a quality appraisal. The professionals at Pacific Home Inspection & Appraisal are also adequately trained to recognize that the competitors in our market are skillful in doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can count on us to justly valuate appraisal reports executed by others. And those others may be evaluating our work, too! At Pacific Home Inspection & Appraisal, you can rely on our neutral judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact Pacific Home Inspection & Appraisal for more information regarding our qualifications, expertise and services offered. |
Got a Question?
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.