4Loines Real Estate Services Appraisal ReviewsAs said in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation program," and that appraisers performing reviews are obligated to "have the proficiency and skills to determine compliance with the Federal Reserves appraisal regulations and guidelines." Here at 4Loines Real Estate Services, we provide appraisal review services that are unbiased, qualified, professional and in accordance with the Federal Reserve's regulations. 
If you need a real estate appraisal review or have questions in reference to an appraisal, contact us today. As stated by the Federal Reserve, appraisal reviews "have to find out whether the appraisal or evaluation is suitable for the transaction, the danger of the transaction, and whether the means by which the collateral valuation is accomplished guarantees independence and quality." Moreover, they "must signify whether the appraisal or evaluation report is compatible with the letter of engagement, which gives an account of the extent of the appraisal assignment." The Federal Reserve also states that "some institutions supplement periodic reviews with post-funding assessments of appraisal quality for a few of their higher-risk or large-value contracts as a means to help in discovering valuation concerns." In addition to adjusting our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are widely used for review services, and we'll formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At 4Loines Real Estate Services, we are skilled in all types of appraisal reviews, review procedures and the requirements of review appraisers. We are familiar with what the most common imperfections are, particularly in our housing market, as well as what constitutes a quality appraisal. In the same regard, we are proficient enough to realize that our competitors in our market are skillful in doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust 4Loines Real Estate Services to justly valuate appraisal reports done by others. And those others could be evaluating our work, too! Here at 4Loines Real Estate Services, you can have confidence in our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact us regarding our qualifications, expertise and services offered. |