Appraisal Reviews with Weaver Appraisal Group

According to an announcement by the Federal Reserve, "financial institutions are required to have an effective, objective real estate appraisal and evaluation plan," and that appraisers performing reviews are obligated to "have the familiarity and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Here at Weaver Appraisal Group, we provide appraisal review services that are independent, expert, professional and square with the Federal Reserve's regulations.

If you have questions about an appraisal, or if you need a real estate appraisal review, call Weaver Appraisal Group today.

The Federal Reserve says appraisal reviews "ought to conclude whether the appraisal or evaluation is fitting for the transaction, the uncertainty of the transaction, and whether the process by which the collateral valuation is acquired guarantees independence and quality." They "must also announce whether the appraisal or evaluation report is true to the letter of engagement, which describes the capacity of the appraisal assignment." Last, The Federal Reserve says that "some financial institutions reinforce typical reviews with post-funding surveys of appraisal quality for any of their high-liability or large-value transactions as a channel to assist in identifying valuation disputes."

In addition to tailoring 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'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 Weaver Appraisal Group, we are qualified in every type of appraisal review, review process and the obligations of review appraisers.

Weaver Appraisal Group realizes what constitutes a quality appraisal and what the biggest deficiencies are, especially in our housing market. We're also experienced enough to acknowledge that our competition in our market are skillful in doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on Weaver Appraisal Group to objectively study appraisal reports executed by others. And those others may be evaluating our work, too!

In short, at Weaver Appraisal Group, you can rely on our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us for more information about our qualifications, expertise and service offerings.