Experienced Appraisal Reviews with Weaver Appraisal Group

As said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, independent real estate appraisal and evaluation plans," and that appraisers fulfilling reviews have to "have the proficiency and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are unbiased, efficient, professional and in accordance with the Federal Reserve's regulations, contact Weaver Appraisal Group.

As stated by the Federal Reserve, appraisal reviews "ought to verify whether the appraisal or evaluation is suitable for the transaction, the uncertainty of the transaction, and whether the practices by which the collateral valuation is obtained ensures independence and quality." In addition, they "must show whether the appraisal or evaluation report is compatible with the letter of engagement, which describes the range of the appraisal assignment." Last, The Federal Reserve says that "some institutions reinforce periodic reviews with post-funding surveys of appraisal quality for any of their higher-liability or larger-value contracts as a means to help in identifying valuation issues."

In addition to adjusting our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are mostly 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. At Weaver Appraisal Group, we're skilled in all kinds of appraisal reviews, review practices and the requirements of review appraisers.