Appraisal ReviewsAccording to a statement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers performing reviews must "have the familiarity and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are unbiased, efficient, professional and in line with the Federal Reserve's regulations, look no further than Alpine Appraisal, LLC.. ![]() If you need a real estate appraisal review or have questions in reference to an appraisal, contact us today. Appraisal reviews "ought to determine whether the appraisal or evaluation is suitable for the transaction, the danger of the transaction, and whether the processes by which the collateral valuation is attained ensures independence and quality," the Federal Reserve says. In addition, they "must denote whether the appraisal or evaluation report is even with the engagement letter, which gives an account of the scope of the appraisal assignment." Lastly, the Federal Reserve notes that "some banks supplement routine reviews with post-funding surveys of appraisal quality for a number of their higher-risk or higher-value transactions as a means to assist in revealing valuation disputes." In addition to tailoring our work to the processes and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we will prepare 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 Alpine Appraisal, LLC., we're trained in every form of appraisal review, review procedure and the requirements of review appraisers. We are familiar with what the most prevalent defects are, especially in our housing market, as well as what amounts to a quality appraisal. In this regard, we're professional enough to respect that the competitors in our market are qualified to do good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust Alpine Appraisal, LLC. to justly study appraisal reports carried out by others. And those others might be studying our work, too! At Alpine Appraisal, LLC., you can be sure of our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact Alpine Appraisal, LLC. for more information regarding our qualifications, expertise and services offered. |