Experienced Appraisal Reviews by Shamrock Appraisals, Inc.
As said in an announcement by the Federal Reserve, "financial institutions must have an effective, objective real estate appraisal and evaluation program," and that appraisers completing reviews ought to "have the knowledge and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." Here at Shamrock Appraisals, Inc., we provide appraisal review services that are impartial, expert, professional and in accordance with the Federal Reserve's regulations.
If you have questions regarding an appraisal, or if you need a real estate appraisal review, call Shamrock Appraisals, Inc. today.
According to the Federal Reserve, appraisal reviews "should find out whether the appraisal or evaluation is suitable for the transaction, the liability of the transaction, and whether the manners by which the collateral valuation is obtained guarantees independence and quality." They "must also signify whether the appraisal or evaluation report is even with the engagement letter, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve states that "some institutions reinforce typical reviews with post-funding surveys of appraisal quality for a number of their high-liability or greater-value dealings as a means to help in addressing valuation complications."
In addition to adapting our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we can 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 Shamrock Appraisals, Inc., we're qualified in every type of appraisal review, review process and the requirements of review appraisers.
Shamrock Appraisals, Inc. is aware of what the most prevalent inadequacies are, particularly in our housing market, as well as what makes a quality appraisal. We're also amply skilled to recognize that the competition in our market are capable of doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can trust Shamrock Appraisals, Inc. to justly assess appraisal reports carried out by others. And those others may be studying our work, too!
Here at Shamrock Appraisals, Inc., you can rely on our truthful judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Shamrock Appraisals, Inc. to learn more about our qualifications, expertise and services offered.