Appraisal Reviews by Shamrock Appraisals, Inc.

As said in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, impartial real estate appraisal and evaluation plan," and that appraisers performing reviews have to "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are impartial, qualified, professional and compliant with the Federal Reserve's regulations, contact Shamrock Appraisals, Inc..

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact Shamrock Appraisals, Inc. today.

Appraisal reviews "should figure out whether the appraisal or evaluation is applicable for the transaction, the risk of the transaction, and whether the methods by which the collateral valuation is obtained ensures independence and quality," as stated by the Federal Reserve. Moreover, they "should indicate whether the appraisal or evaluation report is even with the engagement letter, which sets forth the extent of the appraisal assignment." The Federal Reserve also states that "some banks supplement periodic reviews with post-funding assessments of appraisal quality for a few of their high-liability or high-value affairs as a method to aid in addressing valuation disputes."

In addition to adjusting our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are typically used for review services, and we can prepare an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Shamrock Appraisals, Inc., we are skilled in every kind of appraisal review, review process and the responsibilities of review appraisers.

We are aware of what amounts to a quality appraisal and what the greatest imperfections are, particularly in our real estate market. The professionals at Shamrock Appraisals, Inc. are also experienced enough to acknowledge that our competitors in our market are capable of doing quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can trust Shamrock Appraisals, Inc. to justly look over appraisal reports completed by others. And those others could be examining our work, too!

When you choose Shamrock Appraisals, Inc., you can count on our neutral judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Shamrock Appraisals, Inc. for more information about our qualifications, expertise and services offered.