Appraisal Reviews by Experts affiliated with We Value America, LLC

As stated in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that it's the call of appraisers fulfilling reviews to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines."

Experts affiliated with We Value America, LLC, provide appraisal review services that are objective, efficient, professional and compliant with the Federal Reserve's guidelines.

A review appraisal has to reveal: whether the original appraisal or evaluation is pertinent for the transaction, the risk inherit in the transaction, and whether the actions by which the collateral valuation is attained guarantees independence and quality. The review should also demonstrate whether the appraisal or evaluation report is compatible with the engagement letter, which gives an account of the extent of the appraisal assignment. The Fed also goes on to say that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".

	If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call us today.

In addition to tailoring their work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and most Expert Reviewers produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form.  Independent Experts affiliated with We Value America, LLC, are qualified in every form of appraisal review, review procedure and the obligations of review appraisers.  

An Expert knows what the most common report inadequacies are, especially in their local housing markets, as well as what constitutes a quality appraisal.   The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and Experts affiliated with We Value America, LLC are required to observe those official appraisal standards. 

Clients depend on the independent Experts affiliated with We Value America, LLC for their truthful, independent judgment, because they offer professional, fair, ethical appraisal review services.  Contact We Value America, LLC for more information. 

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