Expert Appraisal Reviews by Jackson@absolute AppraisalsAs stated in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation procedures," and that appraisers completing reviews must "have the knowledge and expertise to assess compliance with the Federal Reserves appraisal rules and guidelines." For appraisal review services that are impartial, qualified, professional and in accordance with the Federal Reserve's rules, contact Jackson@absolute Appraisals. 
If you're in the need of a real estate appraisal review or have questions in reference to an appraisal, contact Jackson@absolute Appraisals today. The Federal Reserve says appraisal reviews "have to decide whether the appraisal or evaluation is suitable for the transaction, the liability of the transaction, and whether the process by which the collateral valuation is obtained ensures independence and quality." Moreover, they "should announce whether the appraisal or evaluation report is even with the letter of engagement, which sets forth the extent of the appraisal assignment." The Federal Reserve also says that "some banks add regular reviews with post-funding assessments of appraisal quality for some of their higher-risk or high-value dealings as a way to help in revealing valuation dilemmas." In addition to adapting our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are generally 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. At Jackson@absolute Appraisals, we're experienced in every type of appraisal review, review process and the requirements of review appraisers. We realize what the greatest defects are, specifically in our home market, as well as what constitutes a quality appraisal. The professionals at Jackson@absolute Appraisals are also adequately skilled to distinguish that the competitors in our market are skillful in doing good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust us to justly look over appraisal reports executed by others. And those others might be reviewing our work, too! In short, at Jackson@absolute Appraisals, you can trust our independent judgment, because we offer professional, fair, ethical appraisal review services for our clients. Jackson@absolute Appraisals for more information about our qualifications, expertise and services offered. |