Qualified Appraisal Reviews by Urbano Appraisal ServicesAccording to an announcement by the Federal Reserve, "financial institutions must have effective, objective real estate appraisal and evaluation programs," and that appraisers doing reviews have to "have the knowledge and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Urbano Appraisal Services provides appraisal review services that are unbiased, qualified, professional and in line with the Federal Reserve's guidelines. 
If you have questions about an appraisal, or if you need a real estate appraisal review, call Urbano Appraisal Services today. The Federal Reserve says appraisal reviews "have to decide whether the appraisal or evaluation is suitable for the transaction, the uncertainty of the transaction, and whether the manners by which the collateral valuation is acquired guarantees independence and quality." Moreover, they "should announce whether the appraisal or evaluation report is compatible with the letter of engagement, which gives an account of the outlook of the appraisal assignment." The Federal Reserve also states that "some institutions augment regular reviews with post-funding surveys of appraisal quality for a number of their high-liability or larger-value affairs as a control to aid in exposing valuation dilemmas." In addition to tailoring our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are widely used for review services, and we will develop 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 Urbano Appraisal Services, we're qualified in every form of appraisal review, review procedure and the requirements of review appraisers. We understand what represents a quality appraisal and what the most prevalent deficiencies are, specifically in our housing market. In this regard, the professionals at Urbano Appraisal Services are amply skilled to recognize that our 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 count on us to lawfully review appraisal reports performed by others. And those others may be studying our work, too! Here at Urbano Appraisal Services, you can count on our truthful judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Urbano Appraisal Services to learn more about our qualifications, expertise and services offered. |