Expert Appraisal Reviews with Anderson Appraisal, LLC

As stated in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, objective real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews have to "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are independent, expert, professional and square with the Federal Reserve's regulations, look no further than Anderson Appraisal, LLC.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact Anderson Appraisal, LLC today.

Appraisal reviews "must figure out whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the processes by which the collateral valuation is accomplished guarantees independence and quality," as stated by the Federal Reserve. In addition, they "must demonstrate whether the appraisal or evaluation report is even with the engagement letter, which describes the capacity of the appraisal assignment." Last, The Federal Reserve notes that "some institutions add typical reviews with post-funding evaluations of appraisal quality for some of their higher-liability or larger-value affairs as a control to aid in uncovering valuation disputes."

In addition to coordinating our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we can produce 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 Anderson Appraisal, LLC, we are qualified in every type of appraisal review, review procedure and the requirements of review appraisers.

Anderson Appraisal, LLC knows what represents a quality appraisal and what the greatest imperfections are, particularly in our real estate market. The professionals at Anderson Appraisal, LLC are also amply trained to distinguish that our competitors in our market are capable of doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can count on us to ethically look over appraisal reports performed by others. And those others could be studying our work, too!

You can depend on Anderson Appraisal, LLC for our truthful judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact Anderson Appraisal, LLC for more information regarding our qualifications, expertise and services offered.