Appraisal ReviewsAs said in a statement by the Federal Reserve, "financial institutions are required to have effective, independent real estate appraisal and evaluation programs," and that appraisers completing reviews are obligated to "have the ability and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you need appraisal review services that are impartial, expert, professional and in line with the Federal Reserve's guidelines, just contact Fusion Appraisal. 
If you're in the need of a real estate appraisal review or have questions about an appraisal, call Fusion Appraisal today. According to the Federal Reserve, appraisal reviews "have to figure out whether the appraisal or evaluation is suitable for the transaction, the danger of the transaction, and whether the means by which the collateral valuation is obtained guarantees independence and quality." In addition, they "must denote whether the appraisal or evaluation report is even with the engagement letter, which sets forth the scope of the appraisal assignment." The Federal Reserve also notes that "some institutions add typical reviews with post-funding assessments of appraisal quality for any of their high-liability or larger-value transactions as a control to assist in addressing valuation issues." In addition to tailoring our work to the regulations and guidelines of our review clients, 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. Here at Fusion Appraisal, we are qualified in every type of appraisal review, review procedure and the responsibilities of review appraisers. Fusion Appraisal knows what the most common inadequacies are, particularly in our real estate market. We also understand what amounts to a quality appraisal. In the same regard, we're amply skilled to realize that the competition in our market are skillful in doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on Fusion Appraisal to lawfully assess appraisal reports carried out by others. And those others could be examining our work, too! At Fusion Appraisal, you can trust our honest judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Fusion Appraisal regarding our qualifications, expertise and services offered. |