Quality Appraisal Reviews with My Appraisals AZ LLCAccording to an announcement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation program," and that appraisers doing reviews ought to "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal rules and guidelines." Here at My Appraisals AZ LLC, we provide appraisal review services that are independent, expert, professional and compliant with the Federal Reserve's guidelines. 
If you're in the need of a real estate appraisal review or have questions in reference to an appraisal, call My Appraisals AZ LLC today. Appraisal reviews "ought to decide whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the process by which the collateral valuation is attained guarantees independence and quality," as stated by the Federal Reserve. They "must also signify whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the capacity of the appraisal assignment." The Federal Reserve also notes that "some financial institutions add typical reviews with post-funding assessments of appraisal quality for a few of their higher-liability or high-value transactions as a means to aid in identifying valuation concerns." In addition to adjusting our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are mostly used for review services, and we will formulate 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 My Appraisals AZ LLC, we are trained in every type of appraisal review, review practice and the requirements of review appraisers. My Appraisals AZ LLC understands what the most common imperfections are, particularly in our home market, as well as what makes a quality appraisal. In the same regard, we are adequately trained to distinguish that our competitors in our market are qualified to do quality 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 review appraisal reports carried out by others. And those others may be evaluating our work, too! You can rely on My Appraisals AZ LLC for our independent judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact My Appraisals AZ LLC for more information regarding our qualifications, expertise and service offerings. |