Appraise Colorado Inc Appraisal Reviews

As stated in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, independent real estate appraisal and evaluation program," and that appraisers performing reviews are obligated to "have the knowledge and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." Appraise Colorado Inc provides appraisal review services that are impartial, qualified, professional and compliant with the Federal Reserve's rules.

If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, call Appraise Colorado Inc today.

As stated by the Federal Reserve, appraisal reviews "should find out whether the appraisal or evaluation is suitable for the transaction, the uncertainty of the transaction, and whether the actions by which the collateral valuation is obtained ensures independence and quality." They "should also show whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the scope of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions reinforce routine reviews with post-funding assessments of appraisal quality for a number of their high-risk or large-value transactions as a way to help in exposing valuation issues."

In addition to conforming our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we will 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 Appraise Colorado Inc, we are skilled in every form of appraisal review, review process and the responsibilities of review appraisers.

We are aware of what the most prevalent deficiencies are, particularly in our home market. We also understand what constitutes a quality appraisal. In the same regard, we are experienced enough to identify that our competitors in our market are able to do good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust us to ethically study appraisal reports carried out by others. And those others could be studying our work, too!

When you choose Appraise Colorado Inc, you can rely on our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact us for more information about our qualifications, expertise and services offered.