Experienced Appraisal Reviews by Appraise Colorado Inc

As said in an announcement by the Federal Reserve, "financial institutions must have effective, impartial real estate appraisal and evaluation plans," and that appraisers performing reviews should "have the knowledge and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." Appraise Colorado Inc provides appraisal review services that are unbiased, qualified, professional and in accordance with the Federal Reserve's rules.

If you have questions regarding an appraisal, or if you're in the need of a real estate appraisal review, call us today.

Appraisal reviews "must find out whether the appraisal or evaluation is applicable for the transaction, the danger of the transaction, and whether the manners by which the collateral valuation is collected guarantees independence and quality," the Federal Reserve says. They "must also show whether the appraisal or evaluation report is true to the letter of engagement, which sets forth the extent of the appraisal assignment." Lastly, the Federal Reserve says that "some institutions augment periodic reviews with post-funding assessments of appraisal quality for any of their high-liability or higher-value contracts as a channel to assist in identifying valuation problems."

In addition to conforming our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we can formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Appraise Colorado Inc, we are skilled in every kind of appraisal review, review process and the responsibilities of review appraisers.

We know what the most common defects are, specifically in our home market. We also understand what represents a quality appraisal. In the same regard, we're professional enough to know that our competition in our market are qualified to do a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on us to ethically examine appraisal reports executed by others. And those others might be evaluating our work, too!

At Appraise Colorado Inc, you can have confidence in our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Appraise Colorado Inc for more information regarding our qualifications, expertise and services offered.