APPRAISAL ONE SERVICES, INC. - TAMMY MARSH Appraisal ReviewsAs stated in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers producing reviews must "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." APPRAISAL ONE SERVICES, INC. - TAMMY MARSH provides appraisal review services that are impartial, efficient, professional and compliant with the Federal Reserve's guidelines.The purpose of appraisal reviews are to determine: whether the original appraisal or evaluation is applicable for the transaction, the risk inherit in the transaction, and whether the methods by which the real estate valuation is rendered guarantees independence and quality. In addition, they must announce whether the appraisal or evaluation report is compatible with the engagement letter, which sets forth the extent of the appraisal assignment. Lastly, the Fed also goes on to say that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".
In addition to adapting our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are usually used for review services, and we can develop an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At APPRAISAL ONE SERVICES, INC. - TAMMY MARSH, we're trained in every kind of appraisal review, review procedure and the requirements of review appraisers.
In short, when you choose APPRAISAL ONE SERVICES, INC. - TAMMY MARSH, you can rely on our honest judgment, because we offer professional, objective, ethical appraisal review services for our clients. Contact APPRAISAL ONE SERVICES, INC. - TAMMY MARSH to learn more about our qualifications, expertise and services offered. |