Experienced Appraisal Reviews with Tight & Right Real Estate Valuation

As said in a statement by the Federal Reserve, "financial institutions are required to have an effective, objective real estate appraisal and evaluation program," and that appraisers performing reviews ought to "have the familiarity and skillfulness to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are impartial, qualified, professional and in accordance with the Federal Reserve's rules, look no further than Tight & Right Real Estate Valuation.

If you have questions regarding an appraisal, or if you're in the need of a real estate appraisal review, contact Tight & Right Real Estate Valuation today.

Appraisal reviews "have to verify whether the appraisal or evaluation is fitting for the transaction, the liability of the transaction, and whether the procedures by which the collateral valuation is attained guarantees independence and quality," the Federal Reserve says. In addition, they "should denote whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the outlook of the appraisal assignment." Lastly, the Federal Reserve notes that "some institutions supplement routine reviews with post-funding surveys of appraisal quality for some of their high-liability or larger-value dealings as a way to aid in identifying valuation disputes."

In addition to conforming our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are primarily 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 Tight & Right Real Estate Valuation, we are trained in every type of appraisal review, review process and the responsibilities of review appraisers.

We are familiar with what the most frequent deficiencies are, particularly in our housing market, as well as what makes a quality appraisal. We're also sufficiently experienced to admit that our competition in our market are able to do quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can count on us to fairly examine appraisal reports carried out by others. And those others may be studying our work, too!

You can rely on Tight & Right Real Estate Valuation for our truthful judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Tight & Right Real Estate Valuation for more information about our qualifications, expertise and services offered.

Mortgage Calculator

$
%
%
yrs
$

Got a Question?

Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Information
Question