Experienced Appraisal Reviews with Shabach Realty Services, Inc
According to a statement by the Federal Reserve, "financial institutions are obligated to have an effective, objective real estate appraisal and evaluation plan," and that appraisers doing reviews are obligated to "have the ability and skills to determine compliance with the Federal Reserves appraisal rules and guidelines." Here at Shabach Realty Services, Inc, we provide appraisal review services that are impartial, qualified, professional and in line with the Federal Reserve's guidelines.
If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, contact Shabach Realty Services, Inc today.
Appraisal reviews "should determine whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the actions by which the collateral valuation is obtained ensures independence and quality," as stated by the Federal Reserve. They "must also indicate whether the appraisal or evaluation report matches the letter of engagement, which describes the scope of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions augment regular reviews with post-funding surveys of appraisal quality for a number of their higher-risk or larger-value affairs as a method to aid in discovering valuation issues."
In addition to coordinating our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are usually used for review services, and we can 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 Shabach Realty Services, Inc, we are trained in all kinds of appraisal reviews, review processes and the responsibilities of review appraisers.
Shabach Realty Services, Inc is aware of what the most frequent imperfections are, especially in our home market. We also know what represents a quality appraisal. In this regard, we're sufficiently skilled to distinguish that our competition in our market are capable of a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Shabach Realty Services, Inc to lawfully study appraisal reports executed by others. And those others may be examining our work, too!
In short, here at Shabach Realty Services, Inc, you can have confidence in our honest judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Shabach Realty Services, Inc for more information regarding our qualifications, expertise and services offered.