Martin Appraisal Co. Appraisal ReviewsAccording to an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, impartial real estate appraisal and evaluation program," and that appraisers doing reviews must "have the proficiency and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." Martin Appraisal Co. provides appraisal review services that are unbiased, expert, professional and compliant with the Federal Reserve's regulations. 
If you have questions regarding an appraisal, or if you need a real estate appraisal review, contact Martin Appraisal Co. today. The Federal Reserve says appraisal reviews "have to decide whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the method by which the collateral valuation is obtained guarantees independence and quality." In addition, they "must demonstrate whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the range of the appraisal assignment." The Federal Reserve also says that "some institutions augment routine reviews with post-funding assessments of appraisal quality for any of their higher-risk or large-value transactions as a control to assist in addressing valuation dilemmas." In addition to conforming our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we'll prepare an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Martin Appraisal Co., we are qualified in every type of appraisal review, review process and the responsibilities of review appraisers. We are aware of what makes a quality appraisal and what the greatest imperfections are, especially in our home market. In the same sense, the professionals at Martin Appraisal Co. are adequately trained to admit that the competitors in our market are skillful in doing good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on us to justly look over appraisal reports carried out by others. And those others could be evaluating our work, too! In short, when you choose Martin Appraisal Co., you can trust our neutral judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Martin Appraisal Co. to learn more about our qualifications, expertise and services offered. |