Appraisal ReviewsAccording to a statement by the Federal Reserve, "financial institutions are required to have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers completing reviews should "have the familiarity and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Austin Metropolitan Appraisal Group, Inc. provides appraisal review services that are unbiased, expert, professional and square with the Federal Reserve's rules. 
If you need a real estate appraisal review or have questions regarding an appraisal, call Austin Metropolitan Appraisal Group, Inc. today. Appraisal reviews "ought to decide whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the manners by which the collateral valuation is accomplished ensures independence and quality," according to the Federal Reserve. In addition, they "should announce whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the outlook of the appraisal assignment." Last, The Federal Reserve says that "some financial institutions add typical reviews with post-funding surveys of appraisal quality for some of their high-risk or large-value dealings as a means to aid in discovering valuation concerns." In addition to conforming 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'll 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 Austin Metropolitan Appraisal Group, Inc., we are qualified in all kinds of appraisal reviews, review practices and the requirements of review appraisers. Austin Metropolitan Appraisal Group, Inc. is aware of what the most prevalent defects are, particularly in our real estate market. We also know what amounts to a quality appraisal. In the same regard, we're adequately skilled to respect that the competition in our market are capable of doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust Austin Metropolitan Appraisal Group, Inc. to lawfully examine appraisal reports carried out by others. And those others may be reviewing our work, too! In short, when you choose Austin Metropolitan Appraisal Group, Inc., you can count on our neutral judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact Austin Metropolitan Appraisal Group, Inc. for more information regarding our qualifications, expertise and service offerings. |