Qualified Appraisal Reviews with Goedker Appraisal ServicesAs stated in an announcement by the Federal Reserve, "financial institutions are required to have an effective, objective real estate appraisal and evaluation plan," and that appraisers fulfilling reviews must "have the knowledge and skills to assess compliance with the Federal Reserves appraisal rules and guidelines." Goedker Appraisal Services provides appraisal review services that are impartial, expert, professional and compliant with the Federal Reserve's guidelines. 
If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call Goedker Appraisal Services today. According to the Federal Reserve, appraisal reviews "should decide whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the method by which the collateral valuation is attained ensures independence and quality." Moreover, they "must announce whether the appraisal or evaluation report is true to the letter of engagement, which describes the range of the appraisal assignment." Lastly, the Federal Reserve notes that "some banks supplement routine reviews with post-funding assessments of appraisal quality for any of their higher-liability or larger-value transactions as a means to aid in discovering valuation problems." In addition to adjusting our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are primarily used for review services, and we'll 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 Goedker Appraisal Services, we are skilled in all types of appraisal reviews, review practices and the obligations of review appraisers. We understand what the most frequent inadequacies are, particularly in our home market, as well as what amounts to a quality appraisal. In this regard, the professionals at Goedker Appraisal Services are sufficiently trained to distinguish that our competitors in our market are capable of doing good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Goedker Appraisal Services to ethically look over appraisal reports performed by others. And those others could be studying our work, too! In short, when you choose Goedker Appraisal Services, you can be sure of our independent judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact Goedker Appraisal Services for more information about our qualifications, expertise and service offerings. |