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Appraisal Reviews with P.M. Appraisals, Inc.

As said in a statement by the Federal Reserve, "financial institutions must have effective, independent real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews should "have the knowledge and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are unbiased, efficient, professional and square with the Federal Reserve's guidelines, look no further than P.M. Appraisals, Inc..

If you need a real estate appraisal review or have questions regarding an appraisal, contact P.M. Appraisals, Inc. today.

As stated by the Federal Reserve, appraisal reviews "must determine whether the appraisal or evaluation is suitable for the transaction, the uncertainty of the transaction, and whether the methods by which the collateral valuation is attained ensures independence and quality." They "must also show whether the appraisal or evaluation report is compatible with the engagement letter, which describes the capacity of the appraisal assignment." Lastly, the Federal Reserve says that "some financial institutions supplement routine reviews with post-funding evaluations of appraisal quality for a number of their high-risk or greater-value affairs as a way to help in discovering valuation concerns."

In addition to conforming our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we can prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At P.M. Appraisals, Inc., we are skilled in every kind of appraisal review, review procedure and the requirements of review appraisers.

We are familiar with what the biggest weaknesses are, specifically in our housing market. We also know what represents a quality appraisal. We're also experienced enough to acknowledge that the 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 trust us to objectively assess appraisal reports executed by others. And those others could be reviewing our work, too!

In short, here at P.M. Appraisals, Inc., you can rely on our truthful judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact P.M. Appraisals, Inc. for more information about our qualifications, expertise and service offerings.