Appraisal Reviews with Mountain Home PropertiesAccording to an announcement by the Federal Reserve, "financial institutions are required to have effective, impartial real estate appraisal and evaluation procedures," and that appraisers doing reviews have to "have the knowledge and skillfulness to assess compliance with the Federal Reserves appraisal regulations and guidelines." At Mountain Home Properties, we provide appraisal review services that are independent, qualified, professional and in line with the Federal Reserve's rules. 
If you have questions regarding an appraisal, or if you're in the need of a real estate appraisal review, call us today. The Federal Reserve says appraisal reviews "ought to decide whether the appraisal or evaluation is pertinent for the transaction, the liability of the transaction, and whether the means by which the collateral valuation is accomplished ensures independence and quality." They "should also show whether the appraisal or evaluation report is consistent with the engagement letter, which describes the capacity of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions reinforce typical reviews with post-funding evaluations of appraisal quality for some of their higher-liability or higher-value affairs as a means to help in revealing valuation disputes." In addition to conforming our work to the processes and guidelines of our review customers, there are four Fannie Mae forms that are mostly 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. At Mountain Home Properties, we are qualified in all kinds of appraisal reviews, review procedures and the responsibilities of review appraisers. We are familiar with what represents a quality appraisal and what the most common defects are, particularly in our home market. In the same regard, we're skilled enough to respect that the competitors in our market are capable of quality work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on us to justly valuate appraisal reports executed by others. And those others could be reviewing our work, too! You can rely on Mountain Home Properties for our honest judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Mountain Home Properties for more information about our qualifications, expertise and services offered. |