Mountain Home Properties Appraisal ReviewsAccording to an announcement by the Federal Reserve, "financial institutions are required to have effective, unbiased real estate appraisal and evaluation programs," and that appraisers doing reviews should "have the familiarity and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." At Mountain Home Properties, we provide appraisal review services that are objective, qualified, professional and in accordance with the Federal Reserve's rules. 
If you have questions regarding an appraisal, or if you need a real estate appraisal review, call us today. According to the Federal Reserve, appraisal reviews "must 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 "must also demonstrate whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the scope of the appraisal assignment." The Federal Reserve also says that "some banks add periodic reviews with post-funding assessments of appraisal quality for some of their higher-risk or greater-value dealings as a means to help in addressing valuation problems." In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are primarily used for review services, and we'll formulate 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 Mountain Home Properties, we are experienced in every form of appraisal review, review process and the requirements of review appraisers. We know what the greatest defects are, particularly in our housing market. We also know what amounts to a quality appraisal. In this regard, we are amply trained to realize that the competitors in our market are skillful in doing a good job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Mountain Home Properties to fairly examine appraisal reports executed by others. And those others may be studying our work, too! When you choose Mountain Home Properties, you can trust our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and services offered. |