Quality Appraisal Reviews with Adamson Appraisal Co., Inc.

According to a statement by the Federal Reserve, "financial institutions are obligated to have an effective, impartial real estate appraisal and evaluation program," and that appraisers completing reviews must "have the ability and skills to evaluate compliance with the Federal Reserves appraisal rules and guidelines." Here at Adamson Appraisal Co., Inc., we provide appraisal review services that are objective, expert, professional and compliant with the Federal Reserve's rules.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, contact us today.

According to the Federal Reserve, appraisal reviews "should decide whether the appraisal or evaluation is suitable for the transaction, the risk of the transaction, and whether the processes by which the collateral valuation is acquired guarantees independence and quality." Moreover, they "must demonstrate whether the appraisal or evaluation report is true to the letter of engagement, which describes the extent of the appraisal assignment." Lastly, the Federal Reserve says that "some banks augment regular reviews with post-funding assessments of appraisal quality for a few of their higher-risk or high-value dealings as a method to assist in discovering valuation issues."

In addition to coordinating our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we can produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Adamson Appraisal Co., Inc., we are trained in all types of appraisal reviews, review processes and the responsibilities of review appraisers.

Adamson Appraisal Co., Inc. realizes what the most prevalent inadequacies are, especially in our real estate market. We also understand what amounts to a quality appraisal. The professionals at Adamson Appraisal Co., Inc. are also experienced enough to realize that our competitors in our market are capable of good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on us to justly look over appraisal reports completed by others. And those others might be evaluating our work, too!

For professional, unbiased, ethical appraisal review services and independent judgments, you can rely on Adamson Appraisal Co., Inc.. Contact Adamson Appraisal Co., Inc. regarding our qualifications, expertise and services offered.