Quality Appraisal Reviews with All City Appraisal

As stated in an announcement by the Federal Reserve, "financial institutions must have effective, unbiased real estate appraisal and evaluation programs," and that appraisers completing reviews ought to "have the ability and skillfulness to assess compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are objective, qualified, professional and in accordance with the Federal Reserve's guidelines, just contact All City Appraisal.

If you need a real estate appraisal review or have questions regarding an appraisal, contact All City Appraisal today.

As stated by the Federal Reserve, appraisal reviews "must determine whether the appraisal or evaluation is suitable for the transaction, the risk of the transaction, and whether the means by which the collateral valuation is collected ensures independence and quality." In addition, they "must demonstrate whether the appraisal or evaluation report is even with the engagement letter, which gives an account of the range of the appraisal assignment." Lastly, the Federal Reserve says that "some financial institutions reinforce periodic reviews with post-funding evaluations of appraisal quality for a few of their higher-risk or higher-value transactions as a control to aid in exposing valuation dilemmas."

In addition to conforming 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 will formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at All City Appraisal, we're experienced in all types of appraisal reviews, review procedures and the obligations of review appraisers.

We are aware of what amounts to a quality appraisal and what the most prevalent defects are, specifically in our home market. The professionals at All City Appraisal are also skilled enough to recognize that our competition in our market are able to do good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on All City Appraisal to justly valuate appraisal reports executed by others. And those others may be evaluating our work, too!

For professional, impartial, ethical appraisal review services and truthful judgments, you can depend on All City Appraisal. Contact us to learn more about our qualifications, expertise and service offerings.

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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages