Expert Appraisal Reviews with Astute Appraisals, Inc.

According to an announcement by the Federal Reserve, "financial institutions are required to have effective, independent real estate appraisal and evaluation programs," and that appraisers completing reviews are obligated to "have the knowledge and skillfulness to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Astute Appraisals, Inc. provides appraisal review services that are impartial, efficient, professional and compliant with the Federal Reserve's guidelines.

If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call Astute Appraisals, Inc. today.

As stated by the Federal Reserve, appraisal reviews "have to decide whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the process by which the collateral valuation is acquired ensures independence and quality." In addition, they "must denote whether the appraisal or evaluation report is consistent with the letter of engagement, which sets forth the outlook of the appraisal assignment." The Federal Reserve also says that "some banks augment routine reviews with post-funding assessments of appraisal quality for any of their high-liability or larger-value affairs as a control to assist in exposing valuation concerns."

In addition to conforming our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we'll 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 Astute Appraisals, Inc., we are experienced in every kind of appraisal review, review practice and the obligations of review appraisers.

We realize what amounts to a quality appraisal and what the most frequent defects are, particularly in our housing market. In this regard, the professionals at Astute Appraisals, Inc. are adequately experienced to know that our competition in our market are skillful in doing quality work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust Astute Appraisals, Inc. to fairly review appraisal reports completed by others. And those others may be examining our work, too!

In short, when you choose Astute Appraisals, Inc., you can count on our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact Astute Appraisals, Inc. regarding our qualifications, expertise and services offered.