Appraisal Reviews with Integrated Assets

As stated in an announcement by the Federal Reserve, "financial institutions must have effective, objective real estate appraisal and evaluation procedures," and that appraisers completing reviews ought to "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." At Integrated Assets, we provide appraisal review services that are unbiased, expert, professional and in line with the Federal Reserve's rules.

If you need a real estate appraisal review or have questions about an appraisal, contact Integrated Assets today.

As stated by the Federal Reserve, appraisal reviews "must verify whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the procedure by which the collateral valuation is accomplished ensures independence and quality." They "should also signify whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the outlook of the appraisal assignment." Last, The Federal Reserve states that "some institutions reinforce periodic reviews with post-funding evaluations of appraisal quality for a few of their high-liability or high-value dealings as a way to aid in addressing valuation complications."

In addition to adjusting our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we can prepare 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 Integrated Assets, we're qualified in all forms of appraisal reviews, review processes and the requirements of review appraisers.

We are familiar with what the most prevalent weaknesses are, particularly in our housing market, as well as what represents a quality appraisal. Concurrently, we are amply trained to know that our competition in our market are capable of doing a fine job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can trust us to lawfully look over appraisal reports carried out by others. And those others could be reviewing our work, too!

At Integrated Assets, you can have confidence in our truthful judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact Integrated Assets regarding our qualifications, expertise and service offerings.