R & R Real Estate Solutions Appraisal Reviews

As said in an announcement by the Federal Reserve, "financial institutions are required to have effective, independent real estate appraisal and evaluation programs," and that appraisers doing reviews ought to "have the familiarity and skills to determine compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are objective, expert, professional and compliant with the Federal Reserve's rules, just contact R & R Real Estate Solutions.

If you have questions regarding an appraisal, or if you need a real estate appraisal review, call R & R Real Estate Solutions today.

The Federal Reserve says appraisal reviews "must conclude whether the appraisal or evaluation is suitable for the transaction, the danger of the transaction, and whether the method by which the collateral valuation is collected guarantees independence and quality." They "should also announce whether the appraisal or evaluation report is compatible with the letter of engagement, which describes the capacity of the appraisal assignment." The Federal Reserve also states that "some financial institutions reinforce typical reviews with post-funding surveys of appraisal quality for a number of their high-liability or larger-value transactions as a method to help in revealing valuation issues."


In addition to coordinating our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we will 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. At R & R Real Estate Solutions, we're experienced in every type of appraisal review, review practice and the obligations of review appraisers.

R & R Real Estate Solutions is aware of what the most frequent inadequacies are, especially in our real estate market, as well as what amounts to a quality appraisal. We're also sufficiently experienced to distinguish that our competitors in our market are able to do a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust us to objectively review appraisal reports completed by others. And those others could be reviewing our work, too!


When you choose R & R Real Estate Solutions, you can rely on our truthful judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact R & R Real Estate Solutions for more information regarding our qualifications, expertise and service offerings.

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