Quality Appraisal Reviews with Moeller Appraisal Services, Inc.

As said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, independent real estate appraisal and evaluation procedures," and that appraisers performing reviews should "have the familiarity and skills to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are independent, qualified, professional and in line with the Federal Reserve's guidelines, contact Moeller Appraisal Services, Inc..

As stated by the Federal Reserve, appraisal reviews "ought to verify whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the processes by which the collateral valuation is attained ensures independence and quality." They "must also show whether the appraisal or evaluation report matches the engagement letter, which describes the capacity of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions augment routine reviews with post-funding evaluations of appraisal quality for a number of their higher-risk or higher-value transactions as a channel to aid in detecting valuation disputes."

In addition to coordinating our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are generally 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 Moeller Appraisal Services, Inc., we're qualified in all forms of appraisal reviews, review practices and the responsibilities of review appraisers.