Appraisal reviews "should determine whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the process by which the collateral valuation is obtained ensures independence and quality," the Fed says.They "should also indicate whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the scope of the appraisal assignment."The Fed also notes that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems."

In addition to conforming my services to the forms and guidelines of my review clients, there are four Fannie Mae forms that are generally used for review services, and I can prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form.

I understand what makes a quality appraisal and what the most common deficiencies are, especially in my home market. At the same time, I recognize that competitors in my home market are capable of doing a good job! The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can depend on me to ethically evaluate appraisal reports performed by others. Those others may be reviewing my work, too! 

In short, I take considerable pride in offering professional, objective, ethical appraisal review services for my clients. Please, take a moment to browse mu entire website to learn more about the qualifications, expertise and services offered.