Expert Appraisal Reviews with Angela Schmidt Appraisal ServicesAccording to a statement by the Federal Reserve, "financial institutions must have effective, objective real estate appraisal and evaluation programs," and that appraisers performing reviews have to "have the ability and skillfulness to assess compliance with the Federal Reserves appraisal regulations and guidelines." Here at Angela Schmidt Appraisal Services, we provide appraisal review services that are impartial, efficient, professional and in accordance with the Federal Reserve's regulations. 
If you have questions about an appraisal, or if you need a real estate appraisal review, contact Angela Schmidt Appraisal Services today. According to the Federal Reserve, appraisal reviews "have to find out whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the means by which the collateral valuation is attained guarantees independence and quality." Moreover, they "should indicate whether the appraisal or evaluation report is compatible with the engagement letter, which describes the range of the appraisal assignment." Last, The Federal Reserve says that "some banks augment regular reviews with post-funding surveys of appraisal quality for a number of their high-risk or higher-value transactions as a means to assist in exposing valuation issues." In addition to conforming our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we'll develop 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 Angela Schmidt Appraisal Services, we are experienced in every kind of appraisal review, review procedure and the requirements of review appraisers. Angela Schmidt Appraisal Services understands what the most frequent deficiencies are, particularly in our home market. We also understand what amounts to a quality appraisal. We're also trained enough to distinguish that the competitors in our market are skillful in doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on Angela Schmidt Appraisal Services to objectively examine appraisal reports done by others. And those others could be evaluating our work, too! At Angela Schmidt Appraisal Services, you can trust our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact us for more information about our qualifications, expertise and services offered. |