For appraisal review services in Anchorage, contact Anchorage Appraisal Service

Appraisal Reviews with Anchorage Appraisal Service

As said in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers doing reviews have to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Anchorage Appraisal Service provides appraisal review services that are objective, qualified, professional and square with the Federal Reserve's guidelines.

A review appraisal should reveal: whether the original appraisal or evaluation is fitting for the transaction, the risk inherit in the transaction, and whether the means by which the property valuation is acquired guarantees independence and quality. In addition, they must denote whether the appraisal or evaluation report is true to the engagement letter, which describes the scope of the appraisal assignment. The Federal Reserve also states 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".


	If you have questions regarding an appraisal, or if you need a real estate appraisal review, call us today.

In addition to adapting our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we will 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 Anchorage Appraisal Service, we're experienced in all types of appraisal reviews, review processes and the requirements of review appraisers.

For appraisal review services in Anchorage, contact Anchorage Appraisal Service Anchorage Appraisal Service is aware of what the most common reporting imperfections are, particularly in our home market. We also know what makes a quality appraisal. We're also adequately experienced to distinguish that the competition in our market are qualified to do a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on Anchorage Appraisal Service to fairly study appraisal reports carried out by others. And those others might be studying our work, too!

At Anchorage Appraisal Service, you can count on our honest judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact Anchorage Appraisal Service to learn more about our qualifications, expertise and services offered.