Qualified Appraisal Reviews by Las Vegas Appraisal Service, Inc.According to an announcement by the Federal Reserve, "financial institutions must have an effective, objective real estate appraisal and evaluation program," and that appraisers performing reviews are obligated to "have the familiarity and skillfulness to evaluate 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 regulations, contact Las Vegas Appraisal Service, Inc.. 
If you're in the need of a real estate appraisal review or have questions regarding an appraisal, call us today. According to the Federal Reserve, appraisal reviews "must decide whether the appraisal or evaluation is appropriate for the transaction, the danger of the transaction, and whether the practices by which the collateral valuation is accomplished guarantees independence and quality." In addition, they "should denote whether the appraisal or evaluation report is even with the letter of engagement, which sets forth the range of the appraisal assignment." Last, The Federal Reserve states that "some institutions augment typical reviews with post-funding evaluations of appraisal quality for a few of their higher-risk or higher-value dealings as a way to aid in detecting valuation issues." In addition to adjusting our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are mostly used for review services, and we'll 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. Here at Las Vegas Appraisal Service, Inc., we're experienced in all forms of appraisal reviews, review procedures and the obligations of review appraisers. We realize what the biggest deficiencies are, particularly in our home market, as well as what amounts to a quality appraisal. Concurrently, we are amply trained to distinguish that the competitors in our market are qualified to do good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on Las Vegas Appraisal Service, Inc. to justly examine appraisal reports executed by others. And those others could be examining our work, too! You can depend on Las Vegas Appraisal Service, Inc. for our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Las Vegas Appraisal Service, Inc. to learn more about our qualifications, expertise and services offered. |