For appraisal review services in Marion, contact Moore Appraisal Company

Moore Appraisal Company Appraisal Reviews

According to a statement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers producing reviews ought to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." At Moore Appraisal Company, we provide appraisal review services that are impartial, expert, professional and in accordance with the Federal Reserve's guidelines.

The purpose of appraisal reviews are to pursue: whether the original appraisal or evaluation is suitable for the transaction, the risk inherit in the transaction, and whether the methods by which the real estate valuation is acquired guarantees independence and quality. The review should also demonstrate whether the appraisal or evaluation report matches the letter of engagement, which sets forth the depth of the appraisal assignment. The Federal Reserve goes on to say 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 need a real estate appraisal review or have questions in reference to an appraisal, contact Moore Appraisal Company today.

In addition to coordinating our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are primarily used for review services, and we can 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. At Moore Appraisal Company, we are trained in every type of appraisal review, review process and the responsibilities of review appraisers.

For appraisal review services in Marion, contact Moore Appraisal Company Moore Appraisal Company is aware of what the most frequent reporting weaknesses are, especially in our home market. We also understand what amounts to a quality appraisal. In the same regard, the professionals at Moore Appraisal Company are sufficiently trained to acknowledge that the competition in our market are capable of good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on Moore Appraisal Company to lawfully study appraisal reports done by others. And those others could be evaluating our work, too!

For professional, fair, ethical appraisal review services and independent judgments, you can count on Moore Appraisal Company. Contact us for more information regarding our qualifications, expertise and service offerings.