Experienced Appraisal Reviews with Del Valle & AssociatesAs said in an announcement by the Federal Reserve, "financial institutions must have effective, unbiased real estate appraisal and evaluation programs," and that appraisers doing reviews have to "have the ability and skillfulness to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are objective, expert, professional and square with the Federal Reserve's guidelines, just contact Del Valle & Associates. 
If you're in the need of a real estate appraisal review or have questions in reference to an appraisal, call us today. Appraisal reviews "should determine whether the appraisal or evaluation is relevant for the transaction, the danger of the transaction, and whether the manners by which the collateral valuation is attained guarantees independence and quality," according to the Federal Reserve. In addition, they "must denote whether the appraisal or evaluation report is compatible with the letter of engagement, which gives an account of the range of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions augment periodic reviews with post-funding evaluations of appraisal quality for a number of their higher-liability or larger-value affairs as a control to aid in uncovering valuation problems." In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we will produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Del Valle & Associates, we're skilled in every type of appraisal review, review procedure and the responsibilities of review appraisers. We know what makes a quality appraisal and what the most common deficiencies are, especially in our home market. The professionals at Del Valle & Associates are also trained enough to distinguish that our competition in our market are capable of doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can count on Del Valle & Associates to fairly look over appraisal reports completed by others. And those others could be evaluating our work, too! In short, when you choose Del Valle & Associates, you can count on our independent judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact Del Valle & Associates to learn more about our qualifications, expertise and services offered. |