Del Valle & Associates Appraisal Reviews

According to an announcement by the Federal Reserve, "financial institutions are obligated to have effective, independent real estate appraisal and evaluation procedures," and that appraisers doing reviews ought to "have the familiarity and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you need appraisal review services that are unbiased, efficient, professional and square with the Federal Reserve's guidelines, look no further than Del Valle & Associates.

The Federal Reserve says appraisal reviews "should verify whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the method by which the collateral valuation is obtained ensures independence and quality." They "must also signify whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the capacity of the appraisal assignment." Last, The Federal Reserve says that "some institutions supplement routine reviews with post-funding surveys of appraisal quality for a few of their high-risk or higher-value contracts as a way to aid in revealing valuation complications."

In addition to tailoring our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we will 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 Del Valle & Associates, we're qualified in every type of appraisal review, review procedure and the obligations of review appraisers.