Qualified Appraisal Reviews with REVARI (Real Estate Valuation and Research Inc.)

As said in an announcement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers performing reviews have to "have the proficiency and skills to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are impartial, efficient, professional and compliant with the Federal Reserve's rules, look no further than REVARI (Real Estate Valuation and Research Inc.).

If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, call us today.

According to the Federal Reserve, appraisal reviews "must decide whether the appraisal or evaluation is pertinent for the transaction, the liability of the transaction, and whether the methods by which the collateral valuation is attained guarantees independence and quality." They "must also indicate whether the appraisal or evaluation report matches the letter of engagement, which describes the extent of the appraisal assignment." Last, The Federal Reserve states that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for any of their higher-liability or greater-value dealings as a way to assist in discovering valuation concerns."

In addition to coordinating our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are mostly used for review services, and we can 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. At REVARI (Real Estate Valuation and Research Inc.), we are skilled in all forms of appraisal reviews, review procedures and the requirements of review appraisers.

REVARI (Real Estate Valuation and Research Inc.) understands what the most frequent inadequacies are, specifically in our housing market. We also understand what represents a quality appraisal. At the same time, we are sufficiently skilled to know that the competitors in our market are qualified to do quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can trust us to lawfully valuate appraisal reports executed by others. And those others could be evaluating our work, too!

In short, here at REVARI (Real Estate Valuation and Research Inc.), you can count on our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact REVARI (Real Estate Valuation and Research Inc.) for more information about our qualifications, expertise and service offerings.