Appraisal Reviews with Pollock Appraisal Group, LLCAs stated in an announcement by the Federal Reserve, "financial institutions must have effective, independent real estate appraisal and evaluation procedures," and that appraisers doing reviews are obligated to "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are objective, efficient, professional and compliant with the Federal Reserve's guidelines, look no further than Pollock Appraisal Group, LLC. ![]() If you have questions regarding an appraisal, or if you need a real estate appraisal review, call Pollock Appraisal Group, LLC today. According to the Federal Reserve, appraisal reviews "should decide whether the appraisal or evaluation is applicable for the transaction, the liability of the transaction, and whether the actions by which the collateral valuation is collected ensures independence and quality." They "must also show whether the appraisal or evaluation report is true to the engagement letter, which sets forth the range of the appraisal assignment." Last, The Federal Reserve notes that "some institutions reinforce typical reviews with post-funding evaluations of appraisal quality for a number of their higher-liability or high-value dealings as a way to help in uncovering valuation complications." In addition to adapting our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we'll produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Pollock Appraisal Group, LLC, we are skilled in every form of appraisal review, review procedure and the responsibilities of review appraisers. Pollock Appraisal Group, LLC is aware of what the most common deficiencies are, especially in our housing market, as well as what constitutes a quality appraisal. We're also trained enough to respect that our competitors in our market are skillful in doing a good job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on us to ethically study appraisal reports executed by others. And those others might be examining our work, too! In short, when you choose Pollock Appraisal Group, LLC, you can count on our neutral judgment, because we offer professional, objective, ethical appraisal review services for our clients. Contact Pollock Appraisal Group, LLC to learn more about our qualifications, expertise and service offerings. |