Meitzen, LLC. Appraisal ReviewsAs stated in an announcement by the Federal Reserve, "financial institutions must have an effective, objective real estate appraisal and evaluation plan," and that appraisers performing reviews have to "have the familiarity and skills to assess compliance with the Federal Reserves appraisal regulations and guidelines." Meitzen, LLC. provides appraisal review services that are impartial, expert, professional and square with the Federal Reserve's regulations.
If you have questions in reference to an appraisal, or if you need a real estate appraisal review, call Meitzen, LLC. today. Appraisal reviews "ought to determine whether the appraisal or evaluation is pertinent for the transaction, the liability of the transaction, and whether the procedure by which the collateral valuation is attained ensures independence and quality," according to the Federal Reserve. They "must also show whether the appraisal or evaluation report is even with the letter of engagement, which describes the scope of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions augment periodic reviews with post-funding assessments of appraisal quality for a number of their high-liability or high-value transactions as a method to help in detecting valuation issues." In addition to adapting our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we can produce 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 Meitzen, LLC. , we're qualified in all forms of appraisal reviews, review processes and the obligations of review appraisers. We realize what the most common weaknesses are, particularly in our home market. We also understand what represents a quality appraisal. We're also sufficiently skilled to admit that the competition in our market are capable of a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on Meitzen, LLC. to fairly look over appraisal reports done by others. And those others may be evaluating our work, too! In short, here at Meitzen, LLC. , you can rely on our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Meitzen, LLC. for more information about our qualifications, expertise and services offered. |