Experienced Appraisal Reviews by Silverpilen Corp.As said in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation program," and that appraisers doing reviews are obligated to "have the familiarity and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you need appraisal review services that are objective, expert, professional and in line with the Federal Reserve's guidelines, contact Silverpilen Corp.. ![]() If you have questions regarding an appraisal, or if you're in the need of a real estate appraisal review, call Silverpilen Corp. today. The Federal Reserve says appraisal reviews "have to figure out whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the process by which the collateral valuation is obtained ensures independence and quality." Moreover, they "should demonstrate whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the capacity of the appraisal assignment." Lastly, the Federal Reserve states that "some banks augment regular reviews with post-funding surveys of appraisal quality for a few of their high-liability or higher-value contracts as a method to help in addressing valuation issues." In addition to adjusting our work to the processes and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we can prepare 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 Silverpilen Corp., we're experienced in every kind of appraisal review, review process and the requirements of review appraisers. We are familiar with what represents a quality appraisal and what the most common imperfections are, specifically in our real estate market. We're also amply experienced to identify that the competition in our market are skillful in doing a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Silverpilen Corp. to objectively look over appraisal reports performed by others. And those others might be evaluating our work, too! For professional, unbiased, ethical appraisal review services and truthful judgments, you can rely on Silverpilen Corp.. Contact us for more information regarding our qualifications, expertise and services offered. |
Home Status Report
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