Horewitz Valuation Services Appraisal ReviewsAs said in a statement by the Federal Reserve, "financial institutions must have effective, unbiased real estate appraisal and evaluation programs," and that appraisers performing reviews should "have the familiarity and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." Horewitz Valuation Services provides appraisal review services that are impartial, expert, professional and compliant with the Federal Reserve's guidelines. 
If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call us today. Appraisal reviews "should figure out whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the manners by which the collateral valuation is attained guarantees independence and quality," as stated by the Federal Reserve. They "should also indicate whether the appraisal or evaluation report is compatible with the engagement letter, which describes the range of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions supplement typical reviews with post-funding surveys of appraisal quality for any of their higher-liability or higher-value dealings as a control to aid in uncovering valuation dilemmas." In addition to adapting our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are largely used for review services, and we will 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. Here at Horewitz Valuation Services, we are skilled in every type of appraisal review, review practice and the obligations of review appraisers. We are familiar with what the biggest deficiencies are, particularly in our housing market. We also know what amounts to a quality appraisal. At the same time, we are trained enough to distinguish that our competitors in our market are capable of doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can count on us to lawfully look over appraisal reports completed by others. And those others might be reviewing our work, too! You can rely on Horewitz Valuation Services for our neutral judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact Horewitz Valuation Services to learn more about our qualifications, expertise and services offered. |