Qualified Appraisal Reviews with Linneman Appraisals, LLCAccording to a statement by the Federal Reserve, "financial institutions are required to have an effective, independent real estate appraisal and evaluation program," and that appraisers completing reviews ought to "have the proficiency and skillfulness to determine compliance with the Federal Reserves appraisal rules and guidelines." Linneman Appraisals, LLC provides appraisal review services that are objective, efficient, professional and square with the Federal Reserve's regulations. ![]() If you need a real estate appraisal review or have questions regarding an appraisal, contact Linneman Appraisals, LLC today. Appraisal reviews "should determine whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the manners by which the collateral valuation is attained guarantees independence and quality," as stated by the Federal Reserve. In addition, they "must show whether the appraisal or evaluation report is even with the engagement letter, which describes the extent of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions add typical reviews with post-funding surveys of appraisal quality for some of their high-liability or large-value dealings as a channel to assist in discovering valuation problems." In addition to tailoring our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we will develop 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 Linneman Appraisals, LLC, we are trained in all forms of appraisal reviews, review processes and the obligations of review appraisers. Linneman Appraisals, LLC realizes what the most common defects are, especially in our housing market, as well as what amounts to a quality appraisal. In the same sense, we are skilled enough to recognize that our competitors in our market are able to do a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust us to lawfully evaluate appraisal reports executed by others. And those others could be reviewing our work, too! When you choose Linneman Appraisals, LLC, you can have confidence in our honest judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact Linneman Appraisals, LLC for more information about our qualifications, expertise and service offerings. |