Appraisal reviews "should determine 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," the Fed says. They "should also indicate whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the scope of the appraisal assignment." The Fed also notes that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems."

You know as well as we do that there are some shoddy appraisals being done in the industry--which can put your company and its reputation at risk. WE CAN SPOT THE SUBTLE INDICATORS OF POOR APPRAISAL WORK, AND WILL LET YOU KNOW QUICKLY IF AN APPRAISAL FILE DOES NOT PASS MUSTER.

On the other hand, we know that the majority of appraisers take pride in their work, and turn in USPAP compliant appraisal reports.  We also recognize that quickly, and give you the desk or field review FAST so you can proceed on the appraisal and loan file.  WE WILL HELP YOU EXPEDITE YOUR WORK BY PROVIDING FAST TURNAROUND TIMES AND CREDIBLE RESULTS.

In addition to conforming our appraisal desk & field review work to the forms and guidelines of our review clients, 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 BRADY VALUATION GROUP (801) 557-8439, we are experienced in all types of appraisal reviews, review procedures and the responsibilities of review appraisers. 

We understand what makes a quality appraisal and what the most common deficiencies are, especially in our home market  Of Utah. At the same time, we are professional enough to recognize that our competitors in our market are capable of doing a good job! The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on us to ethically evaluate appraisal reports performed by others. Those others may be reviewing our work, too! 

Here at BRADY VALUATION GROUP (801) 557-8439, you can rely on our independent judgment, because we offer professional, objective, ethical appraisal desk and field review appraisal services for our clients. Browse our website to learn more about our qualifications, expertise and appraisal review services offered.