Experienced Appraisal Reviews by Ireland Appraisal Associates, LLC

As said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation plans," and that appraisers doing reviews ought to "have the knowledge and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." For appraisal review services that are unbiased, expert, professional and in line with the Federal Reserve's regulations, just contact Ireland Appraisal Associates, LLC.

If you're in the need of a real estate appraisal review or have questions regarding an appraisal, contact us today.

Appraisal reviews "ought to find out whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the actions by which the collateral valuation is collected guarantees independence and quality," as stated by the Federal Reserve. Moreover, they "should demonstrate whether the appraisal or evaluation report matches the engagement letter, which gives an account of the range of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions supplement typical reviews with post-funding evaluations of appraisal quality for a few of their higher-risk or greater-value affairs as a way to assist in uncovering valuation problems."

In addition to conforming our 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 will develop 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 Ireland Appraisal Associates, LLC, we are experienced in every form of appraisal review, review procedure and the requirements of review appraisers.

Ireland Appraisal Associates, LLC knows what amounts to a quality appraisal and what the biggest inadequacies are, particularly in our home market. The professionals at Ireland Appraisal Associates, LLC are also sufficiently experienced to respect that the competitors in our market are skillful in doing good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on us to objectively evaluate appraisal reports completed by others. And those others may be examining our work, too!

For professional, objective, ethical appraisal review services and truthful judgments, you can rely on Ireland Appraisal Associates, LLC. Contact Ireland Appraisal Associates, LLC to learn more about our qualifications, expertise and services offered.