Appraisal ReviewsAs said in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews must "have the familiarity and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are impartial, expert, professional and in accordance with the Federal Reserve's guidelines, look no further than Coyne Appraisal Group, LLC. 
If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, contact Coyne Appraisal Group, LLC today. The Federal Reserve says appraisal reviews "should verify whether the appraisal or evaluation is pertinent for the transaction, the risk of the transaction, and whether the method by which the collateral valuation is accomplished guarantees independence and quality." They "should also denote whether the appraisal or evaluation report is even with the engagement letter, which gives an account of the range of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions add regular reviews with post-funding surveys of appraisal quality for a number of their high-liability or larger-value contracts as a method to help in discovering valuation disputes." In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are mostly used for review services, and we will prepare an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Coyne Appraisal Group, LLC, we're skilled in every form of appraisal review, review procedure and the requirements of review appraisers. We are aware of what represents a quality appraisal and what the most common defects are, especially in our housing market. The professionals at Coyne Appraisal Group, LLC are also sufficiently skilled to distinguish that our competitors in our market are able to do quality work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Coyne Appraisal Group, LLC to lawfully examine appraisal reports performed by others. And those others could be examining our work, too! In short, at Coyne Appraisal Group, LLC, you can count on our independent judgment, because we offer professional, fair, ethical appraisal review services for our customers. Contact us regarding our qualifications, expertise and service offerings. |
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