Qualified Appraisal Reviews with South Shore Realty Advisors, IncAccording to an announcement by the Federal Reserve, "financial institutions are required to have an effective, objective real estate appraisal and evaluation plan," and that appraisers performing reviews should "have the ability and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are unbiased, expert, professional and square with the Federal Reserve's rules, look no further than South Shore Realty Advisors, Inc. 
If you're in the need of a real estate appraisal review or have questions about an appraisal, contact South Shore Realty Advisors, Inc today. According to the Federal Reserve, appraisal reviews "must conclude whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the means by which the collateral valuation is acquired ensures independence and quality." In addition, they "must denote whether the appraisal or evaluation report is true to the engagement letter, which sets forth the range of the appraisal assignment." Last, The Federal Reserve states that "some institutions augment typical reviews with post-funding surveys of appraisal quality for any of their higher-risk or greater-value affairs as a control to aid in detecting valuation problems." In addition to coordinating our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we'll 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 South Shore Realty Advisors, Inc, we're experienced in every form of appraisal review, review procedure and the responsibilities of review appraisers. South Shore Realty Advisors, Inc realizes what the biggest imperfections are, especially in our housing market. We also know what represents a quality appraisal. Concurrently, we're amply trained to realize that the competition in our market are capable of doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can trust South Shore Realty Advisors, Inc to ethically assess appraisal reports executed by others. And those others might be examining our work, too! In short, at South Shore Realty Advisors, Inc, you can rely on our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and service offerings. |