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Qualified Appraisal Reviews with Desert Sky Appraisers

As said in a statement by the Federal Reserve, "financial institutions are required to have an effective, objective real estate appraisal and evaluation program," and that appraisers performing reviews must "have the proficiency and expertise to determine compliance with the Federal Reserves appraisal regulations and guidelines." Desert Sky Appraisers provides appraisal review services that are unbiased, expert, professional and in line with the Federal Reserve's rules.

If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call Desert Sky Appraisers today.

The Federal Reserve says appraisal reviews "should determine whether the appraisal or evaluation is relevant for the transaction, the liability of the transaction, and whether the procedure by which the collateral valuation is collected ensures independence and quality." Moreover, they "must show whether the appraisal or evaluation report is true to the letter of engagement, which describes the capacity of the appraisal assignment." Lastly, the Federal Reserve notes that "some financial institutions supplement periodic reviews with post-funding surveys of appraisal quality for some of their high-risk or larger-value dealings as a method to aid in addressing valuation problems."

In addition to tailoring our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we'll 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 Desert Sky Appraisers, we're trained in all types of appraisal reviews, review procedures and the requirements of review appraisers.

Desert Sky Appraisers realizes what the greatest weaknesses are, particularly in our real estate market. We also know what amounts to a quality appraisal. We're also skilled enough to know that our competitors in our market are skillful in doing quality work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust Desert Sky Appraisers to objectively assess appraisal reports carried out by others. And those others could be reviewing our work, too!

You can depend on Desert Sky Appraisers for our independent judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact us for more information regarding our qualifications, expertise and services offered.