For appraisal review services in Forsyth, contact Davidson & Associates

Qualified Appraisal Reviews by Davidson & Associates

According to a statement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers completing reviews are obligated to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Davidson & Associates provides appraisal review services that are objective, efficient, professional and in accordance with the Federal Reserve's rules.

The purpose of appraisal reviews are to reveal: whether the original appraisal or evaluation is pertinent for the transaction, the liability inherit in the transaction, and whether the manner by which the real estate valuation is obtained ensures independence and quality. The review must also announce whether the appraisal or evaluation report is true to the engagement letter, which describes the depth of the appraisal assignment. Lastly, the Federal Reserve 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".


	If you need a real estate appraisal review or have questions in reference to an appraisal, contact Davidson & Associates today.

In addition to tailoring our work to the procedures and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we can formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Davidson & Associates, we are skilled in every form of appraisal review, review procedure and the obligations of review appraisers.

For appraisal review services in Forsyth, contact Davidson & Associates We are familiar with what represents a quality appraisal and what the most common imperfections are, specifically for reports in our local real estate market. In the same sense, we're professional enough to know that the competitors in our market are skillful in doing quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can trust us to fairly study appraisal reports done by others. And those others could be evaluating our work, too!

You can rely on Davidson & Associates for our truthful judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact us regarding our qualifications, expertise and services offered.