Experienced Appraisal Reviews with Dawson Appraisal Inc.

According to an announcement by the Federal Reserve, "financial institutions are required to have effective, independent real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews ought to "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." If you need appraisal review services that are independent, efficient, professional and compliant with the Federal Reserve's guidelines, just contact Dawson Appraisal Inc..

Appraisal reviews "should figure out whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the methods by which the collateral valuation is accomplished ensures independence and quality," the Federal Reserve says. They "must also signify whether the appraisal or evaluation report is true to the engagement letter, which describes the range of the appraisal assignment." The Federal Reserve also notes that "some institutions reinforce periodic reviews with post-funding evaluations of appraisal quality for a few of their high-risk or high-value contracts as a channel to help in identifying valuation problems."

In addition to coordinating our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we can develop 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 Dawson Appraisal Inc., we're trained in every kind of appraisal review, review process and the obligations of review appraisers.