Qualified Appraisal Reviews by Timeline Appraisal Services, LLCAs said in an announcement by the Federal Reserve, "financial institutions must have an effective, independent real estate appraisal and evaluation plan," and that appraisers performing reviews must "have the knowledge and skillfulness to assess compliance with the Federal Reserves appraisal rules and guidelines." For appraisal review services that are objective, qualified, professional and in accordance with the Federal Reserve's guidelines, contact Timeline Appraisal Services, LLC. 
If you're in the need of a real estate appraisal review or have questions about an appraisal, call us today. As stated by the Federal Reserve, appraisal reviews "ought to figure out whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the manner by which the collateral valuation is collected guarantees independence and quality." Moreover, they "should signify whether the appraisal or evaluation report is true to the engagement letter, which describes the scope of the appraisal assignment." Last, The Federal Reserve notes that "some financial institutions reinforce routine reviews with post-funding surveys of appraisal quality for some of their higher-liability or higher-value affairs as a means to aid in uncovering valuation problems." In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we can formulate 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 Timeline Appraisal Services, LLC, we're qualified in all types of appraisal reviews, review procedures and the requirements of review appraisers. We're aware of what the most prevalent deficiencies are, especially in our home market. We also understand what constitutes a quality appraisal. Concurrently, we're trained enough to identify that our competitors in our market are capable of good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can trust us to ethically evaluate appraisal reports performed by others. And those others might be evaluating our work, too! For professional, objective, ethical appraisal review services and honest judgments, you can rely on Timeline Appraisal Services, LLC. Contact Timeline Appraisal Services, LLC for more information about our qualifications, expertise and service offerings. |