Experienced Appraisal Reviews with Ashley Urso Appraisals, LLC.

According to a statement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers performing reviews are obligated to "have the familiarity and skills to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are independent, efficient, professional and in accordance with the Federal Reserve's guidelines, look no further than Ashley Urso Appraisals, LLC.

Appraisal reviews "have to determine whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the processes by which the collateral valuation is acquired ensures independence and quality," according to the Federal Reserve. Moreover, they "must signify whether the appraisal or evaluation report matches the letter of engagement, which sets forth the outlook of the appraisal assignment." Lastly, the Federal Reserve notes that "some banks augment routine reviews with post-funding surveys of appraisal quality for any of their higher-liability or higher-value contracts as a way to assist in addressing valuation concerns."

In addition to coordinating our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we can 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. Here at Ashley Urso Appraisals, LLC., we are trained in all types of appraisal reviews, review procedures and the obligations of review appraisers.