Appraisal Reviews by Draheim Appraisal Services, LLC

As said in an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, objective real estate appraisal and evaluation program," and that appraisers completing reviews are obligated to "have the familiarity and skillfulness to determine compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are impartial, qualified, professional and square with the Federal Reserve's rules, look no further than Draheim Appraisal Services, LLC.

If you're in the need of a real estate appraisal review or have questions about an appraisal, call Draheim Appraisal Services, LLC today.

As stated by the Federal Reserve, appraisal reviews "ought to figure out whether the appraisal or evaluation is pertinent for the transaction, the liability of the transaction, and whether the process by which the collateral valuation is collected ensures independence and quality." They "must also show whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the extent of the appraisal assignment." Last, The Federal Reserve states that "some banks supplement regular reviews with post-funding evaluations of appraisal quality for some of their high-liability or greater-value transactions as a method to assist in exposing valuation complications."

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 develop an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Draheim Appraisal Services, LLC, we are trained in every kind of appraisal review, review process and the requirements of review appraisers.

We know what amounts to a quality appraisal and what the greatest inadequacies are, especially in our home market. We're also adequately skilled to recognize that our competition in our market are capable of doing good work. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust Draheim Appraisal Services, LLC to lawfully look over appraisal reports executed by others. And those others could be reviewing our work, too!

In short, at Draheim Appraisal Services, LLC, you can have confidence in our truthful judgment, because we offer professional, impartial, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and service offerings.