Appraisal Reviews by Greater Wisconsin Appraisal Management LLC

As said in a statement by the Federal Reserve, "financial institutions are obligated to have an effective, objective real estate appraisal and evaluation program," and that appraisers fulfilling reviews should "have the ability and skillfulness to assess compliance with the Federal Reserves appraisal rules and guidelines." Greater Wisconsin Appraisal Management LLC provides appraisal review services that are objective, efficient, professional and compliant with the Federal Reserve's guidelines.

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

As stated by the Federal Reserve, appraisal reviews "must figure out whether the appraisal or evaluation is well-suited for the transaction, the uncertainty of the transaction, and whether the means by which the collateral valuation is attained guarantees independence and quality." They "must also indicate whether the appraisal or evaluation report is consistent with the letter of engagement, which sets forth the capacity of the appraisal assignment." The Federal Reserve also notes that "some institutions supplement typical reviews with post-funding surveys of appraisal quality for a few of their high-risk or larger-value contracts as a control to help in discovering valuation problems."

In addition to coordinating our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we'll prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Greater Wisconsin Appraisal Management LLC, we're skilled in every type of appraisal review, review process and the requirements of review appraisers.

We understand what the most common inadequacies are, particularly in our housing market. We also understand what amounts to a quality appraisal. In this regard, the professionals at Greater Wisconsin Appraisal Management LLC are sufficiently trained to identify that the competition in our market are skillful in doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Greater Wisconsin Appraisal Management LLC to justly review appraisal reports performed by others. And those others might be evaluating our work, too!

You can trust Greater Wisconsin Appraisal Management LLC for our neutral judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact Greater Wisconsin Appraisal Management LLC regarding our qualifications, expertise and services offered.

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