Experienced Appraisal Reviews by STEVEN GIANNINI & ASSOCIATES

As said in a statement by the Federal Reserve, "financial institutions must have effective, impartial real estate appraisal and evaluation procedures," and that appraisers fulfilling reviews should "have the proficiency and expertise to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are objective, expert, professional and in line with the Federal Reserve's regulations, look no further than STEVEN GIANNINI & ASSOCIATES.

Appraisal reviews "must find out whether the appraisal or evaluation is well-suited for the transaction, the danger of the transaction, and whether the procedures by which the collateral valuation is obtained ensures independence and quality," the Federal Reserve says. They "must also show whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the scope of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions supplement routine reviews with post-funding assessments of appraisal quality for any of their higher-liability or higher-value dealings as a channel to assist in uncovering valuation disputes."

In addition to adapting our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are largely used for review services, and we'll produce 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 STEVEN GIANNINI & ASSOCIATES, we're qualified in every type of appraisal review, review process and the obligations of review appraisers.