Golden Eagle Appraisers Appraisal Reviews

As stated in an announcement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers performing reviews should "have the proficiency and skills to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Golden Eagle Appraisers provides appraisal review services that are unbiased, expert, professional and in accordance with the Federal Reserve's guidelines.

The Federal Reserve says appraisal reviews "ought to find out whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the manner by which the collateral valuation is acquired guarantees independence and quality." They "must also demonstrate whether the appraisal or evaluation report is even with the letter of engagement, which describes the extent of the appraisal assignment." Last, The Federal Reserve states that "some financial institutions add typical reviews with post-funding surveys of appraisal quality for any of their high-liability or greater-value dealings as a method to assist in exposing valuation disputes."

In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are primarily used for review services, and we will formulate an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Golden Eagle Appraisers , we're qualified in all types of appraisal reviews, review processes and the responsibilities of review appraisers.