For appraisal review services in Loudoun, contact Infinity Valuation Service

Appraisal Reviews with Infinity Valuation Services

As stated in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers fulfilling reviews are compelled to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Here at Infinity Valuation Service, we provide appraisal review services that are unbiased, expert, professional and square with the Federal Reserve's regulations.

A review appraisal should determine: whether the original appraisal or evaluation is relevant for the transaction, the exposure inherit in the transaction, and whether the process by which the property valuation is attained ensures independence and quality. The review should also demonstrate whether the appraisal or evaluation report is true to the letter of engagement, which sets forth the extent of the appraisal assignment. The Fed says that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".

If you're in the need of a real estate appraisal review or have questions in reference to an appraisal, call Infinity Valuation Services today.

In addition to adapting our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are normally used for review services, and we'll develop 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 Infinity Valuation Services, we're skilled in all kinds of appraisal reviews, review processes and the obligations of review appraisers.  

For appraisal review services in Loudoun, contact Infinity Valuation Service Infinity Valuation Services understands what represents a quality appraisal and what the greatest deficiencies are, particularly when it comes to our home market.  We're also amply trained to recognize that the competition in our market are able to do a good job.  The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on us to justly review appraisal reports done by others. And those others could be studying our work, too!  

For professional, objective, ethical appraisal review services and truthful judgments, you can depend on Infinity Valuation Services. Contact Infinity Valuation Services to learn more about our qualifications, expertise and service offerings.