Expert Appraisal Reviews with Caleb Hollis Appraisals Inc.

As said in an announcement by the Federal Reserve, "financial institutions must have effective, objective real estate appraisal and evaluation plans," and that appraisers completing reviews have to "have the ability and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you're looking for appraisal review services that are objective, qualified, professional and in line with the Federal Reserve's regulations, look no further than Caleb Hollis Appraisals Inc..

Appraisal reviews "must figure out whether the appraisal or evaluation is well-suited for the transaction, the liability of the transaction, and whether the means by which the collateral valuation is attained ensures independence and quality," as stated by the Federal Reserve. They "must also signify whether the appraisal or evaluation report is even with the engagement letter, which gives an account of the extent of the appraisal assignment." Lastly, the Federal Reserve notes that "some institutions supplement periodic reviews with post-funding evaluations of appraisal quality for some of their high-risk or large-value dealings as a means to assist in addressing valuation complications."

In addition to coordinating our work to the forms and guidelines of our review customers, there are four Fannie Mae forms that are largely used for review services, and we'll prepare 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 Caleb Hollis Appraisals Inc., we are experienced in every kind of appraisal review, review process and the requirements of review appraisers.