Appraisal Reviews by D&D Appraisals, LLC.

As stated in an announcement by the Federal Reserve, "financial institutions are required to have effective, unbiased real estate appraisal and evaluation plans," and that appraisers performing reviews must "have the knowledge and skills to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are impartial, efficient, professional and in accordance with the Federal Reserve's rules, look no further than D&D Appraisals, LLC..

Appraisal reviews "must find out whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the manners by which the collateral valuation is acquired guarantees independence and quality," according to the Federal Reserve. They "should also denote whether the appraisal or evaluation report is consistent with the engagement letter, which gives an account of the outlook of the appraisal assignment." Last, The Federal Reserve says that "some banks add periodic reviews with post-funding assessments of appraisal quality for a number of their higher-risk or larger-value contracts as a control to aid in revealing valuation disputes."

In addition to adapting our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we can 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 D&D Appraisals, LLC., we are qualified in all types of appraisal reviews, review procedures and the requirements of review appraisers.