Expert Appraisal Reviews by Meador Group, Inc

As stated in an announcement by the Federal Reserve, "financial institutions must have effective, unbiased real estate appraisal and evaluation procedures," and that appraisers performing 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 independent, expert, professional and compliant with the Federal Reserve's rules, just contact Meador Group, Inc.

If you need a real estate appraisal review or have questions about an appraisal, call Meador Group, Inc today.

Appraisal reviews "ought to conclude whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the procedure by which the collateral valuation is accomplished guarantees independence and quality," according to the Federal Reserve. They "must also show whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the capacity of the appraisal assignment." Last, The Federal Reserve states that "some banks reinforce regular reviews with post-funding assessments of appraisal quality for any of their high-risk or higher-value transactions as a way to aid in exposing valuation concerns."

In addition to coordinating our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are widely 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 Meador Group, Inc, we're skilled in all forms of appraisal reviews, review procedures and the obligations of review appraisers.

We are familiar with what the biggest imperfections are, especially in our real estate market. We also know what constitutes a quality appraisal. We're also skilled enough to recognize that the competition in our market are qualified to do a good job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can count on us to objectively review appraisal reports executed by others. And those others may be reviewing our work, too!

When you choose Meador Group, Inc, you can have confidence in our neutral judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Meador Group, Inc for more information about our qualifications, expertise and services offered.