Experienced Appraisal Reviews by Triton Appraisal LLC

As said in an announcement by the Federal Reserve, "financial institutions are required to have an effective, unbiased real estate appraisal and evaluation program," and that appraisers completing reviews are obligated to "have the ability and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are independent, qualified, professional and square with the Federal Reserve's rules, contact Triton Appraisal LLC.

Appraisal reviews "should determine whether the appraisal or evaluation is pertinent for the transaction, the uncertainty of the transaction, and whether the means by which the collateral valuation is collected guarantees independence and quality," according to the Federal Reserve. In addition, they "should signify whether the appraisal or evaluation report is even with the engagement letter, which describes the extent of the appraisal assignment." The Federal Reserve also says that "some financial institutions add routine reviews with post-funding evaluations of appraisal quality for any of their high-risk or greater-value transactions as a method to help in revealing valuation problems."

In addition to tailoring our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are largely used for review services, and we can formulate 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 Triton Appraisal LLC, we're qualified in all kinds of appraisal reviews, review processes and the responsibilities of review appraisers.