Experienced Appraisal Reviews by Dawson Appraisal Inc.

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 fulfilling reviews have to "have the knowledge and skills to determine compliance with the Federal Reserves appraisal rules and guidelines." Dawson Appraisal Inc. provides appraisal review services that are objective, expert, professional and in line with the Federal Reserve's rules.

If you have questions about an appraisal, or if you're in the need of a real estate appraisal review, call us today.

Appraisal reviews "must determine whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the manners by which the collateral valuation is acquired ensures independence and quality," the Federal Reserve says. They "must also announce whether the appraisal or evaluation report is consistent with the engagement letter, which gives an account of the scope of the appraisal assignment." Lastly, the Federal Reserve states that "some banks reinforce routine reviews with post-funding surveys of appraisal quality for any of their higher-risk or large-value affairs as a channel to assist in uncovering valuation concerns."

In addition to adjusting our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are normally 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 Dawson Appraisal Inc., we are skilled in all types of appraisal reviews, review practices and the responsibilities of review appraisers.

Dawson Appraisal Inc. understands what amounts to a quality appraisal and what the biggest inadequacies are, especially in our housing market. The professionals at Dawson Appraisal Inc. are also trained enough to admit that the competitors in our market are qualified to do a fine job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on Dawson Appraisal Inc. to fairly look over appraisal reports completed by others. And those others could be reviewing our work, too!

Here at Dawson Appraisal Inc., you can have confidence in our honest judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Dawson Appraisal Inc. for more information regarding our qualifications, expertise and services offered.