Appraisal Reviews by Oleson Real Estate Appraisers, Inc.

As stated in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, independent real estate appraisal and evaluation plans," and that appraisers completing reviews have to "have the proficiency and skills to determine compliance with the Federal Reserves appraisal regulations and guidelines." For appraisal review services that are independent, qualified, professional and compliant with the Federal Reserve's rules, contact Oleson Real Estate Appraisers, Inc..

If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, contact Oleson Real Estate Appraisers, Inc. today.

The Federal Reserve says appraisal reviews "should conclude whether the appraisal or evaluation is applicable for the transaction, the risk of the transaction, and whether the method by which the collateral valuation is attained ensures independence and quality." They "must also signify whether the appraisal or evaluation report is even with the engagement letter, which sets forth the extent of the appraisal assignment." Lastly, the Federal Reserve says that "some banks reinforce periodic reviews with post-funding surveys of appraisal quality for a few of their high-risk or larger-value dealings as a way to assist in uncovering valuation problems."

In addition to coordinating our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are normally used for review services, and we will develop 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 Oleson Real Estate Appraisers, Inc., we're qualified in all types of appraisal reviews, review practices and the obligations of review appraisers.

We are aware of what represents a quality appraisal and what the most common inadequacies are, especially in our home market. We're also experienced enough to distinguish that the competitors in our market are capable of doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on Oleson Real Estate Appraisers, Inc. to objectively look over appraisal reports done by others. And those others could be evaluating our work, too!

In short, when you choose Oleson Real Estate Appraisers, Inc., you can trust our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact Oleson Real Estate Appraisers, Inc. regarding our qualifications, expertise and services offered.