Quality Appraisal Reviews with Todd Ligon (512) 784-9022

As said in an announcement by the Federal Reserve, "financial institutions are obligated to have effective, impartial real estate appraisal and evaluation programs," and that appraisers performing reviews have to "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." If you need appraisal review services that are independent, qualified, professional and in line with the Federal Reserve's regulations, just contact Todd Ligon (512) 784-9022.

Appraisal reviews "ought to decide whether the appraisal or evaluation is applicable for the transaction, the uncertainty of the transaction, and whether the procedures by which the collateral valuation is accomplished ensures independence and quality," the Federal Reserve says. Moreover, they "should signify whether the appraisal or evaluation report is consistent with the engagement letter, which gives an account of the capacity of the appraisal assignment." The Federal Reserve also states that "some financial institutions augment routine reviews with post-funding evaluations of appraisal quality for a few of their high-liability or greater-value contracts as a means to assist in uncovering valuation dilemmas."

In addition to coordinating our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are generally used for review services, and we'll 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 Todd Ligon (512) 784-9022, we are skilled in all forms of appraisal reviews, review procedures and the responsibilities of review appraisers.