For appraisal review services in Nassau, contact Fort Neck Real Estate Appraisal, Inc.

Appraisal Reviews

As said in a statement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that it's the obligation of appraisers preparing reviews to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." At Fort Neck Real Estate Appraisal, Inc., we provide appraisal review services that are impartial, expert, professional and square with the Federal Reserve's regulations.

A review appraisal should reveal: whether the original appraisal or evaluation is relevant for the transaction, the exposure inherit in the transaction, and whether the method by which the collateral valuation is acquired ensures independence and quality. They must also signify whether the appraisal or evaluation report is in line with the letter of engagement, which sets forth the depth of the appraisal assignment. Lastly, the Federal Reserve also notes that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".


	If you have questions about an appraisal, or if you need a real estate appraisal review, call Fort Neck Real Estate Appraisal, Inc. today.

In addition to adjusting our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are generally used for review services, and we can produce an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. At Fort Neck Real Estate Appraisal, Inc., we are qualified in every kind of appraisal review, review process and the responsibilities of review appraisers.

For appraisal review services in Nassau, contact Fort Neck Real Estate Appraisal, Inc. We know what the greatest reporting weaknesses are, especially in our real estate market. We also know what constitutes a quality appraisal. Concurrently, we are adequately experienced to acknowledge that the competition in our market are capable of doing a great job. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can rely on Fort Neck Real Estate Appraisal, Inc. to justly review appraisal reports done by others. And those others might be reviewing our work, too!

You can depend on Fort Neck Real Estate Appraisal, Inc. for our honest judgment, because we offer professional, objective, ethical appraisal review services for our customers. Contact Fort Neck Real Estate Appraisal, Inc. for more information regarding our qualifications, expertise and services offered.

Fort Neck Real Estate Appraisal, Inc. is a full service Residential Real Estate Appraisal Company, based in Nassau County. We are dedicated to providing quality appraisal products and services tailored to our clients needs. Founded in 2005, we specialize in single family, two to four family homes, mixed use properties and high value residential properties in Nassau, Suffolk, Kings, Queens, Westchester, Rockland, Orange, and Bronx Counties in New York.