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Expert Appraisal Reviews with The August Group Inc.

As said in a statement by the Federal Reserve, "financial institutions are required to have effective, unbiased real estate appraisal and evaluation plans," and that appraisers fulfilling reviews ought to "have the ability and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." At The August Group Inc., we provide appraisal review services that are unbiased, efficient, professional and compliant with the Federal Reserve's regulations.

If you have questions regarding an appraisal, or if you need a real estate appraisal review, call The August Group Inc. today.

Appraisal reviews "have to determine whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the manner by which the collateral valuation is accomplished ensures independence and quality," the Federal Reserve says. They "should also indicate whether the appraisal or evaluation report matches the engagement letter, which gives an account of the scope of the appraisal assignment." The Federal Reserve also notes that "some institutions add typical reviews with post-funding assessments of appraisal quality for some of their high-liability or high-value transactions as a means to aid in revealing valuation problems."

In addition to adapting our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are typically used for review services, and we will 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 The August Group Inc., we're experienced in every kind of appraisal review, review procedure and the obligations of review appraisers.

We know what the biggest deficiencies are, especially in our real estate market. We also know what represents a quality appraisal. The professionals at The August Group Inc. are also amply trained to respect that our competition in our market are skillful in doing quality work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can trust us to lawfully review appraisal reports executed by others. And those others may be studying our work, too!

For professional, objective, ethical appraisal review services and neutral judgments, you can count on The August Group Inc.. Contact us regarding our qualifications, expertise and services offered.