Appraisal reviews

A picture is worth a thousand words! We provide appraisal review services that are independent, qualified, and professional to assist with compliance with FHA, HVCC and FHFA guidelines. Many times, charts of regression analysis or historical sales or overall market activity can give a clear picture in addition to data analysis when scrutinizing an Original Appraisal Report. Appraisal reviews should determine whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the process by which the collateral valuation is obtained ensures independence and quality and should also indicate whether the appraisal or evaluation report is consistent with the scope of work. 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. We hope to help keep your or your clients' collateralization in check.

In addition to conforming our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are generally used for review services, and we can prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at On Call Appraisal Company, we can conduct all types of appraisal reviews, review procedures and the responsibilities of review appraisers. 

We understand what makes a quality appraisal and what the most common deficiencies are, both in our home market and with complex issues that you may face within the reporting itself. At the same time, we are professional enough to recognize that our competitors in our market are capable of doing a good job! The Uniform Standards of Professional Appraisal Practice (USPAP) governs appraisal reviews as well as appraisal reports and you can count on us to ethically evaluate appraisal reports performed by others. 

In short, here at On Call Appraisal Company, you can rely on our independent judgment, because we offer professional, objective, ethical appraisal review services for our clients. Browse our website to learn more about our qualifications, expertise and services offered or simply give us a call. We have a Certified Residential Appraiser and Certified Maine Assessor on staff - so we recognize both public and private mass valuation through regression analysis as empirical evidence toward market valuations and private appraising functions.