Savvy Appraisal Reviews
by Infinity Appraisal Group, LLC
 
As said in a statement by the Federal Reserve, "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers preparing reviews ought to "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." At Infinity Appraisal Group, LLC, we provide appraisal review services that are unbiased, efficient, professional and in accordance with the Federal Reserve's rules.
 
A review appraisal should pursue: whether the original appraisal or evaluation is fitting for the transaction, the liability inherit in the transaction, and whether the process by which the property valuation is accomplished ensures independence and quality. The review must also signify whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the scope of the appraisal assignment. The Federal Reserve says 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 need a real estate appraisal review or have questions regarding an appraisal, contact Infinity Appraisal Group, LLC today.
In addition to adapting our work to the practices and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we'll formulate 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 Infinity Appraisal Group, LLC, we're trained in every type of appraisal review, review procedure and the responsibilities of review appraisers.  
 
 
For appraisal review services in Miami Dade and Broward Counties, contact Infinity Appraisal Group, LLC. We are aware of what the typical report weaknesses are, particularly in our housing market, as well as what amounts to a quality appraisal.  We're also trained enough to respect that our competition in our market are capable of doing a good job.  The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can trust us to justly assess appraisal reports completed by others. And those others could be studying our work, too!  
 
You can count on Infinity Appraisal Group, LLC for our independent judgment, because we offer professional, unbiased, ethical appraisal review services for our customers. Contact us for more information regarding our qualifications, expertise and services offered.