WD Brinson & Associates Appraisal Reviews

As said in a statement by the Federal Reserve, "financial institutions are obligated to have an effective, independent real estate appraisal and evaluation program," and that appraisers performing reviews must "have the proficiency and skills to assess compliance with the Federal Reserves appraisal rules and guidelines." WD Brinson & Associates provides appraisal review services that are unbiased, efficient, professional and in accordance with the Federal Reserve's regulations.

If you need a real estate appraisal review or have questions about an appraisal, contact us today.

Appraisal reviews "must verify whether the appraisal or evaluation is applicable for the transaction, the risk of the transaction, and whether the methods by which the collateral valuation is attained guarantees independence and quality," as stated by the Federal Reserve. They "should also show whether the appraisal or evaluation report is true to the letter of engagement, which gives an account of the capacity of the appraisal assignment." Lastly, the Federal Reserve states that "some banks add periodic reviews with post-funding assessments of appraisal quality for any of their high-risk or high-value affairs as a means to assist in identifying valuation concerns."

In addition to adapting our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we can prepare 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 WD Brinson & Associates, we're trained in all types of appraisal reviews, review processes and the responsibilities of review appraisers.

WD Brinson & Associates realizes what the most frequent imperfections are, specifically in our real estate market. We also understand what constitutes a quality appraisal. In the same regard, we are trained enough to know that the competition in our market are skillful in doing a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can count on us to justly study appraisal reports executed by others. And those others could be studying our work, too!

In short, here at WD Brinson & Associates, you can have confidence in our honest judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us for more information regarding our qualifications, expertise and services offered.