For appraisal review services in Lenoir, contact NC Appraisal Center

Expert Appraisal Reviews by
the NC Appraisal Center

As said in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers fulfilling reviews must "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Here at the NC Appraisal Center, we provide appraisal review services that are impartial, efficient, professional and in accordance with the Federal Reserve's regulations.

The purpose of appraisal reviews are to ascertain: whether the original appraisal or evaluation is relevant for the transaction, the liability inherit in the transaction, and whether the means by which the collateral valuation is attained guarantees independence and quality. In addition, they should signify whether the appraisal or evaluation report is compatible with the engagement letter, which sets forth the outlook of the appraisal assignment. Lastly, the Fed 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,
contact us today.

In addition to conforming our work to the practices and guidelines of our review customers, there are Fannie Mae forms that are typically used for review services, and we can produce an appraisal review on any one of them. They include an appraisal "desk" review and a "field" review. Here at the NC Appraisal Center, we're trained in every kind of appraisal review, review practice and the requirements of review appraisers. 

For appraisal review services in Lenoir, contact NC Appraisal Center We understand what represents a quality appraisal and what the biggest inadequacies are, particularly in our home market.  At the same time, we're skilled enough to recognize that our competition in our market are capable of doing a great job.  The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on the NC Appraisal Center to objectively study appraisal reports completed by others. And those others may be studying our work, too!  

Here at the NC Appraisal Center, you can rely on our honest judgment, because we offer professional, unbiased, ethical appraisal review services for our clients. Contact us to learn more about our qualifications, expertise and services offered.