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Experienced Appraisal Reviews with DANIEL I KANDEL

As said in an announcement by the Federal Reserve, "financial institutions are required to have effective, impartial real estate appraisal and evaluation plans," and that appraisers doing reviews have to "have the ability and skillfulness to evaluate compliance with the Federal Reserves appraisal rules and guidelines." At DANIEL I KANDEL, we provide appraisal review services that are independent, qualified, professional and square with the Federal Reserve's guidelines.

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

Appraisal reviews "have to decide whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the processes by which the collateral valuation is acquired ensures independence and quality," the Federal Reserve says. Moreover, they "should demonstrate whether the appraisal or evaluation report is even with the engagement letter, which describes the extent of the appraisal assignment." Last, The Federal Reserve says that "some institutions reinforce typical reviews with post-funding surveys of appraisal quality for a few of their higher-risk or large-value dealings as a means to aid in addressing valuation problems."

In addition to tailoring our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are usually used for review services, and we will develop 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 DANIEL I KANDEL, we're skilled in every type of appraisal review, review procedure and the requirements of review appraisers.

DANIEL I KANDEL knows what makes a quality appraisal and what the greatest defects are, specifically in our housing market. At the same time, we're amply skilled to know that the competitors in our market are capable of a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on DANIEL I KANDEL to ethically look over appraisal reports completed by others. And those others might be examining our work, too!

For professional, objective, ethical appraisal review services and neutral judgments, you can count on DANIEL I KANDEL. Contact DANIEL I KANDEL to learn more about our qualifications, expertise and services offered.