Experienced Appraisal Reviews with Mindi Kitten Appraisals

According to an announcement by the Federal Reserve, "financial institutions must have an effective, unbiased real estate appraisal and evaluation program," and that appraisers doing reviews have to "have the familiarity and expertise to evaluate compliance with the Federal Reserves appraisal regulations and guidelines." Mindi Kitten Appraisals provides appraisal review services that are impartial, efficient, professional and compliant with the Federal Reserve's regulations.

If you're in the need of a real estate appraisal review or have questions about an appraisal, call Mindi Kitten Appraisals today.

As stated by the Federal Reserve, appraisal reviews "must figure out whether the appraisal or evaluation is applicable for the transaction, the risk of the transaction, and whether the procedures by which the collateral valuation is accomplished guarantees independence and quality." In addition, they "should announce whether the appraisal or evaluation report is even with the engagement letter, which sets forth the range of the appraisal assignment." The Federal Reserve also says that "some institutions supplement routine reviews with post-funding surveys of appraisal quality for any of their high-liability or high-value affairs as a control to assist in discovering valuation concerns."

In addition to coordinating our work to the procedures and guidelines of our review customers, there are four Fannie Mae forms that are normally 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 Mindi Kitten Appraisals, we are skilled in all kinds of appraisal reviews, review procedures and the responsibilities of review appraisers.

We know what the most common defects are, specifically in our home market, as well as what makes a quality appraisal. We're also skilled enough to acknowledge that our competition in our market are qualified to do a fine job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews and appraisal reports, and you can rely on Mindi Kitten Appraisals to objectively study appraisal reports executed by others. And those others could be evaluating our work, too!

In short, here at Mindi Kitten Appraisals, you can rely on our neutral judgment, because we offer professional, fair, ethical appraisal review services for our clients. Contact Mindi Kitten Appraisals for more information regarding our qualifications, expertise and service offerings.

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