Qualified Appraisal Reviews by Ruffino Appraisal Group, LLC.As said in an announcement by the Federal Reserve, "financial institutions must have an effective, impartial real estate appraisal and evaluation plan," and that appraisers completing reviews should "have the knowledge and expertise to assess compliance with the Federal Reserves appraisal regulations and guidelines." Ruffino Appraisal Group, LLC. provides appraisal review services that are impartial, expert, professional and compliant with the Federal Reserve's rules. ![]() If you have questions about an appraisal, or if you need a real estate appraisal review, call us today. According to the Federal Reserve, appraisal reviews "ought to decide whether the appraisal or evaluation is relevant for the transaction, the liability of the transaction, and whether the procedures by which the collateral valuation is collected ensures independence and quality." Moreover, they "must indicate whether the appraisal or evaluation report is even with the letter of engagement, which describes the scope of the appraisal assignment." Lastly, the Federal Reserve states that "some institutions reinforce typical reviews with post-funding evaluations of appraisal quality for a number of their higher-liability or high-value affairs as a way to aid in revealing valuation issues." In addition to adjusting our work to the regulations and guidelines of our review customers, there are four Fannie Mae forms that are typically used for review services, and we'll produce an appraisal review on any one of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Ruffino Appraisal Group, LLC., we are trained in all types of appraisal reviews, review procedures and the responsibilities of review appraisers. We are aware of what the most common weaknesses are, especially in our housing market. We also understand what amounts to a quality appraisal. The professionals at Ruffino Appraisal Group, LLC. are also experienced enough to acknowledge that our competitors in our market are capable of doing good work. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews and appraisal reports, and you can rely on us to justly review appraisal reports carried out by others. And those others may be evaluating our work, too! For professional, fair, ethical appraisal review services and honest judgments, you can count on Ruffino Appraisal Group, LLC.. Contact Ruffino Appraisal Group, LLC. for more information about our qualifications, expertise and service offerings. |