Quality Appraisal Reviews with JWD APPRAISAL SERVICE, LLC.

According to an announcement by the Federal Reserve, "financial institutions are obligated to have an effective, unbiased real estate appraisal and evaluation plan," and that appraisers performing reviews have to "have the familiarity and skills to determine compliance with the Federal Reserves appraisal regulations and guidelines." If you're looking for appraisal review services that are objective, efficient, professional and in accordance with the Federal Reserve's guidelines, look no further than JWD APPRAISAL SERVICE, LLC. If you have been turned down for a loan or believe an appraisal you paid for has not been completed correctly, contact us. We can review the appraisal and give you the advice and guidance you need to correct the situation.

As stated by the Federal Reserve, appraisal reviews "should decide whether the appraisal or evaluation is well-suited for the transaction, the risk of the transaction, and whether the manners by which the collateral valuation is obtained guarantees independence and quality." In addition, they "should show whether the appraisal or evaluation report is consistent with the letter of engagement, which describes the extent of the appraisal assignment." Lastly, the Federal Reserve states that "some banks supplement regular reviews with post-funding evaluations of appraisal quality for a few of their high-risk or larger-value contracts as a control to aid in detecting valuation dilemmas."

In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are generally used for review services, and we will formulate 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 JWD APPRAISAL SERVICE, LLC., we're qualified in every kind of appraisal review, review procedure and the responsibilities of review appraisers.