Qualified Appraisal Reviews by Carter-Hazel & Associates (404) 895-3972

As said in an announcement by the Federal Reserve, "financial institutions are required to have effective, objective real estate appraisal and evaluation programs," and that appraisers completing reviews should "have the proficiency and skillfulness to determine compliance with the Federal Reserves appraisal regulations and guidelines." Carter-Hazel & Associates (404) 895-3972 provides appraisal review services that are impartial, expert, professional and in accordance with the Federal Reserve's guidelines.

As stated by the Federal Reserve, appraisal reviews "ought to verify whether the appraisal or evaluation is relevant for the transaction, the uncertainty of the transaction, and whether the methods by which the collateral valuation is accomplished ensures independence and quality." They "should also signify whether the appraisal or evaluation report matches the letter of engagement, which gives an account of the extent of the appraisal assignment." The Federal Reserve also notes that "some banks add regular reviews with post-funding assessments of appraisal quality for any of their high-risk or higher-value affairs as a means to assist in identifying valuation complications."

In addition to conforming our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are widely used for review services, and we can 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 Carter-Hazel & Associates (404) 895-3972, we are trained in all kinds of appraisal reviews, review procedures and the requirements of review appraisers.