Review Appraisals

We offer you a wide variety of appraisal review products so you can choose the one that best fits your needs. We use an experienced panel appraiser familiar with the local market to complete each review appraisal; thereby, ensuring geographic competency. Each product is designed to provide the Lender/Client with a licensed appraiser’s opinion on the accuracy of the appraisal report under review.

2000 - Appraisal Field Review

This form is designed to provide the Lender/Client with a professional appraiser’s opinion on the accuracy of the appraisal report under review. As part of the assignment, a new appraiser will be engaged and complete an inspection of the subject as well as the comparable sales provided by the original appraiser. Then, based on their inspection and market research, they will determine whether or not the original opinion of value is supported. If not, they will provide their own opinion of value along with supporting comparable sales and explanation.

2000A - Two to Four Unit Residential Appraisal Field Review Report

This form is designed to provide the Lender/Client with a professional appraiser’s opinion on the accuracy of the appraisal report under review. This form is specific to the review of a 1025 – multi-family appraisal report. As part of the assignment, a new appraiser will be engaged and complete an inspection of the subject and comparable sales provided by the original appraiser. Then, based on their inspection and market research, they will determine whether or not the original opinion of value is supported. If not, they will provide their own opinion of value along with supporting comparable sales and explanation.

2006 - Appraisal Desk Review

This form is designed to analyze the appraisal report under review. The appraiser will complete a checklist to ensure accuracy and completeness. No inspection is completed. The review appraiser will indicate if the original opinion of value is supported and provide their own recommendation of value. This could be used for loan decisioning or compliance (portfolio review).