For appraisal review services in Comanche, contact Barnes Appraisal Company

Barnes Appraisal Company Appraisal Reviews

As said in an announcement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers undertaking reviews should "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Barnes Appraisal Company provides appraisal review services that are unbiased, efficient, professional and in line with the Federal Reserve's regulations.

A review appraisal should reveal: whether the original appraisal or evaluation is pertinent for the transaction, the exposure inherit in the transaction, and whether the method by which the real estate valuation is acquired guarantees independence and quality. In addition, they should demonstrate whether the appraisal or evaluation report matches the letter of engagement, which sets forth the capacity of the appraisal assignment. The Federal Reserve says that "some banks supplement routine reviews with post-funding evaluations of appraisal quality for some of their higher-risk or greater-value transactions as a control to assist in detecting valuation problems".

If you need a real estate appraisal review or have questions in reference to an appraisal, contact us today.

In addition to coordinating our work to the processes and guidelines of our review clients, there are four Fannie Mae forms that are primarily used for review services, and we'll develop an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form.  At Barnes Appraisal Company, we're trained in all forms of appraisal reviews, review practices and the obligations of review appraisers.  

For appraisal review services in Comanche, contact Barnes Appraisal Company We're aware of what the most common report imperfections are, specifically in our housing market, as well as what amounts to a quality appraisal.  The professionals at Barnes Appraisal Company are also experienced enough to recognize that the competition in our market are able to do a fine job.  The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on us to fairly look over appraisal reports completed by others. And those others may be reviewing our work, too!  

For professional, fair, ethical appraisal review services and truthful judgments, you can count on Barnes Appraisal Company. Contact us regarding our qualifications, expertise and service offerings.


Barnes Appraisal Company P.O. Box 7302 Lawton, OK 73506
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