For appraisal review services in Park, contact Centennial Appraisal Group, Inc.

Expert Appraisal Reviews by Centennial Appraisal Group, Inc.

As said in a statement by the Federal Reserve (click here), "financial institutions must have an effective, independent real estate appraisal and evaluation program" and that appraisers performing reviews should "have the knowledge and expertise to assess compliance with the Federal Reserve's appraisal regulations and guidelines." Centennial Appraisal Group, Inc. provides appraisal review services that are objective, efficient, professional and in accordance with the Federal Reserve's rules.

A review appraisal should verify: whether the original appraisal or evaluation is applicable for the transaction, the liability inherit in the transaction, and whether the means by which the collateral valuation is attained ensures independence and quality. In addition, they should indicate whether the appraisal or evaluation report is compatible with the engagement letter, which sets forth the outlook of the appraisal assignment. Lastly, the Fed states 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 have questions about an appraisal, or if you need a real estate appraisal review, contact us today.

In addition to tailoring our work to the practices and guidelines of our review customers, there are four Fannie Mae forms that are mostly used for review services, and we will 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 Centennial Appraisal Group, Inc., we are trained in every kind of appraisal review, review practice and the requirements of review appraisers.

For appraisal review services in Park, contact Centennial Appraisal Group, Inc. We know what the most frequent report deficiencies are, specifically in our housing market, as well as what constitutes a quality appraisal. We're also trained enough to recognize that our competitors in our market are able to do a good job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can rely on Centennial Appraisal Group, Inc. to ethically examine appraisal reports executed by others. And those others could be examining our work, too!

When you choose Centennial Appraisal Group, Inc., you can count on our honest judgment, because we offer professional, objective, ethical appraisal review services for our clients. Contact us regarding our qualifications, expertise and service offerings.