Helm & Assoc Inc Appraisal ReviewsAs said in a statement by the Federal Reserve, "financial institutions are obligated to have effective, objective real estate appraisal and evaluation procedures," and that appraisers doing reviews are obligated to "have the knowledge and expertise to determine compliance with the Federal Reserves appraisal rules and guidelines." Here at Helm & Assoc Inc, we provide appraisal review services that are unbiased, qualified, professional and in line with the Federal Reserve's regulations. 
If you're in the need of a real estate appraisal review or have questions about an appraisal, contact us today. As stated by the Federal Reserve, appraisal reviews "should find out 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 collected ensures independence and quality." In addition, they "should demonstrate whether the appraisal or evaluation report is even with the engagement letter, which gives an account of the scope of the appraisal assignment." The Federal Reserve also notes that "some institutions supplement typical reviews with post-funding evaluations of appraisal quality for a few of their higher-risk or greater-value transactions as a method to aid in revealing valuation complications." In addition to coordinating our work to the regulations and guidelines of our review clients, there are four Fannie Mae forms that are typically used for review services, and we can develop an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. Here at Helm & Assoc Inc, we are experienced in all types of appraisal reviews, review processes and the requirements of review appraisers. We are familiar with what the greatest inadequacies are, especially in our housing market. We also understand what amounts to a quality appraisal. The professionals at Helm & Assoc Inc are also amply trained to identify that our competitors in our market are qualified 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 us to justly valuate appraisal reports completed by others. And those others could be studying our work, too! For professional, objective, ethical appraisal review services and independent judgments, you can depend on Helm & Assoc Inc. Contact us for more information regarding our qualifications, expertise and services offered. |