profile picture

English French Spanish

Experienced Appraisal Reviews with Kemp Valuation Services LLC

As said in a statement by the Federal Reserve, "financial institutions must have an effective, independent real estate appraisal and evaluation program," and that appraisers fulfilling reviews have to "have the familiarity and skillfulness to assess compliance with the Federal Reserves appraisal regulations and guidelines." Here at Kemp Valuation Services LLC, we provide appraisal review services that are impartial, expert, professional and in accordance with the Federal Reserve's rules.

If you have questions in reference to an appraisal, or if you're in the need of a real estate appraisal review, call us today.

The Federal Reserve says appraisal reviews "must find out whether the appraisal or evaluation is relevant for the transaction, the risk of the transaction, and whether the methods by which the collateral valuation is obtained ensures independence and quality." In addition, they "should show whether the appraisal or evaluation report matches the engagement letter, which sets forth the outlook of the appraisal assignment." Lastly, the Federal Reserve says that "some banks reinforce typical reviews with post-funding surveys of appraisal quality for some of their high-risk or greater-value transactions as a channel to aid in uncovering valuation concerns."

In addition to coordinating our work to the forms and guidelines of our review clients, there are four Fannie Mae forms that are mostly used for review services, and we'll develop 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 Kemp Valuation Services LLC, we are experienced in every form of appraisal review, review practice and the responsibilities of review appraisers.

We're aware of what the most common defects are, especially in our home market, as well as what represents a quality appraisal. Concurrently, we're trained enough to respect that our competition in our market are skillful in doing a great job. The Uniform Standards of Professional Appraisal Practice, or USPAP, govern appraisal reviews as well as appraisal reports, and you can trust Kemp Valuation Services LLC to objectively valuate appraisal reports performed by others. And those others may be reviewing our work, too!

In short, at Kemp Valuation Services LLC, you can have confidence in our honest judgment, because we offer professional, impartial, ethical appraisal review services for our customers. Contact us for more information about our qualifications, expertise and services offered.