Appraisal reviews "should determine whether the appraisal or evaluation is appropriate for the transaction, the risk of the transaction, and whether the process by which the collateral valuation is obtained ensures independence and quality," the Fed says. They "should also indicate whether the appraisal or evaluation report is consistent with the engagement letter, which sets forth the scope of the appraisal assignment." The Fed also notes 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."

In addition to conforming to your forms and guidelines for reviews, there are Fannie Mae forms that are generally used for review services for mortgage lending purposes. I can prepare an appraisal review on any of them. They include an appraisal "desk" review, a "field" review, a "short" form and a "narrative" form. I am experienced in residential, small residential income property and vacant land appraisal reviews. 

I understand what makes a quality appraisal and what the most common deficiencies are, especially in the Tucson area's real estate market. The Uniform Standards of Professional Appraisal Practice (USPAP) govern appraisal reviews as well as appraisal reports, and you can count on me to ethically evaluate appraisal reports performed by others. Those others are encouraged to review my work, too! 

In short, you can rely on my independent judgment, because I offer professional, objective, ethical appraisal review services for you.