|
 Appraisal reviews
In the current Lending environment it is important that you can trust the appraiser's opinion of market value. Whether you are a Borrower, a Realtor, a Mortgage Broker, a Lender, or a Bank, we at PHOENIX APPRAISAL take our job as your Review Appraiser very seriously. It is our job as appraisers to continually educate ourselves in the most current appraisal techniques and to stay on top of changes in the local Real Estate market.
Here in the Rogue Valley there are many smaller market sectors that make up the whole. As local appraisers we pride ourselves on knowing what makes each smaller market in the valley tick. In the last year we have literally seen small towns buckle under the Tsunami of foreclosures. Out of the area appraisers who aren't familiar with these trends could misunderstand the sales data, or worse compare sales from nearby dissimilar market sectors and significantly over or under value a property.
It's true what you hear about small towns, everyone is your neighbor. As Real Estate professionals we are fortunate to have the Southern Oregon Multiple Listing Service to bring us together. When a local appraiser needs help comparing Apples and Oranges our Realtor colleagues are just a phone call, or email away willing to help with necessary transaction data that makes the local Appraiser the most accurate choice for your Review Appraisal.
It seems like 2009 has been a boom year for Real Estate regulations, and along with new regulations we have seen an increase in requests for Review Appraisals. Painting a credible valuation picture has been a challenging job this last couple of years and we at Phoenix Appraisal work efficiently and effectively to ensure the accuracy of your appraisal products.
Whether we are completing specialized review forms that conform to your company's needs or utilizing Fannie Mae's Review forms we at Phoenix Appraisal are committed to communicating responsively, and we consistently meet our deadlines. Included in our list of appraisal review products are Fannie Mae's Desk Review and Field Review forms, in addition to a Narrative Review report.
Our experience allows us to identify common deficiencies as well as to evaluate the quality and quantity of sales date and market analysis. As a Review Appraisal professional we look forward to the opportunity to fairly evaluate our colleagues' work, and to participate in raising the bar for appraisal quality in our local market.
|