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Review Appraisals
An appraisal review, as the name indicates, is an evaluation of an appraisal report, which ensures that it complies with USPAP and is a general part of a quality control and risk management program for the lender. These reports are used to analyze the features of an appraisal report and is an independent analysis of the overall work of another appraiser.
WHY NAN?
Our Review Appraisal Team understands the specific reporting requirements for review appraisals and works with a network of review appraisers throughout the country who are highly experienced in providing independent analysis consistent with the scope of work (i.e., desk review, enhanced desk review, or field review).
Benefits
- Compliant Collateral Assessment
- Removes Uncertainty
- Mitigates Potential Bias
- Strengthens Internal Controls