The 2010 Interagency Appraisal and Evaluation Guidelines state,
“Persons who review appraisals and evaluations should be independent of the transaction and have no direct or indirect interest, financial or otherwise, in the property or transaction, and be independent of and insulated from any influence by loan production staff. Reviewers also should possess the requisite education, expertise, and competence to perform the review commensurate with the complexity of the transaction, type of real property, and market. Further, reviewers should be capable of assessing whether the appraisal or evaluation contains sufficient information and analysis to support the institution's decision to engage in the transaction.”
“Interagency Appraisal and Evaluation Guidelines; Notice,” 75 Federal Register 237 (10 December 2010), pp. 77462.
Our process has proven successful with clients and examiners alike. We focus on the appraisal techniques, quality, and reasonableness of each individual report, while remaining independent, objective, professional, and unbiased. At ACS, we have the necessary skill set to handle all facets of commercial real estate analysis. We strive for reasonable turn times and clear communication throughout the process. Let us help you gain the necessary independence required.
We offer several other services catered to each individual project. Please give us a call or email us for further details.