review appraiser

review appraiser

Usually an employee of a lender or institutional purchaser,the review appraiser is responsible for checking the reports of fee appraisers to make sure they have been properly prepared and documented and do not seem out of line with the review appraiser's own estimate of property value.

References in periodicals archive ?
The Services Will Include Being The Initial Appraiser Of Property In Some Instances And Being The Review Appraiser Of The Initial Appraisal In Other Instances.
Sullivan, MAI, SRA, AI-GRS, a senior commercial review appraiser who works in the Denver office of Bank of the West.
How much they stand to collect depends on their individual policies and whether they've scheduled those collectibles, says Christian Trabue, a member of the Appraisers Association of America and a review appraiser for Enservio, a provider of software and services to property insurers.
Further, I believe that if a review appraiser were asked to perform a field review, he or she would generally concur with the quality ratings assigned to each of the comparable sales and the appraised property.
Why didn't an underwriter or review appraiser hired by the lender flag foul-ups like these?
Enio Russe-Garcia brings more than 20 years of experience in the real estate appraisal business as both a fee and bank review appraiser.
Jim Jenkins is a senior review appraiser and chief escalation specialist at AXIS Appraisal Management Solutions.
Focusing on larger parcels, uneconomic remnants, cost to cure, and severance damages, the course discusses the qualifications, roles, and responsibilities of the review appraiser from pre- to post-appraisal activities.
This time the employee was a review appraiser who alleged systematic appraisal inflation relating to FHA loans originated by Countrywide and then later by Bank of America near the peak of the mortgage bubble.
The scope of work to value the subject property needed for this project is more particularly defined in the following text: a) The review appraiser shall prepare a written report that identifies all appraisal reports reviewed and documents the findings and conclusions arrived at during the review of the appraisal.
Christian Trabue is a member of the Appraisers Association of America and a Review Appraiser for Enservio, the nation's leading provider of software and services to property insurers.
As a member of ADQC, she serves as a member of a committee working on a review appraiser designation.