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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Lender also hired a review appraiser to assess both appraisals.
"This is an issue that is larger than the individual appraiser," says Brad Hevenor, MAI, a commercial review appraiser at a financial institution in Rhode Island.
where she served as vice president, senior commercial review appraiser, commercial loan division, for the previous three years.
Christian Trabue is a member of the Appraisers Association of America and a fine art review appraiser for Enservio, a leading provider of contents claim management software, payments solutions, inventory and valuation services for property insurers.
Prior to final approval of an appraisal on large commercial loans, the appraisal is also subjected to a technical quality review, frequently handled by an internal, licensed "review appraiser."
Why didn't an underwriter or review appraiser hired by the lender flag foul-ups like these?
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.
Accetta, MAI, AI-GRS, works in Providence, Rhode Island, as a commercial review appraiser for a national bank.
A review appraiser alerted RiverBank to a problem with the appraisal of the larger property.
Steve Leone is a review appraiser for Needham, Mass.-based Enservio, an insurance software and inventory and valuation services company.