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Reviewing appraisal reports is an essential quality-control function, and today it is more important than ever. This second edition of Appraising the Appraisal provides practical instruction on the appraisal review process and helps promote greater understanding between reviewers and appraisers. Written by a seasoned professional, this useful guide describes common deficiencies in appraisal reports and offers tips for preparing careful and constructive appraisal reviews that can be applied by appraisers, lenders, and other professionals.
This edition includes updated information on scope of work and data verification and real-world examples that highlight the qualities of both effective and ineffective appraisals. A case study, handy checklists, and sample review forms are also provided.