11/25/2015· Appraisal & Valuation
Appraisal Review: Determining Whether an Appraisal is Accurate
By: Jack Young
Appraisal review raises the bar on appraisal reports by providing professional, expert review of the appraiser's qualifications, how well the report aligns with standards of appraisal practice, and whether or not the appraisal report itself makes logical sense to a trained professional. Failure of an appraisal report to meet any of these three qualifications indicates that the report under review cannot be depended upon.