Accurate and well supported appraisals are necessary for the protection of your real estate interests. Our various report options can be tailored to your needs, while remaining competitively priced and assuring compliance with Uniform Standards of Professional Appraisal Practice (USPAP).
We perform commercial real property appraisals on a variety of property types, including warehouses, manufacturing facilities, apartments, office buildings, medical offices, shopping centers, net lease buildings, lodging facilities, mobile home parks, restaurants, automobile dealerships and special purpose properties.
According to Interagency Appraisal and Evaluation Guidelines, financial institutions are expected to maintain an appraisal review process that "provides for a comprehensive review of those appraisals supporting transactions that pose higher credit risk." Guidelines state persons who review appraisals should "possess the requisite education, expertise, and competence to perform the review commensurate with the complexity of the transaction."
In today's environment of increased regulatory scrutiny, many financial institutions do not have the resources to staff a department of qualified professionals to review appraisals for regulatory compliance or to assure they contain properly supported value conclusions.
With much of my career spent with financial institutions, I have a unique combination of banking and appraisal experience to offer lenders timely cost-effective review services, along with the feedback they need to help manage risk and provide solid documentation to comply with regulatory guidelines. As a banker, I held the positions of staff appraiser, appraisal review officer and chief appraiser, having completed thousands of reviews and participated in regulatory examinations where my reviews have been tested. As a designated MAI, I understand complex appraisal assignments and what constitutes a quality appraisal.
I would appreciate the opportunity to speak further with you regarding how Ness Associates can assist your financial institution with your appraisal review needs. A review program can be customized to meet your specific requirements. Please feel free to call with any questions.
Our primary market area for completion of commercial appraisals
includes York and Lancaster Counties.
We also complete appraisal reviews
for properties located throughout eastern Pennsylvania.
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