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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