In today's real estate market, many lenders are requiring a second opinion of value for your particular property. One type of second opinion is a desk review appraisal. The property that was appraised is analyzed by another appraiser to make sure the value used is logical and properly supported. That desk review appraisal may include comments and critiques to which the original appraiser must respond.

A desk review appraisal is especially necessary in this day and age with all of the instability in housing values due to an increasing number of foreclosures happening across the country. Desk reviews can help to verify the accuracy of an appraisal, especially since an appraisal is only a an estimate or opinion of value by the appraiser. By obtaining a desk review the lender is able to receive another opinion as to the actual value of a specific property. A desk review can be requested or required for many reasons. A few examples of these reasons could be, the value of the property seems excessive for that area, a random appraisal audit or review, problems with a specific appraiser's work in the past, and some lenders may require a desk review on every appraisal.

It is important to utilize a company that has extensive review experience in the field and on the desk.  It is also important that the reviewer has access the proper on-line tools and data sources in order to perform a quality review.  There are poor quality appraisals and there are also poorer quality reviews (The rubber stamp).  We take this role seriously as reviewers and you can count on us to provide you with the true facts.