Welcome to our website. We're the leading provider of Forensic and Retrospective Reviews and Appraisals in South Florida.

With many years of experience in the business, we have a proven track record of finding mistakes, errors, omissions, and plain fraud in past appraisals. Over 60% of all appraisals completed in South Florida from 2001 to 2007 were completed by trainee appraisers. Is this a problem? absolutely when the trainee has just completed his very first  two weeks of basic appraisal school, and sent into the field to appraise, on his or her own.

In the early 2000's a State Certified Appraiser could have up to 8 trainees working for them. Thats right 8 people for one person to train. The Florida Laws state that a trainee must stay with his or her supervisor at all times until the trainee is qualified to complete a appraisal on their own. usually 8 months to a year or more. Now remember 8 trainees, Impossible. The state changed the rule to 4 trainees back in the mid 2004 time frame, due to the fact that the trainees were being brought up before the appraisal board and found to not have the proper training, if any training at all.

A quick review, 8 Trainees, 200 to 300 orders per month, Supervisor must check all appraisals for accuracy, supervisor must be with each trainee, supervisor must check all reports, comparable's, selling dates and prices, seller concessions etc.

Hold on a minute, That's physically impossible!.

We know, That's were we come in.

We're the leader in South Florida providing retrospective and forensic reviews and appraisals.

If  you feel that your old appraisal is the cause of your present problems, you're not alone!!!

Fannie Mae is going after the banks to buy back the original loans, if they feel the original appraiser, ordered by the bank, completed an erroneous or even an outright fraudulent appraisal.  

What we do:

1 We will take apart the original appraisal, from cover to cover.

2- We will see if all comparable's used in the appraisal were the best available. We will check areas such as, date sold, price sold, seller concession given, if the sale was truly an arms length transaction, a true comparable.

3- Check for accuracy in transposing the data from the data sheets to the actual forms used by the banks, Fannie Mae etc.

4- Determine if the market was in decline, stable, or increase, and if the original appraiser adjusted properly for the condition of the market. We have seen, while completing forensic appraisal for Fannie Mae, the lack of adjustments for a declining market actually estimated the value up to 20% higher then should have been. ** many banks refused to accept any appraisal that stated, declining market or if any adjustments were made.** the appraisers were forced into changing the report or fear a loss of income through less work.

5- Make sure the adjustments were correct, Not just guess work, but proven adjustments.

6- Finally, agree or disagree with the original appraisers estimated value. You must know and remember as the home owner, the original appraiser is allowed to give his opinion of value, this is OK, except when the opinion of value was derived from fraud, errors and omissions, or not verifying data.

This is a very small expense that may help you out of you situation. if the original appraisal was completed outside of the USPAP AND FANNIE MAE standards, you and your attorney may be able to collect from the original appraisers insurance or from the bank that hired them.