Need a Second Opinion? The Value of an Independent Appraisal Review

When to Order an Appraisal Review—and Why It Matters

Sometimes, the first appraisal report isn’t the final word.

Whether you’re a homeowner, attorney, or financial professional, there are situations where it’s worth having a second set of eyes on an existing appraisal—especially if large financial decisions or legal matters are at stake. At CMP Appraisals, we offer independent appraisal review services to help protect your interests, your assets, and your peace of mind.

What Is an Appraisal Review?

An appraisal review is a detailed examination of an existing appraisal report. The goal isn’t to reappraise the property from scratch—but rather to assess whether the original report is credible, compliant, and well-supported.

Depending on the purpose, a review may involve:

  • Identifying major errors or inconsistencies

  • Verifying that comparable sales are appropriate and properly adjusted

  • Confirming the report meets USPAP and regulatory standards

  • Assessing whether the final opinion of value is well-supported

  • Highlighting any methodological or factual concerns

  • Providing clarity and guidance for next steps

Why Would You Need an Appraisal Review?

We typically perform reviews in the following scenarios:

  • A client receives a low or questionable appraisal and needs a second opinion before proceeding with a sale, refinance, or settlement.

  • Attorneys in divorce, estate, or litigation cases want to ensure the opposing valuation is fair, defensible, and free of bias.

  • Heirs, trustees, or fiduciaries need reassurance that property assets are being properly valued and represented.

  • Real estate professionals or investors want confirmation that pricing or value conclusions are in line with market data.

In all of these cases, having a qualified, impartial reviewer offers an additional layer of protection—and sometimes, it can be the difference between an accepted value and a costly dispute.

How CMP Appraisals Approaches Review Assignments

We treat appraisal reviews with the same level of diligence and professionalism as our full valuation assignments. Reviews are completed by credentialed, experienced appraisers who:

  • Understand the local market

  • Stay current with USPAP and Fannie Mae guidelines

  • Take the time to explain findings clearly and without jargon

  • Maintain strict independence and confidentiality

You’ll receive a written summary identifying any concerns, errors, or limitations within the original report, along with clear commentary on how those findings could affect the credibility of the value conclusion.

Key Takeaways

When a lot is on the line, an extra set of eyes can make all the difference. Whether you’re looking for peace of mind, protecting an asset, or preparing for negotiation or litigation, an independent appraisal review offers the clarity and support you need.

At CMP Appraisals, we’re here to make sure the professional opinion of value for property is accurate, defensible, and truly in your best interest.

Previous
Previous

Appraisal Consulting: Know Before You Build, Renovate, or Invest

Next
Next

Land Appraisals: What to Know Before You Buy, Sell, or Subdivide