AI-RRS Designation

The AI-RRS membership designation is held by appraisers who are experienced in residential appraisal review.

These review appraisers possess experience and knowledge that give them the tools to address the issues unique to residential real property review appraisals. AI-RRS Designated members agree to adhere to the Appraisal Institute code of professional ethics and standards of professional appraisal practice, underscoring their commitment to sound and ethical professional practice. These review appraisers must stay informed of developments pertaining to review of residential real property appraisals, enabling them to provide review appraisals reflecting the latest in professional practice.

Reviews are commonly used for lenders but they can also be helpful for litigation assignments as well.  If you are headed into trial it can be a huge benefit to the attorney and their client for the opposing expert's report to be reviewed as well as the expert that you hired to be reviewed. It helps the attorney establish credibility on either side's expert's reports and will outline the good and the bad in the reports. This can help the attorney to develop effective questions when examining an expert witness.  

 

Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages