Tim Ferguson is a seasoned professional with over 30 years of extensive experience in residential appraisal, particularly focusing on rural properties. Currently serving as the Senior Residential Appraisal Reviewer at Atlantic Union Bank, Tim plays a pivotal role in shaping the bank’s appraisal processes and...
Tim Ferguson is a seasoned professional with over 30 years of extensive experience in residential appraisal, particularly focusing on rural properties. Currently serving as the Senior Residential Appraisal Reviewer at Atlantic Union Bank, Tim plays a pivotal role in shaping the bank’s appraisal processes and ensuring compliance with regulatory standards. His expertise is underscored by more than seven years of experience reviewing residential appraisals for Fannie Mae and various local banks, making him a trusted authority in the field.
In his current position, Tim was instrumental in establishing the Residential Real Estate Appraisal Department, where he oversees the residential appraisal ordering process across the Piedmont and Southwest regions of Virginia. His responsibilities include performing detailed technical and administrative reviews of residential real estate appraisals, ensuring they meet both Federal and State regulations as well as the bank's risk policies. Tim's keen eye for detail and comprehensive understanding of appraisal standards enable him to identify potential issues and mitigate risks effectively.
One of Tim's significant achievements includes the successful integration of appraisal processes following the merger of two banks, which streamlined operations and enhanced service delivery. His ability to navigate complex regulatory environments and his deep knowledge of appraisal methodologies make him an invaluable asset to Atlantic Union Bank. With a skill set that encompasses appraisal, land assessment, and REO properties, Tim Ferguson continues to contribute to the bank's mission of providing reliable and compliant appraisal services while fostering strong relationships within the industry.
