Appraisal Services, LLC Appraisal Info Client Login Contact Us Fax an Order Menu Appraiser Ethics Appraisal is a profession, and appraisers are professionals. In our field as with any profession we are bound by ethical considerations. An appraiser's primary responsibility is to his or her client. Normally, in residential practice, the appraiser's client is the lender ordering the appraisal to decide whether to make the mortgage loan. Appraisers have certain duties of confidentiality to their clients -- as a homeowner, if you want a copy of an appraisal report, you normally have to request it through your lender -- obligations of numerical accuracy depending on the assignment parameters, an obligation to attain and maintain a certain level of competency and education, and must generally conduct him or herself as a professional. Here, we take these ethical responsibilities very seriously. Appraisers may also have fiduciary obligations to third parties, such as homeowners, both buyers and sellers, or others. Those third parties normally are spelled out in the appraisal assignment itself. An appraiser's fiduciary duty is limited to those third parties who the appraiser knows, based on the scope of work or other written parameters of the assignment. There are ethical rules that have nothing to do with clients and others. Appraisers must keep their work files for a minimum of five years. We only perform to the highest ethical standards possible. We don't do assignments on contingency fees. That is, we don't agree to do an appraisal report and get paid only if the loan closes. We don't do assignments on percentage fees. That is probably the appraisal profession’s biggest no-no, because it would tend to make appraisers inflate the value of homes or properties to increase their paycheck. We don't do that. Other unethical practices may be defined by state law or professional societies to which an appraiser belongs. The Uniform Standards of Professional Appraisal Practice (USPAP) also defines as unethical the acceptance of an assignment that is contingent on "the reporting of a pre-determined result (e.g., opinion of value)," "a direction in assignment results that favors the cause of the client," "the amount of a value opinion," and other things. This means you can be assured we are working to objectively determine the home or property value. You can be assured of 100 percent ethical, professional service. Order an Appraisal Home Services FHA Approved Appraiser ethics Appraiser licensing Appraisal Reviews Assessment Appeal Services Date of Death Valuations Divorce Estate Expert Witness For FSBO's Foreclosure/REO Appraisal Partial Interest Valuation Relocation Appraisal For Homeowners Why Get Inspection Tips Inspection Video For Buyers How to Prepare Mortgage Fraud Appraisal Video Mortgage Calculators Fixed Rate Mtg Calc Rent vs Buy Calc 15 vs 30 Year Mtg Calc News FAQ Fee Quote Tell a Friend Download Adobe Acrobat Appraisal Services, LLC 102 Lincoln Ave Stamford, CT 06902-3103 Phone: (203) 977-0663 Fax: (203) 977-0689 E-mail: s+oEO8vXIC0I76gT9KEh2F4vZqKrQ08Js92IGQ58460= Contact Us | Appraisal Info | Client Login | Order an Appraisal | Inspection Tips | For Buyers | Estate | Divorce | Expert Witness | Download Adobe Acrobat | Tell a Friend | News | FAQ | For Homeowners | Why Get | Services | Home | Fixed Rate Mtg Calc | 15 vs 30 Year Mtg Calc | Rent vs Buy Calc | Mortgage Calculators | Appraisal Video | Inspection Video | Appraiser licensing | Appraiser ethics | Assessment Appeal Services | Date of Death Valuations | Appraisal Reviews | Fax an Order Copyright © 2021 Appraisal Services, LLC Portions Copyright © 2021 a la mode, inc. Another website by a la mode, inc. | Admin Login | Terms of Use | Site Map