Best Home Appraisers
For honest and ethical appraisals, count on Andel AppraisalsAppraising is typically a long term career. Requirements to become a licensed appraiser have increased more than ever in the past. That's why it goes without question these days that real estate appraisal can certainly be called a profession rather than a trade. In our field, as with any profession, we have a strict ethical code.
We have quite a few responsibilities as appraisers, but first and foremost we answer to our clients.
Most of the time, for a normal residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client.
It's important to know that many details pertaining to an assignment are to be discussed exclusively with the appraiser's client. As
a homeowner, if you desire to review the appraisal document, you normally have to get it via your lender and not the appraiser.
Appraisers can frequently have fiduciary obligations to third parties, such as homeowners, both sellers and buyers, or others. Generally the third parties are specifically defined in the appraisal report. An appraiser's fiduciary role is only to those third parties who the appraiser knows, based on the scope of work or other things in the framework of the assignment.
Appraisers also have standards outside of boundaries of with whom we share information For example, appraisers must store their work files for at least five years - something else Andel Appraisals diligently adheres to.
We meet or exceed the industry standards and guidelines set in place for professional behavior. We refuse to accept anything less from ourselves. Doing assignments where our fee is dependent on our value conclusion is never an option. In other words, we are not able to agree to do an appraisal report and collect the fee only if the loan closes. It should be obvious that inflating a value to achieve what amounts to a bigger paycheck is unethical!
Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") also defines unethical behavior as accepting 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", or "the amount of a value opinion" as well as other situations. We diligently follow these rules to the letter which means you can be confident we are going above and beyond to get you an accurate home or property value.
As soon as you request an appraisal from Andel Appraisals, we'll make sure you're getting the professional service you deserve along with the honesty and integrity we're known for.