Honesty and Integrity: Anderson Appraisal, LLC

An appraiser's main obligation is to their client. Normally, in residential practice, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has brought in to maintain independence. It's important to know that a lot of details relating to an assignment are to be shared exclusively with the appraiser's client. So, as a homeowner, if you want to obtain a copy of an appraisal report, you normally should obtain it through your lender.

Other obligations include accurate sums appropriate to the scope of the assignment, attaining and sustaining an appropriate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics is standard operating procedure for us at Anderson Appraisal, LLC.

In some cases appraisers will have fiduciary responsibilities to third parties, such as homeowners, both sellers and buyers, or others. Those third parties normally are spelled out in the appraisal assignment itself. An appraiser's fiduciary duty is only to those third parties who the appraiser knows, based on the scope of work or other written parameters of the order.

	Anderson Appraisal, LLC has worked hard for its reputation for performing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have duties outside of boundaries of with whom we share information For example, appraisers must store their work files for at least five years - something else Anderson Appraisal, LLC diligently adheres to.

When creating reports, we follow the highest ethical standards possible. Accepting assignments based on contingency fees is not something we can consider. That is, we don't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's a definite conflict of interest if an appraiser can report a larger value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") explicitly states unethical behavior as 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", 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 at ease knowing we are doing everything we can to objectively determine the home or property value.

With Anderson Appraisal, LLC, you won't have any doubts that you're receiving 100 percent ethical, honest service.