BOB'S APPRAISAL SERVICE upholds the highest professional ethics

An appraiser's main responsibility is to their client. Typically, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Appraisers are typically limited to only disclosing information to their clients, so as a homeowner, if you would like to review an appraisal report, you generally should obtain it via your lender and not the appraiser.

Other obligations include accurate figures appropriate to the parameters of the assignment, attaining and maintaining a certain level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics is what we do every day at BOB'S APPRAISAL SERVICE.

Appraisers can often have fiduciary obligations to third parties, including homeowners, both sellers and buyers, or others. Those third parties normally are listed in the appraisal assignment itself. An appraiser's fiduciary role is restricted to those parties who the appraiser is aware of, based on the scope of work or other things in the framework of the job.

	BOB'S APPRAISAL SERVICE has an established reputation for providing appraisals with the highest of ethics. Contact us today to learn more.

There are also ethical rules that have nothing to do with clients and others. For example, appraisers must keep their work files for at least five years - at BOB'S APPRAISAL SERVICE you can rest assured that we stick to that rule.

When working on an appraisal, we follow the highest ethical standards possible. Working on orders based on contingency fees is not something we can consider. That means we are not able to 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 greater value and then get paid more money! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") explicitly states a violation in ethics 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" in addition to other situations We diligently follow these rules to the letter which means you can be confident we are doing everything we can to provide an unbiased determination of the home or property value.

With BOB'S APPRAISAL SERVICE, you won't have any doubts that you're receiving 100 percent ethical, professional service.