|
|
 Corpus Christi Appraisal Service, Inc. upholds the utmost professional ethics
We think of what we do as a profession. Requirements to become a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can unquestionably be considered a profession rather than a trade. In our field, as with any profession, we must follow strict ethical considerations.
We have a lot of obligations as appraisers, but our main duty is to our clients.
Typically, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client.
It follows that appraisers have certain duties of confidentiality to their clients, plus strict rules and regulations to which we must adhere. So, as
a homeowner, if you desire to obtain a copy of the appraisal document, you normally have to get it from your lender.
Other responsibilities include numerical accuracy depending on the assignment parameters, attaining and sustaining a certain level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Corpus Christi Appraisal Service, Inc., we take these ethical responsibilities very seriously.
In some cases appraisers will have fiduciary responsibilities 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 role is restricted to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.
 |
 |
 |
Corpus Christi Appraisal Service, Inc. has an established track record for producing competent and ethically superior appraisals. To learn more, contact us. |
|
|
There are also ethical duties that have nothing to do with clients and others. For example, appraisers must be able to produce their work files for at least five years - something else Corpus Christi Appraisal Service, Inc. makes a part of their standard routine.
We meet or exceed the industry standards and guidelines set in place for ethics. We won't accept anything less from ourselves.
Working on assignments where our fee is dependent on our value conclusion is never an option.
In other words, we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion.
Anyone should be able to see that fabricating a home's value to achieve essentially a higher paycheck is unethical!
Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly defines a violation in ethics 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" in addition to other situations We follow these rules to the letter which means you can rest easy knowing we are going above and beyond to provide an unbiased determination of the home or property value.
With Corpus Christi Appraisal Service, Inc., you can be assured of 100 percent ethical, honest service.
|
|
