Honesty and Integrity: Fort Neck Real Estate Appraisal, Inc.

An appraiser's main responsibility is to their client. Typically, for a normal residential appraisal, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has contracted in order to maintain independence. Certain details relating to an assignment are to be discussed exclusively with the appraiser's client. So, as a homeowner, if you desire to obtain a copy of an appraisal report, you generally have to obtain it through your lender.

Other obligations include numerical accuracy depending on the assignment parameters, acquiring and keeping an adequate level of competency and education, and of course, the appraiser must behave in a professional manner. Here at Fort Neck Real Estate Appraisal, Inc., we take these ethical responsibilities very to heart.

In some cases appraisers will have fiduciary responsibilities to third parties, including homeowners, both buyers and sellers, or others. Those third parties normally are listed in the appraisal assignment itself. An appraiser's fiduciary roll is limited to those third parties who the appraiser knows, based on the scope of work or other things in the framework of the job.

	Fort Neck Real Estate Appraisal, Inc. has an established track record for providing competent and ethically superior appraisals. Contact us today to learn more.

There are also ethical duties that have nothing to do with whom we share information For example, appraisers must store their work files for at least five years - at Fort Neck Real Estate Appraisal, Inc. you can rest assured that we adhere to that rule.

We only perform to the highest ethical standards possible. Working on orders based on contingency fees is not something we can consider. That means we can't agree to do an appraisal report and collect payment on the contingency of the loan closing There's certainly a conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice explicitly 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 be assured we are doing everything we can to objectively determine the home or property value.

When you request an appraisal from Fort Neck Real Estate Appraisal, Inc., we'll make sure you're getting the professional service you expect along with the business principles we're known for.