For honest and ethical appraisals, count on Appraisal Experts of Michigan

An appraiser's primary obligation is to their client. Typically, for a regular 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 retained to maintain independence. Certain matters relating to an assignment are to be discussed with the appraiser's client. So, as a homeowner, if you want to obtain a copy of an appraisal report, you generally have to obtain it via your lender instead of the appraiser.

Other responsibilities include numerical accuracy depending on the assignment's nature, acquiring and maintaining an appropriate level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics is standard operating procedure for us at Appraisal Experts of Michigan.

Appraisers can often have fiduciary obligations to third parties, such as homeowners, buyers and sellers, or others. Those third parties normally are listed in scope of 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 order.

	Appraisal Experts of Michigan has an established track record for performing competent and ethically superior appraisals. Contact us today to learn more.

Appraisers also have rules outside of boundaries of with whom we share information For example, appraisers must keep their work files for at least five years - something else Appraisal Experts of Michigan takes very seriously.

Appraisal Experts of Michigan holds itself to the industry standards and guidelines set in place for ethics. We won't accept anything less from ourselves. Accepting orders where our fee is dependent on our value conclusion is never an option. That means we don'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 a greater value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly describes 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" as well as other situations. We follow these rules to the letter which means you can be assured we are working hard to provide an unbiased determination of the home or property value.

With Appraisal Experts of Michigan, you won't have any doubts that you're receiving 100 percent ethical, professional service.